As Head of Risk for Financial Products, your primary responsibility is to design & set-up a strategic credit risk management framework for the business, serve on the Financial Products leadership team in development of new products & services, & build a high performance risk team to support the business roadmap.
The Head of Risk will play an integral role as a core member of the Financial Products leadership team. They will design & setup a risk management team that will focus on establishing policies for client on-boarding/KYC, fraud, AML, credit & underwriting (as needed), as well as define & implement necessary risk workflows, rules & models.
The Head of Risk will drive critical risk decisioning in the product development process as we navigate from early product market fit through growth stage, including conducting detailed business analysis & requirements definition, business & resource prioritization, design, development, implementation, & continuous improvement iterations. They will need to create & operationalize risk frameworks for unconventional business-focused products, & convince internal stakeholders & external partners about sufficiency of the models to underwrite product & customer risk.
The Head of Risk will lead end-to-end capability development spanning Risk Management functions as well as Product, Engineering, Operations & may require integration with other Carta business units & functional areas.
In this role, you will report to & will work closely with Carta's Head of Financial Products to help define the business roadmap, support in designing & launching products & own the risk function for the business on an ongoing basis.