Risk Associate
Risk Associate
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$ 55000 - 65000
1 Vacancy
Job Description
Coast is re-imagining the trillion-dollar U.S. B2B card payments infrastructure with a focus on the countrys 500000 commercial fleets 40 million commercial vehicles and many million commercial drivers. The incumbent technologies that cater to these customers are decades old and drivers and fleets increasingly demand modern digital experiences and affordable and transparent financial services products. Coasts mission is to deliver them at a transformational scale beginning with the Coast Fleet and Fuel Card built on a cutting-edge spend management platform.
As an early member of Coasts Risk team you will help drive operational initiatives related to underwriting customer risk management and fraud. This role requires an understanding of underwriting processes and the ability to analyze risk vectors such as credit and fraud risks. Youll partner closely with our sales customer operations product and engineering teams to partner and execute on risk strategies and the ability to take ownership of credit risk outcomes and lead strategic initiatives.
What youll do:
- Help support and apply Coasts risk underwriting policy used to onboard new business
- Investigate fraud events conduct root cause analyses and implement data-driven fraud defenses
- Execute Coasts risk credit policies on key customer management interactions including credit limit increase/decrease requests and credit risk reviews
- Continuously evaluate and improve Coasts risk policies and decision systems by researching emerging trends in underwriting and fraud
- Partner with operations product engineering and sales teams to promote credit and fraud initiatives
What youll bring:
- BA/BS from an university with 1 year of experience working in risk or underwriting operations preferably in a financial institution or fintech company
- Collaborative and humble mindset with a track record of working effectively across teams
- Strong attention to detail and a commitment to accuracy
- Ability to work independently in a fast-paced dynamic environment
Nice-to-haves:
- Experience in high-growth startups
- Experience within corporate/small business cards payments lending or related industries
- Strong SQL skills and ability to analyze data to create actionable insights
- Knowledge and understanding of KYC and KYB principles
What well bring:
- Salary range: $55000 $65000
- Equity grant
- A unique product that makes an actual impact on the businesses we serve
- Medical dental and vision insurance
- Flexible paid time off (vacation personal well-being paid holidays)
- Paid parental leave
- Tools to help manage your financial wellness including webinars access to an equity tax advisory service and company-sponsored 401K
- $400 accessories allowance for home office setup to be spent on a keyboard mouse headphones etc.
- Free lunch every Friday
About Coast
Coast is founded and led by Daniel Simon who previously cofounded Bread () a leading payments and credit technology firm backed by some of the worlds top VCs which was acquired for $500MM in 2020.
Coast has raised $165M in total funding our recent $40M Series B equity round was led by ICONIQ Growth with participation from Thomvest and Synchrony. Were also backed by top fintech and mobility venture funds including Accel Insight Partners Better Tomorrow Ventures Avid Ventures Bessemer Venture Partners BoxGroup Foundation Capital Greycroft Colle and premier angel investors including Max Levchin (Affirm) Josh Abramowitz (Bread) Jason Gardner (Marqeta) William Hockey (Plaid) Ryan Petersen (Flexport) and many others.
Check out our CEOs recent podcast interview with Primary Venture Partners and last years product/market deep dive on Fintech Layer Cake with Coast Founder Daniel Simon!
Coast is committed to diversity equity and inclusion. We are building a diverse and inclusive environment so we encourage people of all backgrounds to apply. Were an Equal Opportunity Employer and do not discriminate on the basis of race color gender sexual orientation gender identity or expression age religion disability national origin protected veteran status or any other status protected by applicable federal state or local law.
Required Experience:
IC
Employment Type
Full Time
