This role is on-site Monday-Friday 9am-6pm and is not eligible for remote work.
Who You Are:
As a senior member of the credit risk team, you will lead the execution and continuous improvement of our credit evaluation framework. You will be responsible for ensuring sound risk assessment across our applicant pipeline while enhancing automation and analytics in our underwriting practices. Your role will support business growth while safeguarding portfolio quality, driving compliance, and mentoring junior team members.
What You Will Do:
- Lead oversight of credit scoring systems, ensuring they remain effective, calibrated, and aligned with business strategy and risk appetite
- Act as the primary liaison with external service providers and data vendors, evaluating performance, negotiating terms, and ensuring data accuracy and compliance
- Ensure end-to-end compliance with internal credit and underwriting policies, identifying opportunities for process enhancement or automation
- Supervise and validate the collection and review of all application documentation critical to credit scoring and underwriting
- Conduct advanced financial statement analysis of complex businesses and industries, identifying key risk indicators and financial health metrics
- Evaluate creditworthiness through bureau reports, bank statements, cash flow trends, and alternative data sources
- Conduct structured merchant interviews to validate business operations, understand risk profile, and clarify inconsistencies in submitted documentation
- Perform due diligence by communicating directly with applicants, vendors, and financial references to gather supplemental information
- Oversee data inputs into internal scoring models and make recommendations for model improvements based on observed outcomes
- Prepare and present high-quality credit memoranda to the Credit Committee, offering strategic recommendations backed by risk analytics
- Serve as a key liaison to the Credit Committee, coordinating on escalations and responding to post-submission inquiries
- Communicate final credit decisions to internal stakeholders, particularly the sales organization, and provide rationale and guidance for declined cases
- Maintain comprehensive, compliant records within the internal credit management system
- Collaborate with sales and operations teams to resolve application queries and drive faster, more accurate credit decisions
- Develop and maintain portfolio and pipeline reporting, identifying early warning signs and supporting strategic decision-making
- Research and propose adoption of new underwriting tools, data sources, or modeling enhancements that improve risk segmentation and efficiency
- Support the training and onboarding of junior credit analysts, providing feedback and ensuring consistent application of underwriting standards
What You Bring to the Table:
- Proven expertise in commercial or SMB credit risk assessment, ideally in fintech or alternative lending
- Demonstrated ability to build, interpret, and optimize credit models (quantitative and qualitative)
- Deep experience conducting financial analysis, including liquidity, leverage, and cash flow ratios
- Strong understanding of credit scoring frameworks, risk segmentation, and loss mitigation techniques
- Familiarity with compliance standards including ECOA, FCRA, and internal governance policies
- Experience producing and analyzing credit and bad debt reporting at the portfolio level
- Experience conducting merchant or borrower interviews as part of due diligence and fraud prevention
- High attention to detail with strong organizational discipline and data integrity standards
- Excellent interpersonal skills, capable of navigating cross-functional collaboration with sales, operations, and finance
- Clear and effective communicator, with strong report writing and presentation abilities
- Who We Are
BackdCapital is the business lending division of Backd, a fintech company founded in 2019 with a bold mission: give small and medium-sized businesses the capital and support they deserve. We're talking about the businesses behind roughly 95% of the US job market, and we're in their corner. We're hitting our stride, growing fast, and looking for ambitious, hungry people ready to be part of something special.
How is BackdCapital different from a traditional lender?
Speed, flexibility, and a genuine belief that small businesses deserve better options. While traditional lenders often come with long timelines, fixed repayment structures, and collateral requirements, BackdCapital offers a different path. Through Working Capital Advances, Business Term Loans, and Business Lines of Credit, we give business owners fast access to capital that's customized to their needs, on their timeline, without giving up a single point of equity. We're not just another lender. We're the partner small businesses have always needed.
Life at BackdCapital
BackdCapital is the kind of place where careers are built