Counterparty/Credit Risk Manager

Augustus Bank is growing a best-in-class global bank and requires a strong risk function to support this endeavor. This role will focus on counterparty risks stemming from BaaS relationships, partnerships and future credit offerings. The role focuses on risk assessments of clients, new products and services, as well as continuing to develop risk monitoring and reporting.

Responsibilities

Maintaining the client inventory and running the quarterly reconciliation against payment and contracting data; Running new client and partner relationships through intake and onboarding; Executing initial due diligence at onboarding and ongoing due diligence on the recurring schedule for existing client and partner relationships; Collaborating with subject matter experts across Information Technology, Information Security, BSA/AML & OFAC, Compliance (Consumer & Regulatory), Credit, Finance, and Legal; Extending due diligence downstream to critical fourth parties, where required; Developing credit, concentration, liquidity and other financial risk metrics and ongoing monitoring and reporting of the same

Requirements

5+ years of experience in counterparty risk management, credit risk, or a related risk function; Experience working in fast paced environments with a high level of agency and ownership, ideally blending Fintech and Bank experience; Comfortable working directly with stakeholders across various functions; Located in New York area or willing to relocate

Benefits

Equity; Base salary; Career Growth; Network; Real Participation (employees are shareholders); Relocation support; Visa support; Apple gear (MacBook + AirPods); Lunch benefit; Gym benefit; Office in the heart of the city; 4x on-/offsites per year; Annual development budget; Comprehensive medical, dental, and vision insurance; 401(k) retirement plan