Director, Credit Risk Oversight - Consumer Lending (2nd Line of Defense)

Director Of Credit Risk OversightBest Egg, now part of Barclays, is a market-leading, tech-enabled financial platform helping people build financial confidence through innovative lending solutions and financial health tools. As a Barclays company, we combine the agility and customer focus of a fintech with the global reach, stability, and purpose of a leading financial institution—working together to create a better financial future for our customers and communities.At Best Egg, you'll find a culture grounded in our core values—putting people first, creating clarity, delivering with excellence—enhanced by Barclays' commitment to integrity, inclusion, and long-term impact. Together, we empower our colleagues to challenge, innovate, and take ownership while making a meaningful difference in people's financial lives.With the strength of Barclays behind us, we offer expanded opportunities for growth, development, and career mobility across a global organization—while continuing to build the products and experiences that make Best Egg unique.We're looking for collaborative, curious problem-solvers who are excited to make an impact and grow with us.We're proud to be an equal opportunity employer committed to building a diverse and inclusive team.About The RoleWe are seeking an experienced Director of Credit Risk Oversight to join our Second Line of Defense (2LOD) supporting unsecured and secured personal loan products. This role will provide independent oversight, governance, and credible challenge across credit underwriting, pricing, loan amount, portfolio performance, credit policy governance, and risk appetite.This individual will play a critical role in ensuring that credit strategy and growth initiatives are aligned with the company's risk appetite, regulatory expectations, and sound risk management practices.Key Responsibilities:Credit Risk Oversight & GovernanceProvide independent 2LOD oversight and challenge of credit underwriting, loan amount/credit exposure, pricing, and portfolio performance strategiesEnsure effective governance frameworks are in place for credit decisioning, strategy changes, documentation, and reportingPortfolio Monitoring & Risk AnalyticsMonitor portfolio performance across originations, vintages, and customer segmentsIdentify emerging risks, evolving trends, and portfolio concentration opportunitiesEvaluate impacts of strategy changes on approval rates, credit quality, and profitabilityMarketing & Growth Strategy OversightUnderstanding of marketing and growth strategies impacts to ensure alignment with credit risk appetite and portfolio objectivesReview expansion strategies (e.g., new segments, channels, or products) for risk implicationsRegulatory & Compliance OversightEnsure adherence to applicable consumer lending and fair lending regulations (e.g., ECOA/Reg B, FCRA, UDAAP, etc.)Provide effective challenge on fair lending risk, model bias, and disparate impact considerationsSupport regulatory exams, internal audits, and issue remediationRisk Reporting & GovernanceDevelop and maintain credit risk reporting, insights, and dashboardsEscalate material risks, control gaps, or model concerns in a timely mannerChange Management & InnovationProvide oversight of new credit strategies, model deployments, and product launchesEnsure appropriate risk assessment and governance for FinTech-driven innovations (e.g., alternative data, AI/ML models)Support ongoing enhancement of credit risk frameworks and controlsQualifications:Required Experience10+ years of experience in credit risk management, underwriting, or portfolio risk within consumer lendingDirect experience managing or overseeing first or second line of defense credit risk functions requiredExperience in 2LOD, model risk, validation, or audit, or strong exposure to independent oversight functionsDeep understanding of credit risk models and decision strategiesProven experience analyzing portfolio performance and credit trendsPreferred ExperienceExperience in a FinTech and/or regulated banking environmentExposure to digital lending, alternative data, or advanced analytics/ML modelsRegulatory KnowledgeStrong knowledge of consumer lending regulations, including:ECOA / Regulation B (fair lending)FCRAUDAAPExperience in addressing fair lending and model governance risks preferredSkills & CompetenciesStrong risk and control mindset with ability to provide independent, credible challengeAdvanced analytical and quantitative skillsAbility to connect credit strategy decisions to portfolio outcomes and risk appetiteExcellent communication and stakeholder managementAbility to operate effectively in a fast-paced, data-driven FinTech environmentWillingness to adapt to a fast-paced environment and adjust priorities accordingly$125,000 - $150,000 a yearEmployee BenefitsBest Egg offers many additional benefits for our employees, including (but not limited to):· Pre-tax and post-tax retirement savings plans with a competitive company matching program· Generous paid time-off plans including vacation, personal/sick time, paid short-term and long-term disability leaves, paid parental leave, and paid company holidays· Multiple health care plans to choose from, including dental and vision options· Flexible Spending Plans for Health Care, Dependent Care, and Health Reimbursement Accounts· Company-paid benefits such as life insurance, wellness platforms, employee assistance programs, and Health Advocate programs· Other great discounted benefits include identity theft protection, pet insurance, fitness center reimbursements, and many more!In compliance with the CCPA, Best Egg is fully committed to handling the personal information and data of employees and job applications responsibly with respect and due care. Review our CCPA Employee Policy here