Senior Credit Associate

About Us

Rho is on a mission to make finance frictionless for business. Our team and technology power high-performing companies with an end-to-end finance platform that seamlessly enables teams to safely conduct and manage company cash and spending across commercial-grade banking, corporate cards, A/P and more.

About the Role

We’re looking for an experienced, detail-oriented, and results-driven Senior Credit Associate to join our Credit team. You will also work with members of our data, sales, operations, and client development teams to provide a frictionless experience for our clients while ensuring compliance with internal policies.

This role is based out of our New York City (Soho) office 5 days per week. 

Responsibilities

• Manage the end-to-end credit onboarding process including application requirements, underwriting and credit activation.
• Leverage internal and external data to validate and iterate underwriting and line assignment programs. 
• Perform credit analyses across the full product suite and develop cross-product risk strategies. 
• Lead as credit POC for all teams in the New York office, including training, and ensuring best practices and seamless communication and support with customer-facing partners for all credit-related matters. 
• Partner with product and engineering to develop best-in-class decision engines and underwriting tools to increase operational efficiency.
• Manage portfolio management process, including strategies to collate and decision up to date data across all portfolio companies. 
• Research emerging macro and portfolio trends to innovate underwriting policies and partner with team members to develop backtests and model improvements.
• Maintain and iterate monitoring dashboards for underwriting decisions and portfolio performance, and own risk triggers, alerts and credit risk reviews.
• Assist and manage other credit team members on all aspects of underwriting, risk monitoring, portfolio management, and ad hoc projects as needed.

Qualifications

• 5+ year of full-time commercial underwriting or credit experience at a bank, fintech lender, or similar institution
• Excellent interpersonal skills across a variety of communication styles. Ability to work cross-functionally on projects and respond to various ad-hoc requests related to credit and the business as a whole
• Quantitative background, including degree in economics, mathematics, science, or engineering
• Proficient in three-statement financial modeling and how they interact with each other
• Extreme attention to detail, capable of performing work with ownership mentality
• Comfortable working independently and managing ambiguity in a fast-paced environment
• Intellectual and personal integrity
• Capable of multi-tasking across competing assignments with changing priorities and deadlines
• Bonus points if you have experience in (1) SQL/data query languages, (2) investigative research, and/or (3) VBA

Our people are our most valuable asset. The salary range for this role is $111,000 - $129,000. Base salary may vary depending on relevant experience, skills, geographic location, and business needs. In addition to base pay, Rho offers equity, healthcare benefits and paid time off.

Diversity is a core value at Rho. We’re passionate about building and sustaining an inclusive and equitable environment for all those involved with our mission, including employees, contractors, candidates, customers and vendors. We believe every member of the Rho community enriches our ability to provide a broad range of ways to understand and engage with the market, identify problems, and drive solutions that align with our mission. We welcome all qualified applications and support each of our Rho’ers with ongoing professional growth opportunities.