Ramp

Credit Risk Associate

New York, New York, United States

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$108,300 – $165,500Compensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Fintech, Financial ServicesIndustries

Requirements

Candidates must have a minimum of 2 years of experience in credit risk management or a quantitative strategy role. Proficiency in SQL or Python for data retrieval and manipulations is required, along with experience in consumer, corporate, or small business cards, payments, lending, or related industries. Excellent written and verbal communication skills are essential.

Responsibilities

The Credit Risk Associate will leverage internal and external data to create best-in-class credit policies, understand Ramp’s exposure to risk across multiple products, and investigate the efficiency of risk policies and procedures. They will analyze market trends to identify macroeconomic risk factors, partner with cross-functional teams to execute credit policies, and collaborate with data scientists to build credit risk models. Additionally, they will work with finance teams to maintain a risk-adjusted returns framework.

Skills

Data Analysis

Risk Management

Underwriting

Credit Policies

Financial Accounting

Banking Data

Commercial Credit Bureau Data

Sales Data

Ramp

Corporate card and spend management platform

About Ramp

Ramp provides a corporate card and spend management platform that helps businesses track expenses and save money. The platform allows finance teams to manage corporate cards, expense reports, and bill payments in one place, and it integrates with tools like Slack for added convenience. Ramp serves a wide range of clients, from large enterprises to creative agencies, and aims to reduce overall expenses through its comprehensive financial tools. Unlike competitors such as Amex and Brex, Ramp generates revenue through interchange fees on card transactions and subscription fees for advanced features. The company's goal is to streamline financial operations for businesses and help them achieve significant cost savings.

Key Metrics

New York City, New YorkHeadquarters

2019Year Founded

$1,096.3MTotal Funding

SERIES_DCompany Stage

Fintech, Financial ServicesIndustries

1,001-5,000Employees

Benefits

Competitive salaries: You never have to wonder how your pay compares. Our generous comp reflects our belief that you’ll take Ramp to the next level.

Comprehensive health plans: US-based employees get full medical, dental, and vision insurance coverage. Everyone gets a monthly stipend for personal wellness.

Professional development: Take advantage of our annual education stipends to stay on top of your personal growth.

Unlimited PTO: Flexible vacation days give you the time to step away, unwind, and recharge.

Risks

Increased competition from fintech startups could challenge Ramp's market position.

Economic downturns may reduce business spending, affecting Ramp's revenue streams.

The volatile travel industry poses risks to Ramp's new travel booking services.

Differentiation

Ramp integrates with popular tools like Slack and Workday for seamless financial operations.

The platform offers advanced accounting automations, reducing manual work for finance teams.

Ramp's use of stablecoins and modern financial instruments sets it apart from competitors.

Upsides

Ramp's integration with Workday enhances real-time data syncing and accounting automation.

The partnership with Priceline expands Ramp's services into the growing business travel sector.

Ramp's recent $750 million funding boosts its capacity for innovation and market expansion.

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