Underwriting Manager - Credit Cards

Job Description

The Underwriting Manager will lead the underwriting strategy and credit risk framework for the company’s credit card products. This role is responsible for developing underwriting policies, optimizing approval and pricing strategies, and ensuring portfolio performance aligns with growth and risk objectives in a fast-paced fintech environment.

Key Responsibilities

• Own and evolve the underwriting strategy for consumer and/or small business credit card products
• Design, implement, and maintain credit policies, decisioning rules, and risk thresholds
• Oversee automated underwriting models and credit decision engines (rules-based and ML-driven)
• Partner with Data Science to enhance scorecards, risk models, and segmentation strategies
• Balance portfolio growth, approval rates, loss performance, and profitability targets
• Monitor portfolio performance, delinquency trends, charge-offs, and early warning indicators
• Lead credit policy testing, champion/challenger strategies, and continuous optimization
• Ensure underwriting practices comply with regulatory requirements (CFPB, Fair Lending, ECOA, FCRA, UDAAP)
• Collaborate with Product, Engineering, Compliance, Fraud, and Operations teams on new product launches
• Prepare and present credit performance reporting to executive leadership and investors
• Manage and mentor underwriting and credit risk team members

Qualifications

• 5+ years of experience in underwriting or credit risk within credit cards, fintech, or consumer lending
• Deep understanding of credit card underwriting, risk-based pricing, and lifecycle credit management
• Experience with alternative data, bureau data, and modern fintech underwriting tools
• Strong knowledge of consumer credit regulations and fair lending standards
• Proven ability to operate in high-growth, data-driven environments
• Excellent analytical, communication, and stakeholder management skills