Credit Risk Manager, PayZen
$140-164k
+ Equity
More information about location
3 days a week in office
Fintech for healthcare affordability
Job no longer available
Fintech for healthcare affordability
101-200 employees
Job no longer available
$140-164k
+ Equity
More information about location
3 days a week in office
101-200 employees
Company mission
To bring financial health to healthcare.
Role
Who you are
- We are looking for team members who are passionate about contributing to the growth of a product that’s improving access to healthcare for all Americans
- 4+ years of experience in credit risk analytics, underwriting, or portfolio management within fintech, payments, or lending
- Proficiency in SQL and experience using Python (or similar) for data analysis and modeling
- Ability to translate complex analytical findings into clear recommendations for cross functional partners
- Experience working in fast-paced, ambiguous environments with multiple stakeholders
- Familiarity with real-time or near–real-time decision engines and underwriting platforms
- Bachelor’s degree in a quantitative field such as Statistics, Economics, Finance, Engineering, or Computer Science
What the job involves
- We are seeking a strategic and results-oriented Credit Risk Manager to lead credit risk analytics supporting underwriting, pricing and automated decisioning across PayZen’s product suite
- In this role, you will develop and optimize credit risk strategies spanning core decision points, partner closely across the organization to enhance our decision engine, and ensure credit strategies balance growth, portfolio quality and patient experience
- You will play a critical role in translating complex data into scalable and robust risk solutions
- This role reports to the Head of Credit, and collaborates closely with stakeholders across the organization including Finance, Product, Engineering, Go-to-Market
- This is an exciting opportunity to be part of a mission-driven organization poised for significant growth
- Define, execute and socialize credit risk strategy and risk appetite aligned to effective risk mitigation, growth and profitability goals
- Establish credit policy and lifecycle controls across patient touchpoints
- Leverage traditional and alternative data to design and refine underwriting and pricing strategies across PayZen’s products
- Maintain critical reporting to track KPIs including origination trends, delinquency and loss rates, pricing and unit economics
- Enhance loss forecasting and work closely with partners to quantify implications of loss forecast and loss curve changes
- Partner with Product and Engineering to translate risk requirements into scalable, production-grade decision logic as well as support ongoing optimization of credit decisioning through experimentation, monitoring, and feedback loops
- Why PayZen?
- An opportunity to positively affect the lives of thousands of patients
- A chance to join a high-growth company at an early stage
- Contribute to the development of a product that revolutionizes medical payments in ways never seen before
- Become a key member of a collaborative, high performing team, shaping its growth and success
Our take
More than half of Americans cannot cover an unexpected medical expense of $1,000. To help solve this healthcare affordability crisis, PayZen offers personalized payment options. Using AI and machine learning, patient’s data is analysed to evaluate their ability to pay, making it possible to pre-emptively support those in financial difficulty.
PayZen works for patients and medical providers. Providers can expect to get a much higher collection rate with accelerated cash flow, without having to pay software costs or program fees, whist patients receive affordable and flexible access to care without interest or fees. A patient’s debt doesn’t increase, as they never have to pay more than the cost of the service.
While the Buy-Now-Pay-Later space in healthcare is becoming increasingly overcrowded - Afterpay and Sezzle, for example, allow customers to pay their medical bills in interest-free instalments - PayZen's strong funding history puts it in a good position from which to grow. It has used funds to accelerate its mission and launch new ventures such as the "Care Card", that offers the benefits of its payment plans in the form of a physical and virtual debit card.
Kirsty
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 4 rounds)
Aug 2024
$32m
SERIES B
Nov 2022
$20m
SERIES B
Total funding: $72m
Company benefits
- Hybrid Schedule: In-office Monday, Tuesday, and Thursday, remote Wednesday and Friday
- Flexibility: PayZen offers discretionary time-off and 16 weeks of parental leave for US-based roles
- Connection: Team meals, collaborative spaces, and global events that foster stronger relationships
Company HQ
Civic Center, San Francisco, CA
Leadership
Ariel Rosenthal
(Co-founder & CTO)Previously co-founded Zmani and Brainpickin, and served as CEO for Xprt App Solutions. Experience as a Full-Stack Developer for Houzz, IvyMark, Highcon and VideoStir.
Itzik Cohen
(Co-Founder & CEO)Previously founded Clipsync and served as CEO, as well as for IGC Media and Beyonce Finance. Spent nearly 7 years as VP of Corporate Development for WebEx Communications.
Tobias Mezger
(Co-Founder & CRO)Previously spent nearly 8 years as the Principal of The Boston Consulting Group before serving as VP of Corporate Development and Strategy for Prosper Marketplace.
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