Remote opportunity at
Happy MoneyHead of Credit & Fraud
Happy Money is currently hiring a Head of Credit & Fraud to direct the credit and fraud risk strategies for their consumer lending operations. Operating fully…
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About This Role
Happy Money is currently hiring a Head of Credit & Fraud to direct the credit and fraud risk strategies for their consumer lending operations. Operating fully remotely, this leadership position reports to the Chief Risk & Analytics Officer and acts as the primary credit representative to the Executive Leadership Team and funding partners. The ideal candidate blends strategic vision with hands-on data analysis to balance loss rates and approval targets,…
Job Description
Happy Money is currently hiring a Head of Credit & Fraud to direct the credit and fraud risk strategies for their consumer lending operations. Operating fully remotely, this leadership position reports to the Chief Risk & Analytics Officer and acts as the primary credit representative to the Executive Leadership Team and funding partners. The ideal candidate blends strategic vision with hands-on data analysis to balance loss rates and approval targets, navigating economic cycles while safeguarding institutional portfolios.
The person in this role will define credit appetite, build comprehensive testing agendas, and manage a multidisciplinary team. Responsibilities include cross-functional collaboration with engineering, product, finance, and legal departments, alongside direct communication with banks, credit unions, and institutional investors. This position demands deep technical fluency, rigorous adherence to consumer lending regulations, and the ability to present complex risk metrics clearly to stakeholders and board members.
Responsibilities
- Formulate and direct end-to-end credit and fraud strategies, frameworks, and policies across the entire customer lifecycle
- Establish risk appetites alongside the Chief Risk Officer to determine approval criteria and loss thresholds
- Direct continuous testing initiatives for credit and fraud mechanisms while tracking performance metrics and early warning indicators
- Lead, recruit, and mentor a remote team of strategy, credit, and fraud professionals
- Collaborate with executive leadership and internal departments including Product, Engineering, Marketing, Finance, and Legal
- Serve as the main credit liaison for external capital partners, institutional investors, banks, and credit unions
Requirements
- Possess a college degree in a quantitative field such as Economics, Finance, Mathematics, Statistics, Engineering, Science, Computer Science, or Business (or equivalent experience)
- Bring 12 or more years of overall financial services industry experience
- Accumulate at least 8 years of direct credit risk experience with ownership of credit policy or strategy for a consumer lending portfolio
- Demonstrate prior experience managing or working closely alongside fraud risk strategies and controls
- Show a history of building and leading multidisciplinary, remote teams
- Display experience presenting data-backed strategic choices to C-suite executives, boards, and external stakeholders
- Hold working knowledge of consumer lending laws including the Fair Credit Reporting Act, ECOA, and Regulation B
Qualifications
- Prior background working within a fintech or smaller financial services organization
- Direct exposure to unsecured consumer products such as credit cards or personal loans
- Familiarity with credit union or bank partnership structures, forward flow initiatives, or loan sales
- Practical experience authoring credit policies for new product releases
- Experience steering a consumer lending portfolio through a credit downturn
- Hold an advanced degree such as an MBA, MS, or PhD in a quantitative discipline
Core Skills
Benefits
- Medical, dental, and vision insurance options
- Eligibility for an annual bonus
- Eligibility for a long-term incentive program
- 401k retirement plan featuring a matching contribution
- Generous paid time off covering vacation, sick leave, and volunteer days
- 12 weeks of paid parental leave
- Company-paid short-term disability, long-term disability, and life insurance
- Monthly technology stipend for remote work expenses
Frequently Asked Questions
Answers are based only on the employer’s listing; where it doesn’t say, neither do we.
Is this position remote?
Yes, Happy Money is a 100 percent fully distributed company, and this role is designated as remote.
What is the salary range for this job?
The base salary range spans from USD 220,000 to USD 260,000 per year, and the position is eligible for an annual bonus and a long-term incentive program.
Who does this position report to?
The Head of Credit & Fraud reports directly to the Chief Risk & Analytics Officer.
What level of experience is required?
Candidates must have 12 or more years of experience in financial services, including at least 8 years of credit risk experience with direct ownership of credit strategy or policy decisions for consumer lending portfolios.
Sample Interview Questions
AI-generated questions tailored to this specific role — a preview of the full practice set.
