VP of Risk



Remote · United States
Posted on Friday, February 9, 2024

Who We Are

Settle is on a mission to make buying inventory super easy. Since the company’s inception in 2019, we’ve been building a cashflow management platform that allows founders and small business owners to more easily manage their company’s financial health with a mix of accounts payable and flexible financing tools. We already work with some amazing brands that you probably know and love, like Starface, Ghia, and Italic.

Our small but growing team was founded in San Francisco along with an engineering hub in Lviv, Ukraine. We’re building a fully distributed team and support you working from wherever you are. We're well funded (Series-B) with backing by Ribbit, Stripes, Kleiner Perkins, Founder’s Fund, SciFi Ventures, and others. Our benefits are competitive, our time off is flexible, and our compensation packages include equity.

Check us out in On Deck's Top Companies of 2023, Forbes' Next Billion-Dollar Startups, Techcrunch and this Kleiner blog post.

We have big ambitions for growth which requires a scalable and innovative approach to risk management. As the Vice President of Risk at Settle, you will play a pivotal role in developing and implementing strategies to identify, assess, and mitigate credit risk. This leadership position requires a seasoned professional with a strong background in credit risk management within the financial technology sector.


  • Underwriting and Risk Assessment:
    • Lead the development and continuous improvement of credit underwriting policies and procedures.
    • Design a strategy to move towards automated underwriting, supported by machine learning models
    • Conduct thorough risk assessments to determine the creditworthiness of borrowers.
  • Pricing Strategy:
    • Develop and implement effective risk-based pricing strategies.
    • Collaborate with product and finance teams to ensure pricing aligns with risk parameters and business goals.
    • Work with the GTM team to implement pricing strategies on an ongoing basis.
  • Portfolio Management:
    • Oversee the ongoing management and monitoring of the lending portfolio.
    • Implement strategies for portfolio diversification and risk mitigation.
  • Credit Analytics:
    • Utilize advanced analytics to derive insights into credit trends and performance.
    • Develop and enhance credit risk models to improve decision-making processes.
  • Regulatory Compliance in Credit:
    • Stay updated on relevant regulations impacting credit risk management.
    • Ensure compliance with regulatory requirements in credit underwriting and portfolio management.
  • Team Leadership:
    • Build and lead a high-performing credit risk management team.
    • Provide guidance on credit risk policies, ensuring alignment


  • Minimum of 10 years of experience in credit risk management within the lending or financial services industry.
  • Proven track record in developing and implementing successful credit risk strategies.
  • In-depth knowledge of credit risk analytics and modeling.
  • Familiarity with regulatory frameworks governing credit risk in lending.

This role has an annual starting salary range of $220,000 – $300,000 + equity + benefits. Actual compensation is influenced by a wide array of factors including but not limited to your individual skills and experience.

Our Commitment to You

At Settle we know that cultivating diversity and fostering an inclusive work environment is critical to our impact and success. We create an environment where no individual is advantaged or disadvantaged because of their background. We offer equal opportunity employment regardless of race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability status, age, marital status, or protected veteran status.

With a commitment to maintaining a bias-free environment in which harassment is prohibited, we respect cultural diversity and comply with the laws of the places in which we operate. We expect our business partners, suppliers, clients, and all of our team members to uphold these commitments.