Role Overview

The Vice President of Credit Risk Management at AvidXchange is a pivotal role that will own comprehensive oversight of our Credit Risk programs, with a focus on innovative spend and payment solutions. This Executive will champion B2B Risk Management strategies, leading the charge in mitigating traditional and non-traditional financial risks to support AvidXchange’s growth.  The VP of Credit Risk Management will also be instrumental in developing and implementing risk models, underwriting policies, and managing collateral for card and lending programs, while ensuring compliance and collaboration with key internal stakeholders.

This role will ideally sit out of our Charlotte, NC HQ but will consider virtual candidates (Travel required once a month to Charlotte, NC).

What you'll do

  • Overall program credit and risk oversight with initial focus on new card and lending solutions, and longer-term focus on the Enterprise Risk management practice across AvidXchange 
  • Lead B2B innovations in Risk management from traditional card/lending risk to non-traditional platform spend leakage risk to support profitable business growth and be a thought partner in payment innovations 
  • Oversee Broad Risk management efforts including model development, underwriting decisions, portfolio management, transaction monitoring, delinquency and collections 
  • Lead Program strategy, development and execution end to end including strategy, policy development and implementation, to reduce risk and drive program profitability 
  • Key liaison and thought leader across key stakeholders across the company to lead the way in Risk Management as a discipline- Legal, Compliance, Treasury, Finance etc. develop a compliant money movement system which manages company risk and accounting needs 
  • Implement collateral management policies / program management for all card and lending programs 
  • Lead the charge on receivables management and identifying/executing on a program with a third-party lender to setup receivables financing 
  • Collaborate with Fraud Operations and Product to establish tech first automated KYC/KYB processes 
  • Leverage lending finance compliance and law expertise to work with internal legal and external partners on evaluating our legal approach

What we're looking for

  • 10 or more years of experience within financial services, specifically within Credit Risk Management
  • Proven underwriting and transaction monitoring/customer management experience 
  • Experience in small business and commercial across credit card, working capital and short-term lending 
  • Legal / Compliance expertise in conjunction with lending programs
  • Finance and Capital Markets experience, specifically with partnering and advising internal finance partners on FP&A items (How to manage reserve requirements for the business and influence bank and capital markets structuring for our lending programs  
  • Ability to communicate new concepts effectively and collaborate cross functionally  
  • Ability to work in a fast-paced environment
  • Strong analytical and data driven decision making abilities 
  • Bonus Points:  Experience with Fraud, Treasury, Factoring, B2B, Lending
  • Bonus Points:  SaaS, FinTech experience

 

 

About AvidXchange

AvidXchange is a leading provider of accounts payable (“AP”) automation software and payment solutions for middle-market businesses and their suppliers. By trade, we are a technology company, but if you ask anyone who works here, they’ll tell you our people are at the core of who we are. We focus on creating a culture of Diversity, Inclusion & Belonging, and are proud to be a safe place where teammates can bring their whole selves to work. At AvidXchange, mindset is everything. We are Connected as People, Growth Minded, and Customer Obsessed. These three mindsets represent our culture – who we are, who we’ve always been, and they guide us to improve every day. Since our founding in 2000 in Charlotte, NC, we’ve created a company of over 1,600 teammates working in one of our 5 offices across the U.S., or remotely. AvidXchange is proud to be Certified™ as a Great Place to Work®. The prestigious recognition is based on anonymous data from our teammates and makes official what our teammates have known for years – that AvidXchange is a Great Place to Work®. 

Who you are: 

  • A go-getter with an entrepreneurial mindset – that means you are not afraid of taking risks, winning big or facing the unknown. 
  • Someone who understands that business is people centric. Connecting with others as humans first allows you to develop mutually beneficial working relationships. 
  • Focused on making a difference for our customers. AvidXchange exists to help solve complex problems for our customers so we can all realize our potential. 

What you’ll get:  

AvidXchange teammates (we call them AvidXers) get the perks and prestige of a publicly traded tech company paired with the flexibility of a founder-led startup. We help our AvidXers develop as professionals and as human beings, providing work/life balance, development programs, competitive benefits and equity options. At AvidXchange, we are building more than a tech company – we are building an experience. We remain committed to a culture where you can fully be 'you’ – connected with others, chasing big goals, and making a meaningful impact. If you want to help us grow while realizing your potential and creating stories you’ll tell for years, you’ve come to the right place.

AvidXers enjoy:  

  • 18 days PTO* 
  • 11 Holidays (8 company recognized & 3 floating holidays) 
  • 16 hours per year of paid Volunteer Time Off (VTO) 
  • Competitive Healthcare 
    • High Deductible Heath Plan Option that has $0 monthly premium for teammate-only coverage 
    • 100% AvidXchange paid Dental Base Plan Coverage
    • 100% AvidXchange paid Life Insurance 
    • 100% AvidXchange paid Long-Term Disability 
    • 100% AvidXchange paid Short-Term Disability  
    • Employee Assistance Program (EAP) - Provides counseling services, legal and financial consultations and health advocacy for Teammates and their eligible dependents
    • Onsite Health Clinic with Atrium Health** - available to Teammates and their eligible dependents
  • 401k Match up to 4% 
  • Parental Leave: 8 weeks 100% paid by AvidXchange*** 
  • Discounts on Pet, Home, and Auto insurance 
  • BrightDime Financial Wellness Tool, offered free to teammates 
  • WeeCare Childcare Service: helps teammates find affordable daycare, childcare, and tutors 40% less expensive than traditional daycare centers 
  • Perks at Work: free discount program that provides teammates the opportunity to save on items from electronics, movie tickets, car buying, vacations, and more 
  • Onsite gym fitness center, yoga studio, and basketball court****
  • Tuition Reimbursement up to the federal maximum of $5,250*****
  • Hybrid Workplace Flexibility
  • Free parking

*Fully granted from beginning of year, pro-rated if hired mid-year 

**Charlotte location only  

***Must be full-time for at least 3 months
****Charlotte location only
*****Must be full-time for at least one year 

Equal Employment Opportunity

AvidXchange is an equal opportunity employer. AvidXchange is committed to equal employment opportunity in accordance with applicable federal, state, and local laws. AvidXchange will not discriminate against applicants for employment on any legally recognized basis. This includes, but is not limited to veteran status, race, color, religion, sex, sexual orientation, gender identity, gender expression, national origin, age and physical or mental disability. 

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