Director, Credit Risk

About the role

In this role, you will be responsible for shaping and enhancing Ripple's global credit risk framework, ensuring it adapts to the company's growth. You will work closely with various teams to structure institutional credit solutions that align with business objectives.

The position involves overseeing portfolio health and developing advanced models for stress testing and credit analysis. You will also lead a team dedicated to credit risk management while driving initiatives that improve data quality and automation in credit monitoring.

The salary range for this position is between $204,000 and $250,000, reflecting the seniority and expertise required.

Skills that matter here

• credit risk: You will oversee and enhance the credit risk framework for Ripple.
• lending: The role involves structuring innovative lending deals and managing credit exposure.
• financial modeling: Exceptional financial modeling skills are essential for developing internal ratings and stress-testing models.
• data analysis: Data analysis will be key in monitoring portfolio health and risk parameters.
• collateral management: You will design collateral mechanisms for on-chain lending protocols.

Who this role suits

• A seasoned professional with over 10 years in credit risk and lending, ideally from a bank or fintech.
• Collaborative and humble, valuing diverse perspectives and strong cross-functional relationships.
• Proactive and solution-oriented, with a strong ability to identify risks and propose solutions.
• Strong communicator, able to convey complex financial concepts to various stakeholders.

From the employer

What You’ll Do

• Own & Scale Credit Strategy: Evolve and improve Ripple’s global credit risk framework (including policies, risk appetites, underwriting standards, and limit structures), ensuring they scale dynamically with business growth.
• Drive Commercial Credit Structuring: Partner proactively with Sales, Product, Trading, and Financial Services teams to structure institutional credit solutions, enable new revenue streams, and facilitate deal execution within risk appetite.
• Pioneer On-Chain Risk Management: Partner closely with Product and Engineering teams to design and build risk parameters, automated monitoring, and collateral mechanisms for on-chain lending protocols and digital asset products.
• Portfolio Monitoring & Stress Testing: Oversee portfolio health, concentrations, covenants, and collateral in real time. Develop sophisticated internal ratings, scorecards, and stress-testing models tailored to digital asset volatility, market dislocations, and liquidity risks.
• Cross-Functional Collaboration: Partner with Legal and Compliance to negotiate credit documentation, master agreements, and security packages while serving as a trusted advisor to senior leadership, the Risk Committee, and the Board.
• Team Leadership & Development: Build, mentor, and empower a high-performing credit team as Ripple scales globally.
• Data & Automation: Drive tooling and automation initiatives to continuously elevate credit monitoring, reporting, and data quality.

What You'll Bring

• Proven Track Record & Accomplishments: 10+ years of progressive credit risk, lending, or structured credit experience at a bank, prime broker, fintech, or digital asset firm, including 3+ years successfully building and managing teams.
• Commercial Mindset: Demonstrated success partnering with commercial teams to structure, negotiate, and close complex institutional lending or credit transactions.
• Low Ego & High Collaboration: A humble, team-first approach. You lead with empathy, actively seek out diverse perspectives, elevate those around you, and build strong cross-functional relationships.
• Analytical & Technical Excellence: Exceptional financial modeling skills (Excel, Google Sheets, SQL/Python a plus) and deep expertise in counterparty credit analysis, margin/collateral frameworks, and financial statement review.
• Crypto & Market Knowledge: Strong understanding of digital assets, stablecoins, lending protocols, and crypto market dynamics, including unique volatility, custody, settlement, and liquidity risks.
• Technology Forward: Experience partnering with technical teams to design and build models, leverage Agentic AI solutions to enable underwriting and monitoring, and experience integrating third party models and AI platforms in the credit risk space.
• Proactive & Solution-Oriented: Highly self-directed with a strong bias for action. You proactively identify emerging risks, propose pragmatic solutions, and can effectively say "no" constructively when required.
• Strong Communication: Superior written and verbal communication skills, with the ability to articulate complex financial and risk concepts clearly to executives, board members, and external partners.
• Education & Credentials: Bachelor’s degree in Finance, Economics, Accounting, or related field (MBA, CFA, or FRM strongly preferred).

What the Company Offers

• Competitive salary, bonuses, and equity.
• Competitive benefits that cover physical and mental healthcare, retirement, family forming, and family support.
• Employee giving match.
• Mobile phone stipend.
• R&R days so you can rest and recharge.
• Generous wellness reimbursement and weekly onsite & virtual programming.
• Generous vacation policy - work with your manager to take time off when you need it.
• Industry-leading parental leave policies. Family planning benefits.
• Catered lunches, fully-stocked kitchens with premium snacks/beverages, and plenty of fun events.