About Bright

Bright is a consumer fintech that helps Americans get out of debt, with the power of data science and machine learning. It is a mobile app that combines all the tools and tech needed to manage and get rid of debt.

Bright’s tools include credit score building, automated debt paydown plans, financial planning, budget planning tools, and refinance loans. It works with credit cards, student loans and car loans.

Bright has had 6x growth in the last year, with 300,000 users, and more than 100,000 ratings and reviews.

Bright is backed by three major venture capital funds (Sequoia, Falcon Edge and Hummingbird) and with top angel investors from the US, UK and India, Bright has raised +$40 million in funding to date.

Bright has recently raised $50M in debt funding from Encina Lender Finance, for its credit business growth. Encina Lender Finance provides lending solutions to consumer and commercial speciality finance companies across the U.S. and Canada.

Today we are among the top 8 US FinTech companies. We will become a top-100 US financial institution, with the unique strength of data science and predictive modeling to enhance financial products for a user’s life outcomes.

We will be the first at-scale Consumer Tech company, built in India for Global markets.

About Our Founders:

Bright was founded in 2019 by a founding team from McKinsey’s Banking Practice (Petko Plachkov and AviPatchava) and InMobi Data Scientist (Avi Patchava, Varun Modi, Avinash Ramakath, Jayashree Merwade)

What is the role about?

• Global liaison and program manager for firm related audits and risk programs

• Supporting to establish effective internal control processes for all quantitative models and systems

Ensure model remediations for improved local controls, governance, documentation, preparing models for independent validation, following up with corrective action plans through model owners

• Development of Key Risk Indicators (KRIʼs)

• Preparing executive level reporting for senior management, ERM, and the board

• Assist in the development of new corporate policies and corporate standards

Consult with business unit, senior management, and the board to ensure an integrated methodology application and integration and to share vision, align objectives and achieve goals

• Build collaborative relationships across the firm

• Contribute to the development of new, or enhancement to existing risk management policies and tools

• Lead deep-dive risk based reviews

• Establish an inventory of risk and controls for the 3rd party service providers

• Lead efforts to identify trends and manage key risks in the mortgage business

• Working with client services and relevant operational process owners to maintain a robust incident management process

• RARʼs – engage with business unit managers to analyze and challenge monthly Risk Assessment Reporting

• Project manage the global implementation of revised policies and regulations

What are we looking for :

• Requires 8 - 12 years of combined risk management experience that includes 5 or more years of experience working in IT/ecommerce risk management

• Solid understanding of capital market products

Experience working in relevant areas such as internal control/ risk management areas, Audit, Compliance, Actuarial,Technology, Product, Service Delivery, and/or Finance

• Professional certifications (e.g., CPA, CFA, ) are also a plus

• A tertiary degree in Finance or a related area

• Applicants should have a strong third level qualification (degree or similar) in business / finance or related subject