We are 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 Avi Patchava) and InMobi Data Scientist (Avi Patchava, Varun Modi, Avinash Ramakath, Jayashree Merwade).

What You'll Do?

• Perform end-to-end daily, weekly, and monthly reconciliations of financial accounts and transactions.

• Identify, analyze, and resolve breaks, discrepancies, and unmatched items within defined SLAs.

• Investigate root causes of reconciliation issues and propose corrective and preventive actions.

• Validate financial data accuracy across multiple systems, including bank statements, payment platforms, and internal ledgers.

• Monitor and track inbound/outbound, Intra bank fund flows, ensuring completeness and accuracy of the fund movement from source to destination.

• Ensure timely clearance of open items and escalation of aging breaks as required.

• Validate data accuracy across multiple systems and sources.

• Maintain reconciliation documentation, supporting schedules, and audit trails.

• Identify process gaps, inefficiencies, and automation opportunities within reconciliation workflows.

• Assist in improving reconciliation workflows, templates, and control checks.

• Contribute to the development and maintenance of Standard Operating Procedures (SOPs) and process documentation.

• Implement measures to reduce recurring reconciliation issues and strengthen controls.

• Ensure compliance with internal controls, accounting policies, and regulatory requirements.

• Collaborate with operations, finance, technology, and upstream/downstream teams to resolve reconciliation issues effectively.

What You'll Bring?

• Expertise of minimum 2 - 4 years in the banking and financial services

• Experience in payment processing, reconciliation, payment technology systems, fraud operations.

• Other core competencies like Compliance and Risk Management Experience in Advances Excel.

• Detail oriented and highly organized Proficient in analytical and problem-solving skills.

• Strong verbal, listening and written communication skills.

• Ability to work in a fast paced, deadline driven production environment.

• Ability to solve payment issues efficiently that improve customer satisfaction and drive scalability