Credit Strategy Risk Manager

About Web Bank

Web Bank (the “Bank”) is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, Web Bank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS), and financial technology (Fin Tech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms.

Web Bank engages in a full range of banking activities, including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing, and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary, National Partners.

The Credit Strategy Risk Manager plays a key role in overseeing the credit risk framework for Web Bank’s Strategic Partner programs. Working closely with both internal stakeholders and Strategic Partner Credit teams, this position ensures that credit strategies, policies, and governance processes are sound, transparent, and aligned with expected portfolio performance and risk appetite. A central aspect of the role is the review and effective challenge of new and existing credit strategies—including their projected impact on volume, performance, and overall program health.

Success in this role comes from strong analytical problem-solving, cross-functional collaboration, and the ability to work through complex credit decisions. The Credit Strategy Risk Manager will champion credit strategy proposals through the Bank’s governance and Loan Committee processes, helping to articulate needs, resolve issues, and refine strategies as risk, business conditions, and regulatory expectations evolve. This position plays a key role in continually strengthening Web Bank’s credit policies, documentation, and governance practices.

This individual must be adept at managing multiple concurrent initiatives while fostering a culture of transparency, efficiency, and continuous improvement across Strategic Partner engagements.

• Take ownership of credit risk oversight for assigned Strategic Partners, ensuring all credit strategies are thoroughly reviewed, key risks are identified and mitigated, and appropriate escalation and alignment occur before presenting items for approval
• Champion Strategic Partner credit strategy changes through the Bank’s approval processes, proactively responding to stakeholder questions and effectively defending proposals to secure alignment and approval
• Coordinate and manage numerous concurrent credit strategy changes across varying stages of review, approval, and implementation, ensuring clear tracking, timely escalation, and consistent communication with both internal stakeholders and Strategic Partners
• Assist in the development of the initial credit strategy for new Web Bank products launched in partnership with Strategic Partners
• Identify opportunities to enhance credit strategies and associated documentation
• Assess the design and effectiveness of Strategic Partner controls to ensure full alignment with Credit Policy, escalating deficiencies and driving remediation to maintain strong governance
• Identify and embrace opportunities to innovate and streamline credit risk governance processes
• Drive monthly risk monitoring and reporting, including reporting to executive management

• Paid Time Off (PTO) - Generous paid time off plus paid parental leave
• Health insurance - Plans include an employer-paid medical option, dental and vision coverage, plus we offer health savings accounts
• 401(k) - Web Bank matches up to the first 6 percent of employee contributions, and both the employee’s contributions and Web Bank’s match are fully vested immediately
• Life and Disability Insurance - Life insurance and long and short-term disability insurance plans are 100% employer-paid
• Tuition Reimbursement - Web Bank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year