Senior Risk Associate

Lithic
New York
Workplace: RemoteFull timeUSD 86,000 - 144,000 annuallyFunction: Legal, Risk & ComplianceSkills: ["Ownership","Self-starter","Clear writing","Mentoring","Collaboration"]

Own end-to-end client risk assessment, including documentation collection, interviews, weighted risk scoring, tiering, and pre-launch conditions. Run program underwriting and third-party risk operations, maintaining registers, calendars, and evidence. Support enterprise risk assessment materials for the Enterprise Risk Committee. Continuously improve rubrics and SOPs, and test/tune agentic tooling for assessment workflows, ensuring defensible outputs for partner banks and regulators.

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FursaFursa
Lithic
Lithic
5 days ago

Senior Risk Associate

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Source: Company careers pageValidated by: Fursa AI
Last checked: 8 hours agoStatus: Live

Job Summary

Own end-to-end client risk assessment, including documentation collection, interviews, weighted risk scoring, tiering, and pre-launch conditions. Run program underwriting and third-party risk operations, maintaining registers, calendars, and evidence. Support enterprise risk assessment materials for the Enterprise Risk Committee. Continuously improve rubrics and SOPs, and test/tune agentic tooling for assessment workflows, ensuring defensible outputs for partner banks and regulators.
Location: New York
Workplace: Remote
Employment Type: Full time
Job Function: Legal, Risk & Compliance
Seniority: Mid level

Key Responsibilities

  • •Execute client risk assessments end to end, including document collection, interviews, weighted scoring, written assessments, tier determination, and pre-launch conditions.
  • •Own program underwriting by applying underwriting criteria, recommending limits/reserves, and reassessing programs as product mix and financial condition change.
  • •Run third-party risk operations including vendor intake and tiering, due diligence review, control effectiveness ratings, vendor risk register maintenance, and issue/incident tracking.
  • •Support enterprise risk assessment and the risk register by maintaining inventory/calendar, collecting/testing evidence, applying enterprise rating methodology, and preparing committee materials.
  • •Continuously improve programs by refining rubrics/weights/questionnaires/templates and testing/deploying/tuning agentic tooling across assessment workflows. (Include KPI/KRI definition and evidence ownership for partner bank/audit/examiner requests.)

Pay and Benefits

Salary: USD 86,000 - 144,000 annually
Equity and Bonus:Equity
Perks:Paid LeaveParental LeaveSabbaticalRemote WorkHealth InsuranceVisionDental401kHsa Contribution

Key Requirements

  • •Hands-on experience conducting risk assessments in fintech, payments, or banking across client/counterparty, third party/vendor, and enterprise/operational risk.
  • •Working knowledge of underwriting fundamentals including financial statement review, liquidity/runway analysis, loss/exposure monitoring, and limit setting.
  • •Fluency with rubric-based scoring methodologies and the discipline to apply them consistently and defend ratings.
  • •Experience owning discrete risk programs end to end with limited guidance, including authoring SOPs and defining governing metrics.
  • •Comfort reading control reports (ISO 27001, SOC 2 Type II, PCI DSS AOC) and translating findings into residual risk and remediation asks.
Experience:FintechPaymentsBanking
Skills:OwnershipSelf-starterClear writingMentoringCollaboration
Certifications:ISO 27001SOC 2 Type IIPCI DSS AOC
Languages:En
Tech Stack:Agentic tooling

Company Brief

Lithic
Provides card issuing, payments, and risk infrastructure via APIs for platforms and businesses. Lithic enables programmatic virtual and physical card issuance, transaction processing, and fraud controls to embed payments into software products.
Industry: Fintech Infrastructure
Company Size: Medium (51 to 250 employees)
Growth: Scaleup
Valuation: Unicorn (USD 1B+)
Funding: Series C
Headquarters: San Francisco, United States
Founded: 2014
WebsiteLinkedIn