Bright Money - Senior Financial Operations Role

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 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?.

- Managing daily operations of the payment systems, such as checking figures in the reconciliation process for the flow of funds between Bright and users.

- Managing E2E Fraud operations process.

- To investigate fraud related accounts and identify multiple types of fraud, research credit bureaus to verify personal information and identity and restriction of suspicious accounts.

- Preparing reports to expedite tracking and reporting of investigations.

- Evaluates and addresses issues stemming from or affecting operations that cross other lines of business.

- Develops relationships with management of internal and external functions departments to enhance productivity.

- Seeks to influence others as needed to gain support for departmental initiatives.

- Promotes innovation in identifying problematic areas in the process and addressing recurring issues.

- Participates in the development of strategic operational plans and leads the implementation of plans.

- Modifies and creates new processes/procedures wherever necessary within the scope of Operations.

What You'll Bring?.

- Expertise of minimum 3 5 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 organised.

- 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.