What You’ll Do:Flywire is seeking a strategic and hands-on Head of Credit Risk to build and lead our global credit risk function. This leader will be responsible for developing and executing the company’s credit risk management strategy across a broad spectrum of counterparties—including clients, banking partners, and other critical vendors. The ideal candidate brings strong risk judgment, leadership experience, and a proven ability to influence cross-functional teams while scaling credit processes that protect the company from financial loss and reputational harm, protecting the company’s financial resilience while enabling responsible growth across markets and business lines.Key ResponsibilitiesClient Credit RiskOwn and refine the credit policy framework for onboarding and ongoing monitoring of clients, ensuring consistent and scalable risk practicesAssess creditworthiness of clients using financial analysis, payment trends, sector data, and behavioral insightsDesign and oversee automated and manual credit limits, payment terms, and exception processesPartner with Sales, Finance, and Legal to structure deals that appropriately balance risk and growthMonitor concentration risk and exposure by geography, segment, or industry verticalEstablish early warning indicators and proactively manage deteriorating credit situationsBanking Partner & Vendor Credit RiskLead the credit risk assessment process for current and prospective banking partners, payout processors, FX providers, and other critical vendorsCollaborate with Treasury and Compliance to evaluate financial health, operational performance, and counterparty default riskDevelop a tiered monitoring approach based on materiality and interdependency of vendor relationshipsSupport contingency planning by flagging systemic exposures and coordinating with BCP/DR teams as neededPolicy, Governance, and ReportingAct as key voice in Enterprise Risk Committee and senior management risk forumsDefine credit risk appetite and tolerance thresholds in coordination with executive leadershipIdentify KPI’s and build reporting infrastructure related to the above responsibilitiesDeliver regular reporting to executives and the Board on liquidity risk and portfolio credit risk KPIs, concentrations, emerging trends, mitigationsEnsure compliance with internal controls, external audit expectations, and applicable global/local financial regulationsLiquidity & Economic Risk ManagementEnsure Flywire’s balance sheet is fortified for micro and macro economic impacts; help define and manage interest rate and other financial risks on the balance sheet; recommend and execute strategies to manage such risksManage statement of cash flows and balance sheet forecasting infrastructureQuantify impact of business strategies, M&A, and shareholder return, and other corporate actions on long term liquidity, financing needs, and credit ratings implicationsAdvise management on optimal capital structure and capital allocation strategies and related financing optionsMaintain rating agency relationships through internal rating modeling and agency communicationsLeadership & SystemsBuild and lead a high-performing Credit Risk team, providing coaching, direction, and performance management; foster a culture of accountability, innovation and continuous improvementEvaluate and implement tools for credit scoring, monitoring, and risk data visualizationPartner with Product and Engineering teams to embed credit decisioning into platform workflowsFoster a risk-aware culture while enabling business innovation and velocityServe as a trusted advisor to Flywire’s leadership team on risk-related matters.
