Pagaya
Fintech & PaymentsDirect Greenhouse career site

Senior Lead, Market Risk

Pay
$130,000 – $160,000 per year
Location
New York, NY · On-site
Job type
Full-time
Level
Lead / Staff
Experience
8+ years
Education
Bachelor's degree
Listed
23 days ago

Skills & highlights for this role

  • credit risk management
  • asset-backed securities
  • counterparty risk management
  • Microsoft Excel

Also useful

  • CFA
  • FRM
  • Intex
  • dv01

About the Role

We're looking to add a Senior Lead, Market Risk as an integral part of the Enterprise Risk Management team, providing oversight and analytical review of Pagaya's investment vehicles, counterparties, and overall market risks.

Responsibilities

  • Assess performance of Pagaya's financing vehicles (e.g., securitizations and forward flow arrangements), conducting attribution analyses, ongoing monitoring, and independent valuations
  • Conduct market analyses and peer benchmarking, understanding broader credit industry trends as well as those of our lending partners
  • Provide second line oversight of liquidity, funding, and risk retention decisions, as well as related performance triggers and covenants
  • Liaise across Portfolio Management, Research, and Finance teams to understand and mitigate relevant risks
  • Evaluate the financial viability, creditworthiness, and operational health of third parties (e.g., lending partners, servicers, and other counterparties)
  • Support coordination of inbound and outbound due diligence requests across lending partners
  • Maintain, develop, and prepare executive-level reporting on the above items through various ongoing forums and committees

Requirements

  • Undergraduate degree majoring in Finance, Accounting, Economics, Business, or Engineering with a minimum of 8 years of experience in a consumer finance/lending institution
  • Demonstrated experience in Credit Risk, Asset-Backed Securities, and Counterparty Risk management, with knowledge of relevant regulations and standards
  • Advanced knowledge of Microsoft Excel, Power Point, and related Google suite tools, with ability to work with various data sources and tools. High degree of comfort preparing executive-level materials is a must
  • Excellent written and verbal communication skills, with an ability to persuasively communicate complex issues and outstanding attention to detail
  • Ability to independently analyze problems and formulate recommendations/conclusions
  • Excellent organizational skills with the ability to multitask in a complex and dynamic environment
  • CFA, FRM, MBA and/or other advanced credentials are a plus
  • Familiarity with Intex and dv01 is a plus

Pay and benefits

The pay ranges for New York-based hires are commensurate with candidate experience.

Pay ranges for candidates working in locations other than New York may differ based on the cost of labor in that location.

Compensation Range for New York Based Hires $130,000—$160,000 USD

More than just a job

We believe health, happiness, and productivity go hand-in-hand. That's why we're continually looking to enhance the ways we support you with benefits programs and perks that allow every Pagayan to do the best work of their life.

About Pagaya

Shape the Future of Finance

Pagaya is building a leading artificial intelligence network to help our partners grow their businesses and better serve their customers.

Pagaya is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors.

Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com.

Our Team

Pagaya was founded in 2016 by seasoned research, finance, and technology entrepreneurs with our head quarters located in NYC and Tel Aviv.

We move fast and smart, identifying new opportunities and building end-to-end solutions from AI models and unique data sources. Every Pagaya team member is solving new and exciting challenges every day in a culture based on partnership, collaboration, and community.

Join a team of builders who are working every day to enable better outcomes for our partners and their customers.

Our Values

  • Continuously Learn- We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
  • Debate and Commit- We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
  • Dream Big and Act- We boldly tackle complex problems, pressure-test solutions in real-time, and adapt with speed and energy.
  • Advance Inclusion- We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
  • Be Accountable Together- We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.
Read the original posting

From Pagaya's careers page, first listed on Rolev.ai on October 17, 2026. Rolev.ai is not the employer.

How Rolev.ai helps with this application

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Common questions

What is the salary for the Senior Lead, Market Risk role at Pagaya?

The Senior Lead, Market Risk posting at Pagaya states compensation of $130,000 – $160,000 per year. It is listed as a full-time position. Final pay may depend on location, experience, and interview evaluation on Pagaya's official career site.

Where is the Senior Lead, Market Risk job at Pagaya located?

This Senior Lead, Market Risk position at Pagaya is located in New York, NY (On-site). Always check Pagaya's application page for specific state eligibility or relocation policies.

What qualifications are required for Senior Lead, Market Risk at Pagaya?

For the Senior Lead, Market Risk role, Pagaya highlights 8+ years of relevant experience; a bachelor's degree; experience with credit risk management, asset-backed securities, counterparty risk management, Microsoft Excel. Rolev.ai can score your existing resume against these requirements and show any skill gaps before you apply.

How do I apply for the Senior Lead, Market Risk position at Pagaya?

This listing links directly to Pagaya's Greenhouse application page. You can apply directly on Pagaya's site, or use Rolev.ai to check your resume fit, generate a zero-hallucination tailored resume and cover letter for this posting, and autofill the Greenhouse application form in 1 click with the Rolev.ai Chrome extension. You always review the form and press Submit yourself.