# Senior Risk Associate at Lithic

- Company: Lithic
- What the company does: Enterprise issuer processing infrastructure to scale card programs with 99.99% uptime, direct network connections, and comprehensive fraud controls. Backed by Bessemer and Index.
- Company website: https://lithic.com/
- Type: Startups
- Level: Senior
- Location: Remote
- Work setup: Remote
- Pay: $86K to $144K base salary per year (USD)
- Posted: 2026-09-14
- Apply by: 2026-10-29
- Apply: https://job-boards.greenhouse.io/lithic/jobs/6191874004
- Page: https://www.1752.vc/careers/jobs/lithic-senior-risk-associate/

## About the role

We are hiring a Senior Risk Associate to run Lithic's risk assessment function: the client risk assessment program, the third party risk management program, and the enterprise risk assessment. You will execute the assessments, own the operations that keep them on schedule and defensible, and continuously improve the rubrics, questionnaires, registers, and SOPs that govern them.

## What they're looking for

- Execute client risk assessments end to end: document collection, interviews, scoring against the weighted risk typologies, written assessment, tier determination, and pre-launch conditions
- Own program underwriting: apply and maintain underwriting criteria, recommend spend, transfer, and reserve limits, and reassess programs as volume, product mix, and financial condition change
- Run third party risk operations: vendor intake and tiering, due diligence and certification report review, control effectiveness ratings, the vendor risk register, annual reviews, and vendor issue and incident tracking
- Continuously improve the programs: refine rubrics, weights, questionnaires, and templates based on observed outcomes, and author and maintain the SOPs that make each assessment repeatable by someone other than you
- Define and report the KPIs and KRIs for the assessment programs, and surface concentration, trend, and thematic findings to leadership and oversight forums
- Serve as the evidence owner for partner bank, audit, and examiner requests touching client, third party, and enterprise risk assessment

Tags: Risk & Compliance