Head of Risk

Palo Alto, CA

Gen Z is the generation of the side hustle. 💪🏻 They’re creators. 👩‍🎤 They’re freelancers. 🧑‍💻 They’re investors. 👩‍💼 And they’re not afraid to take on challenges, especially when it comes to their finances - and we’re here for it.

Step is a next-generation financial services company building a better banking experience to help teens and young adults achieve financial independence and knowledge at an earlier age. We’re on a mission to improve the financial future of the next generation by empowering teens to start their financial journey today. Step is a well-funded Series C company that has raised more than $175M, focused on disrupting the banking industry through a differentiated mobile-first consumer experience.

Teens and families love our product. We eclipsed 1 million customers in just four months after launch and have now crossed 3 million customers in our first year on the market. If you’re looking to join a fast-growing company with a strong mission and vision that puts people first, we want to meet you!


As Head of Risk at Step, you will oversee the Risk organization being responsible for risk-related decisioning, UX, and minimizing fraud losses across the entire company.  The ideal candidate has experience leading high-performing risk teams at scale covering transactional risk, ATO, first party fraud, short term credit risk and is no stranger to making difficult decisions delivering both great customer experiences, while also mitigating fraud. Through your leadership, you will lead a world-class risk team to deliver on Step’s mission to improve the financial future of the next generation.



  • Lead Step's Risk department to successfully mitigate fraud while maintaining a great user experience. 
  • Successfully partner with data science, product, engineering, compliance and ops teams to drive cross functional alignment
  • Own fraud loss outcomes and collaborate with finance to balance revenue loss, fraud loss and risk overhead costs
  • Manage and scale the risk organization to support Step's growth focusing on automation and technical solutions
  • Own results and feedback loop for risk prediction models to drive down false positives
  • Customer first mentality when approaching risk decisions


  • 10+ years of risk leadership experience or equivalent, data science or risk analytics experience a plus,
  • Critical thinking/analytical leadership experience
  • Experience in Fintech or related consumer technology dealing with high risk environments
  • Experience in combating transactional fraud and owning responsibility for financial losses
  • Experience with combating first party and friendly fraud attack vectors
  • Experience working with consumer product teams to improve good customer experiences while managing risk
  • Deep care for the customer, proactive, outcome-oriented
  • Highly effective at working cross functionally and collaboratively between internal teams
  • Experience building and managing risk teams including risk operations, analysts, disputes, and investigations

Working at Step

  • Competitive salary based on experience, with full medical and dental benefits 💸
  • High potential for growth 📈
  • Stock in an early-stage startup 🤩
  • Flexible WFH and vacation policy 🏝
  • Employee referral program 👯‍♀️👯
  • Monthly stipend for Step Card testing ☕️
  • 401K plan 💪🏻

Help us build the next generation of banking

Step is building the best banking experience to help people achieve financial independence and knowledge at an earlier age. We’re always looking for good people to join the Step Team.

Help us build: Step Employees

The team

Step was founded by financial industry veterans CJ MacDonald and Alexey Kalinichenko to provide teens and their families with financial tools for today’s modern-day banking needs and to promote financial literacy for the future. The founding team has 50+ years in combined financial technology experience across companies like Gyft, First Data, Square and Google.

About the team