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Capital One completes acquisition of Brex
Capital One completed its cash-and-stock acquisition of Brex on April 7, 2026. The deal was initially valued at $5.15 billion, with CEO Pedro Franceschi continuing to lead Brex.
Brex COO Camilla Matias steps down
Chief Operating Officer Camilla Matias left Brex after nearly eight years. She joined as head of finance in 2018 and became COO in January 2024.
Brex ships Spring 2026 accounting and card-management release
Brex launched ERP vendor creation, foreign VAT recovery integrations, Microsoft Dynamics 365 connectivity, customizable card programs and new vendor-management tools.
Brex reports first month of positive operating cash flow
CEO Pedro Franceschi said Brex grew 49% in August 2025 and was operating-cash-flow positive for the first time in the company's history.
AI Generated Insights
You’ll lead the team that handles ongoing underwriting, portfolio management, and credit risk for Brex’s existing commercial customers, partnering with sales, product, and other functions to make credit decisions and drive portfolio performance.
10+ years in commercial credit risk, underwriting or portfolio management, deep expertise in financial statement analysis, and proven experience building and leading high‑performing credit teams in a fast‑paced fintech or financial services environment.
The role balances responsible risk management with customer growth, ensuring a healthy credit portfolio while enabling Brex’s expansion into new segments and supporting CFOs of client companies.
A seasoned credit leader who thrives on cross‑functional collaboration, enjoys coaching teams, and is comfortable influencing senior stakeholders and driving AI‑enabled automation in underwriting.
Why join us
Brex is the intelligent finance platform that enables companies to spend smarter and move faster in more than 200 markets. By combining global corporate cards and banking with intuitive spend management, bill pay, and travel software, Brex enables founders and finance teams to accelerate operations, gain real-time visibility, and control spend effortlessly. Brex’s AI-native automation and world-class service eliminate manual expense and accounting tasks for customers so they can focus on what matters most. Tens of thousands of the world's best companies run on Brex, including DoorDash, Coinbase, Robinhood, Zoom, Plaid, Reddit, and SeatGeek.
Working at Brex allows you to push your limits, challenge the status quo, and collaborate with some of the brightest minds in the industry. We’re committed to building a diverse team and inclusive culture and believe your potential should only be limited by how big you can dream. We make this a reality by empowering you with the tools, resources, and support you need to grow your career.
Credit Risk at Brex
Credit Risk plays a critical role in enabling Brex's growth by balancing responsible risk management with exceptional customer experiences. As our customer base continues to grow across startups, commercial businesses, middle-market companies, and enterprises, we're investing in leaders who can help scale our portfolio, strengthen our commercial credit capabilities, and modernize how we make decisions.
This is an opportunity to lead one of Brex's largest and most strategic credit organizations during an exciting stage of growth. You'll help shape the future of commercial credit by combining deep financial expertise, operational excellence, and technology-enabled innovation to build a world-class portfolio management function.
What you'll do
As the Director of Credit Risk, reporting to the Chief Credit Officer, you'll lead the organization responsible for the ongoing underwriting and portfolio management of Brex's existing customers. You'll oversee a multi-layered team of managers and credit professionals responsible for managing portfolio performance, credit decisions, and customer risk across a rapidly growing commercial customer base.
In this role, you'll partner closely with Sales, Customer Success, Product, Operations, Analytics, Legal and Credit Policy to deliver thoughtful credit decisions that enable customer growth while maintaining a healthy portfolio. You'll also lead the transformation of Brex's credit organization by building AI-native underwriting and portfolio management capabilities that automate routine work, elevate human judgment, and enable the business to scale without proportionally increasing operational complexity.
Where you’ll work
This role will be based in our San Francisco, New York, Salt Lake City, or Seattle office. We are a hybrid environment that combines the energy and connections of being in the office with the benefits and flexibility of working from home. We currently require a minimum of three coordinated days in the office per week, Monday, Wednesday and Thursday. As a perk, we also have up to four weeks per year of fully remote work!
Responsibilities
Requirements
Compensation
The expected salary range for this role is $231,660 - $289,575. However, the starting base pay will depend on a number of factors, including the candidate’s location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.
Brex LLC is a wholly owned subsidiary of Capital One, N.A.
Please be aware, job-seekers may be at risk of targeting by malicious actors looking for personal data. Brex recruiters will only reach out via LinkedIn or email with a brex.com domain. Any outreach claiming to be from Brex via other sources should be ignored.
