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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 assess credit quality, review financial statements, and handle intermediate underwriting escalations while tracking key metrics and recommending process improvements.
1+ year of underwriting or credit risk experience, strong analytical skills, proficiency with Excel/Google Sheets and BI tools, and the ability to work cross‑functionally with Sales, Engineering, and Product.
Effective underwriting keeps Brex’s business‑card customers financially healthy, supports risk‑managed growth, and directly impacts the company’s core finance platform.
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.
Operations at Brex
Operations is the backbone of Brex’s mission to power businesses through our Intelligent Finance Platform. We own credit, fraud, money movement, and payments, protecting our customers and our company. From product operations that ensure flawless launches to scalable systems that drive innovation and precision, we operate at the intersection of product, design, engineering, and customer success. If you want to work at the heart of the business, Operations is where you belong.
What you'll do
As an Underwriting Senior Analyst, your goal is to ensure our underwriting processes run smoothly and efficiently for our cards products. You'll exercise judgment within established underwriting frameworks to resolve moderately complex cases involving multiple contributing factors. This is a role that requires strong communication, time management, and teamwork. You will implement solutions to uplift processes and engage cross-functionally with our Sales, Customer Experience, Engineering and Product teams to contribute to meeting organizational goals.
Where you'll work
This role will be based in our Salt Lake City 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
Bonus Points
Compensation
The expected salary range for this role is $65,600 - $82,000 USD. 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.