Sr. Manager, Credit Risk Analytics

3 weeks, 5 days ago
Full-time
Lead
Data Science and Analytics
Prosper

Prosper

Prosper is an online marketplace lending platform that connects borrowers with lenders, offering personal loans, credit cards, and home equity options. With a focus on financial education, Prosper helps individuals manage their finances and achieve pea...

Banks
251-1K
Founded 2005
$490M raised

Description

  • Develop credit strategies to improve portfolio performance using data, machine learning models, and advanced analytics.
  • Own oversight of credit quality, portfolio performance, and the full lifecycle of credit management.
  • Ensure credit losses remain within the company’s defined risk appetite.
  • Design and evaluate A/B tests with attention to risk-return trade-offs.
  • Identify and evaluate new vendors and data sources, and develop business cases.
  • Partner with Product, Marketing, Engineering, Legal/Compliance, and other teams to implement and monitor strategies.
  • Conduct ad hoc analyses related to risk management, investor services, product, and operations.
  • Analyze portfolio performance at a granular segment level to identify drivers and emerging trends.
  • Work with Legal and Compliance to ensure strategies and policies meet regulatory requirements.
  • Recommend process improvements, efficiency gains, and risk-reduction opportunities for the portfolio.

Requirements

  • Master’s degree in Business, Statistics, Mathematics, Engineering, or Economics.
  • 8+ years of experience managing acquisition or portfolio credit risk for Credit Card and Personal Loan businesses.
  • 3+ years of people leadership experience.
  • Strong business acumen and extensive knowledge of credit management.
  • Outstanding thought leadership and ability to translate business problems into analytical problems.
  • Exceptional written and verbal communication skills, including the ability to present to senior management.
  • Ability to work in a fast-paced environment and meet deadlines without sacrificing quality.
  • Ability to work productively in a remote/in-person hybrid environment.
  • Experience with credit loss forecasting and stress testing exercises.
  • Preferred: experience guiding teams to develop automated credit decision strategies and using ML/AI models in credit risk.

Benefits

  • Hybrid work model with 2 days per week in the San Francisco office.
  • Ability to work remotely in the United States.
  • Competitive salary with a 401(k) plan and 5% company match.
  • Flexible time off and paid parental leave.
  • Annual wellness allowance and comprehensive health coverage.
  • Udemy access for professional development.
  • Childcare assistance and pet insurance.
  • Additional savings through Beneplace.

Interested in this position?

Apply directly on the company website

Apply Now

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