Credit Risk Manager

Summary

Join a team of 450+ people at Figure who have originated $11+ billion in loan volume. We’re very profitable and growing fast! Figure has raised $469 million from top investors like Ribbit Capital, DST, Apollo, and Morgan Creek.

Requirements

• 5+ years of experience in credit risk management, preferably in the consumer credit industry
• Bachelor/Master’s degree with a quantitative background (e.g. Statistics, Math, Engineering, Economics)
• Strong analytical and problem-solving skills, combined with solid business judgment
• Exceptional written and communication skills, and ability to concisely explain complex insights to a range of audiences
• Strong team player and comfortable interacting with partners across multiple teams and at varying levels of seniority
• Strong technical skills such as SQL, R/Python, Tableau, and the ability to independently access and analyze relational data sets
• Knowledge and experience with statistical analysis techniques and customer segmentation

Responsibilities

• Lead efforts to constantly innovate, iterate, and improve credit underwriting in lending products
• Use analytical techniques to develop insights from historical loan performance data, identify opportunities to underwrite new customer populations, and provide better credit solutions to our existing customer base
• Collaborate with Capital Markets and Business to estimate unit economics of customer and risk segments to support changes in credit box
• Work with the Marketing team to understand the impact of credit policies in the customer acquisition funnel and identify opportunities to enhance conversion
• Develop sizing for credit expansion opportunities to support prioritization decisions and ultimately the growth strategy for the company
• Present Figure’s underwriting approaches to existing and potential investors, and address their concerns on an ongoing basis
• Share insights into credit losses with the Fraud risk management team to allow for appropriate focus on customer defaults
• Design and deploy monitoring frameworks to assess the performance of new product launches and existing customer portfolios, and advise senior management of emerging trends and risks
• Partner with the Legal and Compliance team to ensure strategies and policies comply with all applicable regulatory requirements
• Conduct other ad hoc analyses as required to support the Credit team’s goals

Benefits

• Comprehensive health, vision, and dental insurance with 100% employer-paid premiums for employees and their dependents on select plans
• Company HSA, FSA, Dependent Care, 401k, and commuter benefits
• Employer-funded life and disability insurance coverage
• 11 Observed Holidays & Accrued PTO plan
• Up to 12 weeks paid family leave
• Continuing education reimbursement