Remote Director of Loss Forecasting

Summary

Join a dynamic team at Splash Financial as the Director of Loss Forecasting and drive strategic outcomes through data-driven insights.

Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or any quantitative related field
• An advanced degree (Mater’s, or Ph.D.) is preferred
• 5+ years of experience in credit risk, loss forecasting, or financial modeling, preferably in the consumer lending sector
• Strong knowledge of loan lending products, consumer credit behavior, and risk management strategies
• Proficiency in statistical software and tools such as Python, and SQL is a MUST
• Experience with financial modeling and predictive analytics techniques
• Strong analytical and problem-solving skills with attention to detail
• Effective communication and presentation skills, with the ability to tell a story and influence decision making

Responsibilities

• Develop, maintain, and enhance loss forecasting models using both on us and off us data, leveraging statistical techniques and machine learning with the goal of constantly improving accuracy and prediction power
• Collaborate with data science and strategy teams to ensure that forecasting models are aligned with portfolio performance and market conditions
• Perform scenario analysis to assess potential outcomes under various economic conditions and stress-testing scenarios
• Drive strategic initiatives by leading projects focused on risk mitigation, business growth, and portfolio optimization, directly influencing company strategy while monitoring metrics such as delinquency rates, roll rates, charge-offs and other loan performance trends
• Regularly review and update loss forecasts based on changes in borrower behavior, economic conditions, and internal policy changes
• Lead the development of comprehensive reports and dashboards for senior management, lenders and investors to communicate forecast outcomes and portfolio performance
• Provide expert guidance and insight, shaping discussions and strategic decisions at the highest levels of the organization
• Lead innovation in loss forecasting (e.g. introduce new tools and technologies, staying at the cutting edge of forecasting practices in the financial services industry)
• Effectively manage lender relationships and provide deep dive analysis with ad hoc requests
• Stay informed on regulatory developments that may affect credit risk practices and ensure compliance with relevant guidelines (e.g., CECL

Benefits

• Fully remote work freedom
• Competitive salary packages
• Flexible PTO + 9 company holidays
• Equity: Share in our start-up success
• Comprehensive and affordable insurance benefits
• Paid parental leave for both caregivers
• Essential equipment to get the job done
• 401(k) for your future savings
• Quarterly meet-ups: In person & virtual fun
• Awesome Splash swag to flaunt your team spirit