Senior Manager, Credit Risk Analytics

Summary

Join Prosper as a Senior Manager, Credit Risk Analytics and lead the underwriting of credit strategies, overseeing the credit quality and performance of the Credit Card product. Leverage advanced statistical techniques and machine learning to develop solutions that predict and prevent credit risk. The ideal candidate will possess strong analytical skills and innovative problem-solving abilities. You will develop credit strategies, design A/B tests, manage card underwriting, and collaborate with cross-functional teams. Responsibilities include conducting analyses, communicating findings, and ensuring compliance with regulatory requirements. This role offers a competitive salary, comprehensive benefits, and the opportunity to work remotely.

Requirements

• Masters’s degree in Business, Statistics, Mathematics, Computer Science, Engineering or Economics and 8+ years relevant experience managing credit/ fraud risk
• 4+ years of people leadership experience
• Experience managing credit risk and/or fraud and/or data science in consumer lending industry, consumer credit card experience is a plus
• Experience using machine learning and statistical models to develop strategies
• Must have strong proficiency in SQL
• Ability to communicate technical subject matter clearly to other team members and Senior Management team
• Curious to ask questions, probe into reasons and challenge the status quo
• Strong ownership and motivation to drive business results
• Demonstrated ability to work in a fast-paced environment and meet deadlines without sacrificing quality

Responsibilities

• Develop credit strategies to improve the credit performance by leveraging data, machine learning models and advanced analytics tools to optimize risk decisions
• Bring innovative/out of the box thinking to make recommendations and to approaching/solving problems
• Design A/B tests and understand the risk-return trade-offs
• Lead the efforts to manage card underwriting sustainably by reducing loss and grow healthy balance
• Partner with Marketing, Engineering, Business operation teams and external vendors to implement strategies and monitor the strategy performance
• Continue to innovate by testing new data, analytics approaches and models
• Conduct ad-hoc analysis related to risk management, investor services, product, and operations
• Analyze portfolio performance at a granular segment level on an ongoing basis. Identify trends and conduct root-cause analysis to isolate key performance driver
• Communicate findings and recommendations to the Risk Management and broader Prosper community
• Work with legal and compliance team to ensure strategies and policies comply with all the regulatory requirements

Preferred Qualifications

Knowledge of R, Python, Tableau, and Knowledge Seeker

Benefits

• Flexible time off, comprehensive health coverage, competitive salary, paid parental leave, and other wellness benefits
• A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts through Perkspot
• The ability to work remotely in the United States