Note: The job is a remote job and is open to candidates in USA. Prosper Marketplace is the first peer-to-peer lending marketplace in the United States, dedicated to advancing financial well-being. The Senior Manager, Credit Risk Analytics will oversee credit strategies and performance for Credit Card portfolios, utilizing data and machine learning to enhance risk management and support business growth.
Responsibilities
- Develop credit strategies to improve the credit performance by using data, ML/AI models and advanced analytics tools
- Turn findings/gaps into strategy enhancement to present recommendations to the Risk Management and broader Prosper community with the considerations of business impact and cost needed
- Ensure credit losses remain within the company’s defined risk appetite
- Bring innovative/out of the box thinking to make recommendations and approaching/solving problems
- Design and evaluate A/B tests, with a strong understanding of risk–return trade-offs
- Identify and evaluate new vendors / data sources and create business cases
- Partner with Product, Marketing and Engineering teams to implement strategies and monitor the strategy performance
- 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 key performance drivers and emerging trends
- Work with legal and compliance team to ensure strategies and policies comply with all the regulatory requirements
- Have experience with credit loss forecast and stress testing exercise
Skills
- Master's degree in Business, Statistics, Mathematics, Engineering or Economics
- 8+ years of experience managing acquisition/portfolio credit risk for Credit Card and Personal Loan business; Strong business acumen and extensive knowledge about credit management
- 3+ years of people leadership experience
- Outstanding thought leadership and skills to translate business problem into analytical problems; ability to build and enhance framework
- Exceptional communication skills in both written and oral – ability to communicate technical subject matter clearly and succinctly to other team members and Senior Management team
- A quick thinker and can handle questions on unfamiliar topics with convincing skills
- A team player – collaborate with people across functions and a business owner mentality
- Ability to work in fast-paced environment and meet deadlines without sacrificing quality
- Ability to work productively in a remote/in-person hybrid working environment
Benefits
- A 401(k) with a 5% company match to help you build long-term financial security.
- Flexible time off and paid parental leave
- An annual wellness allowance
- Comprehensive health coverage
- Udemy access
- Childcare assistance
- Pet insurance
- A bevy of additional savings through Beneplace
Company Overview
Company H1B Sponsorship