Analyst, Loan Salability – First-Line Model Governance

This is a fully remote position, open to applicants in United States.

📋 Description

• Conduct loan-level quality assessments for secured lending originations, evaluating the completeness of documentation, accuracy of underwriting, compliance with eligibility standards, quality of collateral, and other criteria for marketability.

• Extract, organize, and assess portfolio performance metrics, including early payment defaults, delinquency trends, prepayment rates, loss severity, exception patterns, and additional indicators of asset quality.

• Develop and maintain recurring reports on asset quality and salability risk for banking partners, Capital Markets, and internal leadership, which include data extraction, analysis, formatting, and quality assurance checks.

• Implement first-line tracking of model performance — overseeing production model tracking tools, documenting override and exception trends, monitoring version changes, and proactively identifying patterns that may signal performance decline or out-of-bounds behavior for escalation.

• Keep issue logs, defect trackers, remediation updates, and documentation libraries current, organized, and ready for review by banking partners or regulatory bodies.

• Oversee governance and exam readiness deliverables — independently compiling evidence packages, completing reporting templates, and coordinating materials for reviews by bank partners, committee submissions, and regulatory assessments.

⛳️ Requirements

• A minimum of 3 years of experience in financial services, credit operations, quality control, risk management, compliance, model monitoring, loan review, credit analysis, or a similar analytical role.

• Proficient in applying established review criteria to loan-level data, credit files, origination documentation, collateral documentation, or outputs from lending operations.

• Skilled in analyzing portfolio performance, indicators of asset quality, exceptions in credit policy, loan defects, items requiring remediation, or trends in operational risk.

• Experienced in utilizing Excel, Google Sheets, SQL, business intelligence tools, reporting tools, or similar systems for the organization, analysis, and quality control of structured data.

• Capable of documenting findings, exceptions, the status of issues, progress on remediation, or results of reviews for risk, compliance, credit, operations, audit, banking partners, or regulatory stakeholders.

🏝️ Benefits

• Competitive compensation package, including base salary, bonus opportunities, and annual equity grants that vest quarterly.

• Retirement benefits to assist in future planning, featuring a 401(k) or Group Retirement Savings Plan with a company match of $2 for every $1 contributed, up to $15,000 annually (USD in the US, CAD in Canada).

• Employee Stock Purchase Plan (ESPP) offering discounted stock purchase options for eligible employees (US only).

• Comprehensive health coverage tailored to support you and your family, encompassing medical, dental, vision, and wellness resources for the US, as well as supplemental health coverage for Canada.

• Contributions to Health Savings Accounts from Upstart for eligible plans (US only).

• Income protection benefits, including life insurance and disability coverage for enhanced financial security.

• Paid time off, sick leave, and company holidays, aligned with local regulations.

• Paid family and parental leave to assist with caregiving and significant life events (duration varies by country).

• Family-focused benefits to support fertility, parenthood, and caregiving requirements.

• Employee Assistance Program (EAP) providing mental health support and life-centered resources.

• Financial wellness resources, including access to financial planning tools and a financial concierge service (US Only).

• Annual wellness allowance to promote your physical and emotional well-being and personal growth, based on your priorities.

• Annual productivity allowance for investing in relevant tools and resources necessary for optimal work performance, regardless of your location.

• Opportunities for connection and community through team events, company-wide updates, and employee resource groups (ERGs).

• Onsite perks, including catered lunches and fully stocked micro-kitchens when working from one of our offices in the Bay Area, Austin, Columbus, and New York City (opening Summer 2026!).