Credit Risk Manager

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

📋 Description

• Take ownership of analyses that shape underwriting strategies, including the identification of approval and loss opportunities, assessing trade-offs, and suggesting policy modifications.

• Diagnose the factors influencing credit performance, such as delinquency rates, roll rates, and losses, and translate findings into actionable strategies.

• Enhance loss mitigation, collections, and recovery strategies by designing and interpreting champion/challenger tests.

• Evaluate the effects of the application and checkout experience on the originations funnel and collaborate with the Product team to enhance it.

• Contribute to the enhancement of underwriting models and develop new models from data preparation through validation and monitoring.

• Create repeatable, AI-assisted workflows to enhance team efficiency and the reliability of analyses.

• Present findings and recommendations to executives, bank partners, and capital partners.

• Operate as a hands-on individual contributor throughout the entire consumer lending lifecycle.

• Work in collaboration with the VP of Credit Risk and partners across Product, Engineering, Finance, and Marketing.

⛳️ Requirements

• A Bachelor’s degree in a quantitative discipline (e.g., Statistics, Economics, Mathematics, Engineering, Finance).

• More than 3 years of experience in consumer lending credit risk or analytics within a bank or fintech environment.

• Practical experience across the credit strategy lifecycle: analysis, strategy design, test design, implementation validation, and post-implementation monitoring.

• Proficiency in SQL and Python.

• Comfortable working with large datasets at the loan level and credit bureau data.

• A keen interest in utilizing AI tools and exercising judgment to validate their outputs.

• Capability to work independently and structure ambiguous challenges.

• Ability to communicate clearly and concisely with senior stakeholders.

• A team player with a strong sense of ownership and a drive to accomplish tasks.

• Nice to have: experience in point-of-sale, installment, or BNPL lending.

• Nice to have: experience in collections/recoveries strategy.

• Nice to have: experience in model development, including logistic regression or gradient boosting.

• Nice to have: experience collaborating with a partner bank.

🏝️ Benefits

• Equity.

• Unlimited PTO.

• Covered healthcare.

• Flex benefits.

• 401(k) matching.

• Cell plan reimbursement.

• Monthly recognition opportunities.

• Continuous learning resources.

• Equity retention program.

• Generous parental leave.

• Remote work support.

• Annual company Hub Day onsite.

• Pasadena office stocked with snacks and drinks for hybrid work.