Note: The job is a remote job and is open to candidates in USA. Prosper Marketplace is the first peer-to-peer lending platform in the United States, committed to advancing financial well-being. The Senior Director, Credit Risk Analytics is responsible for leading credit underwriting, pricing, and verification strategies, leveraging ML/AI models to drive profitable growth and manage credit risk.
Responsibilities
- Develop cutting-edge credit, pricing, and verification strategies to continually enhance credit and fraud performance using data, ML/AI models, and advanced analytics tools
- Translate complex findings into actionable enhancements
- Present data-driven recommendations to executive leadership and the Credit Risk Committee, always weighing business impact and resource allocation
- Serve as a trusted voice to our investors, translating complex data into clear, compelling narratives and insights that build confidence and transparency
- Partner seamlessly with the Capital Markets, Product, Marketing, Operations, Legal, Compliance, and Engineering teams
- Cultivate an open-minded environment where internal and external stakeholders can work together to implement and monitor high-performing strategies
- Ensure credit losses consistently remain within the company’s defined risk appetite
- Oversee credit loss forecasting and stress testing exercises
- Identify, evaluate, and build business cases for new vendors, alternative data sources, and emerging technologies
- Analyze portfolio performance at a granular segment level on an ongoing basis to identify key performance drivers, spot emerging trends, and implement strategy changes as needed
Skills
- Master's degree or higher in Business, Statistics, Mathematics, Engineering, Economics, or a related quantitative field
- 12+ years of experience managing credit risk within the Credit Card or Personal Loan sectors
- Deep knowledge of credit and fraud risk management, with a strong business acumen
- 7+ years of people leadership experience, with a proven ability to mentor, develop, and inspire high-performing, innovative teams
- Outstanding written and verbal communication skills
- Ability to articulate complex analyses and technical processes clearly, succinctly, and persuasively to internal stakeholders, external partners, investors, and executive leadership
- A strong team player and a relationship-builder
- Demonstrated ability to thrive in a fast-paced environment and meet deadlines without compromising quality
- The capability to build, refine, and elevate credit strategy frameworks through structured, yet highly innovative approaches
- Ability to work productively in a hybrid environment, balancing remote and in-person collaboration effectively
Benefits
- A competitive salary
- 401(k) with a 5% company match
- Flexible time off
- Paid parental leave
- An annual wellness allowance
- Comprehensive health coverage
- Udemy access
- Childcare assistance
- Pet insurance
- Additional savings through Beneplace
- Digital-first tools and intentional culture to keep you synced and supported
- Flexibility (whether you are working from our San Francisco or Phoenix offices or joining us as a fully remote team member)
Company Overview
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