Sr. Manager, Credit Risk Analytics

Prosper

Who this role is best for

Aimed at mid-level professionals with consumer lending expertise who can lead credit risk strategies using Machine Learning models in a cross-functional setting.

Best fit for

Experienced in consumer lending with hands-on strategy development skills.
— “bring broad and in-depth consumer lending expertise”
Leaders comfortable with end-to-end ownership of credit strategy performance.
— “own the end-to-end process to ensure the credit strategies are performing”
Professionals adept at using Machine Learning for credit risk management.
— “enhance the risk strategies through the use of Machine Learning models”

Things to consider

Requires collaboration with multiple departments including Product and Engineering.
— “work with cross-functional teams in Product, Engineering, Legal/Compliance and Marketing”
Must ensure compliance with regulatory and internal control requirements.
— “compliance with requirements of regulators and internal control”

How to stand out

Demonstrate past success in automating credit decision processes.
— “develop strategies for automated credit decisions”
Showcase examples of improving efficiency and reducing risk in credit portfolios.
— “recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction”
Highlight leadership in guiding teams to tackle challenges innovatively.
— “guide the team to tackle challenges in novel and effective ways”

Pace · SteadyCollaboration · HighAutonomy · MediumDecision Impact · CompanyLevel · Senior

Derived from job-description analysis by Serendipath's career intelligence engine.

What success looks like

credit strategy improvement
portfolio performance
risk reduction

Typical background

data sciencecredit riskfinancial modeling

Skills & requirements

Required

Credit Risk AnalysisMachine LearningData AnalysisCredit Modeling

Preferred

Regulatory ComplianceCredit Portfolio ManagementRisk Management

About the role

Original posting from Prosper via Lever

Your role in our mission
As the first peer to peer lending marketplace in the United States, Prosper has a history of innovation. As a growing company that generates cash (rare in the valley), Prosper also has a history of generating results.
The Senior Manager, Credit Risk Analytics is responsible for portfolio credit strategies and oversight of credit quality and performance of the Credit Card portfolios. They will be responsible for the life cycle of credit management including compliance with requirements of regulators and internal control and will recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction for the portfolio. They will review, analyze, and enhance the risk strategies through the use of Machine Learning models and credit data to manage the portfolio growth while delivering expected returns. They will work with cross-functional teams in Product, Engineering, Legal/Compliance and Marketing to deliver the credit strategies as per design.
The ideal candidate is expected to bring broad and in-depth consumer lending expertise to the team, be comfortable to be hands-on to guide team to develop strategies for automated credit decisions, own the end-to-end process to ensure the credit strategies are performing as expected to support business growth while managing credit losses effectively. They should be a passionate business and people leader who has the business acumen and domain expertise to guide the team to tackle challenges in novel and effective ways. Making better, faster and more agile risk strategies keeps our marketplace competitive and ensures that we continue to deliver on our mission of advancing financial well-being.

Source: Prosper careers (Lever)