An establised fintech is looking for a Sr. Risk Analyst t to help optimize pricing and credit strategies for their recent portfolio growth initiative. The fintech serves subprime and near prime customers and offers a full suite of consumer products including credit cards, personal loans, installment loans, student loans, etc. Additionally, they have originated more than $7B in loan originations since 2016.
This position will sit in the credit strategy team, which is accountable for developing and implementing credit strategies to increase account acquisitions as well as drive profitability through the existing customer base. In this role, you will work closely with credit risk, data science and marketing analytics.
Responsibilities:
- Scale portfolio size with new marketing channels and response models
- Increase revenue and profitability through pricing and loan amount optimization
- Work closely with data science groups to develop and implement credit risk strategies for acquisitions and customer management
- Assist in segmentation and targeting efforts
- Work on credit line increase & decrease programs, balance transfer, spend campaign, retention and reissue strategies
- Provide the necessary analytics to optimize these strategies to maximize profitability
- Reduce default portfolio risk with new credit models and fraud mitigation strategies
Qualifications:
- 2-4 years of experience in a highly technical function (recommending strategies, analysis, use of quantitative methods, etc.)
- B.S. required, M.S. preferred. Ideally in Statistics, Econometrics, Operations Research, Mathematics, or other
- SAS and SQL skill is required
- Experience handling large data sets
- Excellent communication and presentation skills
- Direct or indirect experience with decision engines, scorecard development, decision trees, and or Fraud tools
- The desire to make a significant impact at a rapidly growing company
