Job Description
The Senior Manager, Credit Risk Analytics is responsible for underwriting credit strategies and oversight of credit quality and performance of the Credit Card product. A successful Credit Risk Manager at Prosper can apply advanced statistical techniques, algorithms, and industry tools to develop solutions that predict and prevent credit risk associated with Prosper's Credit Card product. The ideal candidate should possess strong hands-on analytical skills and a passion for solving problems in innovative, effective ways. Develop credit strategies to improve the credit performance by leveraging data, machine learning models and advanced analytics tools to optimize risk decisions. Bring innovative/out of the box thinking to make recommendations and to approaching/solving problems. Design A/B tests and understand the risk-return trade-offs. Lead the efforts to manage card underwriting sustainably by reducing loss and grow healthy balance. Partner with Marketing, Engineering, Business operation teams and external vendors to implement strategies and monitor the strategy performance. Continue to innovate by testing new data, analytics approaches and models. Conduct ad-hoc analysis related to risk management, investor services, product, and operations. Analyze portfolio performance at a granular segment level on an ongoing basis. Identify trends and conduct root-cause analysis to isolate key performance driver. Communicate findings and recommendations to the Risk Management and broader Prosper community. Work with legal and compliance team to ensure strategies and policies comply with all the regulatory requirements.
About Prosper
Founded in 2005, Prosper is the first peer-to-peer marketplace lending platform in the U.S. that helps people gain access to affordable credit.