Senior Portfolio Risk Analyst

2 weeks ago


Los Angeles, California, United States Sunbit Full time

JOB TITLE: Sr. Portfolio Risk Analyst

LOCATION: Remote

REPORTS TO: Head of Business Data Analytics

The Company:

Sunbit builds financial technology for real life. Our technology eases the stress of paying for life's expenses by giving people more options on how and when they pay. Founded in 2016, Sunbit offers a next-generation, no-fee credit card that can be managed through a powerful mobile app, as well as a point-of-sale payment option available at more than 21,000 service locations, including 1 in 3 auto dealerships, optical practices, dentist offices, veterinary clinics, and specialty healthcare services. By introducing a flexible way to pay over time, we are proud of our ability to lift up service providers and retailers while helping consumers when necessary expenses arise... regardless of whether they were expected or unexpected. Sunbit was included on the 2022 and 2023 Inc. 5000 list. The financial technology company has also been named as a Most Loved Workplace, Best Point of Sale Company, and as a Top Fintech Startup by CB Insights. We use cutting-edge innovations in financial technology to bring leading data and features that allow individuals to be qualified instantly, making purchases at the point-of-sale fast, fair and easy for consumers from all walks of life. We create value focused on our core values; we work tirelessly to ensure that Sunbit becomes available to everyone, everywhere.

Sunbit is proud to be recognized on the CB Insights List of Unicorn Companies, with a valuation of $1.1B )

The Role:

This role would be part of the Business Data Analytics team at Sunbit. In this position, you will work closely with the BU leaders, Risk and Finance to help measure and monitor the overall company's financial drivers. You would own the monitoring for key risk and usage covenants established by our lending partners. Your goal is to keep the company's executive team informed about any potential risks to the overall growth and risk strategy for all products.

Requirements

What You'll Own:

  • Own Investor (lender) covenants' monitoring that span across credit risk, payments, usage etc.
  • Build dashboards for executive consumption that measure actuals against the forecast
  • Build forecasting and projections framework for portfolio metrics
  • Prepare & present material for monthly credit meeting with executives
  • Perform ad-hoc RCA and remediation analysis through partnership with the relevant risk leaders (card & loan)
  • Support simulation of lender/portfolio covenants for major risk strategy changes
  • Institutionalize portfolio (card & loan) forecast and establish monitoring for the corporate model
  • Collaborate with the chief capital office, Finance and other business leaders to develop analysis and material for lender negotiations.
  • Build portfolio loss forecasting and support loss provisioning projections for Finance and Accounting

We are looking for someone who:

  • Proficient in SQL and is excited about acquiring new technical skills
  • Strong verbal, written communication, and presentation skills
  • Knowledge in Tableau, Python, R or SAS
  • Proficient in forecasting models like time series forecasting
  • Experience in Credit Card, Loans or other financial services
  • Passionate about solving real-world problems with data
  • Has an eye to look at the big picture and can think long-term
  • Has a growth mindset and takes pro-active ownership
  • Lives the 80/20 principle and gets things done
  • 6+ years of relevant analytical experience with a bachelor's degree or
  • 4+ year of relevant analytical experience with a master's degree in quantitative fields like (Analytics, Mathematics, Statistics, Economics, Engineering etc.)

The Perks:

  • Join one of LA's fastest growing startups (2023), A Most Loved Workplace, #576 on the 2023 Inc 5000 list, and Forbes Fintech
  • Mission driven + empowered + collaborative
  • Competitive pay and stock options
  • Unlimited PTO
  • Health Insurance options including Medical, Dental, Vision, Life, EAP, FSA, & Maternity Leave
  • Newly added HSA and Pet Insurance
  • 401K Plan with Matching
  • Cell Phone Stipend
  • Casual Dress
  • Open door policy / Open office floor plan
  • Team based strategic planning + Team owned deliverables

Core Values for Success at Sunbit:

  • Serve others before self - Focus on analytics that drive collective progress and support company-wide goals
  • Own the impact - Take full responsibility for accuracy and implications of your data insights
  • Connect genuinely - Build and maintain strong relationships with internal stakeholders
  • Act fast - Demonstrate agility and responsiveness in a fast paced environment
  • Include always - Ensure inclusivity in your analytical approach by considering diverse perspectives and impacts
  • Innovate for good - Continually seek opportunities to improve and innovate in the realm of data analytics at Sunbit

Sunbit is an Equal Opportunity Employer. We strive to provide a professional & welcoming workplace for all employees.



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