Senior Credit Risk Analyst

2 weeks ago


San Francisco, California, United States Social Finance Ltd Full time
Employee Applicant Privacy Notice

About Us:
Join us in shaping a more promising financial future. At Social Finance Ltd, we are transforming the way individuals engage with personal finance through innovative, mobile-first technology designed to assist our members in achieving their financial objectives.

As a pioneering financial services organization and national bank, we are at the forefront of an industry undergoing significant change. We take pride in our daily contributions that positively impact lives, guided by our core values.

We invite you to invest in your personal growth, career, and the financial landscape.


The Position:


The Credit team at Social Finance Ltd is responsible for managing credit risk associated with our lending products, which include Personal Loans, Student Loan Refinancing, Private Student Loans, and Credit Cards. This involves developing credit strategies and policies for new account origination, portfolio management, and collections/recovery operations, as well as utilizing data science and analytics.

Our team formulates data-driven strategies to ensure that lending growth aligns with the company's risk appetite while prioritizing our members' interests.


The Senior Credit Strategy Analyst will be integral to the Credit team, tasked with analyzing and evaluating data to create and recommend effective credit risk strategies and models for our lending products, particularly focusing on Personal Loans initially, with potential future involvement in other products.

The role includes independently developing and executing underwriting strategies that align with our risk appetite, monitoring risk trends within the portfolio, and providing insights and recommendations for strategy improvements.

As part of the Credit team, you will collaborate with various cross-functional teams, including Business Units, Operations, Marketing, Finance, Capital Markets, Product, Engineering, Legal, and Compliance.

Utilize your business acumen along with quantitative and analytical skills to enhance revenue, manage risk, and deliver value to both the company and its consumers.


Key Responsibilities:
1. Innovate: Contribute your best ideas to develop risk strategies, including credit underwriting and risk tier assignments.
2. Data-Driven: Conduct in-depth analyses to shape the future of lending through an optimal real-time data ecosystem, incorporating diverse data sources.
3. Collaborate: Work closely with business partners across various departments to achieve successful outcomes and ensure accurate strategy implementation.
4. Manage Risk and Drive Performance: Understand credit risk, develop mitigation strategies, monitor performance, and identify opportunities for improvement.
5. Grow: Be inspired by dynamic leadership and our expanding business, contributing to the development of future leaders in the field.

Qualifications:
- Minimum of 3 years of relevant experience
- Strong business acumen and experience in consumer lending (loans or credit cards)
- Direct involvement in the credit strategy analytical lifecycle, including strategy development and post-implementation monitoring
- Proven analytical capabilities in utilizing customer performance data and third-party variables to address business challenges
- Proficiency in Excel, SQL, and Python
- Ability to synthesize and communicate analytical findings to stakeholders
- High motivation to achieve results and collaborate effectively in a dynamic environment
- Familiarity with analytical and modeling techniques such as decision trees and regression analysis.

Preferred Qualifications:
- 3+ years of experience in personal loan credit risk
- Experience in crafting credit strategies using innovative data sources
- Advanced degree (Master's or PhD) in a quantitative field such as Statistics, Mathematics, Engineering, or Computer Science.

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