Finance, Pagaya Investments

Summer 2023 Internship

Salary not provided

$25-30 per hour

New York

Artificial intelligence for consumer lending

Job no longer available

Artificial intelligence for consumer lending

501-1000 employees

FintechB2BArtificial IntelligenceLendingMachine Learning

Job no longer available

Salary not provided

$25-30 per hour

New York

501-1000 employees

FintechB2BArtificial IntelligenceLendingMachine Learning

Company mission

To forge the future of finance by harnessing the power of artificial intelligence to modernise a limited and inefficient consumer lending system.

Job

Company

Role

Who you are

Currently pursuing an undergraduate degree from an accredited university with graduation date of May 2024
Available to work a full time schedule Monday through Friday. Working from our office in Midtown Manhattan Monday through Thursday, and remotely on Friday
Ability to work effectively independently, as well as part of a highly collaborative team
Excellent communication skills both written and verbal
Process improvement mindset: iterate and improve administrative best practices
Ability to project manage multiple competing priorities and excellent time management
A blend of curiosity, analytical thinking, creativity, flexibility, adaptability and the relentlessness to drive projects to completion
Passion for improving and delivering best in class internal and external customer service
Work authorization to work for a United States employer

What the job involves

This internship will assist all facets of the Finance department (Strategic Finance, Investor Relations, Treasury, & Accounting) in performing financial analysis, forecasting, accounting, reporting, & helping out on strategic initiatives
As an intern you will gain valuable experience working in an international environment and learning from colleagues that come from diverse backgrounds

Our take

The traditional consumer lending system is widely regarded as inefficient and can limit a lender’s ability to evaluate credit applications. Pagaya Investments is disrupting this system: its platform uses comprehensive learning insights to offer better assessments and more accurate credit evaluations. This allows its customers to rapidly scale their services while reducing the risk of defaults or fraud.

Since its launch, the company has grown significantly, managing billions in assets for a diverse range of clients, including banks, insurance companies, pension funds, asset managers, and private health funds. Major enterprises like Visa, Avant, and SoFi utilise Pagaya's AI evaluation to extend credit to underserved customers, achieving levels of speed and accuracy that traditional methods cannot match.

Pagaya has continued to enter new markets each year, having begun with personal loans and then expanding into auto loans and real estate. This is demonstrative of the company's ability to scale across markets, and it is now focused on increasing the adoption of its technology by large banks and auto lenders.

Steph

Company Specialist at Welcome to the Jungle

Insights

Top investors

-20% employee growth in 12 months

Glassdoor (3.3)

Company

Funding (last 2 of 5 rounds)

Jun 2020

$102m

SERIES D

Apr 2019

$25m

SERIES C

Total funding: $144.3m

Company HQ

Murray Hill, New York, NY

Leadership

Gal Krubiner

(Co-Founder & CEO)

Gal worked for ORMOR CAPITAL before co-founding Super Price and spending over 3 years at UBS.

Yahav Yulzari

(Co-Founder & Deputy CEO)

Yahav has been Owner of Hamovil Jack Yulzari Limited and Galya Global since 2010 and 2014 respectively.

Avital Pardo

(Co-Founder & Deputy CEO)

They spent many years as an Analyst in Israel's Defense Force and as a Data Scientist & Analyst at Fundbox before co-founding Pagaya.

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