Associate of Growth, Pagaya Investments
$110-125k
Artificial intelligence for consumer lending
Job no longer available
Artificial intelligence for consumer lending
501-1000 employees
Job no longer available
$110-125k
501-1000 employees
Company mission
To forge the future of finance by harnessing the power of artificial intelligence to modernise a limited and inefficient consumer lending system.
Role
Who you are
- An ideal candidate will have a foundational understanding of credit and/or consumer lending principles
- 2-4 years experience working in consulting, strategy, investment banking, or financial services
- Undergraduate degree - preferably majoring in Finance, Economics, or Business Administration
- Analytical, creative, and pragmatic thinker and problem-solver
- Self-starter who proactively identifies opportunities to streamline processes
- Meticulous attention to detail – output is consistently accurate, thorough, and completed within deadlines
- Excellent communication skills
- Ability to work closely and interact with senior management
- Accountability for their work and receptive to constructive feedback
- Advanced knowledge of MS Office and Google Suite
What the job involves
- Assume a pivotal role within a small team dedicated to driving Pagaya’s business development pipeline and executing on growth strategy
- The Associate will work closely with the Head of Enterprise Sales, Head of Growth Strategy and Operations, Head of Auto Partnerships, Head of Personal Loan and Payments Partnerships, and other colleagues across the company
- Prepare sales materials across personal loans, auto loans, and payments opportunities, including proposals and presentations
- Coordinate and document business development process, ensure that all business development activities are being followed and executed within a timely manner, provide support to the sales team on all aspects of the sales process
- Own and manage standard sales reporting routines and seek efficiencies and enhancements
- Contribute to developing / updating go-to-market strategy materials
- Support Growth Department and organization-wide priorities, including special projects
- Coordinate key sales and onboarding meetings as needed, including participation as a sales coordinator
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
-20% employee growth in 12 months
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.
Salary benchmarks
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