Quantitative Risk Analytics Lead, Earnest
$191-216k
+ stock options
More information about location
Student loan provider
Open for applications
Student loan provider
201-500 employees
Open for applications
$191-216k
+ stock options
More information about location
201-500 employees
Company mission
To make higher education accessible and affordable for everyone.
Role
Who you are
- 2-3 year’s experience working with Financial Systems and/or Financial Data
- 4-6 years of experience in designing and building risk reporting using Snowflake (or other data warehouses) and Looker (or other visualization tools)
- SQL Expert
- Willingness to travel to the Oakland office monthly to collaborate with other Earnies
Desirable
- Experience in Fintech
- Python Expert
What the job involves
- Play a pivotal role in managing and optimizing our loss modeling and underwriting, ensuring frictionless risk optimization to support our strategic goals
- Define roadmap and strategy around risk modeling foundation, structure, and backbone of the modeling systems
- Lead the quant risk team and collaborate closely with analytics, data science and cross-functional teams to unlock the full potential of our risk data
- Set the technical direction for the team by proposing risk technologies, tools, and languages that can be used to solve business problems
- Implement and enforce data quality standards, data validation, and data governance processes to ensure data accuracy and reliability
- Support development of data transformations on SQL/DBT, advanced analytics and reporting solutions on Looker to provide actionable insights to various stakeholders
- The Lead Quant Risk Analyst will report to the Head of Risk
Our take
Earnest offers student loan refinancing and personal loan products. It looks at thousands of data points such as education, saving patterns, investments, and career trajectory to issue a unique credit score, which can prove a lifeline for students who may otherwise struggle to qualify for loan refinancing.
For the portion of student debtors with low credit scores, Earnest is one of a few scant options. Borrowers can choose their own loan terms to fund up to the full cost of their education, and there are no origination, application, or late fees.
Earnest has grown from distributing $8M loans in its first year of business to an impressive total $18.5 billion in student loans refinanced, and has served upwards of 200,000 people. With student loans representing such a huge sector of lending, there should be plenty of room for Earnest to continue expanding in the future.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
4% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Mar 2017
$20m
SERIES C
Nov 2015
$75m
SERIES B
Total funding: $127m
Company benefits
- Remote-first flexibility
- Monthly & annual remote work stipends
- Professional development & tuition reimbursement
- $1000 annual travel perk
- Robust 401K package
- No meeting Thursdays
- Annual company-wide offsites
Company values
- Earn Happy Customers - Our customers’ journey is ours to share. Our success comes from anticipating their needs and providing the solutions they’re looking for. This combination of empathy and action helps them become our best endorsers and biggest fans.
- Better is Better - The path to great means getting better every day. We push ourselves, and each other, to remain curious and think differently. We know the value of compounding and how continuous 1% improvement leads to massive changes. We are always willing to challenge the status quo in order to achieve our goals.
- PhD in Moving Fast - Our customers are tired of long wait times and large student loan bills so we constantly seek out ways to deliver faster. We refuse to waste time on things that don’t move the needle and we surprise teammates and customers with our speed.
- Passion for Challenges - Perseverance and optimism are just the start to take on the inertia of a national trillion-dollar problem. We enjoy tough challenges knowing that if we persist through them we will make a difference.
- Impact is a Team Sport - We maximize our impact when we act as one team. We each play our part and put team success above personal achievement. Earnies are willing to do what it takes to make the team better even though it may be uncomfortable for ourselves.
Company HQ
The East Cut, San Francisco, CA
Articles
Leadership
Louis Beryl
(CEO)Co-founded SolidEnergy Systems. Was a Part-time Partner at Y Combinator. Is a Board Member of Car Dash and Roofr, and is a Mentor at First Round Fast Track.
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