Credit Risk Analyst, Prosper Marketplace
$122-140k
+ Bonus
Online P2P lending marketplace
Be an early applicant
Online P2P lending marketplace
201-500 employees
Be an early applicant
$122-140k
+ Bonus
201-500 employees
Company mission
To advance financial wellbeing by providing affordable financial solutions to consumers across the credit spectrum.
Role
Who you are
- Bachelors degree in Business, Statistics, Mathematics, Computer Science, Engineering or Economics
- 2+ years of experience with a Bachelors (or less with Masters) managing credit risk and/or fraud and/or data science in consumer lending industry, consumer personal loan / credit card experience is a plus
- Strong analytical and problem-solving skills
- Must have strong proficiency in SQL and Python, Experience with DBT and Looker will be a plus
- Strong communication skills – ability to communicate technical subject matter clearly and succinctly to other team members and Senior Management team
- Knowledge and experience of segmentation, statistical procedures, and financial analytic tools are required
- Curious to ask questions, probe into reasons and challenge the status quo
- Strong ownership and motivation to drive business result
- Ability to work in fast-paced environment and meet deadlines without sacrificing quality
- We will also consider candidates who don’t have financial services experience but have strong technology background and analytical skills
- Self-starter; comfort dealing with ambiguity
- At Prosper, we're looking for people with passion, integrity, and a hunger to learn. We encourage you to apply even if your experience doesn't precisely match the job description
What the job involves
- As the first peer to peer lending marketplace in the states, Prosper has a history of innovation
- As a growth company that generates cash, Prosper also has a history of generating results
- We are looking for team members that share our passion for applied analysis and who would be excited to be part of a mission-driven team
- The successful candidate will join Prosper’s Credit Risk team
- The Credit Risk team uses analytics tools to develop strategies that govern automated decisions in Prosper’s online marketplace
- A Senior Credit Risk Analyst at Prosper has the opportunity to utilize advanced analytical skills to develop verification and fraud strategies using models and data in order to manage credit decisions
- An ideal candidate should have strong hands-on analytical skills and a passion for solving problems in innovative and effective ways
- The faster and more agile risk strategies keep our marketplace competitive and ensure that we continue to deliver on our mission of advancing financial well-being
- Develop credit and fraud strategies to improve the credit performance by using data, machine learning models and advanced analytics tools to optimize risk decisions
- Bring innovative/out of the box thinking to make recommendations and to approaching/solving problems
- Design A/B tests and understand the risk and customer experience trade-offs
- Continue to innovate by testing new data, analytics approaches and models
- Partner with Data Science, Product, Engineering and other partner teams to implement credit and fraud prevention strategies, test and validate pre and post performance
- Conduct ad-hoc analysis related to risk management, product, and operations
- Analyze portfolio performance at a granular segment level on an ongoing basis
- Identify trends and conduct root-cause analysis to isolate key performance drivers
- Communicate findings and recommendations to the Risk Management and broader Prosper community
Our take
Prosper is a peer-to-peer lending platform that connects investors with borrowers directly. When it launched in 2005, it was the first of its kind and paved the way for the now crowded peer-to-peer lending market, which includes competitors like Peerform, Upstart, Funding Circle and LendingClub.
The company provides an attractive option by cutting out the middleman and making applications faster, meaning that socially and financially rewarding investments can be made. Prosper is one of the largest and most recognized in this industry, having facilitated billions in loans to over two million borrowers.
In more recent years, Prosper has forged ties with banks to allow it to launch its home equity credit line, indicating a new direction for the company. It continues to develop its offering and remains a force in the market, with no reason to believe it won't continue to succeed.
Freddie
Company Specialist at Welcome to the Jungle
Insights
2% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Sep 2017
$50m
SERIES G
Jan 2013
$20m
LATE VC
Total funding: $153.8m
Company benefits
- Take-what-you-need (paid) vacation for salaried employees
- 20 days of PTO and 7 paid holidays/year for hourly employees
- Stock options
- 401K retirement savings plan with generous matching
- Comprehensive health, dental and vision insurance plans, with options specific to your own health coverage needs
- Prosper Fit - A monthly stipend to use for gym memberships, personal training sessions, yoga and exercise classes, or club sports/fitness fees
- Pre-tax commuter/parking assistance
- Snacks and beverage selections in our kitchen
- Monthly meet-and-greet happy hours
- Perkspot discount programs
- One Medical
- SF Location - Rooftop deck with ping-pong and foosball table
Company HQ
Financial District, San Francisco, CA
Leadership
David Kimball
(Chairman & CEO)Having studied for an MBA at Brigham Young University, David worked in Management at Ford Motor Company for over 10 years, prior to spending another decade at USAA. He left his role as CFO and COO to join Prosper Marketplace in March 2016 as CEO and Chairman.
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