Senior Manager of Risk Analytics, Prosper Marketplace
$158-235k
Plus bonus
Online P2P lending marketplace
Open for applications
Online P2P lending marketplace
201-500 employees
Open for applications
$158-235k
Plus 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
- A successful candidate should have strong hands-on analytical skills and a passion for solving problems in innovative and effective ways
- Bachelor's degree in Business, Statistics, Mathematics, Computer Science, Engineering or Economics and 8+ years relevant experience OR a Master's degree in above areas with 6+ years relevant experience
- Experience in collections, marketing or credit risk management in the consumer lending industry is a plus
- Strong analytical and problem-solving skills
- Experience using machine learning and statistical models to develop strategies
- Must have strong proficiency in SQL. Knowledge of R, Python, Tableau, Looker and Knowledge Seeker 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
- Strong ownership and motivation to drive business results
- Curious to ask questions, probe into reasons and challenge the status quo
- Demonstrated ability to work in a fast-paced environment and meet deadlines without sacrificing quality
- Experience to mentor and lead a team, including management, development, recruiting and review
- Strong organizational and project management skills
What the job involves
- As the Sr. Manager of Collections Analytics, you will lead a team of business analysts to provide data and analytical support for the end-to-end collection activities
- The team leverages advanced analytics tools, cutting edge data and techniques to develop collection and recovery strategies for Prosper’s Personal Loan and Credit Card product to improve collections effectiveness, efficiency and experience
- Lead reporting and advanced analytics to support collection and recovery strategies and operations for both personal loan and credit card products
- Conduct analysis and deliver analytical insights to enable and optimize the end-to-end collection and recovery strategies and deliver strong credit performance
- Lead the development of loss forecasting models. Continuously evaluate and improve forecasting methodologies by incorporating industry best practices to drive accuracy and efficiency
- Collaborate with Credit Risk, Marketing, Product, Engineering and other cross-functional teams to implement strategies and monitor strategy performance
- 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 Collection and Recovery strategy and operations management and broader Prosper community
- Bring innovative/out of the box thinking to make recommendations and to approaching/solving problems
- Design A/B tests and understand the risk-return trade-offs
- Continue to innovate by testing new data, analytical approaches and models
- Conduct ad-hoc analysis related to risk management, investor services, product, and operations
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 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
The East Cut, 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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