Credit Risk Analyst

Job Title: Senior Risk Analyst

Job Description:

The Senior Risk Analyst is responsible for developing strategies to optimize consumer strategy, primarily marketing and risk strategies, with the intent to maximize unit economics, reduce defaults (losses), and increase the scale of the portfolio.

Key Responsibilities:

1. Establish, maintain, and revise underwriting strategies by conducting statistical and data mining analyses on portfolio history, credit & alternate data, and credit & fraud models developed by the decision sciences team. This includes techniques such as linear/logistic regression, CART, CHAID, and other decision tree methods. Develop portfolio review materials on a periodic basis that capture key trends against benchmarks and analyze respective variances. Communicate the key trends and overall portfolio health to senior management and credit committee members.Analyze and recommend optimal product parameters, such as loan amounts, interest rates, and term, based on target economics and performance metrics.Coordinate with internal business teams, including marketing, product, decision sciences, and technology, to implement relevant portfolio strategies, such as marketing and underwriting strategies, credit policy, and loss mitigation strategies.Participate in the development of long-term portfolio strategies with the credit, marketing, product, and loss mitigation teams.Present findings and make recommendations to the Credit Committee and portfolio management teams.

Required Qualifications:

Tier 1 - B.tech

Tier 1 - MBA

- Proficiency with SAS/R/Python, SQL, and Excel.

- Ability to conduct extensive data research and handle large datasets.

- Experience in Financial Services, Risk Management, Subprime Lending, Marketing Analytics, Pricing,

- Strong problem-solving and organization skills, with attention to detail and the ability to manage multiple projects.

- Excellent written and verbal communication skills.

- Team player who can work efficiently and effectively in a fast-paced environment.

Remote/Hybrid Work Schedule Eligibility:

- This position is eligible to work remotely and/or on a hybrid work schedule.