Credit Risk Analyst (Senior level open)

Credit Risk Analyst (Senior Level Open)

The successful candidate will join Prosper's Credit Risk Management Department. The team leverages advanced analytics tools, cutting edge data and techniques to develop credit strategies that govern automated credit decisions in Prosper's online marketplace. A Credit Risk Senior Analyst at Prosper can apply advanced statistical techniques, algorithms, and industry tools to develop solutions that predict and prevent credit risk associated with Prosper Personal Loans and Credit Cards products. 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.

We are open to hiring at a Sr. Credit Risk Analyst or Credit Risk Analyst level.

Sr. Analyst - Bachelor's degree and 5+ years of working experience or Master's degree with 3+ years of working experience.

Analyst - Bachelor's degree and 2+ years of working experience or Master's degree with less experience.

How You'll Make An Impact

• Develop credit 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-return trade-offs
• Develop loss forecasting projections for Credit Card and improve forecasting accuracy
• Partner with Product, Marketing and Engineering teams to implement strategies and monitor the strategy performance
• Continue to innovate by testing new data, analytics approaches and models
• Conduct ad-hoc analysis related to risk management, investor services, 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 driver
• Communicate findings and recommendations to the Risk Management and broader Prosper community
• Work with legal and compliance team to ensure strategies and policies comply with all the regulatory requirements

Skills That Will Help You Thrive

What We Offer

$101,000 - $158,000 a year

The salary for Credit Risk Analyst is $101,000 - $132,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors. The salary for Sr. Credit Risk Analyst is $127,000 - $158,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors.

Founded in 2005 as the first peer-to-peer marketplace lending platform in the U.S., Prosper was built on a simple idea : connect people who want to borrow money with those who want to invest. Since inception, Prosper has helped more than 2 million people gain access to affordable credit with over $27 billion in loans originated through its platform. Our mission is to help our customers advance their financial well-being through a variety of products including personal loans, credit, home equity lines of credit (HELOC), and our newest product, HELoan. Our diverse culture rewards accountability and cross functional teamwork because we believe this encourages innovative thinking and helps us deliver on our mission.

We're on a mission to hire the very best, and we are committed to creating exceptional employee experiences where everyone is respected and has access to equal opportunity. We realize that new ideas can come from everywhere. It is important to us that every hire connects with our vision, mission, and core values. Join a leading fintech company that's democratizing finance for all!

Our Values