Your role in our mission

The Senior Manager, Credit Risk Analytics is responsible for portfolio credit strategies and oversight of credit quality and performance of the Credit Card portfolios. They will be responsible for the life cycle of credit management including compliance with requirements of regulators and internal control and will recommend opportunities and propose resolutions for improved efficiency, effectiveness, and/or risk reduction for the portfolio. They will review, analyze, and enhance the risk strategies through the use of Machine Learning models and credit data to manage the portfolio growth while delivering expected returns. They will work with cross-functional teams in Product, Engineering, Legal/Compliance and Marketing to deliver the credit strategies as per design.

The ideal candidate is expected to bring broad and in-depth consumer lending expertise to the team, be comfortable to be hands-on to guide team to develop strategies for automated credit decisions, own the end-to-end process to ensure the credit strategies are performing as expected to support business growth while managing credit losses effectively. They should be a passionate business and people leader who has the business acumen and domain expertise to guide the team to tackle challenges in novel and effective ways. Making better, faster and more agile risk strategies keeps our marketplace competitive and ensures that we continue to deliver on our mission of advancing financial well-being.

How you'll make an impact

• Develop credit strategies to improve the credit performance by using data, ML/AI models and advanced analytics tools.
• Turn findings/gaps into strategy enhancement to present recommendations to the Risk Management and broader
• Prosper community with the considerations of business impact and cost needed.
• Ensure credit losses remain within the company's defined risk appetite.
• Bring innovative/out of the box thinking to make recommendations and approaching/solving problems.
• Design and evaluate A/B tests, with a strong understanding of risk-return trade-offs.
• Identify and evaluate new vendors / data sources and create business cases.
• Partner with Product, Marketing and Engineering teams to implement strategies and monitor the strategy performance.
• 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 key performance drivers and emerging trends.
• Work with legal and compliance team to ensure strategies and policies comply with all the regulatory requirements.
• Have experience with credit loss forecast and stress testing exercise.

Skills that will help you thrive

• Master's degree in Business, Statistics, Mathematics, Engineering or Economics
• 8+ years of experience managing acquisition/portfolio credit risk for Credit Card and Personal Loan business; Strong
• business acumen and extensive knowledge about credit management
• 3+ years of people leadership experience
• Outstanding thought leadership and skills to translate business problem into analytical problems; ability to build and enhance framework
• Exceptional communication skills in both written and oral - ability to communicate technical subject matter clearly and succinctly to other team members and Senior Management team
• A quick thinker and can handle questions on unfamiliar topics with convincing skills
• A team player - collaborate with people across functions and a business owner mentality
• Ability to work in fast-paced environment and meet deadlines without sacrificing quality
• Ability to work productively in a remote/in-person hybrid working environment

Resources to help you prosper

• A hybrid connection: We believe in the "best of both worlds" - a hybrid environment (2 days/week in our SF office) that balances high-touch collaboration with the flexibility of remote work
• Invested in your future: A competitive salary and a 401(k) with a 5% company match to help you build long-term financial security
• Holistic well-being: We provide the resources you need to thrive, from flexible time off and paid parental leave to an annual wellness allowance and comprehensive health coverage
• Professional & personal growth: Take advantage of a suite of premium perks, including Udemy access, childcare assistance, pet insurance, and a bevy of additional savings through Beneplace
• The ability to work remotely in the United States

$190,000 - $230,000 a year

Compensation details: The salary for this position is $190k - $230k annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors.

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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. Your unique skill set and diverse perspective will stand out and set you apart from other candidates. Prosper thrives with people who think outside of the box and aren't afraid to challenge the status quo. We invite you to join us on our mission to advance financial well-being.

Prosper is committed to an inclusive and diverse workplace. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law, including the San Francisco Fair Chance Ordinance. Prosper will consider for employment qualified applicants who are non-US citizens and will provide green card sponsorship.

*All personal loans are made by WebBank.

'The Prosper® Card is an unsecured credit card issued by Coastal Community Bank, Member FDIC, pursuant to license by Mastercard® International.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses and identifying potential inconsistencies or verification signals in application materials based on available information. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.