Credit Risk Analyst

Cleo; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

Cleo is seeking a Credit Risk Analyst to aid in developing next-generation credit underwriting models. This remote role requires leveraging data science and analytics to mitigate risk and improve financial health for users. You will collaborate with multiple teams, driving profitable growth for new credit products. Opportunities for professional growth and a competitive compensation package are provided, catering to a diverse and inclusive workplace.

Benefits

Competitive compensation package with bi-annual reviews

Clear progression plan

Flexibility in work-life balance

401k matching

Medical, Dental, and Vision insurance

15 days annual leave + public holidays

1-month paid sabbatical after 4 years

Regular team socials

Qualifications

• 3-5 years of analytical experience, preferably in a credit risk role at a FinTech company.
• Experience in SQL, Python or other statistical modelling tools required.
• Knowledge of state of the art machine learning techniques preferred.

Responsibilities

• Leverage proprietary and third-party data to manage credit risk and customer experience.
• Optimize risk thresholds and strategies for credit product eligibility.
• Build dashboards to monitor credit product performance.

Skills

Analytical skills

Problem-solving

Detail-oriented

Data analysis

Education

Bachelor’s degree in Engineering, Math, Finance or other quantitative discipline

Tools

SQL

Python

Microsoft Excel

Job description

We strongly encourage applications from people of colour, the LGBTQ+ community, people with disabilities, neurodivergent people, parents, carers, and people from lower socio-economic backgrounds.

If there’s anything we can do to accommodate your specific situation, please let us know.

You can also see our latest DE&I report here

This role is a remote position anywhere on the East Coast timezones.

About Cleo

Most people come to Cleo to do work that matters. Every day, we fight for the world’s financial health, building a beloved AI that empowers people to make better financial decisions.

Backed by some of the most well-known investors in tech, we’ve reached over 4 million users and plan to double that number each year...which is where you come in.

We strongly encourage applications from people of colour, the LGBTQ+ community, people with disabilities, neurodivergent people, parents, carers, and people from lower socio-economic backgrounds.

If there’s anything we can do to accommodate your specific situation, please let us know.

You can also see our latest DE&I report here

This role is a remote position anywhere on the East Coast timezones.

About Cleo

Most people come to Cleo to do work that matters. Every day, we fight for the world’s financial health, building a beloved AI that empowers people to make better financial decisions.

Backed by some of the most well-known investors in tech, we’ve reached over 4 million users and plan to double that number each year...which is where you come in.

We’re seeking an entrepreneurial Credit Risk Analyst to help us build our next generation of credit underwriting models and strategy.

As Cleo coaches customers to improve their financial health over time, our Cleo+ subscription is helping them access the best products to take action and meet their financial goals. From strong initial growth in its first year, we’re now expanding the Cleo+ financial product set, with a focus on consumer credit products that help users get to the next stage of financial health, while saving them money.

As we launch new credit products for our Cleo+ subscription service, you will have the opportunity to relentlessly leverage data, data science, experimentation and analytics to understand and manage credit risk and enable profitable growth of our portfolio. You will work closely with our data science, product, engineering, and finance teams and will interact with business stakeholders across many departments

This role can be based remotely across East Coast USA.

You will:

• Leverage Cleo’s proprietary data and third party data to reduce loss rates and improve customer experience
• Optimize our risk thresholds, policies and strategy to expand member access and eligibility criteria of our credit products
• Apply your expertise in quantitative analytics to understand drivers of risk and suggest strategies to mitigate them
• Build dashboards to monitor and report the performance of credit products
• Design, execute, and analyze the results of experiments across our credit product.
• Leverage state of the art techniques to combat and mitigate fraud risk
• Willingness to challenge the conventional thinking and try new ideas to solve complex business problems
• Maintain a strong data driven culture within the company by interacting with diverse internal functions

You have:

• Bachelor’s degree in Engineering, Math, Finance or other quantitative discipline; Masters degree is a plus
• 3-5 years of analytical experience, preferably in a credit risk role at a FinTech company
• Experience in SQL, Python or other statistical modelling tools
• Knowledge of state of the art machine learning techniques
• Advanced Microsoft Excel skills
• Experience working on A/B testing
• Detail-oriented with exceptional organizational skills
• Ability to work in a fast-paced environment and meet aggressive deadlines
• Experience working in business intelligence tools

What do you get for all your hard work?

• A competitive compensation package (base + equity) with bi-annual reviews. You can view our public progression framework and most salary bandings here: https://cleo-ai.progressionapp.com/
• Work at one of the fastest-growing tech startups, backed by top VC firms, Balderton & EQT Ventures
• A clear progression plan. We want you to keep growing. That means trying new things, leading others, challenging the status quo and owning your impact. Always with our complete support.
• Flexibility: We can’t fight for the world’s financial health if we’re not healthy ourselves. We work with everyone to make sure they have the balance they need to do their best work
• Other benefits;
  • Company-wide performance reviews every 6 months
  • Generous pay increases for high-performing team members
  • Equity top-ups for team members getting promoted
  • 15 days annual leave a year + public holidays (+ an additional day for every year you spend at Cleo)
  • 401k matching
  • Medical Insurance, Dental and Vision care
  • Generous Parental Leave
  • 1 month paid sabbatical after 4 years at Cleo
  • Regular socials and activities, online and in-person
  • We'll pay for your OpenAI subscription
  • Online mental health support via Spill
  • And many more!

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We're massively focused on creating a diverse and inclusive workplace at Cleo and we believe that starts right from the very beginning of your journey with us. We have a few questions that we'd love you to answer to make sure that our hiring process is as fair and inclusive as possible.

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