Director of Credit Risk Analytics

Prosper Marketplace; United States; On-site; USD 180,000 - 260,000; Full time

Benefits offered by this job

Stock options

401K with matching

Comprehensive health insurance

Paid vacation and holidays

Gym stipend

Job summary

Prosper Marketplace seeks a Director of Credit Risk Analytics to lead underwriting, portfolio credit strategies, and risk oversight for the Credit Card business. You will guide end-to-end risk management using data, ML models, and analytics to balance growth with controlled losses.

You will collaborate across Capital Markets, Product, Engineering, Legal, Compliance, Operations, and Marketing to translate complex findings into actionable executive insights and drive continuous improvement in

Qualifications

• 10+ years of credit risk management experience in credit card businesses.
• Strong leadership and team-building skills with a track record of mentoring high-performing teams.
• Ability to translate complex analyses into clear, actionable recommendations for senior leadership.
• Hands-on in guiding the team to develop automated credit decision strategies.

Responsibilities

• Underwrite and oversee portfolio credit strategies and risk quality for the Credit Card business.
• Review, analyze, and enhance risk strategies using data and ML/AI tools.
• Collaborate across Capital Markets, Product, Engineering, Legal, Compliance, Operations, and Marketing.
• Translate findings into actionable enhancements and present to the Credit Risk Committee and executives.
• Identify new data sources and technologies to improve credit performance while managing risk.”

Skills

Credit risk analytics

Machine Learning

Cross-functional leadership

Executive communication

Education

Master's or higher in Business/Statistics/Math/Engineering/Economics

Tools

ML models

Job description

• The Director, Credit Risk Analytics is responsible for underwriting and portfolio credit strategies and oversight of credit quality and performance of the Credit Card business
• They will review, analyze, and enhance the risk strategies through the use of Machine Learning models and credit data to manage the new accounts growth while managing credit losses in the risk appetite
• They will be responsible for the life cycle of credit risk management. Because this touches every part of our business, you must be a strong collaborator who can work seamlessly across Capital Markets, Product, Engineering, Legal, Compliance, Operations, and Marketing
• The ideal candidate is expected to bring broad and in-depth credit card expertise to the team, be comfortable to be hands-on to guide the 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
• Innovate and Optimize: Develop cutting-edge underwriting and portfolio credit, pricing, and line strategies to continually enhance credit performance using data, ML/AI models, and advanced analytics tools
• Bring an out-of-the-box mindset to our credit and fraud risk management framework, balancing risk-return trade-offs with creative solutions
• Drive Strategy and Action: Translate complex findings into actionable enhancements. Present data-driven recommendations to executive leadership and the Credit Risk Committee, always weighing business impact and resource allocation
• Master External Communication: Serve as a trusted voice to our investors, translating complex data into clear, compelling narratives and insights that build confidence and transparency
• Champion Cross-Functional Collaboration: Partner seamlessly with the Capital Markets, Product, Marketing, Operations, Legal, Compliance, and Engineering teams
• Cultivate an open-minded environment where internal and external stakeholders can work together to implement and monitor high-performing strategies
• Manage Risk Appetite: Ensure credit losses consistently remain within the company’s defined risk appetite
• Discover New Capabilities: Identify, evaluate, and build business cases for new products, vendors, alternative data sources, and emerging technologies
• Monitor and React: Analyze credit performance at a granular segment level on an ongoing basis to identify key performance drivers, spot emerging trends, and implement strategy changes as needed

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

We are looking for a passionate business and people leader with the acumen and domain expertise to tackle challenges in truly innovative ways, ensuring we continually deliver on our mission of advancing financial well-being

Demonstrated ability to thrive in a fast-paced environment and meet deadlines without compromising quality

A quick, agile thinker who can confidently and constructively address questions on unfamiliar topics with clarity and conviction

A quick thinker who can confidently address questions on unfamiliar topics with clarity and conviction

5+ years of people leadership experience, with a proven ability to develop and mentor high-performing teams

Master's degree or higher in Business, Statistics, Mathematics, Engineering, Economics, or a related field

10+ years of experience managing credit risk within Credit Card businesses, with strong business acumen and deep knowledge of credit management

A strong team player with a collaborative mindset and a business-owner mentality, able to partner effectively across functions

Outstanding thought leadership, with the capability to build, refine, and elevate credit strategy frameworks through innovative and structured approaches

Exceptional communication skills, both written and verbal, with the ability to articulate complex analyses and technical subject matter clearly and succinctly to internal stakeholders, external partners, and Senior Management