Senior Credit Associate

Above Lending; Chicago (IL); On-site; USD 95,000 - 160,000; Full time

Job summary

An innovative financial services company is seeking a Senior Credit Associate to enhance credit risk strategies and improve loan performance. In this role, you'll analyze data, collaborate with teams, and ensure compliance with regulations while presenting findings to senior management. This position offers a unique opportunity to make a significant impact in the lending industry, contributing to responsible financial solutions for borrowers. Join a dynamic team focused on simplifying the lending process and helping clients achieve their financial goals in a supportive environment.

Benefits

Health, dental and vision programs

Flexible time-off policy

401(K) match with immediate 100% vesting

Merit advancement opportunities

Qualifications

• 2-10 years of experience in credit analytics or portfolio management.
• Strong analytical skills and proficiency in financial modeling.

Responsibilities

• Develop and enhance credit risk strategies across the customer lifecycle.
• Analyze credit reports and application data to recommend changes.

Skills

SQL

Excel

Python

R

Data Visualization

Credit Risk Assessment

Financial Modeling

Education

Bachelor's degree in Finance, Economics, Statistics

Master's degree

Tools

Google Suite

Tableau

Power BI

Looker

Job description

Above Lending is a next-generation financial services company. We provide simple and transparent products aimed at helping our clients achieve their personal finance goals. With competitive rates and personalized support, our mission is to simplify the lending process and help borrowers attain financial well-being. We are committed to making credit more affordable and accessible.

The Senior Credit Associate position will analyze data to develop new strategies and opportunities to improve loan originations and credit performance. You’ll utilize analytical tools to mine credit and performance data to surface opportunities in our acquisitions funnel and underwriting process. You’ll build analytical frameworks for monitoring and assessing tests and strategy performance. Review relevant data to identify the quantitative and qualitative factors driving the credit risk for consumer loans.

If you are a motivated and analytical professional seeking to make a significant impact in the lending industry, we encourage you to apply for the position of Senior Credit Associate at Above Lending. Join our team and contribute to our mission of providing responsible financial solutions to borrowers.

You Will:

• Develop, monitor, and enhance credit risk strategies and policies across the customer lifecycle: acquisition, line management, collections, and recovery.
• Analyze credit reports, trade-line data, application data, and past loan performance to make recommendations on changes to eligibility and credit underwriting.
• Collaborate with model development teams to support deployment, monitoring, and backtesting of credit scorecards and machine learning models.
• Ensure compliance with regulatory standards (e.g., ECOA, FCRA, UDAAP) in all analytical work and strategy implementation.
• Prepare detailed credit strategies and present findings to senior management, highlighting key risk factors and recommendations.
• Monitor and manage the credit portfolio, conducting ongoing reviews and identifying early warning signs of credit deterioration.
• Collaborate with cross-functional teams, such as sales, operations, and legal, to gather necessary information and ensure a smooth and efficient underwriting process.
• Perform industry and market research to identify trends, potential risks, and opportunities, providing insights to optimize lending strategies.
• Stay up to date with industry regulations, compliance requirements, and best practices in credit analysis to ensure compliance and drive continuous improvement.

You Have:

• Bachelor's degree in Finance, Economics, Statistics, or a related field. A master's degree is a plus.
• Prior experience as a credit/risk analyst in the lending industry, preferably in a start-up and financial services environment.
• 2-10 years of experience in credit analytics, credit risk, or portfolio management within consumer lending.
• Strong analytical and financial modeling skills, with the ability to interpret complex financial data and draw actionable insights.
• Proficiency in using credit scoring models, financial analysis tools, and Google Suite.
• Solid understanding of lending principles, credit risk assessment, and regulatory frameworks.
• Excellent attention to detail, time management, and organizational skills to handle multiple tasks and meet deadlines.
• Strong communication and interpersonal skills to collaborate effectively with cross-functional teams and communicate complex credit information in a clear and concise manner.

Your Skills:

• Strong SQL skills and proficiency
• Strong Excel skills
• Knowledge of Python and/or R
• Experience with data visualization tools (e.g., Tableau, Power BI, Looker, etc.)
• Knowledge of credit report and credit scoring
• Experience in consumer lending

We Offer:

• Considerable employer contributions for health, dental and vision programs
• Flexible time-off policy
• 401(K) match with immediate 100% vesting
• Merit advancement opportunities

$95,000 - $160,000 a year

This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role.

The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.

Join our dynamic team and contribute to Above Lending’s success as we continue to provide innovative lending solutions to our customers.

*Above Lending is an equal opportunity Employer*