Purpose Financial/Advance America-posted 9 days ago
Full-time • Mid Level
Spartanburg, SC
5,001-10,000 employees

Purpose Financial, Inc. is an innovative consumer financial services company that offers a diverse suite of credit products, promoting financial inclusion and meeting consumers wherever they are. Through its brands, the company is committed to helping customers achieve their version of financial stability in the moment and in the future. Since 1997, Purpose Financial has been a pioneer in the consumer credit and financial services market offering money solutions in over 1,200 storefronts locations and online lending. Providing services in over 27 states, Purpose Financial employs over 3,700 team members. At Purpose Financial we are always on the lookout for motivated individuals who share in our values of mutual respect to join our team of outstanding professionals. This position reports to the Vice President, Credit Risk, and is responsible for leading the team that builds and creates stochastic and deterministic models for use across the company, profitability, performance analysis, and developing test/control strategies. This role is both a technical and managerial role whereby the candidate performs analysis and prepares data as well as serves as a mentor to the more junior analysts. Furthermore, this role requires someone who quickly adapts to change and is willing to complete all duties as assigned and requested.

  • Manage the development and implementation of advance statistical and machine learning models across the customer lifecycle to include customer acquisition, onboarding (operational processes), credit underwriting, product optimization, and collections.
  • Assists junior modelers with model design, construction, implementation, monitoring, and delivering model results to leadership.
  • Monitor consumer loan portfolio and optimize profit-based risk management decisions at all stages of the customer credit life cycle, including (but not limited to) new customer acquisition, underwriting, conversion, collections, and retention.
  • Independently designs experiments to enable longer term optimization of decisions, line assignment, and offer terms across our menu of financial products and customer segments.
  • Works with credit bureaus to evaluate new data sources and “Ad-Hoc” analysis as assigned.
  • Collaborate with Finance and Business Intelligence to build and improve monitoring of portfolio KPIs and product strategy.
  • Master’s Degree in Quantitative Field (Engineering, Statistics, Mathematics, Economics, or other comparable quantitative field) required or Bachelor’s Degree in Quantitative Field (Engineering, Statistics, Mathematics, Economics, or another comparable quantitative field) required.
  • T hree (4) years of experience working in an analytical role in banking, finance, or retail.
  • Prior work experience with R, Python, SQL, or another analytical tool.
  • Strong written and verbal communication skills.
  • Basic understanding of statistical principals (p-value, etc.).
  • Comfortable with solving complex problems, working with computers and technology, and using higher level mathematics.
  • Adaptability and flexibility to changing environment; and comfortable working in a dynamic, high volume, fast-paced environment.
  • Ability to read, write, evaluate, and apply information.
  • Ability to interact professionally and exhibit appropriate social skills.
  • Ability to understand and ensure compliance with policies, procedures, and laws governing our industry/business and products.
  • Ability to develop and maintain business relationships.
  • Ability to quickly learn all technology needed in order to perform the role.
  • Must be eligible to work in the USA and able to pass a background check.
  • Prior coursework in advanced mathematics, computer programming, economics, and operations research would be beneficial.
  • Competitive Wages
  • Life/Health Benefits
  • 401(k) Savings Plan
  • Educational Assistance
  • Paid Vacation/Holidays
  • Employee Discounts
  • Work-life Balance
  • Business Casual Environment
  • Paid Volunteer time off
  • Rewards and Recognition Program
  • EAP
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service