Financial Analyst Jobs

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Credit Risk Analyst

Reach FinancialNew York, NY
$90,000 - $110,000Hybrid

About The Position

Reach Financial is a FinTech platform helping people outsmart debt for good. We are building innovative products and best-in-class support that enable our customers to take control of their debt and de-mystify their personal finances. Our products and tools empower our customers to turn their financial goals into a reality. Reach Financial launched in 2015 and has helped our customers pay off over $1 billion in debt. We offer debt consolidation loans and personal loans; together, these markets represent a $1.5T opportunity. In time, we will expand beyond these products to offer solutions for a variety of our customers' personal finance challenges. We are a fast-growing and fast-paced FinTech startup with the stability of an established firm. You will have a front-row seat at a rapidly growing company innovating the FinTech industry.

Requirements

  • Bachelor’s Degree in Mathematics, Statistics, Econometrics, Operation Research, Computer Science, or other quantitative fields.
  • Proficient using Python to manipulate data and draw insights from large data set
  • Skilled in Excel and PowerPoint
  • Good communication and presentation skills

Nice To Haves

  • Proficiency in SQL, Snowflake, Tableau is a plus
  • Experience in data analytics or lending products is a plus
  • Experience in model training, deployment, and monitoring is a plus

Responsibilities

  • Perform data analysis across various marketing channels to optimize credit risk, origination volume and funnel conversion.
  • Utilize statistical and segmentation tools to develop data driven business strategies for personal loan products, that balances volume and risk-return targets.
  • Retrieve data and conduct data driven analytics from internal database and external vendor data, utilizing various analytical tools, software and techniques.
  • Forecast delinquency and loss curves for consumer lending products.
  • Develop processes and tools to track, analyze and report monthly portfolio performance of various acquisition channels & drive credit insights.
  • Present the analyses, findings and recommendations to stakeholders across the organization.
  • Execute on a wide range of analyses- descriptive measurement and reporting, dashboarding, ad hoc inquisitive problem solving and predictive forecasting.
  • Help design experiments & A/B test different credit & marketing strategies, create data-backed recommendations to balance credit risk & volume to help make strategic business decision.
  • Engage in model building and feature engineering exercises.
  • Collaborate and work with cross functional team including data science, marketing, product and operations.

Benefits

  • Healthcare
  • Life Insurance
  • 401k Match
  • Paid Time Off
  • Paid 12-week Parental Leave
  • Disability (short-term, long-term)
  • Employee Assistance Program
  • Spending Accounts (Transit/Parking, Medical, Dependent Care)
  • Insurance Discounts (home, auto, pet)

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