Senior Analyst, Risk Management (R14038)

Oportun (Nasdaq: OPRT) is a mission-driven financial services company that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $21.3 billion in responsible and affordable credit, saved its members more than $2.5 billion in interest and fees, and helped its members set aside an average of more than $1,800 annually.

Working at Oportun means enjoying a differentiated experience of being part of a team that fosters a diverse, equitable and inclusive culture where we all feel a sense of belonging and are encouraged to share our perspectives. This inclusive culture is directly connected to our organization's performance and ability to fulfill our mission of delivering affordable credit to those left out of the financial mainstream. We celebrate and nurture our inclusive culture through our employee resource groups.

POSITION OVERVIEW

Step into a role where risk management meets innovation. As a Sr. Analyst, Risk Management, you will pioneer strategies that ensure our personal loan products transform lives without compromising risk. You will design risk strategies that consider more than traditional credit scores. You will gain exposure to pricing, marketing and underwriting to build deep knowledge of installment loan business, helping drive growth and profit optimization. This is an exciting opportunity in a fast-paced organization where your contributions can have a meaningful impact.

RESPONSIBILITIES

• Gain exposure to key areas such as risk underwriting, pricing, and direct mail marketing with the opportunity to specialize and focus on a specific area based on interest and business needs
• Partner with product, data science and engineering to design and implement tests; turn learnings into actionable strategies, presenting findings to stake holders to influence decision making
• Develop and maintain valuation frameworks to determine profitability at the margin; recommend changes to risk strategies to maximize profitability and ensure required return on capital for all risk segments
• Develop dynamic risk assessment frameworks using alternative data to evaluate creditworthiness and optimize direct mail marketing/targeting
• Design strategy ramp-up to support the expansion in new channels, new geographic regions and/or new partner sources while ensuring portfolio resilience
• Support the development of pricing strategies and practices, balancing revenue optimization with enterprise objectives and customer experience
• Monitor portfolio performance, refining strategies to minimize defaults while maximizing credit access for the underserved

REQUIREMENTS 

• Bachelor’s Degree in Engineering, Mathematics, Economics, Finance, or other analytical discipline (advanced degree in a quantitative discipline is a plus)
• 3+ years of experience in an analytic role, preferably in risk management of the financial services industry
• Very strong attention to detail, experience developing processes to implement strategy
• A self-starter - you naturally take ownership, look for opportunities, and drive recommendations through execution
• Adaptive to a fast-changing environment and have the drive to get things done
• Flexible in prioritizing work, managing multiple tasks and meeting deadlines
• Excellent SQL (or similar language) programming skills; proficiency in Python is a plus
• Advanced Microsoft Excel and PowerPoint skills
• Strong written and verbal communication skills

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