Senior Credit Risk Manager - Student Loan

2 days ago

🏄 California – Remote

Although this job is listed in California, this company may be open to hiring remote in other states.

💵 $186k - $211k / year

⏰ Full Time

🟠 Senior

👔 Manager

🦅 H1B Visa Sponsor

Apply Now

Receive Emails with Similar Jobs

Earnest

WebsiteLinkedInAll Job Openings

Earnest is a financial technology company specializing in refinancing and consolidating student loans. It offers options to help clients reduce their interest rates and tailor loan payments to fit their budgets, without any credit impact. The company focuses on client satisfaction, providing in-house support and flexible refinancing solutions. Earnest's services include refinancing student loans, Parent PLUS refinancing, and personal loans, with the aim of making higher education more affordable and manageable for students and their families. Known for transparent practices and competitive rates, Earnest has refinanced over $19. 6 billion in student loans.

Consumer Lending • Financial Technology • Mission Driven • Value driven

201 - 500 employees

Founded 2013

💳 Fintech

💸 Finance

👥 B2C

📋 Description

• Our mission is to make higher education accessible and affordable for everyone. • We empower students with financial support and supercharge their ability to pay down their debt. • Earnies are committed to helping students live their best lives, free from the stress of student debt. • The Senior Credit Risk Manager, Student Loans will report to the Head of Credit Risk. • Develop and optimize credit strategies for pre-screening, underwriting, risk tiering. • Lead champion-challenger testing to optimize underwriting strategies. • Collaborate with Data Science team to develop new machine-learning risk models. • Monitor credit portfolio performance and identify areas for improvement. • Work cross-functionally with various teams to implement strategies. • Manage regulatory and audit compliance by providing analytical support for internal audits. • Lead, support, and develop junior team members while managing multiple projects.

🎯 Requirements

• 7+ years of experience developing data-driven credit strategies for loans or credit cards, leveraging risk models, rules, and multiple data sources. • At least 1 year of experience in leading and mentoring team members. • Strong analytical skills with expertise in SQL and Python for data analysis. • Experience in risk analytics, segmentation, and statistical modeling (decision trees, gradient boosting models). • Proven ability to deliver business results through ownership, collaboration, and strategic influence. • Experience with Business Intelligence tools such as Looker or Tableau. • Strong knowledge of credit risk management within lending products, including P&L impact evaluation. • Willingness to travel to the Oakland office monthly to collaborate with other Earnies.

🏖️ Benefits

• Health, Dental, & Vision benefits plus savings plans • Mac computers + work-from-home stipend to set up your home office • Monthly internet and phone reimbursement • Employee Stock Purchase Plan • Restricted Stock Units (RSUs) • 401(k) plan to help you save for retirement plus a company match • Robust tuition reimbursement program • $1,000 travel perk on each Earnie-versary to anywhere in the world • Competitive days of annual PTO • Competitive parental leave