Director of Loss Forecasting

3 days ago

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Splash Financial

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Financial Services • FinTech • Student Loan Refinancing • Medical Student Loan Debt

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Description

• Drive strategic initiatives lead projects focused on risk mitigation, business growth • Develop, maintain, and enhance loss forecasting models using statistical techniques and machine learning. • Collaborate with data science and strategy teams to align forecasting models with portfolio performance and market conditions. • Perform scenario analysis to assess potential outcomes under various economic conditions and stress-testing scenarios. • Regularly review and update loss forecasts based on changes in borrower behavior and economic conditions. • Lead the development of comprehensive reports and dashboards for communication with stakeholders. • Provide expert guidance and insight influencing strategic decisions in the organization.

Requirements

• Bachelor’s degree in Finance, Economics, Mathematics, Statistics, or any quantitative related field. • An advanced degree (Mater’s, or Ph.D.) is preferred. • 5+ years of experience in credit risk, loss forecasting, or financial modeling, preferably in the consumer lending sector. • Strong knowledge of loan lending products, consumer credit behavior, and risk management strategies. • Proficiency in statistical software and tools such as Python, and SQL is a MUST. • Experience with financial modeling and predictive analytics techniques • Strong analytical and problem-solving skills with attention to detail. • Effective communication and presentation skills, with the ability to tell a story and influence decision making. • Strong sense of urgency and ability to thrive in a fast-paced environment.

Benefits

• Fully remote work freedom • Competitive salary packages • Flexible PTO + 9 company holidays • Equity: Share in our start-up success • Comprehensive and affordable insurance benefits • Paid parental leave for both caregivers • Essential equipment to get the job done • 401(k) for your future savings • Quarterly meet-ups: In person & virtual fun • Awesome Splash swag to flaunt your team spirit