Credit Risk Analyst

Location
Bethesda, MD
Posted
Oct 14, 2021
Closes
Nov 13, 2021
Ref
962153362
Function
Analyst
Hours
Full Time
WHAT WE DO MATTERS: Its not just a job. Its a mission . If youre as passionate as we are about empowering the small businesses of America, then youll be right at home with us.

Recognized as one of D.C.s Top Workplaces each year, Rapid Financial Services (dba "Rapid Finance") is the nation's leading provider of alternative financing solutions for small and mid-sized businesses. When traditional sources of funding are beyond reach, we open doors for business owners. By providing access to working capital, Rapid Finance helps growing businesses achieve their goals and reach even higher.

Our company is expanding. We are aggressively investing in our people and technology to create a best-in-class experience for our clients. Let us invest in YOU. This position will be located at our corporate headquarters in Bethesda, Maryland.

ABOUT THE ROLE AND OUR TEAM:

Rapid Finance 's Risk Operations team is becoming more and more complex, and we are seeking an experienced, bright and motivated individual who can immediately begin to contribute to our Risk Operations Analytics function. This role will focus on driving performance wins for our Risk team, including building reporting to track team performance, optimization of associate incentives, development of models to drive work prioritization, and conducting valuations for portfolio acquisition opportunities.

The work generated by this role and the team will be visible to a number of teams. There will be considerable interaction with the Credit, Finance, and Technology teams along with regular interaction with the Executive team. As such, and despite this being a heavily quantitative role, strong communication skills are a must.

The Risk Operations Analyst will report to the Vice President of Credit and Analysis, and will be located at our home office in Bethesda, Maryland. Key responsibilities will include but are not limited to:
  • Analyze client performance data, including credit attributes, account usage and payment behavior, and efficacy of servicing strategy to optimize the efforts of our Risk Operations team
  • Support model development and implementation
  • Deliver analysis to support work strategy updates which drive team performance
  • Create and oversee tools that will illuminate the characteristics and trends in the portfolio
  • Work closely with the technology team to analyze the data environment, support the addition of new data sources, and implement decision models

SUCCESSFUL CANDIDATES HAVE:
  • You have a Masters degree in Applied Statistics, Applied Mathematics, Economics or a similar quantitative discipline.
  • You have an understanding of SQL (or similar RDBMS languages).
  • You are adaptable. You can be flexible and enjoy working in a fun & exciting team environment. Expect a fast pace, energy and the occasional flying ping pong ball.
  • You want to make an impact. We are a rapidly growing business, and you will have the opportunity to make a significant impact on our clients, our culture, and our future.
  • You share our passion for the small businesses of America and have a desire to be part of something bigger than yourself.
  • You possess outstanding quantitative, analytical and problem-solving skills.
  • You can thrive in dynamic environments that require balancing competing priorities, meeting critical deadlines and adapting to change.
  • You are an Excel guru and are comfortable with the full range of advanced functions for the sake of model building and data culling.
  • You produce a work product that is comprehensive, formatted for an executive audience, reflects appropriate messaging and uses correct grammar and punctuation.
  • You can communicate clearly, concisely and with impact- both one-on-one and presenting to small groups.
  • You possess a Bachelors Degree in Business, Finance, Economics, Mathematics, Statistics, Physics or a comparable field (or possess equivalent experience).
  • You have experience, preferably in the lending or credit card industry in an analytical or quantitative finance function.
  • You have had some exposure to one or more of the following tools:
    • Report Writing: Tableau, SAP BI, Crystal Reports, QlikView, or similar
    • Statistical Modeling: SAS, R, Python or similar
    • Presentation & Workflow: PowerPoint, Prezi, Visio or similar

WHAT WE LOVE ABOUT YOU:
  • You have strong critical thinking skills an d demonstrate the ability to resolve account disputes in an efficient and professional manner while prioritizing what is best for our business
  • You are flexible and adaptable to diverse cultures
  • You have a proven ability to plan and organize effectively, identify and correct errors, capture all of the relevant details, and get things done on time
  • You are able to develop and manage relationships, including effectively presenting information to and responding to inquiries and requests from all internal and external stakeholders
  • You succeed in dynamic environments that require balancing competing priorities, meeting critical deadlines and adapting to change
  • You produce a written work product that is comprehensive, reflects appropriate messaging, and uses correct spelling, grammar, and punctuation and can provide a sample work product
  • You have prior experience as a clerk or intern

WHAT YOU LOVE ABOUT US:

At Rapid Finance, we support our team members growth and desire to live well-rounded lives. Our company is expanding and we are aggressively investing in our people and technology to create a best-in-class experience for our clients. Come work with US! We are ranked a Top Workplace in Washington D.C., Detroit, and the Nation-these awards mean the world because it's based on feedback from our people!

We offer generous team benefits including a commuting/parking allowance, employer-matched 401(k), tuition reimbursement, health, dental, vision benefits, life insurance, paid time off, and more. Just steps from the metro, our beautiful new office includes a modern open floor plan, free on-site fitness center, a gaming area, stocked kitchen, and other cool amenities.

Rapid Finance is committed to a diverse workforce an Equal Opportunity/Affirmative Action Employer (M/F/Disability/Veterans). We will consider all applications without regard to race, gender, sexual orientation, gender identity, age, color, religion, national origin, veteran status, disability, genetic information or any other status protected by applicable law.

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