Full-Time

Quantitative Risk Analytics Lead

Confirmed live in the last 24 hours

Earnest

Earnest

201-500 employees

Provides student loan refinancing and personal loans

Fintech
Financial Services

Compensation Overview

$191k - $216kAnnually

Mid, Senior

Remote in USA

Category
Risk Management
Finance & Banking
Required Skills
Python
SQL
Looker
Data Analysis
Snowflake
Requirements
  • 2-3 year’s experience working with Financial Systems and/or Financial Data
  • 4-6 years of experience in designing and building risk reporting using Snowflake (or other data warehouses) and Looker (or other visualization tools)
  • SQL Expert
  • Willingness to travel to the Oakland office monthly to collaborate with other Earnies.
  • Experience in Fintech
  • Python Expert
Responsibilities
  • Play a pivotal role in managing and optimizing our loss modeling and underwriting, ensuring frictionless risk optimization to support our strategic goals
  • Define roadmap and strategy around risk modeling foundation, structure, and backbone of the modeling systems.
  • Lead the quant risk team and collaborate closely with analytics, data science and cross-functional teams to unlock the full potential of our risk data
  • Set the technical direction for the team by proposing risk technologies, tools, and languages that can be used to solve business problems.
  • Implement and enforce data quality standards, data validation, and data governance processes to ensure data accuracy and reliability.
  • Support development of data transformations on SQL/DBT, advanced analytics and reporting solutions on Looker to provide actionable insights to various stakeholders.

Earnest provides financial services focused on student loan refinancing, private student loans, and personal loans. The company uses advanced data analysis and underwriting software to assess each client's financial situation, allowing them to offer personalized low-interest rates. Clients can select flexible repayment plans that suit their needs, making it easier to manage their educational and personal debt. Unlike many competitors, Earnest continuously adjusts its rates based on market conditions to ensure they remain competitive. The goal of Earnest is to help financially responsible individuals effectively manage their debt while providing them with tailored financial solutions.

Company Stage

Acquired

Total Funding

$123.5M

Headquarters

San Francisco, California

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Earnest's innovative use of technology and data science can lead to more competitive loan rates and terms for borrowers.
  • The company's focus on financial education and literacy can empower employees to make better financial decisions, both personally and professionally.
  • Working at Earnest offers the opportunity to be part of a mission-driven company that aims to make higher education more accessible and affordable.

What critics are saying

  • The highly competitive student loan refinancing market may pressure Earnest to continuously innovate to maintain its edge.
  • Regulatory changes in the financial sector could impact Earnest's business model and operations.

What makes Earnest unique

  • Earnest's unique approach to student loan refinancing, which includes personalized loan terms and flexible repayment options, sets it apart from traditional lenders.
  • The company's use of data science and technology to assess creditworthiness allows for more accurate and fair loan offerings, unlike conventional credit scoring methods.
  • Earnest's commitment to financial literacy and education, providing resources and tools to help borrowers make informed decisions, distinguishes it from competitors.

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