Full-Time

VP – Operations

Posted on 1/25/2025

Prosper Funding

Prosper Funding

201-500 employees

Offers personal loans and credit cards

No salary listed

Senior, Expert

Phoenix, AZ, USA

The candidate must work in the Phoenix office every Wednesday and Thursday.

Category
Generalist Operations
Operations & Logistics
Required Skills
Data Analysis
Connection
Connection
Connection
logo

Get referrals →

You have ways to get a Prosper Funding referral from your network.

💡

Applications through a referral are 3x more likely to get an interview!

Requirements
  • Bachelor's Degree and 10+ years of experience in Operations in the financial services industry, preferably across many of the areas in scope in this role, but not necessarily all of them.
  • A proven track record of building and leading highly engaged teams.
  • Demonstrated skill in applying creative thinking and analysis to solve business needs in ambiguous environments; ability to make timely decisions using imperfect information and without 'analysis paralysis'.
  • Experience leading teams both on-site and remote; internal and outsourced.
  • Player-coach mindset – Prosper teams are small but mighty. Prosper’s leaders are strategic, but should also be very hands-on when necessary.
  • Strategic thinking ability, not limited by job title or job description.
  • Ability to inspire trust, confidence, and consensus within groups managed.
  • Predisposition to internalize accountability and ownership, and take them seriously.
  • Effective communication skills across variety of audiences – Execs, investors, board, team.
  • Ability to structure unstructured problems; a proven ability to find a way!
  • Ability to work in the Phoenix office every Wednesday & Thursday.
Responsibilities
  • Develop short term/long term operations goals that are aligned to the overall strategic goals for the company.
  • Lead and mentor a team of operations leaders to execute successfully and deliver on the short term/ long term goals.
  • Actively problem-solve and make tradeoff decisions balancing all elements of the scorecard: economics, customer, quality and talent.
  • Drive engagement and culture across the Operations team.
  • Lead team to identify improved processes and outcomes through utilization of automation and AI.
  • Partner with other Executives and leaders beyond Operations, in cross-functional teams, to deliver strategies in support of company goals.
  • Champion strategies that focus on seamless and inclusive customer experience as measured by various NPS measures.
  • Ensure vendor accountability and engagement.
  • Act as a 'Player / Coach-Athlete' by playing a key part in both leadership and development of the team as well as individual contribution to complex business problems and key initiatives.
  • Drive for excellence within the resources available.
Desired Qualifications
  • Preferably, background in credit card or personal loans (experience with unsecured loans strongly preferred).

Prosper Funding offers a variety of financial solutions aimed at improving financial wellbeing for individuals. The company provides personal loans, credit cards, and home equity lines of credit, making its services accessible to people with different credit backgrounds. Personal loans are issued by WebBank, while the Prosper® Card is an unsecured credit card issued by Coastal Community Bank under a Mastercard license. Prosper distinguishes itself from competitors by being an equal housing lender, which promotes fair access to its financial services. The main goal of Prosper Funding is to help individuals achieve better financial health through affordable lending options.

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$503.4M

Headquarters

San Francisco, California

Founded

2005

Simplify Jobs

Simplify's Take

What believers are saying

  • Integration of AI-driven credit scoring can enhance loan approval accuracy and reduce defaults.
  • The rise of embedded finance allows Prosper to offer services within non-financial platforms.
  • Growing interest in financial literacy programs supports Prosper's mission to educate consumers.

What critics are saying

  • Increased competition from new fintech startups could threaten Prosper's market share.
  • The rise of decentralized finance platforms may challenge Prosper's traditional lending model.
  • Major financial institutions funding fintech startups could impact Prosper's market position.

What makes Prosper Funding unique

  • Prosper offers a comprehensive financial platform with personal loans, credit cards, and home equity.
  • The company uses a data-driven underwriting model to provide low, fixed-rate loans.
  • Prosper is a pioneer in peer-to-peer lending, celebrating 20 years of innovation.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Unlimited Paid Time Off

Parental Leave

Mental Health Support

Wellness Program

Childcare Support

Pet Insurance

Growth & Insights and Company News

Headcount

6 month growth

4%

1 year growth

5%

2 year growth

5%
PR Newswire
Apr 23rd, 2025
Prosper Celebrates 20 Years Of Helping Consumers Elevate Their Financial Well-Being

SAN FRANCISCO, April 23, 2025 /PRNewswire/ -- Prosper Marketplace, a fintech pioneer providing affordable financial solutions to consumers across the credit spectrum, proudly celebrates its 20th anniversary. In 2005, the Prosper platform revolutionized how Americans could advance their financial well-being through online lending opportunities and by investing in each other's goals. Since its founding, Prosper has helped more than 2 million customers access nearly $30 billion in total funding, while expanding its suite of products. "Prosper was established 20 years ago by Chris Larsen and John Witchel as part of their quest to democratize consumer lending and create opportunities previously unavailable through traditional banking channels," said David Kimball, CEO of Prosper. "As consumers' needs have grown, we have grown alongside them. Today, we've evolved into a comprehensive financial platform, offering simple, trusted, and affordable solutions that help people transform their lives."

Dev.ua
Mar 20th, 2025
Ukrainian fund Roosh Ventures invested in British fintech startup Porsper, which "maximizes potential wealth" of users

London-based AI fintech startup Prosper has raised £4 million in a round led by Fuel Ventures, with participation from Capital One, World First, Tandem, Azimo, Embark and Comply Advantage, the founders of Monzo, and Ukrainian fund Roosh Ventures.

Tech.eu
Mar 4th, 2025
Combinder raises $500K for energy network

Combinder, a decentralized energy data network, has closed a $500k Pre-Seed funding round at a $10 million valuation. The network uses blockchain to decentralize energy infrastructure, allowing users to earn $BIND tokens by connecting devices like solar units and EV chargers. With 3,000 beta participants and nine B2B partnerships, Combinder aims to expand its network and enhance its API for more device manufacturers and energy asset types.

PR Newswire
Jul 23rd, 2024
Prosper Marketplace Wins 2024 Cso Award

Prosper Honored for Excellence in Security and Risk ManagementSAN FRANCISCO, July 23, 2024 /PRNewswire/ -- Prosper Marketplace, the first peer-to-peer lending platform in the United States, is thrilled to announce its selection as a winner in the prestigious 2024 CSO Awards.The 2024 CSO Awards, organized by Foundry (an IDG, Inc. company), celebrate the top security organizations and individuals who have demonstrated exceptional efforts in tackling the challenges posed by an ever-expanding landscape of threats. This year's awards recognize those at the forefront of security innovation, including new threat-detection methods, advanced cyber analytics, and initiatives addressing AI dangers, zero trust, and data protection."We are honored to receive the 2024 CSO Award," said David Kimball, CEO of Prosper. "This recognition is a testament to our team's dedication to implementing cutting-edge security measures that protect our borrowers and investors, ensuring a secure and trustworthy marketplace for all."Prosper's selection as a 2024 CSO Award winner underscores its commitment to pioneering security strategies and delivering robust protection for its clients and stakeholders. This accolade also reflects the company's commitment to staying ahead of emerging threats."Our teams work together across our organization to make information security a core focus for our customers," said Varsha Agarwal, Head of Information Security at Prosper. "Since inception nearly 20 years ago, the security of our marketplace has played a key role in our business operations, culture, and goals

Franchising.com
May 13th, 2024
Smalls Sliders(R) Signs 9-Can Agreement in South Texas with Existing Franchisees

ProsperBites brings a dynamic array of experiences to their latest venture with Smalls Sliders.

INACTIVE