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Full-Time

Senior Risk Associate

Posted on 6/27/2024

Upstart

Upstart

1,001-5,000 employees

AI-powered lending marketplace offering diverse loans

AI & Machine Learning
Data & Analytics
Financial Services

Compensation Overview

$82.2k - $113.5kAnnually

+ Bonus + Equity Compensation

Mid

Remote in USA

Category
Risk Management
Finance & Banking
Requirements
  • Bachelor’s degree with 1-3 years of relevant consumer lending or servicing experience; or 5 or more years of relevant experience in lieu of a degree
  • Experience working in financial services in a compliance or consumer facing role with working knowledge of state or federal consumer lending protection regulations
  • Ability to produce clear, concise, well-written work product with minimal intervention and strong attention to detail
  • Organized and able to juggle multiple tasks while still meeting deadlines
Responsibilities
  • Conduct the onboarding of suppliers to the business including completing due diligence of new suppliers and diligence of existing suppliers
  • Maintain Key Performance Indicators (KPIs) of suppliers for trending, analysis, & feedback to business relationship managers
  • Conduct annual review supplier diligence activities including requesting & reviewing updated materials, completing scorecards, tracking & reporting on Key Risk Indicators (KRI), identification of remediation, onsite visits
  • Respond to ticket requests from internal partners for items such as advice & guidance, audits, exams, and/or lending partner requests
  • Contribute to TPRM Program reporting, Program enhancements including proposing ideas, executing on projects, implementing policy and procedural changes, and desire to be a subject matter expert

Upstart's main product is an AI lending marketplace that utilizes AI models and cloud applications to streamline the loan approval process, offering various loan options such as personal, automotive retail, refinance, and small-dollar "relief" loans.

Company Stage

Series D

Total Funding

$244.1M

Headquarters

San Mateo, California

Founded

2012

Growth & Insights
Headcount

6 month growth

-2%

1 year growth

-3%

2 year growth

-11%