Overview
Lead Quantitative Analyst, Credit & Pricing
Join to apply for the Lead Quantitative Analyst, Credit & Pricing role at OneMain Financial.
Location
Baltimore, MD; NYC — Hybrid
Role summary
This role will have an exciting opportunity to learn and drive significant business results through optimizing our credit risk underwriting and pricing strategies. These strategies include, but are not limited to, approval/decline, loan amount assignment, term, pricing, and risk appetite framework optimization to drive healthy revenue growth, loss mitigation, and streamlining of processes in support of better profitability and a healthy lending portfolio.
Responsibilities
- Under your manager’s limited guidance, design, recommend, document and execute consumer credit underwriting and pricing strategies by extracting and analyzing requisite historical customer performance data from multiple disparate systems.
- Utilize data query tools (i.e., R, SAS, SQL, MATLAB, Python) and decision tree analytical software to develop, test and execute new strategies.
- Leverage traditional regression models and machine learning algorithms to understand key drivers and estimate customer behaviors by different strategy treatments.
- Drive profitable business growth by developing a strategy optimization framework with a full credit-cycle view.
- Implement Quality Control processes to ensure data accuracy.
- Continually enhance existing processes and reporting through automation, quality control, presentation and insights.
- Effectively summarize and present results and insights to management.
Qualifications
- Bachelor’s Degree (Graduate preferred) in a quantitative discipline such as Engineering, Statistics, Economics, Business Management or Computer Science is preferred.
- 4+ years of experience in complex, data-driven problem solving. Master’s or PhD degrees may offset experience.
Who We Are
OneMain Financial (NYSE: OMF) is the leader in offering nonprime customers responsible access to credit and is dedicated to improving the financial well-being of hardworking Americans. Since 1912, we’ve looked beyond credit scores to help people get the money they need today and reach their goals for tomorrow. Our growing suite of personal loans, credit cards and other products help people borrow better and work toward a brighter future.
Driven collaborators and innovators, our team thrives on transformative digital thinking, customer-first energy and flexible work arrangements that grow lives, careers and our company. We’re committed to an inclusive culture, career development and impacting the communities where we live and work.
Benefits
We provide opportunities and benefits that make health and careers a priority. Our comprehensive benefits package for eligible employees includes:
- Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances
- Up to 4% matching 401(k)
- Employee Stock Purchase Plan (10% share discount)
- Tuition reimbursement
- Paid time off (15 days vacation per year, plus 2 personal days, prorated based on start date)
- Paid sick leave as determined by state or local ordinance, prorated based on start date
- Paid holidays (7 days per year, based on start date)
- Paid volunteer time (3 days per year, prorated based on start date)
Compensation
Target base salary is $105,000-$135,000 (Baltimore) and $105,000-$145,000 (NYC), based on skills and experience.
Additional details
- Seniority level: Mid-Senior level
- Employment type: Full-time
- Job function: Research, Analyst, and Information Technology