Summary
Responsible for developing, maintaining, and growing Sable’s credit portfolio by operating and improving Sable's credit scoring and supporting oversight of the companies fraud prevention models.
Job Description:
New York Based (Remote up for discussion)
Own, build out, and run Sable’s credit risk strategy, policies, and underwriting model
- Analyze the effectiveness of existing models/scorecard while designing and building out the day 1 and V2 credit risk underwriting / decisioning model, policies and rule based scorecards
- Make appropriate non systemic credit decisions based on Sable's credit policies
- Support debt and capital market relations and fundraise
- Develop underwriting testing strategy (for fair lending etc)
- Design credit model/performance monitoring and reporting strategy, infrastructure, and processes
- Outline roadmap for evolution of model
- Build out the appropriate pricing model
- Help assess, discover, and test alternative data points to use for underwriting / risk
- Create backtesting model to mimic/demonstrate performance / create analogues for future debt raise
- Research and develop fraud identification and prevention solutions and processes and ensure appropriate cross-functional support to deal with systematic and malicious fraud events
Experience:
5+ yrs consumer credit policy experience at reputable financial lender (Established or fintech)
Direct experience building and running a day 1 credit risk decisioning model / rule based scorecards
- Lending to thin credit files, with success in using alternative data to underwrite
- Developing an underwriting backtesting strategy (for fair lending etc)
- Designing performance monitoring and reporting infrastructure, and processes
- Working with data science (A Plus)
- Building out and running fraud prevention policies, processes, vendors relations (A Plus)
What We Offer:
- Competitive Salary + Equity package
- Top notch premium medical, dental, and vision Coverage
- Strong mentor network of investors and Y Combinator alums and advisors
- Opportunity to grow with Sable and potentially build your own team
- Flexible vacation policy
- A challenging and fulfilling opportunity to work for a fast paced startup to grow the business from the ground up and create an impactful change for millions
