Manager of Valuations, Risk Management

Oportun (Nasdaq: OPRT) is a mission-driven fintech that puts its members' financial goals within reach. With intelligent borrowing, savings, and budgeting capabilities, Oportun empowers members with the confidence to build a better financial future. Since inception, Oportun has provided more than $19.7 billion in responsible and affordable credit, saved its members more than $2.4 billion in interest and fees, and helped its members save an average of more than $1,800 annually. Oportun has been certified as a Community Development Financial Institution (CDFI) since 2009.

Working at Oportun means enjoying a differentiated experience of being part of a team that fosters a diverse, equitable and inclusive culture where we all feel a sense of belonging and are encouraged to share our perspectives. This inclusive culture is directly connected to our organization's performance and ability to fulfill our mission of delivering affordable credit to those left out of the financial mainstream. We celebrate and nurture our inclusive culture through our employee resource groups.

SUMMARY

The Manager of Valuation in the Risk Management department helps manage/optimize credit strategy and value for Oportun's Installment loan product. This is an exciting opportunity in a fast-paced organization where your contributions can have a meaningful impact on increasing access to Oportun's affordable, credit building loan product for consumers with little or no credit history.

RESPONSIBILITIES:

• Develop and manage the customer life-time valuation (CLTV) framework for Oportun's Personal Loan products, including Unsecured Personal Loan (UPL) and Secured Personal Loan (SPL). Develop forecasting frameworks to estimate the various revenue and cost metrics such as credit loss, interest revenue, losses, prepay behavior, propensity to return for another loan after paying off existing loan, etc.
• Work with various business teams to integrate valuation frameworks into the decisioning processes to enable differential product offering to customers
• Develop a rigorous re-grounding and monitoring process to ensure the accuracy of the valuation forecast and make improvement as needed
• Provide ad hoc analytical support to the leadership in various regulatory and audit exams related to valuation frameworks

DESIRED SKILLS & EXPERIENCE: 

• Ability to work in a fast-paced environment and meet aggressive deadlines while ensuring flawless execution
• 6 to 8 years of analytical experience in finance or risk management, preferably with experience in developing valuation framework and/or grounding risk metrics
• Good experience in Cash Flow, Pricing & Credit Experience, 
• Good experience from Fintech / Financial Services / Banking domain.
• A relentless problem solver in finding new ways to improve strategies and processes
• Excellent Python and SQL (or similar language) programming skills
• Advanced Microsoft Excel and PowerPoint skills
• Excellent written and oral communication skills
• Bachelor's degree in Statistics, Math, Engineering, Economics, Operational Research, Business or other quantitative disciplines. Master's degree a plus

We are proud to be an Equal Opportunity Employer and consider all qualified applicants for employment opportunities without regard to race, age, color, religion, gender, national origin, disability, sexual orientation, veteran status or any other category protected by the laws or regulations in the locations where we operate.

California applicants can find a copy of Oportun's CCPA Notice here: 

We will never request personal identifiable information (bank, credit card, etc.) before you are hired. We do not charge you for pre-employment fees such as background checks, training, or equipment. If you think you have been a victim of fraud by someone posing as us, please report your experience to the FBI's Internet Crime Complaint Center (IC3).