Risk Analyst-Collections Details

Risk Analyst-Collections

Cortex Management - Irving, TX

Employment Type : Full-Time

Cortex Management provides technology, analytics, and marketing services to financial clients in the consumer lending industry. As innovators in the fintech lending space, we leverage the latest technology and decades of experience to help meet the needs of our customers looking to lead the pack in online lending. Rethinking online lending to meet the demand for digital innovation is at the core of what we do.

Our online lending platform provides the fintech decisioning engine to fuel your online lending business. Cortex Management provides a user-friendly website, new customer acquisition and underwriting, loan origination, loan servicing, and access to new innovative tools to manage your portfolio.

We are a fast growing online lending organization focused on underserved consumers. This is a high impact role where you will be responsible for developing strategies to:

• Scale portfolio size with new marketing channels and response models
• Increase revenue by optimizing pricing and loan amounts
• Reduce default risk in the portfolio with new credit models and fraud mitigation strategies

Principal Duties and Responsibilities:

• Using statistical and query tools such as SAS / SQL /Python to analyze Underwriting, Line Assignment, Fraud, and Collections strategies.
• Conduct A/B Tests (Pricing, Line, Risk models, Response models) to optimize various aspects of portfolio
• Develop strategies to increase profitability by reviewing prior tests, internal performance data and competitor strategies.
• Present findings and make recommendations to Portfolio Management team.

Experience and Education:

• Excellent quantitative / analytic capabilities, with 2+ years of experience in a highly quantitative job function developing and recommending analyses / strategies using quantitative methods and justification
• B.S. required, preferably in a quantitative field (Statistics, Economics, Business, Operations Research, Mathematics, or other related degree)
• SAS and/or SQL skills required. Ability to conduct extensive data research and handle large datasets.
• Experience in Financial Services, Risk Management, Subprime Lending, Marketing Analytics, Pricing, Online Lead Generation, Direct Mail or Segmentation a plus.
• Excellent communication and presentation skills and comfort interacting with analysts, managers and executives in Portfolio Management, Marketing and throughout the company.
• Direct or indirect experience with decision engines, scorecard development, decision trees, and/or fraud tools a plus.
• Must enjoy working in a fast-paced; high-volume and ever-changing work environment.

Take the next step to a new and exciting career opportunity, apply online at http://.cortexplatform.com/careers.

Job Type: Full-time

Pay: $70,000.00 - $75,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Disability insurance
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Referral program
• Vision insurance

Supplemental Pay:

• Bonus pay

Education:

• Bachelor's (Preferred)

Experience:

• Using statistical and query tools (SAS / SQL /Python): 1 year (Preferred)
• Pricing, Line, Risk models, Response models: 1 year (Preferred)