Risk Analyst

About Us:

We believe everyone deserves a chance to improve their financial future. We’re dedicated to building simple and inclusive financial products that help our members create healthy habits and achieve economic stability.

Some things we’re excited about:

• $500 million in spending power used by our members
• Increasing members’ credit by 36 points (on average) within the first 3 months
• Backed by First Round Capital and JP Morgan

Products we’ve built to make an impact:

• Perpay Marketplace: Combines interest-free payments and modern e-commerce to reduce cost of ownership and promote healthy repayment behavior.
• Perpay+: Leverages Marketplace repayment history to help members monitor and build credit with all 3 credit bureaus.
• Perpay Credit Card: Expands access to the flexibility and benefits of a World Mastercard by removing common barriers like high security deposits and low approval odds.

The Perpay team is a motivated group of creative problem solvers who love getting things done and making an impact. Located in Center City, Philadelphia, our one-of-a-kind space promotes a collaborative work environment, unites our team, and feels like a home away from home. 

About the Role:

As a Risk Analyst at Perpay you will play a crucial role in developing and optimizing our credit risk strategies. With the launch of our credit card, Perpay is looking for curious learners with strong quantitative capabilities to support the healthy growth of our lending portfolios.

You will be instrumental in understanding and leveraging data to support our risk and strategic initiatives. This role provides a unique opportunity to build foundational skills in data analysis and credit risk management, business acumen, and the ability to collaborate effectively with diverse stakeholders.You will gain exposure to a wide variety of strategies used to optimize Perpay’s lending portfolios while directly impacting our customers by enabling credit access and building responsible borrowing behaviors.

Our greatest strength is our people and we’d love for you to be one of them!

Why You'll Love It Here:

• Learning: Gain hands-on experience and learn from experienced professionals in the field.
• Variety: Work on a diverse set of projects that will expose you to different areas of data engineering and business functions.
• Growth: Opportunities for career advancement and professional development at a fast-growing startup.
• Collaboration: Join a team that values collaboration and continuous improvement.
• Professional Opportunities: Present recommendations to executive audiences and champion product development.
• Mentorship: A formal mentorship program to develop relationships across the company and foster collaboration and learning.

Responsibilities:

• Provide analytics-backed insight into portfolio performance
• Use SQL and other relevant tools to perform data analysis
• Communicate information effectively using data visualization tools and reports
• Collaborate with cross-functional teams to extract meaningful insights from large datasets, focusing on implementing data-driven strategies tailored to our multi-product environment
• Ability to translate complex analytical projects into concrete business recommendations
• Support various projects and initiatives aligned with the company’s goals, emphasizing the integration of data analytics

What You’ll Bring:

• Bachelor’s degree or higher in a relevant field (e.g., Business Administration, Economics, Finance, Computer Science, Statistics)
• 2+ years of experience in relevant industry or data analytics coursework
• Expertise in using SQL to acquire and transform data
• Experience in Excel with financial analysis, CBA and ROI
• Familiarity with object-oriented programming languages (e.g. Python or R preferred)
• Basic analytical skills with an eagerness to learn and apply insights
• Strong written and oral communication skills, particularly around presenting clear and actionable recommendations with decision-makers

Bonus:

• Experience with business intelligence/data visualization tools (e.g. Tableau, Power BI, Domo)
• Experience with code reviews and version control (e.g. Git, Github)

Hey, we know not everybody checks all the boxes, so if you’re interested, please apply because you could be just what we’re looking for!

What We’ll Bring:

• Competitive salary + company equity
• 401k with company match
• Medical / Dental / Vision insurance
• Flexible Spending Account (FSA)
• Relocation assistance
• Pre-tax commuter benefit
• Student loan repayment match
• Gym subsidy with City Fitness
• Cell phone plan
• Paid parental leave
• Unlimited PTO

Additional Perks:

• Opportunity to gain experience at one of the fastest-growing financial startups in the country
• Work on both e-commerce & fintech customer-facing products
• Collaborate cross-functionally with product, design, marketing, operations, data teams, and more

This is not a remote opportunity; it is 100% onsite (#LI-Onsite) (#LI-TH1) (#LI-AK1)

Perpay is proud to be an equal opportunity employer. We value diversity in all its forms and are committed to creating an inclusive environment. We do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, sex (including pregnancy), marital status, political affiliation, age, veteran status, disability status or other non-merit factor. Please contact us at careers@perpay.com to request accommodation.