Credit Strategy & Pricing Manager

At a glance

Summary by MCA Job Board

Role type

Underwriting

Level

Manager

Experience asked

3+ years

Work setup

Hybrid

Pay structure

Includes variable pay

About the role

Current Employees of Happen Bank: Please apply via your internal Workday Account
Happen Bank (formerly the employer) is built around a simple purpose: to clear the way to help people turn intention into action, and action into financial progress. That means offering focused products, a frictionless mobile-first experience, and clear terms with no gotchas. Respect and fairness is part of our DNA, and that ideal shapes how we work, how we treat each other, and how we invest in our employees and our community. Join us in using data, bold thinking, and a commitment to innovation to help clear the way for millions of Americans to achieve more.

About the Role

Summary

Job Description Summary

As a key member of the Credit Risk Team, you will be responsible for managing and crafting risk strategies along with developing and tracking appropriate metrics. You will develop personal loan underwriting and pricing strategy, driving loan growth/yield improvement initiatives, managing program performance KPIs, and serve as an active stakeholder in flawless implementation.

What You'll Do

• Develop, implement and handle credit risk strategies that involve elements of credit underwriting, pricing, loan amount assignment and verification based on an estimation of probability of default
• Design A/B tests to help understand risk return tradeoffs using hypothesis testing frameworks
• Craft automated dashboards to track KPIs around funnel conversion and strategy/portfolio performance; summarize and present findings to senior management
• Use analytical techniques to mine loan data, and convert findings into executions, including risk mitigation actions, pricing optimization and credit expansion opportunities, to optimize risk-adjusted revenue
• Expand existing set of data used in credit decisioning process by evaluating information; value of non-traditional data sources and by re-engineering use of existing data elements
• Work closely with technology teams to ensure new strategies are implemented accurately and as designed
• In addition to leveraging both off-the-shelf and custom AI tools in daily work, look to develop new custom tools or enhance existing processes with AI

About You

• 3+ years of experience in some combination of credit, analytics, risk management, and data science
• Bachelor's degree or higher in a quantitative field (e.g. Statistics, Math, Engineering, Economics); or equivalent work experience
• Technical skills such as SQL, SAS, R, and Python
• Experience with BI/data visualization tools, like Tableau or Excel, to create dashboards
• Excellent written and verbal communication skills
• You actively use AI to improve your work and are thoughtful about accuracy, data sensitivity, and better ways of working.

Work Location

San Francisco

The above locations are eligible offices for this role. The locations have been determined to foster in-person collaboration with this role’s team or the related business lines. We utilize a hybrid work model, and our teams are in-office Tuesdays, Wednesdays, and Thursdays. In-person attendance is essential for this role’s success, and remote placement will not be considered. The employer offers relocation, based on actual job level.

Time Zone Requirements

Primarily PT

While the position will primarily work local hours, the employer is headquartered in Pacific Time and our ideal candidate will be flexible working across time zones when necessary.

Travel Requirements

Monthly/quarterly/as needed travel to the employer offices and/or other locations, as needed.

Compensation

The target base salary range for this position is 136,000-155,000. The base salary of the role will be determined by job-related knowledge, experience, education, skills, and location. Base salary is just one part of the employer’s Total Rewards package. You may also be eligible for long-term awards (equity) and an annual bonus (which is based on company performance, employee performance and eligible earnings).
We’re creating new financial services solutions for our members based on fairness, simplicity, and heart, and we treat our employees the same way. We offer a competitive benefits package that includes medical, dental and vision plans for employees and their families, 401(k) match, health and wellness programs, flexible time off policies for salaried employees, up to 16 weeks paid parental leave and more.
Happen Bank is an equal opportunity employer and dedicated to diversity, equity, and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), gender, gender identity, gender expression, sexual orientation, age, marital status, veteran status, disability status, political views or activity, or other applicable legally protected characteristics. We believe that a variety of perspectives will make our teams and business stronger as we work together to transform the traditional banking system.
We are committed to providing reasonable accommodations for qualified individuals with disabilities in our job application process.

Notice on AI Tool Use

For select roles and locations, candidate interviews may be recorded, transcribed and summarized by tools such as artificial intelligence (AI) to assist our hiring managers with the application process.
You will have the opportunity to opt out of recording, transcription, and summarization prior to any scheduled interviews. We will not discriminate against you if you choose to opt out.
During the interview, we will collect the following categories of personal information from or about you: contact information, identifiers, professional and employment-related information, sensory information (audio/video recording), and any other categories of personal information you choose to share with us. We will use this information to evaluate your application for employment.
We will only share your interview, transcription, or summary with persons whose expertise or technology is necessary to process your application, evaluate your fitness for a position, and administer or support the tool. We will not sell your personal information or disclose it to any third party for their marketing purposes. For more information about how we will handle your personal information, please refer to our Privacy Disclosure.
We will delete any recording of your interview promptly but in no event later than 30 days after making a hiring decision.