Fair Lending Analyst

About Pagaya

Pagaya is a global technology company making life-changing financial products and services available to more people nationwide, as it reshapes the financial services ecosystem. By using machine learning, a vast data network and a sophisticated AI-driven approach, Pagaya provides comprehensive consumer credit and residential real estate solutions for its partners, their customers, and investors. Its proprietary API and capital solutions integrate into its network of partners to deliver seamless user experiences and greater access to the mainstream economy. Pagaya has offices in New York and Tel Aviv. For more information, visit pagaya.com.

About the Role:

As part of Pagaya’s Risk Management team, you will be a part of a growing organization within the company. The Risk Management department’s mission is to analyze, review, and mitigate risk in decision making processes across Pagaya. 

As part of your role, you will:

• Review and analyze machine learning models and credit policies to determine the presence of any disparate impact using banking industry standard metrics
• Build a detailed reporting process to assess on a quarterly and annual basis the continued compliance of Pagaya’s credit models with regulatory requirements
• Collaborate with Pagaya’s Research team to develop less discriminatory alternative models when needed and provide complete documentation of the process
• Perform comprehensive evaluations of portfolio performance by demographics to enhance fair lending reporting and analysis
• Work closely with cross-functional teams, such as research, portfolio operations, product, and engineering, to identify the fair lending risks of new models and/or policies
• Prepare on demand data analysis and reports for Pagaya’s various stakeholders including management using Python/SQL/other data analysis instruments, processing large and complex data sets
• Gain a wide knowledge of Pagaya’s operational, business, and technological activities in order to add value and support achieving Pagaya’s goals

Requirements:

• 3+ years experience in both of the following:
• Banking, finance, or other relevant data-driven roles within an international organization 
• One or more of the following areas: fair lending analysis, credit risk modeling, financial consulting, business strategy, or relevant data operations
• B.A/M.A/MBA graduate (Economics, Statistics, Finance or similar quantitative disciplines) with an exceptional academic track record
• Experience analyzing data using Python (pandas, seaborn, etc.); SQL a plus. 
• Excellent communication and presentation skills.
• Proven experience in identifying and analyzing deficiencies, driving solutions and mitigations
• Very high level of English (verbal and written), including the ability to write and present articulated documentation and processes in English. The role requires daily proficiency in both Hebrew and English - written and spoken.
• Ability to work in a fast-paced environment and get things done
• Ability to independently learn new subjects and understand the impact on the day to day of an existing organization.

Advantage

• Experience in banking, credit risk or other financial companies
• Proven experience in financial data modeling
• Experience in data visualization tools such as Looker / Tableau etc.
• Experience in Fintech, or other relevant data-driven companies
• Experience with US Banking regulations, including Fair Lending laws

Our Team

Pagaya was founded in 2016 by seasoned research, finance, and technology entrepreneurs, and we are now 500+ strong in New York, Los Angeles, and Tel Aviv.

We move fast and smart, identifying new opportunities and building end-to-end solutions from AI models and unique data sources. Every Pagaya team member is solving new and exciting challenges every day in a culture based on partnership, collaboration, and community.

Join a team of builders who are working every day to enable better outcomes for our partners and their customers.

Our Values

Our values are at the heart of everything we do. We believe great solutions are built through a great community.

• Advance Inclusion- We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
• Be Accountable Together- We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.
• Continuously Learn- We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
• Debate and Commit- We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
• Dream Big and Act- We boldly tackle complex problems, pressure-test solutions in real-time, and adapt with speed and energy.

More than just a job

We believe health, happiness, and productivity go hand-in-hand. That's why we're continually looking to enhance the ways we support you with benefits programs and perks that allow every Pagayan to do the best work of their life.

Pagaya is an equal opportunity employer. Pagaya is encouraging diversity and actively seeking applicants from all backgrounds, as are committed to creating a diverse workforce together with an inclusive environment for all. Employment is decided on the basis of qualifications, skills, and business needs.

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