About Upstart
Upstart is the leading AI lending marketplace partnering with banks and credit unions to expand access to affordable credit. By leveraging Upstart's AI marketplace, Upstart-powered banks and credit unions can have higher approval rates and lower loss rates across races, ages, and genders, while simultaneously delivering the exceptional digital-first lending experience their customers demand. More than 80% of borrowers are approved instantly, with zero documentation to upload.
Upstart is a digital-first company, which means that most Upstarters live and work anywhere in the United States. However, we also have offices in San Mateo, California; Columbus, Ohio; and Austin, Texas.
Most Upstarters join us because they connect with our mission of enabling access to effortless credit based on true risk. If you are energized by the impact you can make at Upstart, we’d love to hear from you!
The Team:
Upstart’s Capital Markets team plays a pivotal role in securing loan funding capital for our AI lending marketplace. We collaborate with leading institutional investors across a diverse range of financing and funding solutions, including securitizations, whole loan sales, co-investment partnerships and other structured transactions.
As the Credit & Capital Risk Management Associate at Upstart, you will support key risk management initiatives for Upstart’s loan portfolios and co-investment structures. In this role, you will analyze and interpret complex credit underwriting and performance drivers within our AI-based lending models. Your insights will shape our risk management strategies and investor narratives in a highly dynamic and evolving market.
Position Location - This role is available in the following locations: Remote
Time Zone Requirements - This team operates on the East/West Coast time zones.
Travel Requirements - As a digital first company, the majority of your work can be accomplished remotely. The majority of our employees can live and work anywhere in the U.S but are encouraged to to still spend high quality time in-person collaborating via regular onsites. The in-person sessions’ cadence varies depending on the team and role; most teams meet once a month or once a quarter for 2-4 consecutive days at a time.
How you’ll make an impact:
- Assist in monitoring and managing credit risks across Upstart’s loan portfolios and investment structures.
- Conduct data-driven analysis to assess credit performance trends and underwriting dynamics.
- Support the development of investor-facing credit narratives and advocacy on AI-based credit underwriting models.
- Collaborate cross-functionally with capital markets, analytics and finance teams to enhance risk assessment frameworks.
- Support internal and external reporting requirements on our risk capital or co-investment structures.
What we’re looking for:
- Minimum requirements:
- Bachelor’s degree in Finance, Economics or a related field.
- 2-5 years of experience in credit risk, capital markets, structured finance, or a related area.
- Strong analytical skills with ability to manage complex cashflow models
- Excellent communication skills, with the ability to translate complex analyses into clear insights.
- Preferred qualifications:
- Proven success in working in a fast-paced, dynamic environment
- Familiarity with AI-based underwriting models is a plus
- Experience working with large datasets (SQL, Python, or VBA)
At Upstart, your base pay is one part of your total compensation package. The anticipated base salary for this position is expected to be within the below range. Your actual base pay will depend on your geographic location–with our “digital first” philosophy, Upstart uses compensation regions that vary depending on location. Individual pay is also determined by job-related skills, experience, and relevant education or training. Your recruiter can share more about the specific salary range for your preferred location during the hiring process.
In addition, Upstart provides employees with target bonuses, equity compensation, and generous benefits packages (including medical, dental, vision, and 401k).
Upstart is a proud Equal Opportunity Employer. We are dedicated to ensuring that underrepresented classes receive better access to affordable credit, and are just as committed to embracing diversity and inclusion in our hiring practices. We celebrate all cultures, backgrounds, perspectives, and experiences, and know that we can only become better together.
If you require reasonable accommodation in completing an application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please email [email protected]
https://www.upstart.com/candidate_privacy_policy
Upstart Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Upstart and has not been reviewed or approved by Upstart.
-
Retirement Support — A 401(k) “2:1 matching” program is prominently advertised, indicating substantial employer support for retirement savings. Retirement is clearly positioned as part of the core benefits offering.
-
Equity Value & Accessibility — Annual equity grants and an Employee Stock Purchase Plan expand ownership opportunities. These ownership elements are consistently highlighted alongside cash compensation.
-
Flexible Benefits — A digital‑first, remote‑friendly model with flexible time off, home‑office/productivity stipends, and intentional in‑person moments supports varied work styles. Onsite meals and team events add value when working from company offices.
Upstart Insights
Similar Jobs
What We Do
Upstart is the leading AI lending marketplace, connecting millions of consumers to more than 100 banks and credit unions that leverage Upstart’s AI models and cloud applications to deliver superior credit products. With Upstart's AI, lenders can approve more borrowers at lower rates across races, ages, and genders, while delivering the exceptional digital-first experience customers demand. More than 80% of borrowers are approved instantly, with zero documentation to upload. Founded in 2012, Upstart’s platform includes personal loans, automotive retail and refinance loans, home equity lines of credit, and small-dollar “relief” loans. If you are energized by the impact you think you could make at Upstart, we'd love to hear from you!
Why Work With Us
Connection to our mission creates a special environment where people feel passionately about the impact they make in the world. Upstart is fast-paced, and we encourage ownership at all levels of the organization. As a result, culture at Upstart is driven by Upstarters. Upstarters are proactive, talented, multi-dimensional and collaborative.
Gallery
