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 FP&A team at Upstart plays an integral part in the company’s business and financial planning process. We are looking for a highly motivated and hard-working leader to join our team to help manage and grow our business, as well as support other operational and strategic decision-making across the organization.
As the Director of FP&A, you will drive and support all aspects of FP&A which includes in-depth short and long term financial and business planning, collaborating with business leaders across the company, and driving analyses for business and strategic cases. Through your efforts, we’ll be able to ensure the Upstart leadership team stays on top of our financial performance and risks. If you want to make an immediate impact, are naturally curious, love data, versed in financial modeling and analysis, and are an excellent communicator who enjoys collaborating with people with a diverse set of talents, this could be a great opportunity for you.
Own the P&L for our core Personal Loan product, driving both short term and long term forecast and ensuring financial accountability and transparency
Provide leadership oversight to the FP&A team that supports Personal Loan and key horizontal functions across Growth, Lending Partnerships, and Operations Onboarding, offering strategic and data driven insights as well as forward-looking recommendations to executive leadership on a regular basis
Develop financial analyses for new initiatives (such as pricing decisions and operational investments) and use financial modeling to demonstrate impact of aligning short and long term priorities with overall business goals; provide appropriate oversight in ensuring priorities are met and business decisions drive positive ROI for the company
Partner and collaborate with various leaders across product, machine learning, growth, and capital funding to provide business insights and develop both tactical and strategic solutions to issues and risks for those areas
Collaborate with internal teams to help build upon and enhance reporting infrastructure and tools for financial analyses, leveraging BI tools such as Looker or Mode
Drive operational excellence in all aspects of forecast and planning, including but not limited to, business metric performance tracking, revenue and expense budget management, monthly close analysis, and forecast and reporting deliverables
Support key corporate financial deliverables, including but not limited to, earnings preparation, guidance setting, business reviews, and other ad-hoc analyses
Coach and manage a team of three (two Finance Managers and one Sr. Financial Analyst), fostering growth, accountability, and high performance.
Minimum Requirements:
- BS/MS Degree in Finance, Accounting, Economics, Statistics or equivalent practical experience
- 13-15 years of relevant work experience (eg. FP&A, Corporate Finance, Strategic Finance, Business Operations/Analytics) with increasing responsibility
- Experience with 3-statement financial modeling and forecasting and building models from scratch
- Demonstrated FP&A breadth with progressive responsibility, owning P&Ls & budgets, leading forecasting cycles, partnering with execs, and managing teams that handle complex financial models.
- Highly competent in Excel and/or Google Sheets: excellent financial modeling skills and ability to perform complex analyses with big data sets required
- Proven track record in demonstrating well-developed strategic, analytical, interpersonal, organizational and communications skills
- Strong communication and executive presentation skills
- 5–7 years of managing and building teams, often including leading managers (not just individual contributors)
Preferred qualifications
- Experience with NetSuite or equivalent accounting system
- Experience with financial planning software such as Adaptive, Anaplan, or Hyperion
- Experience with BI tools such as Looker, Tableau or Mode
- Experience with advanced data analytics tools such as SQL, Python or R
- Previous consumer marketplace lending industry experience
- MBA preferred
What you'll love:
- Competitive Compensation (base + bonus & equity)
- Comprehensive medical, dental, and vision coverage with Health Savings Account contributions from Upstart
- 401(k) with 100% company match up to $4,500 and immediate vesting and after-tax savings
- Employee Stock Purchase Plan (ESPP)
- Life and disability insurance
- Generous holiday, vacation, sick and safety leave
- Supportive parental, family care, and military leave programs
- Annual wellness, technology & ergonomic reimbursement programs
- Social activities including team events and onsites, all-company updates, employee resource groups (ERGs), and other interest groups such as book clubs, fitness, investing, and volunteering
- Catered lunches + snacks & drinks when working in offices
#LI-REMOTE
#LI-Director --> use for L7
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
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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.
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Upstart Offices
Remote Workspace
Employees work remotely.
Upstart has a digital-first model enabling most Upstarters can live and work anywhere in the U.S. We also offer in-person options from our office locations in San Mateo, California; Columbus, Ohio; and Austin, Texas.
