Upgrade is a fintech unicorn founded in 2017. We are the fastest-growing company in the Americas (Financial Times). In the last five years, over 15 million people have applied for an Upgrade card or loan, and we have delivered over $10 billion in affordable and responsible credit. Our innovative Upgrade Card is the fastest growing credit card in America (Nilson Report). Combining the flexibility of a credit card with the low cost of an installment loan helps us redefine banking.

Upgrade has been named a “Best Place to Work in the Bay Area” three years in a row, one of the “Top Companies to work for in Arizona”, and we have received awards for being a best company for Diversity, Women, Culture, and Veterans.

We are looking for new team members who get excited about designing and delivering new and better products to join a team of 900 talented and passionate professionals. Come join us if you like to tackle big problems and make a meaningful difference in people's lives.

We're looking for a data-driven and analytical individual to manage the equilibrium of borrower loan demand and investor supply of capital on our platform.

You'll lead monthly loan allocation management and work with members of our Investor Operations, Financial Institutions, and Capital Markets teams to ensure investor orders are filled correctly and efficiently based on a variety of inputs. You'll apply modeling techniques to forecast weekly volumes based on funnel and verification data.

Responsibilities

• Ensure the correct amount of loans are allocated each day to investors based on their individual buy-box criteria, order amount, and portfolio target mix. This will be managed closely according to monthly investor orders.
• Continuously monitor the pending loan funnel when making allocation decisions and make strategic, tactical, and data-informed decisions to increase or decrease allocation to individual investors throughout the month
• Manage monthly investor targets and desired portfolio mix with extreme precision
• Manage and use our internal tools to ensure investor’s eligibility criteria are met during each allocation
• Partner with our Treasury team to manage the use of seasoner and warehouse facilities along with corporate cash when placing loans each day
• Create reporting from allocation data to provide insights to internal stakeholders

Skills

• 2+ years of experience in investment banking or management consulting; Data analytics, allocation forecasting or portfolio management experience at a fintech platform, asset manager, or investment bank
• Bachelors or masters degree in a quantitative field such as mathematics, statistics, engineering, physics, economics, or computer science
• Strong analytical skills with the ability to data mine, analyze, take action, and communicate insights
• Intermediate to advanced knowledge of SQL and ability to model in Excel
• Experienced solving optimization problems

Benefits / Perks:

• Designer office with amazing views of the bay
• Comprehensive benefit package: medical, dental, and vision
• Unlimited vacation policy
• Flexible working environment
• Conveniently located in San Francisco Financial District
• Close to BART and public transportation
• Kitchen stocked with beverages, snacks and treats
• In office game rooms, yoga room, and abundance of lounge space
• Monthly social gatherings

Benefits/Perks

- Competitive salary and stock option plan 

- 100% paid coverage of medical, dental and vision insurance

- 401K match

- Unlimited vacation

- Hybrid workplace

- Learning stipend for personal growth and development

- Paid parental leave

- Health & wellness initiatives

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We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

California Employee Privacy Notice

Effective Date: 1/1/2020

Notice to Applicants for Employment, Employees, and Contractors:

This California Employee Privacy Notice is intended to provide California consumers who are employed or apply for employment or a contractor position with Upgrade information about the categories of personal information Upgrade collects and how the company uses this information. For any questions about this notice, please contact [email protected].

Personal Information Upgrade Collects:

Identifying information: including name, address, email, telephone number, social security number, driver license number, passport number, and other personal identifying information. Information you provide as a part of a job application or from a background check performed after a job offered is extended, including employment, education, credit, and criminal history. Data on work productivity and performance, including hours worked, electronic network activity, and tasks performed. 

Purposes for Collecting Personal Information:

To consider applications for employment. To complete payments, including payroll, expense reimbursement, other compensation-related payments, and the administration of stock options. To administer benefits, including medical, dental, vision, commuter, and retirement benefits. To provide human resources services and conduct performance evaluations. To monitor work eligibility including work-related licenses, credentials, training, and eligibility to work in the United States. To ensure a safe and efficient working environment. To comply with applicable legal or regulatory requirements including state and federal company reporting obligations.