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Hourly Credit Risk Modeling Jobs in California (NOW HIRING)

Calpine

Credit Risk Analyst

San Diego, CA · On-site

$70K - $88K/yr

Calculates and assigns credit risk ratings based upon the output of proprietary scoring models * Initiates modifications of credit limits to existing customers to support increased business ...

Calpine

Credit Risk Analyst

San Diego, CA · On-site

$70K - $88K/yr

Calculates and assigns credit risk ratings based upon the output of proprietary scoring models * Initiates modifications of credit limits to existing customers to support increased business ...

SoFi

Senior Credit Manager

San Francisco, CA

The Senior Credit Manager will work in the Credit team and have responsibilities to analyze and evaluate data to develop and propose value-added credit risk strategies and models for SoFi's lending ...

SoFi

Senior Credit Manager

San Francisco, CA · On-site

The Senior Credit Manager will work in the Credit team and have responsibilities to analyze and evaluate data to develop and propose value-added credit risk strategies and models for SoFi's lending ...

SoFi

Senior Credit Manager

San Francisco, CA · On-site

The Senior Credit Manager will work in the Credit team and have responsibilities to analyze and evaluate data to develop and propose value-added credit risk strategies and models for SoFi's lending ...

Intuit

Manager 2, AI Science

Mountain View, CA · On-site

You will own credit risk modeling for our consumer lending and fast-money products, and you will lead the expansion of our fraud modeling program - across three business verticals: Banking, Workforce ...

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Hourly Credit Risk Modeling information

What is hourly credit risk modeling?

Hourly credit risk modeling is the process of assessing and predicting the likelihood of a borrower defaulting on their financial obligations, with risk evaluated and updated on an hourly basis. This approach is often used by financial institutions and fintech companies that require real-time credit risk analysis for instant lending decisions or ongoing portfolio monitoring. By utilizing real-time data and advanced analytics, hourly credit risk modeling enables lenders to respond quickly to changes in a borrower's financial behavior or external market conditions. This leads to more accurate risk assessments and helps institutions manage their exposure more effectively.

What is the difference between Hourly Credit Risk Modeling vs Credit Analyst?

AspectHourly Credit Risk ModelingCredit Analyst
Primary FocusDeveloping and implementing credit risk models to assess borrower riskAnalyzing credit data to evaluate creditworthiness of individuals or companies
Required SkillsStatistical analysis, modeling, programming, financial analysisFinancial analysis, credit report review, communication skills
Work EnvironmentFinancial institutions, consulting firms, often project-basedBanks, lending institutions, credit departments
CertificationsOften requires CFA, FRM, or similar certificationsTypically requires finance or accounting degrees; certifications like CFA are common

Hourly Credit Risk Modeling involves creating quantitative models to predict credit risk, often requiring advanced statistical and programming skills. Credit Analysts focus on evaluating individual credit data to make lending decisions. While both roles require financial knowledge and may share certifications, their core responsibilities differ: one is model development, the other is credit evaluation.

What are the key skills and qualifications needed to thrive as an hourly credit risk modeler, and why are they important?

To thrive as an Hourly Credit Risk Modeler, you need strong quantitative skills, a background in finance, economics, mathematics, or statistics, and experience with credit risk principles. Familiarity with statistical software such as SAS, R, or Python, as well as knowledge of risk modeling frameworks and regulatory requirements, is typically required. Analytical thinking, attention to detail, and effective communication are crucial soft skills for interpreting data and presenting findings to stakeholders. These skills are essential for accurately assessing credit risk, supporting sound decision-making, and ensuring regulatory compliance in financial institutions.

How does an hourly credit risk modeling professional typically collaborate with other departments within a financial institution?

Hourly Credit Risk Modeling professionals often work closely with teams such as underwriting, data analytics, and IT to ensure credit risk models are accurate and actionable. They may participate in cross-functional meetings to discuss model performance, share insights from data analysis, and implement feedback from business stakeholders. Collaboration is key, as their models directly influence lending decisions, risk management strategies, and regulatory compliance. Regular communication with colleagues helps ensure that risk models stay aligned with evolving business needs and regulatory requirements.

What are the most commonly searched types of Credit Risk Modeling jobs in California?

The most popular types of Credit Risk Modeling jobs in California are:

What are popular job titles related to Hourly Credit Risk Modeling jobs in California?

For Hourly Credit Risk Modeling jobs in California, the most frequently searched job titles are:

What job categories do people searching Hourly Credit Risk Modeling jobs in California look for?

The top searched job categories for Hourly Credit Risk Modeling jobs in California are:

What cities in California are hiring for Hourly Credit Risk Modeling jobs?

Cities in California with the most Hourly Credit Risk Modeling job openings:

Hourly Credit Risk Modeling jobs near you

Senior Data Scientist (Credit Risk)

Achieve

San Mateo, CA • On-site

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 2 days ago

Job description

Company Description
Achieve is a leading digital personal finance company. We help everyday people move from struggling to thriving by providing innovative, personalized financial solutions. By leveraging proprietary data and analytics, our solutions are tailored for each step of our member's financial journey to include personal loans, home equity loans, debt consolidation, financial tools and education. Every day, we get to help our members move their finances forward with care, compassion, and empathetic touch. We put people first and treat them like humans, not account numbers.
Since 2002, Achieve has grown into one of the largest private consumer fintech unicorns in the U.S., with over $40B in enrollments for our industry-leading, tech-enabled debt resolution services business, and over $11Bn in personal and home loans originations via our banking-as-a-service partner.
Job Description
We are looking for an experienced, hands-on Credit Risk, Sr. Data Scientist who is comfortable working with large data sets, coding in SQL and Python and gaining insights from the data and translating the results into actionable insights for business stakeholders. In this role, you will maintain and enhance our credit risk models/policies to monitor the portfolio and gain insights. You will also build and monitor credit risk models with an eye on loss forecasting and communicate the results to different teams such as Capital Market and Marketing. The candidate should have a passion for streamlining processes and building tools which can monitor models/portfolio effectively. You will be a key contributor to our risk management processes.
Key Responsibilities
  • Building, maintaining and enhancing credit risk models for lending portfolios.
  • Extract, clean and manipulate large data sets using SQL and Python; build pipelines and analytics to perform model and portfolio monitoring.
  • Perform exploratory data analysis (EDA) to identify portfolio trends, drivers of loss performance (vintage, credit bands, borrower attributes, macro factors) and provide insight into model deviations.
  • Maintain forecast deliverables: monthly/quarterly loss forecasts by vintage and segment, stress and scenario analyses, sensitivity testing.
  • Provide commentary and insights to business stakeholders on credit policy assumptions, model health, and emerging portfolio risks.
  • Automate reporting, dashboards and pipelines to streamline model monitoring and improve efficiency and accuracy.
  • Document model methodologies, assumptions, data sources and results in clear, audit-ready format consistent with risk governance requirements.
  • Participate in governance and review of credit model methodology, model validation support and liaise with external auditors or regulators where needed.
  • Continuously identify opportunities to improve credit decisioning accuracy, data infrastructure, modeling techniques, and integrate advanced statistical or machine-learning techniques as appropriate.

Qualifications
Required:
  • Minimum of 8 years' hands-on experience in credit risk modeling and portfolio monitoring. For example, roles in model and performance monitoring, tracking charge-offs, delinquencies, vintage analysis, roll-rates, etc.
  • Strong programming skills in Python/SQL for data analysis, modeling and automation.
  • Solid background in Probability & Statistics
  • Experience with pricing and price optimization along with analytics and monitoring related to pricing
  • Experience with credit risk modeling methodologies: Scorecard models, XGBoost, time-series analysis, vintage modeling, roll-rate curves, survival analysis or logistic regression in consumer credit risk context.
  • Familiarity with data visualization tools (e.g., Tableau, Python Widgets) or dashboarding
  • Strong analytical and critical thinking skills; ability to interpret results, identify trends, draw actionable insights and communicate clearly to non-technical stakeholders.
  • Excellent documentation skills and experience in preparing audit-ready deliverables (methodologies, assumptions, model validation support).
  • Master's degree in Economics, Statistics, Mathematics, Data Science or a related quantitative discipline (PhD preferred, but not required).

Preferred:
  • Experience in lending (personal loans or credit cards) or fintech lending environment.
  • Experience with credit risk modeling (development & monitoring)
  • Experience working with credit decisioning engines such as Oscilar, TakTile etc...
  • Experience working in CKLightbox environment
  • Experience working in the GCP environment.
  • A Passion for fintech, agile environment, ability to work both independently and in a collaborative, fast-paced team.

Additional Information
All your information will be kept confidential according to EEO guidelines.
Achieve well-being with:
  • 401 (k) with employer match
  • Medical, dental, and vision with HSA and FSA options
  • Competitive vacation and sick time off, as well as dedicated volunteer days
  • Access to wellness support through Employee Assistance Program, physical and mental health wellness programs
  • Pet care discounts for your furry family members
  • Financial support in times of hardship with our Achieve Care Fund
  • A safe place to connect and a commitment to diversity and inclusion through our six employee resource groups

Note: We will be unable to facilitate H1-B Visa transfer or sponsorship, along with STEM-OPT Visa.
Note: This role will be wokring hybrid out of our San Mateo, CA office.
Salary Range: $165,000 to $185,000 salary + bonus + benefits.
This information represents the expected salary range for this role. Should we decide to make an offer for employment, we'll consider your location, experience, and other job-related factors.
Join Achieve, change the future.
At Achieve, we're changing millions of lives.
From the single parent trying to catch up on bills to the entrepreneur needing a loan for the next phase of growth, you'll get to be a part of their journey to a better financial future. We're proud to have over 3,000 employees in mostly hybrid and 100% remote roles across the United States with hubs in Arizona, California, and Texas. We are strategically growing our teams with more remote, work-from-home opportunities every day to better serve our members. A career at Achieve is more than a job-it's a place where you can make a true impact, have a sense of belonging, establish a fulfilling career, and put your well-being first.
Attention Agencies & Search Firms: We do not accept unsolicited candidate resumes or profiles. Please do not reach out to anyone within Achieve to market your services or candidates. All inquiries should be directed to Talent Acquisition only. We reserve the right to hire any candidates sent unsolicited and will not pay any fees without a contract signed by Achieve's Talent Acquisition leader.
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