At Prospa, we exist to unleash the potential of every small business. We are building the future of small business and simplifying cashflow by building a leading platform that helps customers make payments, fund growth and reduce admin.

The role

Working in the Credit Risk team, you’ll play a critical role in managing, maintaining and uplifting Prospa’s credit risk management framework. As a Lead Analyst, you’ll do this by building robust statistical models to evolve and maintain ‘best practice’ risk management within the business across PD, LGD and EAD models. You’ll also drive audit outcomes, support our financial reporting and budget setting process in partnership with our Finance team.

What you will be doing

• Ongoing development of credit loss models.
• Maintaining Expected Credit Loss Models that are compliant with legislation, regulatory requirements Prospa governance frameworks and policies.
• Developing and implementing forward looking scenarios into Expected Loss calculation/s
• Providing insights into the drivers of Expected Credit Loss Models
• Developing model monitoring frameworks to measure predictive power, stability, and calibration of credit models
• Developing and maintaining portfolio arrears forecasts methodologies

What you'll need to succeed

• Relevant qualification in Finance, Commerce, Actuarial Science, or a quantitative discipline
• Hands on experience in building credit risk models such as PD, LGD, EAD models for decisioning, IFRS9 or Regulatory Capital purposes
• Experience in the Regulatory and IFRS 9 landscape
• A solid technical grounding in SAS, R, Python or SQL and Tableau
• Experience within a similar role in financial services will be advantageous
• A solid technical grounding in SAS, R, Python or SQL and Tableau
• Excellent written and verbal communications skills
• Excellent stakeholder management and business partnering skills

Don't let a confidence gap get in the way of submitting your application.

What we offer:

As a busy grow getter, our benefits are here to help you be unstoppable in your mission. Whether it's a lofty career goal, investing in your family, saving the planet or simply feeling fulfilled:

• Growth: There's something for everyone including learning days, a learning allowance, leadership programs, performance coaching & digital learning
• Wellbeing: Think fitness initiatives, seasonal programs (including massages, skin checks, family picnics and coffee carts), additional "Me Days" and access to holistic EAP coaching.
• Lifestyle: Find your fit with flexible working options, top notch office facilities and diverse remote/ travel work options. You can also purchase additional leave and take up to 18 weeks paid parental leave
• Impact: Join a business that has committed to becoming carbon neutral by June 2024. And you can tap into volunteer days, our partnership with Kiva and join a range of employee resource groups.

Why Prospa?

We’re a Best Workplace in Australia for 2023! We embrace diversity in our people and our thinking. You'll find an environment where there's always something new around the corner. It's collaborative, inclusive and respectful. A place where we celebrate who you are, naturally.

We're building the future of small business finance. Join us!

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