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Credit Risk Analyst

About Our Company

It’s not just a job.  It’s a mission. If you’re as passionate as we are about empowering the small businesses of America, then you’ll be right at home with us.

RapidAdvance is the nation's leading provider of alternative financing solutions for small and mid-sized businesses. When traditional sources of funding are beyond reach, we open doors for small business owners, providing access to the working capital that they need. With RapidAdvance, growing businesses can achieve their goals and reach even higher.  

Our company is expanding into the future.  We are aggressively investing in our people and technology as we aim to create a best-in-class experience for our clients.  Let us invest in you.

About the Opportunity

The RapidAdvance Credit Risk team is becoming more and more complex, and we are seeking an experienced, bright and motivated individual who can immediately begin to contribute to our Credit Analytics function. This role will focus on building, managing, and publishing Credit Risk and Portfolio Monitoring tools. In addition, the role will perform research on the company’s applicant and transaction history in order to build predictive models of Credit Risk.

The work generated by this role and the team will be visible to a number of teams.  There will be considerable interaction with the Marketing, Revenue, and Technology teams along with regular interaction with the Executive team. As such, and despite this being a heavily quantitative role, strong communication skills are a must.

The Credit Risk Analyst will report to the Credit Team Lead and will be located at our home office in Bethesda, Maryland.   Key responsibilities will include but are not limited to:

  • Analyze applicant, credit, and transaction variables to support growth and new product development
  • Support model development and implementation
  • Deliver analysis to support product and pricing updates which meet economic objectives
  • Create and oversee tools that will illuminate the characteristics and trends in the portfolio
  • Run ad-hoc analytics to provide insight behind developing credit trends
  • Work closely with the technology team to analyze the data environment, support the addition of new data sources, and implement decision models

About You

  • You don’t wait around for answers – you go and find them.
  • You possess outstanding quantitative, analytical and problem-solving skills. 
  • You can thrive in dynamic environments that require balancing competing priorities, meeting critical deadlines and adapting to change.
  • You are an Excel guru and are comfortable with the full range of advanced functions for the sake of model building and data culling.
  • You produce a work product that is comprehensive, formatted for an executive audience, reflects appropriate messaging and uses correct grammar and punctuation.
  • You can communicate clearly, concisely and with impact – both one-on-one and presenting to small groups.
  • You possess a Bachelor’s Degree in Business, Finance, Economics, Mathematics, Statistics, Physics or a comparable field (or possess equivalent experience).
  • You have at least one year of work or internship experience, preferably in the lending or credit card industry in an analytical or quantitative finance function.
  • You have had some exposure to one or more of the following tools:
    • Report Writing: Tableau, SAP BI, Crystal Reports, QlikView, or similar
    • Statistical Modeling: SAS, R, Python or similar
    • Presentation & Workflow: PowerPoint, Prezi, Visio or similar

Sound like you?  You’ll be a serious contender if:

  • You have a Master’s degree in Applied Statistics, Applied Mathematics, Economics or a similar quantitative discipline.
  • You have an understanding of SQL (or similar RDBMS languages).
  • You are adaptable.  You can be flexible and enjoy working in a fun & exciting team environment. Expect a fast pace, energy and the occasional flying ping pong ball.
  • You want to make an impact.  We are a rapidly growing business, and you will have the opportunity to make a significant impact on our clients, our culture, and our future. 
  • You share our passion for the small businesses of America and have a desire to be part of something bigger than yourself.

Why RapidAdvance?

RapidAdvance seeks the best and brightest.  To us, finding and keeping A-talent is as important as closing a million-dollar deal. That’s just one of the reasons why we have been so successful, growing more than 20 percent every year.

Our team benefits from a commuting or parking allowance, employer-matched 401(k), tuition reimbursement, paid time off, and more.  Just steps from the metro, our beautiful new office includes a modern open floor plan, free on-site fitness center, a gaming area, stocked kitchen, and other cool amenities. 

Discover what a career with RapidAdvance can do for you.  Visit our careers page today to learn more about the other opportunities we currently have available.

The Disclaimer: This job description is an outline of the primary responsibilities of this position. As with everything in life, things change. The tasks and responsibilities can be changed, added to, removed, amended, deleted and modified by a variety of similar adjectives at any time by the leadership team. 

RapidAdvance is an equal opportunity employer and committed to a diverse workforce.

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