Aven

Head of Credit

Campbell, California, United States

Not SpecifiedCompensation
Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, Financial ServicesIndustries

Requirements

Candidates must have 10+ years of experience in consumer credit modeling or risk management within a major bank or fast-growing Neo-bank/Fintech. They should have previously taken on this responsibility and demonstrated their ability to shape the direction of credit trends in their portfolio. Proficiency in SQL and experience in Python are required, along with a deep understanding and experience in statistics, experiment design, and machine learning techniques. A Master's degree or Ph.D. in Computer Science, Mathematics, or Electrical Engineering from a top-tier institution is necessary.

Responsibilities

The Head of Credit will hold primary responsibility for the effectiveness of predictive modeling and minimizing credit losses for Aven's products. The role involves being a go-to expert for deep insights and solving new credit problems, switching contexts and operating across the entire stack of work from loan-level decisions to shipping credit models, and engaging with engineers, data architects, and DevOps colleagues. Additionally, they will be responsible for building and deploying credit risk models to production environments and shipping models with step-change improvements in AUC/ROC/KS.

Skills

Credit Modeling
Risk Analysis
Predictive Modeling
Strategic Decision-Making
Data Modeling
Model Deployment

Aven

Web-based solutions with security focus

About Aven

Aven provides web-based solutions with a strong focus on security and data protection. The company utilizes JavaScript technology to enhance the functionality of its platform, which suggests that it offers interactive and dynamic web services. Aven also employs Cloudflare's challenge-platform, indicating a commitment to safeguarding its website from malicious traffic and ensuring the security of its users' data. Unlike many competitors, Aven's emphasis on security may attract clients who prioritize data protection in their online activities. The goal of Aven is likely to deliver reliable and secure web solutions that meet the needs of its users.

Key Metrics

San Francisco, CaliforniaHeadquarters
2019Year Founded
$138.1MTotal Funding
SERIES_DCompany Stage
Enterprise Software, CybersecurityIndustries
51-200Employees

Benefits

Company equity
Remote friendly
Medical, vision, & dental insurance
PTO
Parental leave
Aven Card

Risks

Aven faces a class action lawsuit over a July 2023 data breach.
Rising interest rates could reduce demand for Aven's HELOC Card.
Increased competition from similar fintech products could erode Aven's market share.

Differentiation

Aven offers the world's first home equity-backed credit card.
The Aven HELOC Card combines credit card convenience with home equity benefits.
Aven's product provides lower interest rates than standard credit cards.

Upsides

Aven reached unicorn status with a $142 million Series D funding in July 2024.
The company has issued over $1.5 billion in credit lines since 2022.
Aven has saved customers over $100 million in interest payments to date.

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