Pagaya Head Portfolio Risk Analytics 

United States, New York, New York 

711390277

Responsibilities

• Portfolio Risk Monitoring: Design and implement a comprehensive portfolio risk monitoring framework to identify, measure, and oversee risks across asset classes and financing vehicles throughout the consumer loan lifecycle.
• Performance Analysis: Regularly monitor portfolio flow and performance, identifying outperforming and underperforming segments to inform flow rebalancing strategies.
• Risk Assessment: Provide insights on expected loss and profitability profiles for comparison against first-line estimates.
• Macro and Capital Market Risk: Develop a framework to identify, monitor, and analyze macroeconomic and capital market risks affecting the business.
• Risk Appetite Framework: Lead the design and implementation of a risk appetite framework tailored to the unique dynamics of Pagaya’s business.
• Portfolio Construction: Create a holistic portfolio construction and optimization framework that integrates results from portfolio monitoring, macroeconomic analysis, and capital market insights.
• Cross-Functional Collaboration: Work closely with modeling, product, finance, and business teams to ensure effective execution of the risk appetite framework.
• Stress Testing and Sensitivity Analysis: Design and implement a robust framework for stress testing and sensitivity analysis, addressing the specific needs of the organization.
• Proactive Risk Management: Establish early risk indicators and develop scenario-based playbooks to facilitate proactive risk identification and rapid mitigation.

Requirements

• Experience: A minimum of 10 years in senior roles within consumer finance risk management and analytics; an MBA or Master’s degree in a relevant field is required.
• Industry Knowledge: Extensive experience in credit cards and unsecured lending with leading financial institutions.
• Regulatory Understanding: Strong knowledge of U.S. consumer lending regulations and compliance expectations.
• Analytical Expertise: Deep understanding of consumer portfolio dynamics, combining granular analysis with macroeconomic factors, risk appetite, and strategic objectives.
• Communication Skills: Exceptional analytical, strategic, and communication skills.
• Technical Proficiency: Proficient in statistics, machine learning, and optimization techniques, with familiarity in modern financial services technology and functional risk needs.
• Preferred Skills: Expertise in consumer Asset-Backed Securities (ABS) trading, valuation, and risk management is a plus.

Our Values

• Continuously Learn - We challenge ourselves for the sake of getting better as individuals, as teams, and as an organization to deliver for our partners.
• Debate and Commit - We respectfully and openly debate to strengthen our ideas and build shared conviction - once we decide, we go all in, together.
• Dream Big and Act - We boldly tackle complex problems, pressure-test solutions in real-time, and adapt with speed and energy.
• Advance Inclusion - We create a world where everyone can win, designing systems that better represent people and generate sustainable value for our employees, partners and investors.
• Be Accountable Together - We proudly own our actions and our results, taking initiative to ensure our work gets over the finish line as a team.