Renovate America: Sr. Data Scientist – Origination Risk

Quantitative analysis with experience working in the financial industry. Work together with the Risk Management team and focus on origination risk for unsecured lending products.

Renovate America At: Renovate America
Location: San Diego, CA

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Renovate America is the leader in Property Assessed Clean Energy (PACE) financing with 90% market share. PACE financing enables homeowners to borrow money to pay for certain home energy and water improvement products and repay it through their property tax bill. Among other unique features PACE financing offers consumers low payments, tax-deductible benefits and if a property is sold any remaining balance can be legally transferred to the new owners. HERO is becoming the go-to-solution for contractors and consumers seeking to finance energy efficient improvements because it is often the most affordable solution with the best consumer protections available.

RA is a profitable, VC-backed specialty finance company headquartered in San Diego, CA. RA has originated over $600 million in HERO financing and expects to originate in excess of $1 billion in 2015. The Company has grown from 28 employees in 2012 and will grow to 450 employees by the end of 2015.

Sr. Data Scientist (Origination Risk)

Purpose and Description:
  • Renovate America (RA) is looking for a highly motivated Sr. Data Analyst specializing in quantitative analysis with experience working in the financial industry.
  • This role works together with the Risk Management team and focuses on origination risk for unsecured lending products.
  • The Sr. Data Analyst gathers and analyzes data from various sources, develops reports and visual representations, and supports business decisions with analyses.

Essential Functions:
  • Conduct analyses to assess origination performance and impacts to mitigate risk
  • Investigate and solve business issues and identify opportunities through the analysis of data (both internal and external data sets)
  • Translate business requirements into analytic solutions, models and data requirements
  • Interact with business users to understand and interpret requirements, especially consumer lending initiatives
  • Design ad-hoc analyses to address business needs
  • Develop underwriting criteria and strategies for unsecured products

Required Experience:
  • Graduate degree in an analytical discipline (e.g., Econometrics, Financial Engineering, Statistics, Computer Science, Engineering, Mathematics, or related discipline)
  • 3+ years' experience in a financial services industry setting (w/credit bureau data experience a definite plus)
  • Full understanding of data sources and limitations, pulling data, and working with large data sets
  • Experience in statistical and financial model development
  • Experience with SQL, Data Analysis/Analytics
  • Experience w/SAS or similar analytics platform

  • Creative problem solving and a passion for data mining
  • Exceptional business acumen and ability to explain business significance using data and analysis
  • Excellent communication skills
  • Proficiency with MS Excel

Renovate America is constantly innovating with one goal in mind: to empower homeowners. Our HERO Program utilizes proprietary software to make it easy, safe, and affordable for homeowners to invest in water and energy efficiency upgrades.

With the feel of a technology start-up, our team makes a true impact by taking on work that matters. We believe fearless leadership and open collaboration foster big ideas that can change the future, and our work environment reflects this. Additionally, we have found that providing perks like above-average health benefits and free catered lunch every day helps strengthen our culture. These benefits and more have given us the prestigious honor of being named one of San Diego's Best Places To Work (2015, San Diego Business Journal).

If you thrive in a fast-paced environment and have a passion for creating an energy efficient future, you could be part of our growth story.