Reports To:                           Chief Risk Officer and SVP-Finance

Location:                               Burlington, MA

Business Overview:

Join TimePayment in our mission to expand our top-quality service to the nation’s equipment buyers and sellers. For more than 30 years, we have provided equipment lease financing options to over 800,000 customers.  Our unique blend of dedicated team members and market leading technology has earned us accolades from over 30 different industries. Through our network of 10,000+ independent equipment vendors, and utilizing our multi-level credit scoring model, we are able to provide finance solutions to a wide range of customers - from large corporations, to small businesses, including new entities.

Our diverse team of employees work hard, but we know how to keep it fun. We enjoy a generous benefits package, a casual working environment, and opportunities for career growth. TimePayment is conveniently located with plenty of nearby amenities.  Whether you are looking for a strong training program that encompasses a “classroom to office” transition, you’re a seasoned professional looking for career advancement, and/or are looking to work on new and exciting projects, we've got a place for you. Apply to join our dynamic team today!

TimePayment Corp. is a private company owned by Fortress Investment Group of New York. Fortress is a leading, highly diversified global investment firm with $36.1 billion in assets under management and operates within The SoftBank Group as an independent business.  The SoftBank Group is comprised of a global portfolio of companies, which includes advanced telecommunications, internet services, AI, smart robotics, IoT and clean energy technology providers and has over $93 billion in committed capital. 

Follow us:            @TimePayment on Twitter | TimePayment on Facebook

Website:                www.timepayment.com

Job Summary:

Reporting directly to the Chief Risk Officer for TimePayment, the Senior Quantitative Risk Analyst leads risk analysis for the entire TimePayment lease portfolio of over $300MM. In this fast-paced, high growth, and constantly evolving environment, this role provides oversight of identifying key insights to drive sound business decisions that balance growth and risk. In addition, the Senior Quantitative Risk Analyst will help develop a risk management culture, lead projects, analyze data, develop credit risk models, scorecards and coordinate solutions directly with the Corporate Credit Committee (Chairman, CEO, CFO, CRO, Operations).

Key Responsibilities:          

• Analyze vast amounts of data (both internal and external sources)
• Deliver statistically sound credit risk scoring models based on hard data
• Participate in Credit Committee to develop risk management principles / culture and portfolio quality segmentation and reporting
• Partner cross-functionally with sales, legal, ops, IT, and finance to optimize strategies, develop reporting to audit and track adherence to credit standards, and drive growth
• Develop scenario forecast models to determine likely range of outcomes
• Closely follow market trends to stay ahead of and mitigate risk
• Lead projects as needed

   

  Required Experience, Education, Skills and Competencies:

• Minimum of 3 years of experience in financial services credit/risk management
• Strong communication skills / ability to effectively interact directly with both C-suite and front-line employees
• Top-tier analytical skills
• Strong desire to succeed and sense of urgency in identifying solutions
• Team player and ability to influence others
• Mastery of excel modeling / big data analysis (advanced SAS fluency strongly desired)
• Familiarity with credit bureau data would be a plus
• An undergraduate degree in Finance, Risk Management, Economics, Statistics or equivalent.

   

  Additional Requirements:

• Leasing and/or banking experience a plus
• Extremely proficient with Microsoft Office suite of products