Upgrade, Inc. Logo

Upgrade, Inc.

Model Risk Analyst

Sorry, this job was removed at 02:21 p.m. (MST) on Friday, May 30, 2025
Easy Apply
Remote or Hybrid
Hiring Remotely in United States
Easy Apply
Remote or Hybrid
Hiring Remotely in United States

Similar Jobs

3 Days Ago
In-Office or Remote
73K-130K Annually
Senior level
73K-130K Annually
Senior level
Artificial Intelligence • Big Data • Healthtech • Information Technology • Machine Learning • Software • Analytics
Conduct model risk validations, governance, stress testing, back-testing, and effective challenge across the model lifecycle. Develop enterprise risk reports, dashboards, metrics, committee materials, and remediation tracking. Support ERM framework implementation, regulatory examinations, audits, risk trend analysis, issue management, and governance process improvements. Collaborate with model owners, management, and risk committees while using SQL, Python, Excel, PowerPoint, and approved AI tools to analyze data and improve workflows.
Top Skills: ExcelMicrosoft PowerpointPythonSQL
One Month Ago
Remote or Hybrid
Illinois, USA
123K-155K Annually
Senior level
123K-155K Annually
Senior level
Fintech • Machine Learning • Payments • Software • Financial Services
Develop and validate quantitative models supporting loan loss forecasting and allowance for credit losses. Partner with business and model risk teams to enhance analytical frameworks, apply statistical and machine learning methods, automate processes, and build cloud-based data solutions. Analyze large datasets, communicate modeling and validation results, and produce transparent technical documentation and reports for diverse audiences.
Top Skills: Cloud ComputingCross-Sectional Data AnalysisEconometric AnalysisLinear RegressionLogistic RegressionMachine LearningPanel Data AnalysisPythonRSQLStatistical ModelingSurvival AnalysisTime-Series Analysis
2 Minutes Ago
Remote
United States
120K-150K Annually
Senior level
120K-150K Annually
Senior level
eCommerce • Enterprise Web • Information Technology • Software • Database • Analytics • Business Intelligence
Support a portfolio of clients through technical implementation, onboarding, adoption, and growth. Define implementation plans, configure the Quantum Metric platform, develop JavaScript analytics functions, and create alerts, dashboards, and reports. Diagnose script issues using browser developer tools and advise clients on digital performance optimization. The role requires managing multiple client priorities, communicating with technical and non-technical stakeholders, and traveling approximately 10%.
Top Skills: Adobe AnalyticsAdobe TargetAngularBrowser Developer ToolsCSSGoogle AnalyticsHTMLJavaScriptNative Mobile DevelopmentOptimizelyReactTealeafVue

Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to everyday consumers. We were the fastest growing company in the Americas last year according to the Financial Times and Upgrade Card was the fastest growing credit card in America two years in a row. We have delivered over $33 billion in affordable and responsible credit to our 5.5M customers. The company is backed by some of the most prominent technology investors and was recently valued at $6.3B.

We have built an energizing, collaborative and inclusive culture where team members help each other, learn and innovate to move the company and its customers in the right direction, and own the outcome of their efforts.

Upgrade has been named a “Best Place to Work in the Bay Area” three years in a row, “Top Companies to work for in Arizona” and one of the "Best Engineering Department" awarded annually by Comparably. We've also received recognition for being a best company for Diversity, Women, Culture, and Veterans.

We are looking for new team members who get excited about designing and delivering new and better products to join a team of 1850 talented and dedicated professionals. Come work with us if you like to tackle big problems and make a meaningful difference in people's lives.


About the Role:

Our Model Risk Management team plays a critical role in ensuring the integrity and reliability of the machine learning/statistical models used across the company. As a part of Upgrade’s risk function, we provide effective and independent challenges to assess, validate, and mitigate risks related to model development and usage, ensuring they align with regulatory standards and best practices. As a Model Risk Analyst, you will be integral in identifying model risks and strengthening model robustness and performance.


What You’ll Do: 

  • Review and validate statistical/machine learning models for various business areas, including Credit Risk, Fraud, Marketing, and Operations.
  • Review and challenge model methodology, data process, outcome analysis to identify gaps and improve on model performance.
  • Actively research new tools and techniques available for model development and validation.
  • Collaborate with various teams across Upgrade in model validation process: Decision Science, Credit Risk, etc.


What We Look For:

  • Advanced Degree (MS/PhD) in Statistics, Mathematics, Data Sciences or a related quantitative discipline.
  • 0-2 years experience as a Data Scientist, Statistician, or related modeling background. Recently graduated students welcome to apply. 
  • Experience and/or strong interest in latest machine learning techniques (Random Forest, Gradient Boosted Trees, etc.) strongly preferred.
  • Ability to go deep into complex technical topics, understand modeling and algorithms.
  • Proficient in Python. 
  • Ability to write documentation and present analysis to people with different levels of expertise (e.g., technical staff, business leads, etc.).
  • Detail oriented and strong analytical skill set.
  • Proactive, driven, and ability to work in a fast-paced environment.


Nice to Have:

  • Experience with SQL is a plus.
  • Financial services background.

What We Offer You: 

  • Competitive salary and stock option plan
  • 100% paid coverage of medical, dental and vision insurance 
  • Flexible PTO
  • Opportunities for professional growth and development 
  • Paid parental leave
  • Health & wellness initiatives


#BI-Remote  #LI-Remote

For California residents: Upgrade's California Notice at Collection and Privacy Policy describes our practices regarding the collection, use, and disclosure of the personal information of job applicants.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

What you need to know about the Colorado Tech Scene

With a business-friendly climate and research universities like CU Boulder and Colorado State, Colorado has made a name for itself as a startup ecosystem. The state boasts a skilled workforce and high quality of life thanks to its affordable housing, vibrant cultural scene and unparalleled opportunities for outdoor recreation. Colorado is also home to the National Renewable Energy Laboratory, helping cement its status as a hub for renewable energy innovation.

Key Facts About Colorado Tech

  • Number of Tech Workers: 260,000; 8.5% of overall workforce (2024 CompTIA survey)
  • Major Tech Employers: Lockheed Martin, Century Link, Comcast, BAE Systems, Level 3
  • Key Industries: Software, artificial intelligence, aerospace, e-commerce, fintech, healthtech
  • Funding Landscape: $4.9 billion in VC funding in 2024 (Pitchbook)
  • Notable Investors: Access Venture Partners, Ridgeline Ventures, Techstars, Blackhorn Ventures
  • Research Centers and Universities: Colorado School of Mines, University of Colorado Boulder, University of Denver, Colorado State University, Mesa Laboratory, Space Science Institute, National Center for Atmospheric Research, National Renewable Energy Laboratory, Gottlieb Institute

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account