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EarnestEA

Senior Model Risk Manager

Earnest is a technology-enabled fintech lender headquartered in San Francisco, California, that offers a range of education financing products tailored to the unique needs of its clients.

Earnest

Employee count: 201-500

Salary: 190k-237k USD

United States only

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Earnest empowers ambitious professionals to make confident financial decisions and build the life they envision. The Sr Model Risk Manager will own and evolve Earnest’s Model Risk Management framework, ensuring our credit, loss forecasting, fraud, marketing, and finance models are rigorous, transparent, and built to scale responsibly.

Requirements

  • Own and evolve Earnest’s Model Risk Management framework
  • Lead independent end-to-end model validations
  • Partner closely with Data Science and Risk leaders
  • Oversee model performance monitoring
  • Deliver clear, decision-ready validation reports
  • Serve as a trusted advisor on model governance
  • Hold a Master’s degree in a quantitative field
  • Have 7+ years of experience in model development, validation, or model risk management in financial services
  • Have hands-on experience with statistical and machine learning models
  • Understand regulatory model risk expectations

Benefits

  • Health, Dental, & Vision benefits plus savings plans
  • Mac computers + work-from-home stipend
  • Monthly internet and phone reimbursement
  • Employee Stock Purchase Plan
  • Restricted Stock Units (RSUs)
  • 401(k) plan to help you save for retirement plus a company match
  • Robust tuition reimbursement program
  • $1,000 travel perk on each Earnie-versary to anywhere in the world
  • Competitive days of annual PTO
  • Competitive parental leave

About the job

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Posted on

Job type

Full Time

Experience level

Salary

Salary: 190k-237k USD

Location requirements

Hiring timezones

United States +/- 0 hours

About Earnest

Learn more about Earnest and their company culture.

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Earnest is a technology-enabled fintech lender headquartered in San Francisco, California, that offers a range of education financing products tailored to the unique needs of its clients. Since its founding in 2013, Earnest has focused on making higher education both accessible and affordable for everyone. The company provides private student loans, student loan refinancing, and personal loans, specializing in low-interest rates based on individual financial profiles rather than solely on credit scores. The company’s approach is characterized by merit-based lending, which evaluates a borrower's entire financial situation, including education, employment history, and income potential.

Earnest empowers its clients by offering customizable loan terms and providing tools that allow borrowers to manage their loans effectively. As of now, Earnest has helped over 293,000 clients, refinancing more than $19.6 billion in student loans, making it a key player in the financial technology landscape. The company emphasizes client happiness, with an in-house team available to assist clients through the application process and to provide ongoing support. A founding member of the Fintech Equality Coalition, Earnest is committed to fostering a more equitable financial ecosystem, ensuring that everyone has access to essential financial resources.

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Earnest

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