Prodigy Finance is a platform that enables financing for international postgraduate students at the world’s best universities, whilst delivering competitive financial and social returns to alumni, institutional and private investors.
This borderless and innovative model enables education loan financing to students from across the globe, whilst using predicted post-degree affordability rather than present-day salary. Since 2007, Prodigy Finance has processed over US$300 million through the platform to fund students from 118 nationalities, with exceptionally strong repayment rates.
Our team of 110 (and growing) is already truly global. Our head office is in London but the majority of the team is based in beautiful Cape Town. We also have an office in New York plus team members based across Europe and Asia.
We are funded by some of the best, pre-eminent institutions and entrepreneurs in the world.
Why this is an amazing opportunity
This role is perfect for an experienced, confident and results driven individual who thrives in a complex environment and who wants to supercharge their career by experiencing first-hand what it is like to be part of an energetic, extremely fast growing company.
We are a non-hierarchical, non-corporate team; this means that you are going to get exposure to all aspects of our business immediately. You’ll gain as much accountability as you can handle and have an influence on building the company.
The sense of impact and reward will be huge. You will help to build a platform that helps to make a very real difference in the world. The platform is complex - it has to be, because we make it possible for students from more than 100 countries to obtain the finance to fulfil their dream of studying at the world’s top universities and schools. Be a part of delivering socially responsible financial services to the masses.
Our team is very international and very sociable; you will interact with everyone in the business around the world on a regular basis. Being an organisation that’s passionate about education; we place a high value on learning and personal growth, so you’ll have time to learn new skills in work time and at the company’s expense.
Why join Prodigy Finance
What you will do in the role
Due to our continued growth and success, we are looking for an experienced manager to look after the credit risk of our growing students loans portfolio. This person will be fully accountable for setting Prodigy Finance’s credit risk management policies and practices.
The ideal candidate would be pragmatic and results focused, knowing how to work with a highly educated, mobile and rapidly growing customer base, originating from over 118 countries.
Prodigy’s portfolio is at inflection point in a few dimensions: exponential growth in new students, a fast-growing repayment book and an increasing amount of transactional level data; which makes it an exciting time to join the team in order to take credit risk practices to the next level as well as carry on building some necessary foundations in the credit risk space.
The role will be focused on and responsible for key credit risk areas such as:
The role will require strong influential and interpersonal skills with other credit risk functions to include the Originations Credit Risk Manager and Collections Operations Manager, as well as with all other EXCO-level functional heads. This role will serve as an important contributor to the Credit Risk Committee. It will report into the Chief Risk Officer and will be considered a senior role in the Prodigy global team.
Importantly, this individual should devise strategies that will ensure we treat customers with respect, and courtesy; and equally importantly in line with FCA guidelines of CONC, TCF and other codes of conduct and ethics (e.g. CSA).
What you need to be great at
Who we are looking for; track record must haves
Experience that would be nice to have (but we’ll trade off if everything else fits)
The Prodigy Finance fit; attributes which run true in everyone at Team Prodigy
To be an A player at Prodigy Finance, you need to possess – in spades - the following attributes:
Innovative + Smart
Be curious enough to want to know more, think out the box, maybe even break the box, show initiative and be smart about it to find implementable, impactful solutions.
International + Accountable
Push yourself to be better every day. Work with others across the world, be resilient, add value and then hold yourself accountable. Encourage and celebrate each other.
Energetic + Fun
Sense of humour = survival. Bring energy and fun. Wear your heart on your sleeve. Work hard and find the time to play. We’re in this together.
Do you want to be our next Credit Risk Portfolio Manager? Here’s what to do now:
If this sounds exciting and you'd like to have an informal chat, get in touch below and tell us why you want to work at Prodigy Finance.
Prodigy Finance’s global platform enables aspiring international students to gain access to postgraduate education at top-ranked schools whilst delivering market rate returns and social benefits to investors