Job Description
Kabbage is blazing a trail in big data & fintech and we are looking for a Data Analytics team member to join us as we continue our amazing growth trajectory.
Kabbage is more than a lender for small businesses; our data and technology platform is now being used as a fully branded product by other lenders, and our products are expanding. We’ve received numerous awards & recognition, including Glassdoor’s 2017 Best Places to Work, “36th fastest growing company in the US” on the INC 500 List, Fast Company’s "Top 10 most innovative companies in finance" and Forbes' "America’s Top 100 Most Promising Companies" among others.
What you’ll be doing:
- Provide credit solution to support the company’s consumer and commercial lending activities
- Develop customer acquisition, marketing, credit risk management, portfolio management and other business intelligence solutions through cross functional team engagements and research
- Manage large scale projects that include vendor scores and technological implementation assessments
- Leverage customer data and transactional unstructured data to build risk segmentation and mitigation strategies
- Complete complex analyses identifying authentication strategy and procedure gaps, manage implementation process across all credit life cycles to affect change
- Work with Technology team to drive availability of relevant data, tools and infrastructure
What you should have:
- 8+ years' professional work experience in analytics and data science Preferably from banking or lending industry in consumer or/and commercial portfolio
- Well versed in statistical methodology including parametric test, hypothesis testing and regression.
- Familiarity with the dashboarding and data visualization tools and technologies.
- Hands-on work experience with at least 2 of the languages among SQL, Python and R
Bonus points:
- Big Data Environment tools and technologies used in Hadoop
- Predictive modeling experience – risk, marketing, fraud models and scorecards development.
- Knowledge of US consumer/commericial lending and credit risk management practices – credit card, personal loans, SME and mortgage lending experience
What we're looking for in you:
- Must be comfortable with a rapidly-changing workspace
- The successful candidate will have a demonstrable analytic, problem solving, and leadership skills
- A perfectionist who tempers it with deadlines
- Experience and desire for working in a fast-paced, ever-changing environment
- Must have excellent communication and influencing skills, and be able to work across multiple groups with ease
- A positive “can do” attitude
- A constant drive to improve the experience of our users and our internal processes: "How can I make things better?"
- Ability to remain focused and work in an open work place with frequent distractions
Why Kabbage?
- Our people! We are very proud of our people, our products, and our fun, friendly, and passionate culture.
- Equity – everyone’s an owner!
- Full coverage of individual health benefits
- Fully stocked kitchen & catered lunches daily
- Casual work environment – just cover all of the requisite parts!
- Top of the line hardware
Kabbage, Inc. is a financial technology and data company pioneering a new, automated way for small businesses to access working capital. The company simplifies the manual application process to one that is 100% online and automated. Businesses can use their business data to submit an application online and receive an answer in minutes instead of waiting weeks and filling out numerous forms like traditional lending methods. Businesses can access ongoing lines of credit up to $250,000.
Kabbage leverages business data generated such as revenue, accounting data, business transactions, shipping data, social media and other sources to understand a business’s overall health and calculate credit lines throughout the customer lifecycle.
The company began serving online merchants in 2011 and extended its automated lending platform to all small businesses – online and brick-and-mortar – in February 2014.
In November 2013, Kabbage expanded its business to mobile with an iOS and Android app that enables users to apply or access their funds from their smartphones.
Kabbage used to provide a consumer lending product, Karrot, but it is no longer available.
Kabbage expanded the application of its platform in March 2015 by licensing the data and technology platform to power lending for other organizations. The company was named one of Forbes magazine’s Most Promising Companies list for the second year in a row. Kabbage further extended its lending reach in May 2015 with the announcement of the new Kabbage Card, which gives businesses the ability to pay for items at the point of sale with a purchasing card tied to their Kabbage account. Kabbage also collaborated with MasterCard in May 2015 to make Kabbage’s data and technology platform available through MasterCard’s network of acquirers.
In August 2015, Kabbage was named the 36th fastest-growing private company in America on the Inc. 500 list. In October 2015, Kabbage completed a Series E funding round of $135 million led by Reverence Capital Partners. Holland’s ING, Spain’s Santander (via InnoVentures, Santander's venture capital arm); and Canada’s Scotiabank also participated in the round. Kabbage also announced a strategic partnership with ING to deliver instant capital to small businesses throughout Spain.
In June 2016, Kabbage was named to CNBC's annual Disruptor 50 list of the most forward-thinking and ambitious companies that are revolutionizing industries and markets worldwide. Two months later, Kabbage was named to the Inc. 500 list of the country's fastest-growing private companies for the second year in a row
In August 2016, Kroll Bond Rating Agency (KBRA) upgraded and affirmed ratings on Class A2-2 Certificates issued by Kabbage Funding 2014-1 Resecurization Trust. The certificates were upgraded from BBB+(sf) to A-(sf) based on structural improvements to the transaction’s concentration requirements and the existence of more historical data relating to Kabbage’s collateral. KBRA also affirmed the ratings on the Class B2A Certificates of BB-(sf), Class B2B Certificates of BB-(sf) and Class B2C Certificates of B+(sf), which were initially rated in November 2015.
In 2017, the company raised $250 million from Softbank Group Corp., raising its total equity funding to $500 million, making Kabbage one of the most well-funded companies with a female co-founder at the helm. It also secured the largest asset-backed securitizations of small business loans in the online lending industry of $525 million. In November, it diversified its debt-funding sources further with a $200 million revolving credit facility with Credit Suisse, earning investment-grade ratings of ‘A’ and ‘BBB’ by DBRS. It ranked on the Inc. 500 list as one of the country’s fasting-growing private companies for a third consecutive year, on Deloitte’s Fast 500 list, among CB Insights Fintech 250, in the top 10 of KPMG’s Fiintech 100, and its co-founder, Kathryn Petralia, was named one of Forbes 100 Most Powerful Women in the World.
