Senior Model Risk Manager

Earnest empowers ambitious professionals to make confident financial decisions and build the life they envision.

The Sr Model Risk Manager will report to the Head of Credit Risk. 

As the Sr Model Risk Manager, you 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.
• Lead independent end-to-end model validations — from conceptual soundness and data quality to performance monitoring and implementation review — delivering thoughtful, constructive challenge to modeling teams.
• Partner closely with Data Science and Risk leaders early in the model design process to strengthen assumptions, improve methodology, and elevate modeling standards across the company.
• Oversee model performance monitoring and proactively identify emerging risks, performance drift, or control gaps — ensuring timely, practical remediation.
• Deliver clear, decision-ready validation reports and communicate technical findings in a way that drives strong business outcomes and sound risk decisions.
• Serve as a trusted advisor on model governance, helping Earnest move fast while maintaining the discipline and controls required of a best-in-class lending platform.

About You: 

• You hold a Master’s degree in a quantitative field (Statistics, Economics, Mathematics, Financial Engineering, or similar) with 7+ years of experience in model development, validation, or model risk management in financial services (or a Bachelor’s degree with 10+ years of relevant experience).
• You’ve worked in consumer or small business lending — ideally in a fintech or innovative banking environment — and understand the models that power modern credit decisioning.
• You have hands-on experience with statistical and machine learning models and are comfortable diving into Python code and large datasets using SQL to independently assess model performance.
• You understand regulatory model risk expectations and know how to apply them pragmatically in a high-growth environment.
• You bring strong judgment, intellectual independence, and the confidence to challenge assumptions while building productive cross-functional partnerships.
• You can translate complex modeling concepts into clear, actionable insights for senior stakeholders.

Even Better

• Experience with personal loans or student lending products.
• Experience interacting with auditors or regulators in model risk or credit oversight contexts.
• Experience reviewing third-party or vendor models.
• Experience building or maturing a model governance framework at a scaling fintech company.