Senior Manager, Loan Forecasting and Finance Analytics

The role

You will lead a quantitative finance analytics team responsible for building and maintaining complex models including credit loss and origination forecasting. You will own loan level cash flow forecasts, CECL reserving, loan origination plans, and unit economic models.

What you will do

• Own and continuously improve Carvana's loan level forecast model.
• Maintain and enhance the loan level re-forecast model each cycle.
• Build and maintain the loan origination forecast in partnership with stakeholders.
• Own the CECL reserve calculation process.
• Produce the CECL reserve forecast across planning and stress scenarios.
• Evaluate and recommend updates to reserve assumptions.
• Lead model governance for the forecasting function.
• Maintain and enhance systems for measuring holistic unit economics.
• Develop financial models and executive ready presentations.
• Other duties as assigned.

Required qualifications

• Bachelor's degree in Economics, Mathematics, Statistics, Engineering, or a related field.
• 8+ years in quantitative finance, credit risk, loss forecasting, or portfolio analytics at a lender, bank, fintech, or other financial institution.
• Hands on experience building loan level forecast models and CECL or allowance reserve models.
• Advanced Python for building and maintaining forecast and reserve models.
• Strong SQL skills.
• Ability to leverage AI to drive scale and process automation.
• Strong background in defining, creating, and socializing analytics.
• Experience managing cross-functional projects and leading teams.
• Excellent communication and presentation skills.
• Must be able to read, write, speak, and understand English.

Nice to have

• Experience at an auto lender or other consumer lender.
• Familiarity with ASC 326 (CECL) and ASC 820 fair value measurements.
• Experience running models in production grade Python, including version control and automated data pipelines.
• Experience building credit loss forecasts under multiple macroeconomic scenarios.

Benefits

• Competitive salary
• Carvana stock compensation
• Medical, Dental, and Vision benefits
• 401K with company match
• Student loan payments
• Discounts on vehicles
• Benefits for your pets
• Wellness program

Before you apply

• Hiring is contingent on passing a complete background check.
• This role is eligible for visa sponsorship.

About the company

Carvana is an automotive retailer that is the fastest-growing and most profitable public automotive retailer. The company is expanding nationally and aims to change the way people buy and sell cars.