Short Description:
Bright Money, a leading fintech company, seeks a Product Analyst to leverage data science and machine learning to assist Americans in managing and eliminating debt. The role involves analyzing data to inform product strategy, recommending improvements, and tracking performance metrics. Candidates should have experience with Python, SQL, and statistical analysis, along with strong communication skills for reporting findings. Joining Bright offers the chance to contribute to an AI-powered bank, collaborate with a dynamic team, and shape the company's future. It's an opportunity to make a meaningful impact in a fast-growing startup environment.
Position: Product Analyst
Company: Bright Money
Location: Bengaluru, Karnataka, India
Job type: Full time
Job mode: Onsite
Introduction
Bright Money, situated in Bengaluru, Karnataka, India, is a leading consumer fintech company dedicated to assisting Americans in overcoming debt using innovative data science and machine learning techniques. With a comprehensive mobile application, Bright provides users with a suite of tools and technologies necessary for effective debt management and elimination. These tools include credit score enhancement, automated debt repayment plans, financial and budget planning utilities, as well as options for refinancing loans such as credit cards, student loans, and car loans.
About Bright Money
Bright has experienced remarkable growth, boasting a six-fold increase in the past year, currently serving over 300,000 users with an impressive tally of more than 100,000 ratings and reviews. Supported by prominent venture capital firms like Sequoia, Falcon Edge, and Hummingbird, along with top-tier angel investors from the US, UK, and India, Bright has amassed over $40 million in funding. Recent developments include securing a $50 million debt funding from Encina Lender Finance, earmarked for expanding its credit business operations.
Vision and Founders
The vision of Bright is ambitious yet attainable: to ascend among the top 100 US financial institutions, leveraging the unparalleled strength of data science and predictive modeling to enhance financial products for optimal user outcomes. Founded in 2019 by a team comprising former McKinsey Banking Practice members Petko Plachkov and Avi Patchava, alongside data scientist Avinash Ramakath and others from InMobi, Bright embodies a fusion of deep industry knowledge and cutting-edge technological prowess.
Role Responsibilities
As a Product Analyst at Bright, your core responsibilities will revolve around leveraging data to inform product strategy, roadmap development, and key business decisions. Key duties include:
Data Analysis and Insights Generation
- Analyzing both qualitative and quantitative data to derive actionable insights
- Supporting new product initiatives through data-driven recommendations
- Identifying product improvements and new features based on analytical findings
Metrics Development and Performance Tracking
- Defining and implementing metrics for assessing the performance of new and existing features
- Collaborating closely with the Product Team to design experiments aimed at improving business metrics
Candidate Requirements
To thrive in this role, you should possess the following qualifications and skills:
- Proficiency in Python and SQL for data analysis, with a preference for Python
- 0.6 to 1 year of experience as a Product Analyst
- Strong statistical foundations and analytical thinking skills
- Ability to conduct internet research on US financial services landscape
- Excel-based analytical skills, including graphing, pivot tables, and summary statistics
- Effective communication skills, both written and verbal, with proficiency in Microsoft Word and PowerPoint for report generation
What You'll Gain
Joining Bright Money offers you a unique opportunity to:
- Contribute to the creation of an AI-powered bank
- Collaborate with an exceptional team in a rapidly growing global startup environment
- Shape the future of the company and compliance team as a founding member
- Establish new processes and structures from the ground up
The Product Analyst role at Bright Money presents an exciting opportunity to leverage your analytical skills and contribute to the company's mission of empowering individuals to achieve financial freedom through innovative technology and data-driven solutions.
Please click here to apply.
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