THE COMPANY
MPOWERs borderless loans & scholarships enable students from around the world to realize their full academic & career potential by attending top universities in the U.S & Canada.
As a mission-oriented fintech/edtech company, we move extremely quickly & leverage the latest technologies, global best practices, & heavy analytics to tackle one of the biggest challenges in financial inclusion. Were backed by over $150 million in equity capital from top global investors, which enables fast growth & provides our company with financial stability & a clear path to an IPO over the coming years.
Our global team is composed of former management consultants, financial service & technology professionals, & other experts in their respective fields. We work hard, have fun, & believe strongly in our cause. For us, MPOWERs mission is personal.
As a member of our team, youll be challenged to think quickly, act autonomously, & constantly grow creatively in an environment where fast change & exponential growth are the norm. Ideation & implementation happen very quickly. We value feedback & emphasize personal & professional development by providing the resources you need to further your skills & grow with the company. MPOWER is committed to cultivating your strengths & curiosity & helping you make an immediate impact.
MPOWER has been named one of the best fintechs to work for by American Banker for the past 6 years in a row.. We pride ourselves on being a growth company for grown-ups, where there are no pool tables but rather great health, education, & maternity/paternity benefits instead. Our team diversity has been recognized as well; were one of the most diverse workforces in the world in terms of nationality, gender, religion, age, sexual orientation, & educational background.
THE INTERNSHIP Credit Analytics Team (Bangalore, India)
The internship will require an implementation of in-house projects involving model building on MPOWER data systems for credit risk management. Each intern will be responsible for leading an individual project which will be presented to the Executive team at the end of the summer & will receive mentorship from a Credit leader.
We are looking for interns who can think creatively & analytically, embrace ambiguity, & thrive in an entrepreneurial environment & have a solution-focused mindset driven by making an impact.
THE ROLE
- Creating MIS reports & analyses covering key metrics, concentrations, & stratifications of the loan portfolio
- Performing exploratory data analyses on specific business segments to develop risk management recommendations
- Reviewing performance of borrower support programs to identify opportunities for improvement
- Collaborating with cross functional teams to implement process enhancements
- Preparing industry analyses to identify broader trends that affect MPOWERs loan portfolio
THE QUALIFICATIONS
- Currently pursuing a bachelors or masters degree in Computer Science or Data Science.
- Experience or Interest in R, Python, or any coding language.
- Data programming & modelling skills required.
- Well-organized, detail-oriented, & ability to work well both independently & in a team environment.
A passion for financial inclusion & access to higher education is a must, as well as comfort working with a global team across multiple-time zones & sites!
In addition, you should be comfortable working in a fast growth environment, meaning a small agile team, fast-evolving roles & responsibilities, variable workload & tight deadlines, a high degree of autonomy, & 80-20 everything.
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