What are the responsibilities and job description for the Sr. Product Analyst position at Prosper?
The Role
We're looking for a Senior Product Analyst to drive data-informed decision-making through advanced funnel analysis and experimentation. This role will be instrumental in optimizing our customer journey and improving conversion rates across our personal loan and credit card products. The ideal candidate has analytical experience in product analytics and a strong understanding of product funnel and experimentation. This is the perfect opportunity for someone who is seeking to grow in a challenging environment, work on a fast-paced, exciting team and develop data driven decisions, and to directly impact growth.
\n- Be a strategic thinker and identify new growth opportunities through robust data analysis, cross-functional collaboration, and presentation of well-thought-out actionable insights for Personal Loans and Credit card products. Lead end-to-end A/B testing program, from hypothesis formation to test design, implementation, and analysis
- Develop and maintain comprehensive funnel analytics to identify conversion bottlenecks and opportunities
- Partner with Product, Marketing, and Engineering teams to drive optimization initiatives
- Take Ownership and proactively build/maintain dashboards to track key conversion metrics and experiment results
- Conduct deep-dive analyses to understand user behavior and drop-off points
- Present findings and recommendations to stakeholders at all levels
- Support business planning and forecasting through data and analytics
- Collaborate closely with product managers and stakeholders to define and prioritize product roadmaps, ensuring alignment with customer needs and business goals.
- Bachelor’s Degree in a quantitative (STEM) field with 5 years of analytics experience, preferably in financial services or fintech companies, or a Master's degree with 3 years of experience.
- Strong SQL and Advanced Excel skills are necessary.
- Python and R experience preferred
- Good exposure to Credit Card application and customer engagement journeys
- Strong experience with A/B testing tools (Optimizely or similar)
- Deep understanding of statistical concepts and experimental design
- Proficiency with web analytics platforms (HEAP, Google Analytics, Amplitude, or similar tools)
- Excellent communication and presentation skills with the ability to present complex data analysis, insights, and recommendations to senior leadership.
- Strong analytical and problem-solving abilities.
- Excellent communication skills and ability to translate complex findings into actionable insights.
- Project management and prioritization skills.
- Collaborative mindset and ability to work cross-functionally.
- Ability to work independently with minimal supervision, manage several simultaneous projects, and proactively deliver key analytical projects.
- The opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people's lives
- The opportunity to work in a fast-paced environment with experienced industry leaders
- Flexible time off, comprehensive health coverage, competitive salary, paid parental leave, and other wellness benefits
- A bevy of other perks including Udemy access, childcare assistance, pet insurance discounts, legal assistance, and additional discounts through Perkspot
$128,000 - $159,000 a year
Compensation details: The salary for this position is $128,000 - $159,000 annually, plus bonus and generous benefits. In determining your salary, we will consider your location, experience, and other job-related factors.
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Salary : $128,000 - $159,000
