Connect with us

Hi, what are you looking for?

Management

Brad Pennington

Brad Pennington is the Chief Risk Officer at Prosper Marketplace. In this role, he is responsible for overseeing all of the elements of the loan product, including pricing, underwriting strategy, credit policy, verification strategy, loss-forecasting, model development, model governance and new risk product development.    

Brad joined Prosper in 2012 and was instrumental to the development of Prosper’s rating systems, automated strategies and cutting edge monitoring systems. He has held roles with an increasingly broad set of responsibilities during his tenure with Prosper and he brings more than 10 years of experience in risk management and applied analysis.   

Prior to joining Prosper, Brad was a Credit Risk consultant with Moody’s Analytics where he worked with large global and U.S. clients focusing on Economic Capital, Basel Compliance and PD, LGD and EAD model development.  He began his risk career designing the automated underwriting and pricing strategies at First Equity Card; a small-business credit card specialty finance start-up.  

Brad obtained his B.S in Economics from the Wharton Undergraduate School where he completed a self-directed course of study, obtaining minors in Finance, Statistics, Mathematics, Econometrics and Operations Research. 

Read more

Join our mailing list

Latest

Budgeting

Budgeting can seem like an afterthought in today’s digital world. Thanks to mobile banking and the internet, there’s no need for most people to...

woman pumping gas with expensive prices, prompting discussion on how to manage money woman pumping gas with expensive prices, prompting discussion on how to manage money

Best Practices

The new year is a perfect time to get your finances in order. Check out our top tips on how to manage your money...

Consumer Financial Protection Bureau staff look at new consumer protections Consumer Financial Protection Bureau staff look at new consumer protections

Financial Wellness

What comes to mind when you hear the words “Consumer Financial Protection Bureau”? It’s pretty straightforward that it’s an official government agency, but beyond...

Quarterly Investor Update Quarterly Investor Update

Investor Center

Strong credit performance driven by emphasis on disciplined risk management and long-term sustainability

Investor Center

Today we are sharing performance data from the Prosper Portfolio for May 2022. Highlights from the Prosper Performance Update – May 2022: Performance Update...

Investor Center

Today we are sharing performance data from the Prosper Portfolio for April 2022. Highlights from the Prosper Performance Update – April 2022: Performance Update...

You May Also Like