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Data / Underwriting Intern

Lendorse

Lendorse

Posted on Tuesday, July 4, 2023

Data / Underwriting Intern

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About Lendorse:
Are you passionate about financial inclusion and social impact? Meet Lendorse, a dynamic and innovative Fintech/Edtech startup that is breaking down barriers to education for talented students from developing countries. At Lendorse, we believe that everyone deserves access to quality education, regardless of their financial background. That's why we offer Income Share Agreements (ISAs) and mentoring to help students achieve their dreams without the burden of debt.
Here's how it works:
The students fund their current studies through their future salary, via an Income Share Agreement. Lendorse provides a lump sum to cover their tuition fees, living expenses, and visa deposits. In return, they share a fixed portion of their future income with us for a fixed period of time. The best part is - they don't start repaying until they meet a certain income threshold!
We recognize that students need more than just finance to be set up for success. We give them tools such as CV optimization, insights into different industries, tangible tips on getting a ‘foot in the door’, and more exclusive mentoring & career support.
We’re looking for a data-driven Intern to help us challenge our current underwriting model, incorporate robust data into our scoring process, and take care of our data records.
As a Data / Underwriting Intern at Lendorse, you will be responsible for:
Helping us manage our portfolio analytics, using ‘cohort modelling’, and helping keep track of student salary calculations & IRR
Collaborating with our other Interns on collecting primary data & secondary research to support or our underwriting model
Collaborating with our senior management team to challenge our current underwriting model, using data and statistics to reinforce your opinions
Managing the storage of data records, their upkeep and accuracy
Our successful candidate will ideally fit this profile:
Either enrolled in or have just completed a Master’s degree in either Economics, Accounting, Finance, Mathematics or something similar
Methodical thinking, data-driven and analytical
Exposure to statistics
Fluent in English
You have a passion for education and share our belief that wasted educational potential is one of the greatest tragedies of our time
What's in it for you?
Joining a fun, hardworking and high-energy team
Working alongside the CEO (ex-McKinsey) the COO (ex-Investment Banker) and others from our senior management team.
Experience in a fast-paced startup where your work has a direct impact
Ability to explore different areas of a startup
A written reference from our CEO upon satisfactory completion of the internship
Logistics:
This is an unpaid internship from June - August.
You can work remotely
We operate with CET hours. We will of course accomodate other time zones and your work schedule can be quite flexible. We ask for some availability per day in our time zone cross-over hours.
This is a full-time commitment
If this sounds exciting, we'd love to speak to you! Join us in our mission to empower the next generation of leaders and make a real difference in the world. Visit our website at www.lendorse.com to learn more.
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Job Type: Internship
Contract length: 3 months
Work Location: Remote
Application Deadline: 09/06/2023