About Opendoor:  

Founded in 2014, Opendoor’s mission is to empower everyone with the freedom to move. We believe the traditional real estate process is broken and our goal is simple: build a digital, end-to-end customer experience that makes buying and selling a home simple, certain and fast. We have assembled a dedicated team with diverse backgrounds to support more than 100,000 homes bought and sold with us and the customers who have selected Opendoor as a trusted partner in handling one of their largest financial transactions. But the work is far from over as we continue to grow in new markets. Transforming the real estate industry takes tenacity and dedication. It takes problem solvers and builders. It takes a tight knit community of teammates doing the best work of their lives, pushing one another to transform a complicated process into a simple one. So where do you fit in? Whether you’re passionate about real estate, people, numbers, words, code, or strategy -- we have a place for you. Real estate is broken. Come help us fix it.

About the Role:

We’re looking for an experienced Head of Risk who can build and inspire a team, and lead the evolution of our Risk Management strategy and frameworks. You will play a key role in Opendoor, building critical systems that identify risk trends and exposures at an enterprise and portfolio level. If you’re excited about working at the bleeding edge of risk management, structural modeling, leading through radical candor, and having a trillion-dollar impact, we’d love to hear from you!

As the Head of Risk, you will:

• Be responsible for holistic risk management frameworks, driving a strong enterprise risk culture, clear risk ownership, and an environment that will accelerate growth trajectories and fundamental company performance
• Partner with senior stakeholders across the finance and investment teams to influence and make strategic risk decisions
• Drive an independent research agenda
• Own the risk management strategy and frameworks, while performing oversight of holistic risk management activities, including; risk identification, stress testing, risk-based capital, portfolio/risk analysis, economic forecasting, and enterprise-wide risk management reporting
• Advise senior management on framework improvements to further improve the organization's ability to manage risks
• Build and lead a team of quantitatively driven risk professionals

We’re looking for teammates who have:

• 10+ years experience in risk management, and/or quantitative asset management, preferably in illiquid assets
• 5+ years of management experience, including managing top-tier research scientists
• A Ph.D. or MS in a quantitative field (e.g., Statistics, Economics, Math, Sciences, Engineering)
• Expert knowledge of a scientific computing language (such as R or Python) and SQL
• Track record of being entrepreneurial and self-directed, with success in being able to take a conceptual business challenge from an initial set of facts and hypotheses to real, practical solutions
• Experience working closely with and counseling senior business leaders with the objective of being a trusted advisor
• Demonstrated intellectual curiosity and interest in the future of real estate and shaping an industry through one of its major stakeholders
• Managed complexity and led multiple projects with an unrelenting focus and prioritization

More About Us:

Want to learn more about us and how we are revolutionizing the home buying and selling process? Learn more about us on our website, check out our profile on The Muse to learn more about our culture from our team members, or read our blog posts to hear about the work we are doing.

We Offer the Following Benefits and Perks:

- Full medical, dental, and vision with optional 85% coverage for dependents

- Flexible vacation policy

- Generous parental leave

- Paid time off to volunteer

Please note that these benefits and perks are available only to Full Time team members and do not apply to contract roles.

Opendoor Values Openness:

Our team celebrates our diverse backgrounds. We believe that being open about who we are and what we do allows us to be better. Individuals seeking employment at Opendoor are considered without regards to race, color, religion, national origin, age, sex, marital status, ancestry, physical or mental disability, veteran status, sexual orientation, gender identity or other protected status under all applicable laws, regulations, and ordinances. For California residents: for more information about the categories of personal information that we collect for recruiting purposes, please see our personnel Privacy Policy.