Upstart Macro Index (UMI)

I spearheaded the development of a pioneering industry tool, UMI (Upstart Macro Index), designed to evaluate the effect of changing macroeconomic factors like the personal savings rate, inflation, and unemployment on the credit performance of loans powered by Upstart. UMI quantifies the influence of macroeconomic fluctuations on credit losses for unsecured personal loans facilitated by Upstart, expressed as a ratio of defaults compared to a stable baseline reflecting macroeconomic shifts. The goal is to provide a nuanced understanding of macroeconomic impacts on credit, aiding in more informed and resilient lending practices.