The $21B Powersports market (motorcycles, ATVs, UTVs, PWCs, snowmobiles) is all about fast and fun, but the purchasing process is slow and frustrating. Octane enables consumers to live their passion by making powersports purchases instant, seamless, and widely available. Octane launched a credit product, branded as Roadrunner Financial, in 2016 to provide financing to prime and near-prime consumers who have historically been underserved by incumbent banks, expanding coverage to 50% of responsible consumers. Together with our automated underwriting and digital buying experience, Octane and RoadRunner cut the time to close a transaction from hours to minutes.
The market is choosing the Octane solution, as evidenced by ~25% of powersports merchants active on our platform (up 50% Y/Y), annualized origination run rate that is up over 3 X Y/Y. We are both the platform and the lender, which means we have both high growth and positive unit economics—rare for a fintech. We have raised >$60M in venture capital from leading investors such as IA Ventures, Valar Ventures, and Contour Venture Partners.
We are seeking a credit analytics manager to lead projects related to credit risk analytics and strategy development. You will work closely with senior management to establish credit strategies that profitably grow Octane Lending’s originations. As a manger on the credit team you will have the opportunity to make meaningful contributions to the direction and success of OL’s business and take on a leadership role within a fast-growing core area of our business.
Specificaly, you will
- Bridge the disciplines of data analytics and risk management to formulate evidence-based credit strategies that responsibly grow originations within the organization’s risk management appetite
- Work cross-functionally with OL’s Tech, Product, Sales and Finance teams to lead and manage new product initiatives that further our mission of providing convenient point-of-sale financing to niche consumer products
- Continuously enhance policies and processes to mitigate credit and fraud risk exposure
Requirements
- A BS degree in a quantitative field such as statistics, econometrics, decision sciences, or engineering followed by several years of experience managing credit-related projects (advanced degree preferred)
- Exceptional Excel skills and hands-on experience programming in Python and SQL
- A track record of taking initiative and driving results, and a desire to build, design and transform a young organization
- Experience taking analyses from raw data to polished recommendations and communicating complex, technical findings to broad audiences
- Strong written and oral communication skills
Benefits
- A working environment filled with passionate, happy, smart people
- Health Care Plan (Medical, Dental & Vision)
- Retirement Plan (401k)
- Life Insurance (Basic, Voluntary & AD&D)
- Pre-Tax Commuter Benefits
- Paid Time Off (Vacation, Sick & Public Holidays)
- Short Term & Long Term Disability
- Office snacks, full fridge, and drinks
- Monthly team happy hours and lunches
Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.