Octane® is revolutionizing recreational purchases by delivering a seamless, end-to-end digital buying experience. We connect people with their passions by combining cutting-edge technology and innovative risk strategies to make lifestyle purchases - like powersports vehicles, RVs, and OPE - fast, easy, and accessible.

Octane adds value throughout the customer journey: inspiring enthusiasts with our editorial brands, including Cycle World® and UTV Driver®, instantly prequalifying consumers for financing online, routing customers to dealerships for an easy closing, and supporting customers throughout their loan with superior loan servicing.

Founded in 2014, we’re a company with 550+ employees and over 30 OEM and 4,000 dealer partners.

We are seeking a bright and resourceful Senior Risk Analyst to join the Credit Strategy team at Octane. In this role you will establish credit strategies in-line with our risk appetite and provide oversight and strategic direction on the recreational vehicle portfolio. 

An ideal candidate for this role will work with origination data, as well as external market data, to formulate optimal underwriting strategies in supporting the profitability of the portfolio. We value a candidate who is a structured thinker who can methodically explain analysis to senior leaders in the risk organization and beyond. As a critical member on the credit strategy team, the candidate will have the opportunity to make meaningful contributions to the direction and success of the business.  

Responsibilities

• Forecast loss using multiple methods to support multiple use cases across the business
• Identify the drivers of loss and deviations in estimation techniques, and develop methodologies to improve estimates
• Stress test our credit portfolio to understand the impact of changing economic, credit, and business conditions
• Write and maintain comprehensive documentation for loss forecasting policy
• Perform various ad-hoc analytics to inform decision making
• Develop analytical tools to inform strategic business decisions
• Partner with technology to automate reporting and analytics tools by providing business requirements
• Prepare and present materials to senior management and other Firmwide stakeholders, adapting messages to different audiences
  

Requirements

• A BS degree in a quantitative field such as statistics, econometrics, decision sciences, or engineering (advanced degree preferred)
• Good overall understanding of consumer credit and lending  
• Minimum 3+ years of experience in performing credit analysis, including experience with data visualization tools such as Tableau/ Power BI
• Exceptional hands-on experience Python, SQL, and Excel
• Experience taking analyses from raw data to polished recommendations and communicating complex, technical findings to broad audiences
• Strong written and oral communication skills
   

Compensation: The role described above offers a base salary of $90,000 to $115,000.  Your offer will be based on the alignment of your qualifications with the requirements of the job, location and internal equity.  In addition to the above-mentioned salary, Total Rewards include a stock option package, and benefits as outlined below.

Benefits:

• Robust Health Care Plans (Medical, Dental & Vision)
• Generous Parental Leave
• Up to 5 weeks time off (self-managed)
• Retirement Plan (401k) with company match!
• Educational Assistance/Tuition Reimbursement up to $3K/year 
• Life Insurance (Basic, Voluntary & AD&D)
• Short Term / Long Term Disability
• Robust Ancillary benefits including accident insurance, hospital insurance, etc.
• Gympass wellness benefit
• Powersports Safety Benefit

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.

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