Octane is unlocking the power of financial products for merchants and consumers. Our cutting-edge technology and innovative financial products empower businesses with more control and flexibility, enabling them to deliver seamless digital experiences, drive customer loyalty, and build long-term value.
Octane supports merchants throughout the sales cycle: connecting dealerships with high-intent buyers, driving transparent, fast, and easy closings with award-winning technology, and providing on-going customer care with superior loan servicing.
Founded in 2014, Octane supports over 60 OEM partner brands and over 4,000 dealer partners, and has a team of over 600. Visit www.octane.co.
We are seeking a highly analytical Credit Risk Strategy Manager to support our team. As a vital member of the team, you will establish and oversee credit strategies that align with our risk appetite and provide strategic guidance for our powersports portfolio. You will analyze origination and loan performance data to develop optimal underwriting strategies that grow Octane’s lending responsibly and enhance portfolio profitability. The ideal candidate is a problem solver with strong critical thinking abilities and exceptional communication skills to articulate ideas and thought processes clearly to external partners and senior management.
Responsibilities:
- Perform advanced data analytics and advise on underwriting strategies for loan origination, loan amount assignment, and loan pricing to optimize profitability.
- Work cross-functionally with Tech, Product, Sales, and Finance teams to implement new credit product initiatives and optimize existing credit strategies that further our mission of providing convenient point-of-sale financing to niche consumer products.
- Take ownership of credit policy documentation and enhance policies and processes to mitigate credit risk exposure.
- Design and monitor key KPIs to provide insights into the credit lifecycle.
- Maintain quality control and validation to ensure risk processes are working as expected.
- Collaborate with the portfolio risk team to track credit performance and take action to manage the portfolio within the organization’s risk management appetite.
- Develop business insights and communicate proposals to C-level audiences and external partners.
Requirements:
- A Bachelor’s degree in a quantitative field such as statistics, econometrics, decision sciences, or engineering (advanced degree preferred).
- Strong understanding of consumer credit and lending lifecycle.
- 4+ years of experience in performing credit analysis, including experience with data visualization tools such as Tableau/Power BI.
- Exceptional hands-on experience with 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: In addition to salary, Total Rewards include a stock option package, and benefits as outlined below. The role described above offers a base salary of $110,000 to $150,000. Your offer will be based on location, the alignment of your qualifications with the requirements of the job and internal equity.
Benefits:
- Robust Health Care Plans (Medical, Dental & Vision)
- Generous Parental Leave
- Flexible Time Off (FTO) Policy - Time Off When You Need It
- 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
- Wellhub (Gympass) Wellness Benefit
- Recreational Safety Benefit
Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.
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.
Skills Required
- Bachelor's degree in a quantitative field (statistics, econometrics, decision sciences, engineering)
- Advanced degree (preferred)
- 4+ years experience performing credit analysis
- Experience with data visualization tools (Tableau or Power BI)
- Hands-on experience with Python, SQL, and Excel
- Strong understanding of consumer credit and the lending lifecycle
- Experience converting raw data analyses into polished recommendations for broad audiences
- Strong written and oral communication skills
Octane Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Octane and has not been reviewed or approved by Octane.
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Leave & Time Off Breadth — Feedback suggests PTO is substantial—“4+ weeks” advertised and reports of up to five weeks with flexible/self-managed policies. Time off is frequently highlighted as a standout element of the package.
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Parental & Family Support — Feedback suggests parental leave is generous, with mentions of paid leave and examples such as 16 weeks of paid paternity leave. Employer materials consistently position parental leave as a core benefit.
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Retirement Support — Feedback suggests the 401(k) match is clearly defined at up to 4% (100% of the first 3% and 50% of the next 2%). The plan is commonly described as solid and straightforward.
Octane Insights
What We Do
We’re a fintech company that makes buying better. We connect people with their passions by combining cutting-edge technology and innovative risk strategies to make lifestyle purchases - like powersports vehicles, RVs, and outdoor power equipment - fast, easy, and accessible, while delivering a seamless, end-to-end digital buying experience in industries ripe for disruption. 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 experience, and supporting customers throughout their loan with superior loan servicing. We work with over 4,000 dealer partners and over 30 OEMs across the United States, and we recently surpassed $1B in 2022 YTD originations. Founded in 2014, we’re a remote-first company with over 600 employees across the world, and we have offices in Irving, TX, New York, NY, and Irvine, CA. We made the top 10% of the 2022 Inc 5000 list of the fastest growing private companies in America and are Certified as a Great Place to Work®.
Why Work With Us
We’re a diverse team of innovators determined to give our customers the best possible experience. Information is shared transparently, enabling cross-functional collaboration. We’re a performance based culture where accomplishments are both celebrated and rewarded, always looking for new talent to help us develop our industry-leading products.
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