Senior Risk Analyst, Enterprise Risk Governance

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 remote-first company with 550+ employees and over 30 OEM and 4,000 dealer partners. 

We're looking for a Senior Risk Analyst, Enterprise Risk Governance to join our fast growing team. In this role, you will play a critical part in identifying, assessing, mitigating, managing, and reporting risks of all types while ensuring compliance with applicable laws, regulations, regulatory guidance, and best practices. Collaborating closely with key internal stakeholders, including Legal, Compliance, Enterprise Risk, and Audit partners, you will support Business Controls and the line of business by designing and enhancing processes, structures, and controls that promote adherence to regulatory requirements and best practices. This position requires a commitment to openly exchanging ideas and concerns, following policies and procedures, and taking personal accountability for risk management. You will also be responsible for upholding a customer-first approach, ensuring that actions and behaviors consistently foster a positive experience overall. 

Responsibilities: 

• Assists in execution of all risk programs required.
• Key contributor to line of business RCSA’s.
• Assists enterprise risk governance leadership with the development of complex strategies and the implementation of controls, policies, and procedures to increase effectiveness and efficiency.
• Provides analysis to stakeholders related to the identification, assessment, control, monitoring, testing, and reporting of risks.
• Investigates and assists in root cause analysis in instances of actual or potential operational loss.
• Identifies the need for and collects information to better understand issues, problems, and opportunities; synthesizes information from a variety of sources; and detects trends, associations, and cause-effect relationships.
• Leverages expertise and stays informed of industry best practices and regulations to ensure compliance with all applicable laws, standards, and requirements, including, but not limited to, cfpb heightened standards.
• Supports the resolution of internal audits, compliance, or risk management related issues that could impact the classification, availability, or integrity of data or processes.
• Highlights control breakdowns, inadequate processes, and unexpected events. advises on corrective actions in partnership with line of business leadership to address process and control deficiencies.
• Builds effective relationships with other second lines of defense (such as Legal, Compliance, Enterprise Risk).
• Serves as an analytical and procedural expert to peers on cross-functional processes or project deliverables.
• Assists in identifying operational risks in accordance with the erm framework, ensuring that adequate internal controls are in place to mitigate risks of all types.
• Partners with support Functions or risk experts to identify applicable enterprise and risk appetite indicators and determine which will be designated "key".

Requirements: 

• Bachelor’s Degree, JD, or equivalent experience required (related field preferred). Master’s degree in relevant field preferred.
• 5+ years of financial services industry, risk, business controls or compliance experience preferred, ideally in banking or fintech lending and servicing.
• Professional verbal and written communication skills and the ability to communicate with discretion and understanding when confidentiality is needed.
• Must be analytical and possess ability to interpret and apply policies and regulations across a complex business.
• Must proactively identify opportunities and take action to build trusting strategic internal and external relationships and networks.
• Must be approachable, collaborative, and have the ability to influence others through interpersonal skills, thrive in a fast-paced dynamic environment, and be comfortable quickly shifting priorities on short notice.
• Proficient in Microsoft Office suite required. 
• Ability to work with minimal supervision.

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. 
• Powersports Safety Benefit
• Wellhub (Gympass) Wellness 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.

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