Senior Risk Analyst

Posted 2 Days Ago
Be an Early Applicant
New York, NY
Hybrid
90K-115K Annually
3-5 Years Experience
Fintech • Software
Octane connects people to their passions by creating a seamless end-to-end buying experience.
The Role
The Senior Risk Analyst will optimize loan underwriting strategies, analyze portfolio performance, forecast risk under varied conditions, and enhance credit policy documentation while collaborating with senior leadership. The role entails working with large datasets and requires strong analytical skills.
Summary Generated by Built In

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.

Octane is currently seeking a bright and resourceful Senior Risk Analyst to join the Risk team at Octane. The team is responsible for monitoring risk in fraud, credit, dealer and collections areas. An ideal candidate for this role can parse large volumes of data to get to an answer that generates business value. They have a scientific mindset and are excited to run the experiments that will further optimize our loan portfolio. Lastly, they are a structured thinker who can methodically explain their analysis to senior leaders in the risk organization. This role is hybrid in our NYC or Irving Office. 

The senior analyst position on the risk team is a high-growth role that provides a comprehensive grounding in consumer risk management. The senior analyst will have an opportunity to rotate through various functions namely fraud, credit and collections within the risk department.

Specifically, you will:

  • Optimize strategies to underwrite consumer loan programs within risk and business constraints
  • Analyze our portfolio to find sources of incremental yield, mitigate excess risk, and optimize for value 
  • Design and monitor key KPIs to provide insights into portfolio performance and credit strategy
  • Forecast loss and performance under varied credit and economic conditions 
  • Improve sophistication and technical implementation of current approaches
  • Create and maintain credit policy documentation

Requirements:

  • Bachelor’s degree, ideally in a quantitative field such as applied math, statistics, econometrics, or engineering
  • Minimum 3+ years of experience in risk management at a financial institution, comparable experience in an analytical environment, or related Master’s degree with minimum 2-3 years of related experience
  • Self-starter who thrives on autonomy
  • Comfort working with large datasets
  • Hands-on programming experience with SQL, Python, or other languages preferred 
  • 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 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
  • Wellhub (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.

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.

#LI-MZ1

#LI-Hybrid

Top Skills

Python
SQL
The Company
HQ: New York, NY
500 Employees
Hybrid Workplace
Year Founded: 2014

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.

Gallery

Gallery

Jobs at Similar Companies

bet365 Logo bet365

Corporate Development Specialist

Digital Media • Gaming • Software • eSports • Automation
Denver, CO, USA
6100 Employees
120K-160K Annually

MassMutual India Logo MassMutual India

FullStack Development - Lead

Big Data • Fintech • Information Technology • Insurance • Financial Services
Hyderabad, Telangana, IND

Jobba Trade Technologies, Inc. Logo Jobba Trade Technologies, Inc.

Customer Success Specialist

Cloud • Information Technology • Productivity • Professional Services • Software
Remote
Hybrid
Chicago, IL, USA
45 Employees

Similar Companies Hiring

MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana
bet365 Thumbnail
Software • Gaming • eSports • Digital Media • Automation
Denver, Colorado
6100 Employees
Jobba Trade Technologies, Inc. Thumbnail
Software • Professional Services • Productivity • Information Technology • Cloud
Chicago, IL
45 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account