Manager, Risk Strategy

Octane•Irving, TX

8h•$110,000 - $150,000•Hybrid

About The Position

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 bright and resourceful Manager to join our Credit Strategy team. As a critical member of the team, you will establish credit strategies in-line with our risk appetite and provide strategic oversight on the recreational vehicle portfolio. You will work with origination and external market data to formulate optimal underwriting strategies that support the portfolio's profitability. The ideal candidate is a structured thinker who can methodically explain analysis to senior leaders, making meaningful contributions to the direction and success of the business.

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
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

Responsibilities

Perform advanced data analytics and advise the underwriting strategies for loan origination, loan amount assignment, and loan pricings that optimize profitability.
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 that risk processes are working as expected.
Improve sophistication and technical implementation of current approaches.
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.
Work cross-functionally with the company’s Tech, Product, Sales, and Finance teams to lead and manage new credit product initiatives that further our mission of providing convenient point-of-sale financing to niche consumer products.