Strategy & Operations Internship, Enova

Summer 2027

Salary not provided

This is a paid internship. The budgeted hourly rate for this position is $30.00 per hour for students with a Bachelors degree and $35.00 per hour for students with a Masters degree

Chicago

More information about location

3 days a week in office

AI-driven financial credit provider

Be an early applicant

AI-driven financial credit provider

1001+ employees

FintechB2CB2BArtificial IntelligenceLendingAnalyticsFinancial Services

Be an early applicant

Salary not provided

This is a paid internship. The budgeted hourly rate for this position is $30.00 per hour for students with a Bachelors degree and $35.00 per hour for students with a Masters degree

Chicago

More information about location

3 days a week in office

1001+ employees

FintechB2CB2BArtificial IntelligenceLendingAnalyticsFinancial Services

Company mission

To help hardworking businesses and individuals get access to fast, trustworthy credit through its AI-driven credit solutions.

Job

Company

Role

Who you are

Acceptable Graduation Dates: December 2027 - June 2028
Local to the Chicagoland area or willing to relocate
Been working toward undergraduate or master’s degree in Engineering, Business, Finance, Economics, or other quantitative degrees, or equivalent experience
Advanced Excel modeling experience required. Prefer proficiency with SQL
Excellent written, verbal and presentation skills, with the ability to communicate complex ideas clearly and effectively to a variety of audiences
High energy, team player, creative thinker, and strategic influencer
Demonstrated experience in working with broad cross-functional teams
Skilled in negotiating, influencing others, analytical thinking, leading others, and executing and implementing projects
Willingness to learn and work in a hands-on environment

What the job involves

As a Strategy & Operations intern, you will directly support one of Enova’s core P&Ls and tackle projects that ensure Enova is operating at peak performance, and continuously improving so our customers can have the best possible experience
Over a period of 10 weeks, you will partake in projects that can range from short-term immediate impact projects, like automating a business process, to long term strategic initiatives, such as a new product launch
The best part?
Our team is big enough to have the resources to successfully scale the business, but small enough that a single intern has the autonomy to make a meaningful impact
That means you can make your mark
As a member of the Enova internship program, you will have the benefit of networking with other interns across the company through in-person team outings, lunches, and events
This summer, our interns went on an architecture tour, volunteered at the Chicago Food Depository, had an event at Ace Bounce for ping pong, and wrapped up the summer with a presentation about their summer project(s)
This internship will begin June 15, 2027 - August 19, 2027

Our take

Providing customers with quick access to credit is important for fintech companies to survive in today's financial landscape of open banking, but this is made difficult by high credit rejection rates from banks. However, these decisions are generally made by human assessments of data, which are limited due to the complexity of the modern financial landscape. AI-driven solutions, able to analyse vast amounts of data almost instantly to derive accurate credit risk assessments, present room for improvement in the lending industry.

Enova provides a platform called Colossus that leverages AI and machine learning-enabled analytics to provide businesses and individuals with fast, reliable, and trustworthy credit. The company achieves this by partnering with banks and sharing its data analysis solutions, helping to identify credit opportunities when they would otherwise be missed. There is definitely a market for its product: over 15M customers have funded almost $70B through the platform to date.

Enova has grown strongly in recent years based on the rapid uptake of its product. As the macroeconomic climate remains volatile, businesses will become increasingly reliant on Enova's AI-based solutions to help them manage credit risk and navigate a complex lending environment.

Steph

Company Specialist at Welcome to the Jungle

Insights

13% employee growth in 12 months

Glassdoor (3.7)

Company

Company benefits

Our hybrid roles require in-office work Tuesday through Thursday, with remote flexibility on Mondays and Fridays. This schedule fosters collaboration, team connection, and strategic planning, enhancing communication and effectiveness to drive results
Health, dental, and vision insurance including mental health benefits
PTO & paid holidays off
Sabbatical program (for eligible roles)
Summer hours (for eligible roles)
Paid parental leave
DEI groups (B.L.A.C.K. @ Enova, HOLA @ Enova, Women @ Enova, Pride @ Enova, South Asians @ Enova, APEX @ Enova, and Parents @ Enova)
Employee recognition and rewards program
Charitable matching and a paid volunteer day…Plus so much more!
401(k) matching plus a roth option

Company HQ

Chicago Loop, Chicago, IL

Leadership

David Fisher

(Executive Chairman)

Before joining Enova as CEO, they were the CEO of optionsXpress and CFO at Potbelly Sandwich Works, Prism Financial and RBC Mortgage.

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