Manager of Strategy and Analytics, Novo
3 days a week in office
Digital banking platform for small businesses
Be an early applicant
Digital banking platform for small businesses
201-500 employees
Be an early applicant
3 days a week in office
201-500 employees
Company mission
To empower customers with their financial data and provide the most compelling banking experience possible.
Role
Who you are
- 7+ years of experience in credit or product analytics roles at leading financial institution or fintech, 2+ years of experience as a people manager
- Deep experience with credit card or loan unit economics and P/L drivers, multiple types of lending products a plus
- Proven track record of professional success from analyst to manager
- Hands-on experience with credit model development, deployment and usage
- Proficiency in SQL and/or Python
- Strong analytical skills with the ability to coach analysts and data scientists to do the best work of their careers
- Highly motivated and comfortable working in a fast-paced, dynamic environment with a high degree of ambiguity
- Preferably: Experience managed a credit portfolio or a portion of a credit portfolio through changing credit cycles
What the job involves
- We are looking for a Manager, Strategy and Analytics who understands how to leverage data to drive strategic initiatives and optimize business outcomes
- As a Manager, Strategy and Analytics at Novo, you will play a crucial role in driving data-driven strategies across our credit product suite
- You will lead a talented team of analysts and data scientists with dotted line responsibility for credit product marketing and operations to resiliently grow our credit card, funding product and help identify future lending product opportunities
- Serve as the primary owner for credit product unit economics and underwriting policy
- Analyzing data to generate actionable insights that inform product roadmap, marketing spend, and lending capital investments
- Collaborating with cross-functional teams, including Product, Marketing, and Finance, to implement and evaluate data-driven initiatives
- Identifying new opportunities for growth and efficiency improvements through rigorous data analysis and strategic thinking
- Taking ideas from concept (0) to market (1) to get real-world feedback and refine strategies based on actual performance
- Work with finance to manage relationships with capital market and bank partners
- Achieve key performance indicators (KPIs) related to customer growth, engagement, and profitability
- Successful collaboration with cross-functional teams to implement strategies and initiatives that align with business objectives
- Force multiplier for direct reports, helping them achieve greater results and professional growth
Our take
While personal banking transactions are very swift, with apps like Venmo and CashApp enabling the instant moving of money between users, for business users, these processes are frustratingly not as fast. For smaller businesses, the costs of ensuring banking processes are well managed can be prohibitive, and keeping track of finances often utilises a wide range of apps.
Novo has created one app with a drag-and-drop interface to manage several financial apps in one place helping gain a clearer picture of transactional data more quickly. There is strong competition in this area from the likes of Lili, NorthOne, Brex and numerous other Neobanks.
Novo has racked nearly 200,000 SMB customers and has seen over $12B in lifetime transactions, a figure that has recently saw exponential growth. Future plans, following series B funding, include scaling its app partnerships whilst consolidating its market position.
Freddie
Company Specialist at Welcome to the Jungle
Insights
29% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Nov 2022
$35m
SERIES B
Jan 2022
$90m
SERIES B
Total funding: $171.5m
Company benefits
- Work Life Balance - Set your own vacation days & enjoy flexible work options for a healthy work-life balance
- Modern Benefits - We invest in the holistic well-being of every team member by offering medical and mental health coverage, retirement assistance, and commuter benefits
- Professional Development - Grow your skills through in house training, online courses & industry conferences to ensure you're always ahead of the curve
- Workspace Your Way - Whether you're based in an office or working remotely, we provide the tools or financial support to make your workspace work for you
- We're A Fun Group - Be part of a diverse culture that believes in working hard and having fun at the same time!
- Cutting Edge Technology - Work with the latest tech to build a world-class product & transform SMB banking with our growing team
Company HQ
Flatiron District, New York, NY
Articles
Leadership
Michael Rangel
(CEO)Their background lies in operations, having previously worked for Fairholme Capital Management and Smith Barney.
Tyler Mcintyre
(Co-founder)MBA from Wharton, They are also an Angel investor.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 2 more jobs at Novo