Senior Risk Analyst, Octane
Enterprise Risk Governance
End-to-end digital buying experience
Job no longer available
End-to-end digital buying experience
201-500 employees
Job no longer available
201-500 employees
Company mission
To connect people with their passions by making lifestyle purchases fast, easy, and accessible.
Role
Who you are
- 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
What the job involves
- 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
- 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"
Our take
Octane Lending is revolutionizing the financing process within the powersports industry. The company's online platform offers streamlined online financing options and has significantly improved customer experience through its technology-driven solutions.
In addition to its core focus, Octane has expanded its offerings to include recreational vehicles, tractors, trailers and electric vehicles. The company collaborates with over 30 original equipment manufacturers (OEMs) and has originated more than $4B in loans through its in-house lender, Roadrunner Financial.
Octane's impressive flurry of funding rounds in 2024 underscores strong confidence in its business model and future growth. The new capital will allow Octane to expand into more markets, all off the back of a milestone year in which it has expanded into marine markets and achieved $5B in aggregate originations.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
Company
Company benefits
- Medical, Dental, Vision: Generous coverage for you and your dependents
- Generous Parental Leave: As your family grows, ours does too
- 4+ Weeks of PTO: Enjoy your time off & have the encouragement to take it!
- Education Stipend: Up to $3000/year for continuing education
- Competitive 401(k): We match 100% of the first 3% you contribute and 50% of the next 2%, for a total match of up to 4%
- Donation Matching: Octane matches charitable gifts from employees year-round
- Powersports Safety Benefit: Up to $500/year for powersport safety equipment
- Gympass Membership: We offer flexible memberships to thousands of gyms, studios, and apps to support your wellness journey
Company values
- Embrace diversity of people & ideas
- See opportunity not obstacles
- Win as a team
- Own our customers' success
- Ruthlessly prioritize
- Seek truth & test assumptions
Company HQ
Midtown South, New York, NY
Articles
Leadership
Mark Davidson
(Co-Founder & CRO)Previously co-founded Cheggin where they served as the CEO. They also co-founded oDigger and CaptureSEO and worked as a Marketing Manager at Egos Marketing.
André Gregori
(Head of Dealer Products & Co-Founder)Head of Dealer Products at Octane Lending. Previously co-founded Cheggin.
Mark Garro
(Senior Director of Engineering & Co-Founder)Senior Director of Engineering at Octane Lending. Previously served as the CTO at Cheggin and ScholarLocker. They also worked as a Software Engineer at VIVANA Wellness.
Michael Fanfant
(Boardmember & Co-Founder)Board Member at a number of companies including Octane Lending. Also a General Partner at Runa Capital and previously a Strategy Associate at Capital One.
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