Senior FP&A Manager, Enova
$123-178k
More information about location
AI-driven financial credit provider
Posted today
AI-driven financial credit provider
1001+ employees
Posted today
$123-178k
More information about location
1001+ employees
Company mission
Enova's mission is to help hardworking businesses and individuals get access to fast, trustworthy credit through its AI-driven credit solutions.
Role
Who you are
- The ideal candidate will be a skillful leader with a deep understanding of financial management principles, knowledge of asset-liability management principles and demonstrated success in a high-growth, dynamic and fast-paced environment who will be expected to partner across the organization at all levels to drive strategic growth and shareholder value, optimize balance sheet structure, and own key strategic projects and analyses
- Bachelor’s degree in Finance, Accounting, Economics, or other related field (MBA, CFA or CPA a plus)
- 7+ years in company finance, corporate banking, investment banking, public accounting, or consulting
- Advanced Excel skills and integrated financial statement modeling knowledge
- Possesses strong critical thinking skills in preparing and communicating meaningful and insightful analysis
- Ability to influence successfully at all levels of the organization, synthesizing insights and conclusions into organized and impactful communications to senior management
- Demonstrates responsibility, accountability, and follow through when working on projects, even under ambiguous circumstances
- Capable of cooperating with cross-functional teams, transforming complicated issues into structured plans and actionable steps
- Helpful but not required:
- Exposure to the lending or broader financial services industries
- Certification or progress toward CPA, CFA or MBA
- Systems knowledge - ERP (Workday), FP&A modeling tools/databases, CPM software (MicroStrategy)
What the job involves
- Enova is currently searching for an ambitious Senior Manager to join our Finance team
- In this role, you will be responsible for forecasting Enova’s balance sheet and interest expense, overseeing Enova’s unit economics framework, and supporting Corporate Development efforts
- This position will report to the Director of FP&A
- Develop and analyze short and long-term balance sheet and interest expense forecasts through collaboration with Treasury and other key stakeholders
- Evolve Enova’s asset-liability capabilities, particularly liquidity risk management and interest rate risk management
- Drive profitable company growth by owning and facilitating execution across the organization of unit economics and return on invested capital analysis
- Collaborate with Capital Markets, Corporate Development, external advisors, and business unit leadership to evaluate financing options and the strategic and financial impacts of acquisitions and new initiatives
- Facilitate strategic and tactical decision making by developing high-impact analyses assessing potential portfolio adjustments, new product and market opportunities, and relevant industry trends to support prioritization and optimization of capital investment
- Partner with department heads to pursue optimal cost structure through close evaluation of costs necessary to support organizational goals
- Author and deliver impactful presentations, distilling complex ideas and opportunities into actionable insights including materials to communicate company achievements, strategy, and outlook to internal and external stakeholders
- Manage and mentor a team of analysts through a culture of continuous improvement, innovation, and professional development
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 opportunities for credit when they would otherwise be missed. There is definitely a market for its product: over 8 million customers have funded almost $50 billion 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 increasingly come to rely on Enova's AI-based solutions to help them manage credit risk and navigate an increasingly complex lending environment.
Steph
Company Specialist at Welcome to the Jungle
Insights
13% employee growth in 12 months
Company
Company benefits
- Hybrid roles entail working in-office from Tuesday to Thursday, with the choice to work remotely on Mondays and Fridays
- Health, dental, and vision insurance including mental health benefits
- 401(k) matching plus a roth option (U.S. Based employees only)
- 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!
Company values
- Customer first: We listen to our customers’ needs and create products that solve real problems. We deliver beyond expectations, treating our customers the way we want to be treated
- Best answer wins: We believe innovative ideas and solutions can come from anywhere. That’s why we make sure the best answer wins — no matter who it’s coming from.
- Operate as an Owner: The entrepreneurial spirit runs strong at Enova. We encourage team members to think big and move fast and use resources like they’re their own
- Accountable for Results: We’re a data-driven company, and we use that data to add value and create results. We set our expectations high and do what we say we are going to do
- Top Talent and Teamwork: Enova is a place for the best and brightest, from all walks of life and parts of the world. We work in small, focused teams that encourage diversity of thought
Company HQ
Chicago Loop, Chicago, IL
Articles
Leadership
David Fisher
(CEO, not founder)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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