Manager of Risk Strategy, Octane
$110-150k
+ Corporate bonus eligibility
End-to-end digital buying experience
Be an early applicant
End-to-end digital buying experience
201-500 employees
Be an early applicant
$110-150k
+ Corporate bonus eligibility
201-500 employees
Company mission
To connect people with their passions by making lifestyle purchases fast, easy, and accessible.
Role
Who you are
- 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
- 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
What the job involves
- 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
- 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
Our take
Octane 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 $4 billion in loans through its in-house lender.
Octane's impressive flurry of funding rounds in 2024 underscores strong confidence in its business model and future growth. This capital has enabled the company to expand into more markets, including the auto market with its captive-as-a-service solution for dealership groups.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
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 HQ
Midtown South, New York, NY
Leadership
Mark Davidson
(CRO & Co-founder)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 New Verticals Products & Co-founder)Head of Dealer Products at Octane Lending. Previously co-founded Cheggin.
Mark Garro
(VP 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.
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 4 more jobs at Octane