Best Egg
Wilmington, DE
201-500 employees
We inspire confidence to overcome challenges with everyday finances by providing simple, personalized, and accessible solutions.
Other Open Roles
Prior Listings
Senior Credit Strategy Analyst
Senior Credit Strategy Analyst
This job is no longer open
Best Egg is a consumer financial technology platform that aims to help people feel more confident about their everyday finances through a suite of products and resources. Our digital financial platform offers simple, accessible, and personalized financial solutions including personal loans, credit cards, and a financial health resource center.
Our culture and values are one of the core reasons why our customers keep returning to Best Egg. We are committed to championing a culture of inclusiveness and diversity of thought, and we focus on providing a safe, flexible, and collaborative work environment. Our associates are encouraged to engage in creative problem solving, and we promote opportunities for growth and enrichment across the organization.
If you are inspired by inspiring others, Best Egg is the place for you.
Best Egg celebrates diversity and equal opportunity. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills. The more inclusive we are, the better we will grow.
The Senior Credit Strategy Analyst will be a critical member of the Credit team and will lead credit strategy for personal loans. Responsibilities include Pricing, Loan amount, Fee & Offer strategies across all acquisition channels, strategy improvement and innovation, monitoring of Champion/Challenger data, and web funnel conversion improvement while maintaining investor returns. The incumbent will work closely with implementation on offer strategy architecture and platform re-design. The Manager contributes leadership and technical expertise to collaborate with other senior leaders across Marlette’s quickly growing fintech business.
The incumbent is also expected to provide leadership across other areas of the business to drive overall company objectives, by identifying opportunities and proposing solutions. Internal and External Stakeholder satisfaction will be a component of measuring performance.
This is a full time, permanent position with competitive benefits and upward mobility. If you call yourself a self-starter who can work in any environment and enjoy every day bringing unique challenges and opportunities, then you will thrive in this role.
Duties & Responsibilities
- This individual will be responsible for monitoring, refining and developing Credit offer strategies (including pricing, loan amount & fees) for personal loans
- Work with implementation on offer strategy architecture and re-design project.
- Create test/control champion/challenger tests and monitoring to inform future strategies
- Provide scenario analysis/create financial impact sizing/develop new strategy test case
- Perform ad-hoc analytics, create reporting and presentations
- Work across functional areas to drive overall growth, product enhancements, and improve web funnel conversion rates across all channels.
- Partner with Decision Science to define and develop Credit models and tools
- Maintain overall risk and return targets for investors particularly in a changing economic environment
Requirements
- Development:
- 5+ years experience in a similar analytical role
- Bachelor’s Degree in Statistics, Mathematics, Operational Research, Engineering, other quantitative major required; Master’s degree a plus
- Experience in financial industry, credit risk required; online lending, near-prime, sub-prime is a plus
- Must be proficient in SAS, SQL, and MS Excel; Python or R a plus
- Experience in strategy implementation, architecture, design in decision or rules engines is a plus
- Excellent English written/verbal communication skills, critical thinking and interpersonal skills
- Highly independent and self-motivated to forming opinions that are supported by data.
- Strong knowledge of modeling tools and techniques and use in strategy
- Ability to understand competitive pressure, economic trends and their business impacts.
- High Energy with ability to work in a fast-paced environment
- Comfortable interacting and engaging with colleagues from all levels of management across all business units and third-party vendors
- Demonstrated technical leadership skills including self-direction, coaching and mentoring
- Highly motivated, well organized, capable of developing and executing business analysis and able to communicate status and results effectively
- Ability to succeed within a cross-functional team emphasizing Collective Ownership in a fast-paced environment
- Ability to work effectively both independently and as a team member
- Be confident and willing to challenge status quo, but also willing to concede and execute other’s ideas when necessary
- Capable of teaching and learning from others to promote continuity of knowledge and personal development
- Cultivate good working relationships with other business units, particularly Marketing, Operations, and Finance
Leadership:
Culture:
In addition to semi-monthly salary payments, base salary range $65,000 - $104,000 this position is also eligible for an annual incentive bonus based on individual and company performance. Annual bonus target 20%
Our Brand:
At Best Egg, we believe money should be accessible so people can reach their goals, live a fuller life, and feel pride in knowing they have taken control of their finances. For those who need extra money to achieve the progress they seek in life, Best Egg is the modern solution-minded finance provider that mixes decades of banking experience with smart technology and deep customer insight to create products designed for today’s borrower, so that people can establish a smoother financial path. The egg symbolizes protection and a fresh start.
Employee Benefits
Best Egg offers many additional benefits for our employees, including (but not limited to):
· Pre-tax and post-tax retirement savings plans with a competitive company matching
program
· Generous paid time-off plans including vacation, personal/sick time, paid short--
term and long-term disability leaves, paid parental leave, and paid company
holidays
· Multiple health care plans to choose from, including dental and vision options
· Flexible Spending Plans for Health Care, Dependent Care, and Health
Reimbursement Accounts
· Company-paid benefits such as life insurance, wellness platforms, employee
assistance programs, and Health Advocate programs
· Other great discounted benefits include identity theft protection, pet insurance,
fitness center reimbursements, and many more!
This job is no longer open