Senior Manager, Pricing and Analytics

Octane is unlocking the power of financial products for merchants and consumers. Our cutting-edge technology and innovative financial products empower businesses with more control and flexibility, enabling them to deliver seamless digital experiences, drive customer loyalty, and build long-term value.  

Octane supports merchants throughout the sales cycle: connecting dealerships with high-intent buyers, driving transparent, fast, and easy closings with award-winning technology, and providing on-going customer care with superior loan servicing.

Founded in 2014, Octane supports over 60 OEM partner brands and over 4,000 dealer partners, and has a team of over 600. Visit www.octane.co.

The Sr. Manager of Pricing and Analytics will be responsible for leading and overseeing the methodologies and modeling applied to auto loan pricing and front-end account origination analysis.  Additionally, this role will be responsible for developing novel loan pricing strategies based on deep understanding of the acquisition economics, cost drivers, risk abatement strategies, and sophisticated financial modeling. The role requires an exceptional blend of problem solving, business acumen/context and expert financial analysis skills to derive actionable pricing strategies. This person should be capable of developing a deep understanding of the Company’s business and work closely with cross functional teams, including executive management, to recognize both risks and opportunities.

Candidates should be comfortable with high-growth environments and expected to concurrently manage multiple complex projects and thrive in a fast-paced dynamic organization. This position reports directly to the SVP of Auto Credit Strategy.

Responsibilities: 

• Apply highly analytical techniques and financial rigor to the process of developing and leading the loan pricing and structural strategies in auto lending to maximize loan acquisition while abating undue credit risk.
• Act as a thought leader on the auto team, providing insights and influencing others while developing strong working relationships with cross functional teams.
• Constantly challenge existing business practices and develop recommendations and actions plans for improvements.
• Own the primary interactions with FP&A, Treasury and the Risk team in developing highly accurate and creative pricing and loan structuring models.
• Establish  clear direction for the company’s long-term growth plan.
• Leverage the use of AI in techniques for data collection, data mining, analysis and presentation of findings.
• Develop and lead presentations to the senior leadership team on the performance and strategies within the auto program.
• Mentor and develop others both on the auto team and throughout the organization.
• Perform other projects as required.

Requirements:

• Bachelor's degree in quantitative fields such as Statistics, Mathematics, Engineering, Economics or related fields required.
• Minimum of 6 years’ experience in quantitative role(s) with Consumer Finance or FinTech  experience required, indirect auto lending strongly preferred.
• Strong understanding of AI techniques and applications within the financial lending industry
• Experience in SQL, Python, Tableau and other business intelligence tools with a mastery of Excel and/or Google Sheets for developing valuation and financially structured models.
• Superior communication skills and ability to successfully lead and influence internal clients, business partners, automotive dealers, and outside investors.
• Considerable knowledge of business management, operations, and budgeting.
• Exceptional organizational skills with the ability to handle multiple, high priority projects with a keen attention to detail and within a highly demanding environment.

Compensation: In addition to salary, Total Rewards include bonus eligibility, a stock option package, and benefits as outlined below. The role described above offers a base salary of $135,000 to $185,000 + corporate bonus eligibility. Your offer will be based on location, the alignment of your qualifications with the requirements of the job and internal equity

Benefits:

• Robust Health Care Plans (Medical, Dental & Vision)
• Generous Parental Leave
• Flexible Time Off (FTO) Policy - Time Off When You Need It
• Retirement Plan (401k) with company match!
• Educational Assistance/Tuition Reimbursement up to $3K/year 
• Life Insurance (Basic, Voluntary & AD&D)
• Short Term / Long Term Disability
• Robust Ancillary benefits including accident insurance, hospital insurance, etc
• Wellhub (Gympass) Wellness Benefit
• Recreational Safety Benefit

Disclaimer:  The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification.  They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.  All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.