As a leading financial technology platform, OppFi powers banks to bring credit access to  millions of everyday consumers who are locked out of mainstream financial options. We go beyond our mission - to help people rebuild financial health - and go further to ensure we keep the customer at the center of everything we do. We are creating a Customer-obsessed culture, with the capital “C”. 

And it starts with our team here. We are a team of caring, innovative, and inclusive individuals who thrive in being immersed in diverse talents, expertise, perspectives and backgrounds. Our employees approach every new challenge with an unparalleled ability to see what could be rather than settle for what is. We welcome individuals who want to make a difference in the financial system through creating and building simple, transparent products that facilitate credit access, enable savings, and build wealth.

A few other fun facts about us. OppFi is an Inc. 5000 company for six straight years, a Deloitte's Technology Fast 500™, the seventh fastest-growing Chicagoland company by Crain's Chicago Business, and was named on Built In's 2022 Best Places to Work in Chicago.

What you get to do: 

• Monitor customer portfolio and ensure adherence to the credit policy and procedures
• Design and implement comprehensive analysis as part of the credit review process, including evaluation of portfolio risk and impact from strategy changes
• Work with cross-functional team to identify credit risk improvement opportunities and leverage data and models to build strategy to deliver incremental business value 
• Analyze existing strategies and models, and build new models/rules 
• Build report to track funnel conversion and identify insights from performance metric; summarize and present findings and recommendation to senior leadership
• Perform internal independent model validations, pre model deployment and post production validations. Manage stakeholder’s reports and data for model quality and performance and evaluate models across the organization to meet both regulatory and business needs 
• Identify, analyze and quantify any potential model risk and limitation, including sensitivity to model assumptions, model calibration, stability using statistical techniques (AUC, KS, PSI, back-testing, scenario analysis, etc.)
• Prepare high quality validation reports (on-going monitoring, quarterly/annual reports, etc.). Document the findings of analysis and validation results. Present results and recommendations for changes, continued usage or rejection of models.
• Understand the business contexts of model usage, and contribute to the development of model risk management policies and procedures. Help maintain model validation and governance policies, standards and procedures.
  

What you will bring to the team:

• BA/BS degree with specialization in business, finance, or economics, statistics, computer science. (Masters degree preferred).
• 1+ years of experience as Credit Risk Analyst/Data Analyst
• 1-3 years of experience in analyzing data using database query language (e.g. SQL, etc) and data processing and analysis tools such as R/Python etc and familiarity with Github
• 1+ year of experience with using analytical and data science skills including knowledge of Statistical concepts like Hypothesis testing, Confidence Interval, etc and Machine Learning techniques such as XGBoost, Random Forest, Linear Regression
• Basic familiarity with shell scripting and AWS EC2 services.
• Good interpersonal, communication, analytical, and problem-solving skills.
• Aptitude and strong desire to learn about business processes, and applying data science techniques and analysis in improving key metrics and solve business problems 
• Ability to work independently and manage multiple projects simultaneously

Reports to: Senior Manager, Credit

Job Level: Senior Associate

The minimum salary for this role is $90,000. The total compensation package includes eligibility for performance-based bonuses as well as a 1-time equity grant based on level.

The actual offer, reflecting the total compensation package and benefits, will be at the company’s sole discretion, and determined by a myriad of factors including, but not limited to, years of experience, depth of experience, and other relevant business considerations.

Total Rewards and Benefits

OppFi offers a flexible remote environment, 401(k) matching program, and flexible paid vacation. Other benefits include medical benefits, dental and vision coverage, and tuition reimbursement. To support your wellness & growth, we provide monthly meditation and yoga classes and access to all LinkedIn Learning courses. We also offer Fringe, which is a lifestyle benefits platform that lets you decide how you want to spend your rewards from dozens of vendors like Uber, Doordash, and Urban Sitter. Dress code is casual. 

EEOC Statement: 

OppFi is an equal opportunity employer and does not discriminate based on any actual or perceived legally recognized protected bases under local, state, or federal law or regulations. Our goal as a company is to build an equitable workplace that actively works to dismantle systems of oppression in our processes, procedures, and interactions. We aim to help our employees thrive where they work and beyond. Check out our Culture page here.

OppFi is committed to the full inclusion of all qualified individuals. As part of this commitment, OppFi will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact our People team at [email protected]. 

Pursuant to the requirements of the California Consumer Privacy Act, OppFi is providing the "OppFi California Employee Privacy Policy", which details the categories of personal information collected and your rights under the policy. If you are a California resident, please review the policy here: https://www.oppfi.com/careers/