Position Summary:

Enova is currently searching for a Capital Markets Associate responsible for developing and implementing an ongoing strategy for funding our loans - a complex role essential to the functioning of an online lender. This person will be a key part of the company’s securitization funding activities and will act as the central point of contact for our asset-backed funding programs with both external and internal stakeholders. You will be able to drive process improvement, build relationships with stakeholders, and work in a fun and motivated culture!

Perks/Benefits: 

• The office is located within walking distance to both Union Station and Ogilvie which makes it easy to commute from within the city or the suburbs. 
• Commuter benefits, health care benefits, a 401K matching plan, summer hours, tuition reimbursement, and a sabbatical program.
• Revamped parental leave program (and brand new nursing rooms for our returning mothers!) 

What You'll Do Here:

• Work on a small team as an integral part of capital markets strategy decision-making
• Structure, negotiate and execute debt transactions in a variety of categories including bank facilities, securitizations and other public and private unsecured programs
• Lead diligence processes to help financing counterparties understand Enova’s assets and business in order to receive, evaluate, and provide feedback on term sheet proposals
• Support and manage investor due diligence and audits, including data accessibility
• Help build relationships with existing and potential investors through introductory meetings (phone/conferences), due diligence sessions, and data requests
• Coordinate the processes across internal and external stakeholders to identify and pledge eligible collateral
• Build financial models to analyze and interpret the impact of various debt funding strategies while working in the context of the broader corporate model
• Prepare and implement monthly servicer reports
• Ensure programs are established and conducted in compliance within deal agreements
• Coordinate with Finance to ensure accurate forecasts for planning funding requirements, notices, and trigger monitoring
• Analyze the positioning of the securitized assets across the firm's accounts and identify any irregularities 

What We Need From You:

• Bachelor’s degree or equivalent experience
• 2-5 years of relevant experience within financial services firm (e.g. investment banking, private equity, hedge fund, rating agency) or a corporate treasury department
• Independent and motivated self-starter with advanced problem solving, strong attention to detail, and issue resolution skills
• Ability to handle multiple projects with tight deadlines, to follow through to completion, and to present conclusions in an organized and thoughtful fashion
• Asset-backed financing, Capital Markets, Treasury, Fintech or Lending experience is a plus

Stuff We Like, But Don't Require:

• Experience in modeling debt transactions
• Experience using SQL, Python, or another statistical programming language
• Familiarity with securitization transactions

Enova Overview:

Enova is a leading provider of online financial services that leverages its advanced technology and analytics to provide access to credit for non-prime consumers and small businesses. Our roots are in Chicago, but we have served nearly 5 million customers through our six businesses in the U.S. and abroad. We pride ourselves on hiring smart and driven people who bring new and innovative ideas to the table. Our philosophy is, "Life’s short. Work some place awesome."

Our goal at Enova is to recruit, hire, develop and maintain a diverse workforce. It is our policy to provide equal employment opportunity for all persons and not discriminate in employment decisions by placing the most qualified person in each job, without regard to any other classification protected by federal, state, or local law.