Helping the Everyday Consumer Build Financial Health 

OppFi is a leading financial technology platform that powers banks to help the everyday consumer gain access to credit. Through our unwavering commitment to customer service, OppFi helps consumers who are turned away by traditional providers build a better financial path. OppFi is an Inc. 5000 company for five straight years, a Deloitte's Technology Fast 500™, and the seventh fastest-growing Chicagoland company by Crain's Chicago Business. The company was also named on Forbes America 2021 list of America's Best Startup Employers and Built In's 2021 Best Places to Work in Chicago. We welcome individuals to join us in facilitating financial inclusion and credit access for everyday consumers to live the life they deserve.

OppFi is a team of caring, innovative, and inclusive individuals with diverse 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 want people to be excited to come to work every day and know you are a part of making a difference. Our company values guide us and create an open and collaborative culture where we hold the door, say what we see, do what we say, and dare to win together!

What you get to do: 

OppFi is looking for someone to join our installment credit team. You will develop risk strategies and policies for our current installment loan product and the new iterations of the product. You will lead credit strategies to improve waterfall and credit performance, and develop a team of experienced professionals. You'll also be involved in high visibility projects to make OppFi's installment loan product the best offering for our customer regarding price, features and underwriting process.

Responsibilities:

• Provide expertise to translate our problems into credit risk framework(s) and recommend actions and provide insights
• Develop credit policies from the ground up for new lending products and iterate to improve underwriting criteria and loan amount/pricing strategies
• Determine underwriting criteria using new credit risk models in partnership with our data science team
• Guide company-wide fraud risk strategy and build tools and systems (in partnership with other teams) to minimize the risk
• Set procedures for the team to monitor the risk performance of all of our credit products and improve for company goals
• Work with vendors to manage product evaluation and data studies, in collaboration with the Data Science team
• Manage a team of risk analysts and improve team growth through hiring, training, documentation, and knowledge sharing
• Implement team-wide standards and procedures for credit and fraud risk management practices
• Work with teams to explore new ways of finding insights from data and to ensure understanding on priorities
• Work with senior leadership (C-Suite) team members to manage expectations around delivery and present solutions

Requirements:

• Bachelor's degree (required) or advanced degree (preferred) in a quantitative field (mathematics, statistics, computer science, engineering)
• 10+ years of experience in Data Science, Credit Risk, Fraud Risk, Marketing Analytics, Operations Analytics, Modeling or related field
• Hands-on leader with 6+ years of experience leading a team of analytics professionals
• Work experience in Financial Services, preferably at a FinTech company, building risk strategies for several credit products (loans, lines of credit, credit cards)
• Advanced SQL programming experience in Python
• Experience supporting with teams in a dynamic environment
• You will be authorized to work in the U.S. on a full-time basis

Reports to: VP, Credit Risk

Job Level: Director

The minimum salary for this role is $149,000. 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.

Define your career at OppFi

OppFi is committed to providing an exceptional employee experience from Day 1. Key new hire programs include Day 1 Orientation, training with your manager and team, lunches with our CEO and President, and an educational summit featuring presentations by our senior leaders. Throughout and beyond your first-year journey, you'll have access to a variety of events focused on culture, inclusion, connection, and education. We want you to feel welcomed, informed, and valued for who you are and what you bring to our company.

• Day 1 - Month 3: Define Your Mission
  You’ll understand our company mission, values, and vision, and how your position at OppFi plays a part in that. With the help of your manager, you’ll set mission-aligned goals to make an impact in your role.

• Months 3 - 6: Define Your Belonging
  You’ll understand OppFi’s culture and know how to engage with and influence that culture.

• Months 6 - 12: Define Your Journey
  You’ll feel confident in your ability to execute in your role and empowered to take next steps in developing your career at OppFi.

Compensation 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/