Why OppLoans?
Strong Growth and Profitability
OppLoans has grown 1,500 percent over the last three years, with 2018 marking the third year in a row we made the Inc. 500. We have originated hundreds of thousands of loans and will surpass $125 million of annual revenue in 2018. In 2019, we’re projected to exceed $200 million, all while maintaining strong profitability.
Customers Love Our Product
OppLoans is committed to delivering a best-in-class experience to our customers. Don’t believe us? See what our borrowers are saying on Google and the BBB!
Employees Love Working Here
With a dynamic startup culture and generous benefits, we’ve attracted top talent and boast one of the happiest offices in the country. We were recently named the 3rd fastest-growing startup by Built In Chicago and are looking to hire 100 new employees in 2019. In 2018, Glassdoor named us the 6th best place to work in the nation. Check out our reviews to see why our employees love us!
The Opportunity:
The FP&A Analyst is a critical member of the Finance team who will partner with OppLoans’ FP&A Manager and VP Finance & Capital Markets to drive the firm’s management of its growth plans and manage the firm’s profitability over the short and long-term. In addition, the role will focus on critical FP&A functions including leading inorganic / organic business development initiatives, management reporting, forecasting and performance benchmarking. This role will require partnership across all functional areas in the firm including marketing, operations and technology.
Responsibilities:
- Drive robust financial modeling focused on projecting cash flow, income statement and balance sheet impacts based on various scenarios of growth / stress testing and funding structures
- Responsible for all FP&A functions which include P&L and KPI budgeting, forecasting, planning, modeling, reporting and variance analysis
- Prepare Board Presentations on behalf of the CFO and other Leadership Committee members
- Analyze cash capacity and drive the strategy for loan originations
- Evaluate the financial impact of new partnerships and product extensions
- Own performance metrics of the business and driver based financial reporting
- Develop and execute financing strategies to minimize the Company’s cost of capital
- Evaluate corporate development opportunities and quantify impact on the business
- Identify business drivers around working capital usage with a focus on forecasting and improving working capital usage
- Help define and manage interest rate and other financial risks on the balance sheet; recommend and execute strategies to manage such risks
- Perform industry and competitive benchmarking on key management metrics
- Develop unit economic model to evaluate return on capital on different products and geographic markets
- Streamline monthly reporting process
Qualifications:
- BA/BS in Mathematics, Computer Science, Engineering, Statistics, Economics or other quantitative degree
- SQL knowledge is a plus
- 2-4 years in Specialty Finance, Investment Banking, Capital Markets, Corporate Finance, Strategic Planning, or similar area
- Demonstrated experience in utilizing knowledge of accounting and forecasting concepts in developing financial projections with full sets of financial statements
- Experience with building and running complex financial models utilizing VBA and Macros, Data Modeling, and Statistical analysis
- Hands on experience in portfolio / asset based cash flow forecasting and analysis
- Ability to clearly communicate and organize analysis to present to senior management
- Adaptability to changes and ability to work in a fast-paced, high growth environment
- Familiarity with alternative funding structures related to asset backed lines
Competitive salary and benefits package including:
- Subsidized daily lunches.
- Fully stocked kitchen with healthy snacks and drinks.
- Free health insurance (base plan).
- Free gym membership.
- 401(k) with OppLoans match.
- Flexible paid vacation policy.
- CTA, Metra, and Divvy benefit program.
- Frequent office events (happy hours, massages, game nights, sports leagues, private yoga sessions, catered breakfasts, etc.).
- Awesome panoramic office view of Millennium Park and Lake Michigan, with rooftop access.
- Opportunity to attend conferences and courses to keep your mind sharp.
- Equal opportunity employer.
- Frequent office events (happy hours, massages, game nights, sports leagues, private yoga sessions, catered breakfasts, etc.).
