Summer 2020 Mathematics Internship at OppLoans

| Chicago
Sorry, this job was removed at 12:32 p.m. (CST) on Wednesday, March 4, 2020
Find out who's hiring in Chicago.
See all Internships jobs in Chicago
We are OppLoans

Growth with a Purpose 
OppLoans is a growing FinTech company that provides accessible and simple-to-understand lending products for middle-income consumers with five-star customer service. We’re growing fast with profitable returns, and new employees can make an immediate impact.
OppLoans is a team of caring and inventive “Opptimists” with diverse perspectives and backgrounds. OppLoans 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 morning and know they are a part of something great. That’s why we prize collaboration, collegiality, and letting the best ideas win the day. 
The Opportunity:
The Mathematics Intern will sit within the Compliance team, which oversees how OppLoans follows regulations and requirements. We are a utility team that partners with sub-groups within the company to help ensure these requirements are met. One such requirement is to disclose the cost of our products, which is called the annual percentage rate or “APR”. We are looking for an intern to build a calculator to verify APR. Interns are viewed as full-time members of the team and will be involved in project-based work with quantifiable impact.
Key Job Responsibilities:
  • Write complex SQL and/or Python formulas to develop an internal calculator to verify the accuracy of our APR based on Appendix J of the Consumer Financial Protection Bureau’s (CFPB) Regulation Z.
  • Discuss development, product, and queries with Business Analytics, Credit and Compliance.

Requirements:
We're seeking passionate, innovative problem solvers with a desire to have a real impact. Candidates must graduate in 2021 with a Bachelor's or Master's degree, preferably in mathematics, economics, or finance. Please note, we will only consider candidates who will be in the Chicago area for summer break.
Preferred Skills:
  • Proficiency in Excel.
  • Experience with mathematics or financial calculations
  • Moderate-to-strong experience working with SQL.
  • R/Python (preferred).
  • Ability to break down problems and present findings concisely.
  • Equation writing and problem-solving.

Why OppLoans?

Employees Love Working Here
With a dynamic startup culture and great benefits, we’ve attracted top talent and boast one of the most engaged offices in the country. In 2019, we were named the 4th fastest growing company in Chicago by Crain’s Chicago Business, received the 86th spot on the Deloitte Fast 500, and are named one of the best companies to work for in the nation by Glassdoor two years in a row. Check out our Glassdoor reviews to see why our employees love us!
Customers Love Our Product
OppLoans is committed to delivering a best-in-class experience to our customers. Don’t believe us? See what our customers are saying on Google and the BBB! We were also named a number one personal lender by Lending Tree, and a “Leader in Quality and Innovation” by the Center for Financial Services Innovation (FinX). 
Compensation and Benefits
OppLoans is an equal opportunity employer that does not discriminate against any applicant for employment, or any employee, because of age, color, sex, disability, national origin, race, religion, or veteran status. Our office is conveniently located in downtown Chicago with panoramic views of Millennium Park and Lake Michigan, with rooftop access. We offer a great compensation and benefits package for full-time employees to support you at work and outside of work as you grow your career with us. These include a free gym membership, casual dress policy, subsidized daily lunches, stocked kitchen with healthy snacks and drinks available, an employee and peer recognition program, and intramural sports leagues.
Read Full Job Description
Apply now

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • RubyLanguages
    • ClojureLanguages
    • Google AnalyticsAnalytics
    • ConfluenceManagement
    • JIRAManagement
    • WordpressCMS
    • SalesforceCRM

Location

OppLoans is located in the heart of downtown Chicago, adjacent to Michigan Avenue and across the street from beautiful Millennium Park.
OppLoans' "People First" Ethos Inspires Employees to Make Great Tech
Watch

What are OppLoans Perks + Benefits

OppLoans Benefits Overview

Fully stocked kitchen with healthy snacks & drinks available.
Subsidized daily lunches.
CTA & Metra benefit program.
Free gym membership.
Free shuttle passes to Metra stations.
Casual dress policy.
Discounted Divvy memberships.
401(k) match program.
Free OppLoans apparel.
Competitive salary and benefits package.
Fun, fast-paced work environment.
Employee and peer recognition program.
Dynamic start-up culture and environment.
Ability to make an immediate impact in a growth stage company.
Flexible paid vacation policy.
Free health benefit options.
Intramural sports leagues.
Weekly office events (happy hours, massages, game nights, private yoga sessions, catered
breakfasts, etc.).
Dual monitors and stand-up work stations.
Convenient downtown Chicago office located in the heart of the city.
Awesome panoramic office view of Millennium Park and Lake Michigan, with rooftop access.
Equal opportunity employer.

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Intracompany committees
Daily stand up
Open door policy
Team owned deliverables
Team based strategic planning
Group brainstorming sessions
Pair programming
Open office floor plan
Diversity
Dedicated Diversity/Inclusion Staff
Unconscious bias training
Someone's primary function is managing the company’s diversity and inclusion initiatives
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability Insurance
Dental Benefits
Vision Benefits
Health Insurance Benefits
Life Insurance
Pet Insurance
Wellness Programs
Onsite Gym
OppLoans gym is a state-of-the-art fitness center free to all employees, and provides yoga, kickboxing and pilates classes on site.
Retirement & Stock Options Benefits
401(K)
401(K) Matching
Performance Bonus
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Vacation & Time Off Benefits
Generous PTO
Paid Volunteer Time
Paid Holidays
Paid Sick Days
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Game Room
Stocked Kitchen
Some Meals Provided
Happy Hours
Recreational Clubs
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
Tuition Reimbursement
Diversity Program
Lunch and learns
Acme Co. hosts lunch and learn meetings once per quarter.
Cross functional training encouraged
Promote from within
Mentorship program
Continuing Education stipend
Time allotted for learning
Online course subscriptions available
Customized development tracks
Paid industry certifications
More Jobs at OppLoans29 open jobs
All Jobs
Finance
Data + Analytics
Dev + Engineer
HR
Legal
Marketing
Operations
Product
Sales
Data + Analytics
new
Chicago
Operations
new
Chicago
Data + Analytics
new
Chicago
Operations
new
Chicago
Finance
new
Chicago
Operations
new
Chicago
Marketing
new
Chicago
Operations
new
Chicago
Developer
new
Chicago
Product
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Marketing
new
Chicago
Operations
new
Chicago
Finance
new
Chicago
Developer
new
Chicago
Developer
new
Chicago
Product
new
Chicago
Developer
new
Chicago
Sales
new
Chicago
Developer
new
Chicago
Data + Analytics
new
Chicago
Finance
new
Chicago