Summer 2020 MBA Finance Intern

Sorry, this job was removed at 11:46 a.m. (CST) on Friday, June 5, 2020
Find out who's hiring in Chicago.
See all Internships jobs in Chicago
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

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:

If you want to have a tremendous impact at one of the Inc. 500 fastest growing companies, we want to hear from you. The internship will provide valuable experience in finance and strategy that cover projects within the following areas: 

  • Financial Planning & Analysis – Work with the FP&A team on all aspects of financial modeling, budgeting, forecasting, high-level analytics, and cash forecasting.
  • Capital Markets – Within the Capital Markets function we manage our capital and funding sources. We raise capital and optimize the liabilities side of our balance sheet.
  • Corporate Strategy – Exposure to corporate strategy and development and how finance plays an essential role in that process. Collect and analyze data which will guide our strategic outlook.

Key Job Responsibilities:

At OppLoans, interns aren't simply doing rudimentary tasks or chores. They're given opportunities that require high levels of critical thinking, collaboration, and leadership. Every summer, interns have been responsible for creating systems, tools, or practices that have substantially impacted our bottom line. You'll work with your manager to set goals and measure performance along the way.

Specific projects may include:

  • Develop dynamic driver-based, real-time financial modeling focused on projecting cash flow, income statement, and balance sheet impacts based across a multitude of scenarios.
  • Revamp management reporting to ‘public company’ quality earnings releases and investor presentations.
  • Partner closely with Capital Markets team on complex financing structures.
  • Define and manage interest rate and other financial risks on the balance sheet; recommend and execute strategies to manage risks.
  • Develop competitive intelligence frameworks to benchmark company vs. the market.
  • Develop unit economic models to evaluate return on capital from different products and geographic markets.

Requirements:

We're seeking passionate, innovative problem solvers with a desire to have a real impact. 

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
By clicking Apply Now you agree to share your profile information with the hiring company.

Technology we use

  • Engineering
  • Product
  • Sales & Marketing
  • People Operations
    • RubyLanguages
    • ClojureLanguages
    • Google AnalyticsAnalytics
    • TableauAnalytics
    • CanvaDesign
    • PhotoshopDesign
    • ConfluenceManagement
    • Google DocsManagement
    • JIRAManagement
    • Monday.comManagement
    • WordpressCMS
    • DocuSignCRM
    • SalesforceCRM
    • MailChimpEmail
    • SlackCollaboration
    • ZoomCollaboration
    • Monday.comProject Management
    • LatticeProject Management

Location

OppFi is located in the heart of downtown Chicago, adjacent to Michigan Avenue and across the street from beautiful Millennium Park.

What are OppFi Perks + Benefits

OppFi 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
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Team workouts
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave Benefits
Generous parental leave
Family medical leave
Vacation & Time Off Benefits
Unlimited vacation policy
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Recreational clubs
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
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.
Professional Development Benefits
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

In addition to offering generous insurance benefits and 401(k) matching, we pride ourselves on a fun, collaborative and supportive company culture. Prior to COVID-19, this meant in-office events like game nights, bagel mornings and chair massages as well as semi-annual company parties. With all our teams working remotely right now, we’re holding digital events in their place, like trivia nights, Zoom cooking classes, movie nights, and coffee chats. Through our lifestyle benefits platform Fringe, employees can access discounted services that support a healthy work/life balance. We are always looking for ways to treat our employees well and show them they’re appreciated.

More Jobs at OppFi

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about OppFiFind similar jobs like this