Alliant Credit Union
We set the standard for simple and rewarding digital banking.
Hybrid

Innovation Analyst

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Start a Rewarding Career with Alliant

What will your day look like?

The Loan Trading Desk is a critical function for Alliant in deploying capital market strategies to maintain balance sheet liquidity and diversification, loan origination channel flexibility, and the achievement of non-interest income goals.  Essential to the success of the Loan Trading Desk is the development of partner relationships with indirect lenders and fintechs that require financial partners for their loans.  Targeted partners are generally “fintech” specialty finance companies that target consumer and residential loans.

 

The Innovation Analyst works closely with the Partner and Product Manager, Loan Trading and at the direction of the Manager, Loan Trading to operationalize and automate new product offerings.  Prior to automation and integration into the Alliant ecosystem, the Innovation Analyst supports the day-to-day onboarding of loans. The Innovation Analyst will further work with the Partner and Product Manager to supply multiple internal partners with detailed product specifications and drive out downstream dependencies and data requirements.  It is critical for the Innovation Analyst to be able to serve as a product expert and resource, making sure that objectives are defined, communicated and achieved in accordance with the credit union’s priorities and targets. The Innovation Analyst will seek regular input from Asset-Liability management, Credit Risk, Legal, Lending, Technology, Information Security and other internal groups in pursuit of the organization’s overarching objectives.

 

Upon the achievement of predetermined automation and performance objectives, the Innovation Analyst will oversee the transfer of the new product to either the residential or consumer line of business depending on the product’s characteristics.  The Innovation Analyst will remain with the product as a subject matter expert and operational point person. General direction is received from the Manager, Loan Trading.   

 

This position requires approximately 10% travel.

Responsibilities

Do you see yourself doing this?

  • Comprehensive command of a new loan product including product pricing, legal agreements, credit expectations, performance, data feeds, compliance, quality assurance, operations.
  • Strong ability to coordinate the flow of information from an external partner to multiple internal business partners.
  • Excellent communication skills aimed at keeping internal and external stakeholders fully apprised.
  • Responsible for project planning, execution, monitoring, delivery and oversight of the timely achievement of critical milestones.
  • Positively influence others across functional areas and achieve buy-in to drive product development and implementation.
  • Highly effective communication, and relationship-building skills with cross-functional teams to achieve aggressive organizational goals and successfully navigate a complex organization.
  • Identification and resolution of issues that would present a risk to on-time implementation of product launch.
  • Engage the appropriate technical resources and department leaders to identify resource requirements, milestones, timelines, risks and mitigation plans.
  • Participates in the onboarding, processing, and reporting of new loans prior to automation of related activities.
  • Validates the effectiveness and user acceptance testing of all automation prior to transition of the relationship to the Lending line of business.
  • Produce reports and scorecards to update senior leadership.

Qualifications

What makes you a great fit?

You’ll be a great fit if in addition to a Bachelor’s degree in Finance, Economics, Accounting or similar quantitative discipline and 1 or more years of experience in one or a combination of the following:  consulting, accounting, project management, capital markets, or banking industry

 

  • Experience with consumer lending preferred
  • Strong technical skills, including accounting and asset valuation/pricing modeling
  • Proficient in Microsoft Excel, Word, and PowerPoint required
  • Strong communication skills, both written and verbal
  • Ability to manage multiple complex tasks while delivering high quality results
  • Ability to build and maintain collaborative relationships
  • Strong analytical thinking and problem-solving skills
  • Solid understanding of project management processes and practices
  • Proven ability to execute on deliverables
  • Demonstrated ability to influence without authority

 

 

When you’re happy, we’re happy!

As a thank you for joining our team, you’ll benefit from:

  • Competitive medical, dental, and free vision benefits
  • Competitive compensation plan
  • Contributions towards gym memberships
  • Generous PTO and banking holidays off
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What are Alliant Credit Union Perks + Benefits

Alliant Credit Union Benefits Overview

Alliant constantly works on improving its Employee Value Proposition. Our Human Capital Group team seeks ongoing employee feedback to continue to raise the bar on employee-focused benefits, making updates to the existing and adding new benefits every year.

Culture
Volunteer in local community
Alliant offers 8 hours of paid volunteer time benefit for all employees.
Partners with nonprofits
To execute on our mission of Bridging the Digital Divide, Alliant has partnered with PCs for People, Connected Nation, DiGiTunity and the National Digital Inclusion Alliance.
Open door policy
OKR operational model
Team based strategic planning
Flexible work schedule
Alliant provides employees with a flexible work schedule that includes Flexible start and end times.
Remote work program
Since the pandemic began, all non-essential job functions have been remote 100%.
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Highly diverse management team
Mandated unconscious bias training
Alliant provides our leaders and employees with unconscious bias, psychological safety and inclusive mindset training.
Diversity manifesto
Diversity employee resource groups
Alliant supports employee resource groups. At this time, employees created INCLUDE, a women's resource group and ALL, an LGBTQ+ employee resource group, and EMPOWER black employees' resource group.
Hiring practices that promote diversity
At Alliant, we ensure that we have a diverse candidate slate for every role for which we hire and that our interview panels are also diverse.
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Alliant employees can contribute up to $2,750 annually to their Health Care FSA and $5,000 to their dependent care FSA.
Disability insurance
Company provides Short Term Disability benefit payable for up to 13 weeks as well as Long Term Disability insurance that covers 66.67% of your monthly earnings up to $10,000 monthly maximum payout.
Dental insurance
Preventive services covered at 100%, Basic services covered at 80%; Major restorative services covered at 50%; Orthodontics covered at 50%
Vision insurance
Alliant offers free vision benefits to its employees and their dependents. The vision benefits plan covers 100% for annual eye exams after a $10 copay and $150 for glasses and contacts.
Health insurance
Alliant provides a choice of two medical plans. If you elect a medical plan, you are automatically enrolled in an HSA where Alliant contributes funds to help you pay for your out-of-pocket expenses.
Life insurance
Basic Life insurance and Accidental Death & Dismemberment is equal to 1 times an employee's annual salary. Employees can also purchase Voluntary Life insurance for themselves and their dependents.
Pet insurance
Our pet insurance policy covers up to %90 of out of pocket expenses.
Wellness programs
With Alliant's wellness reimbursement program, each employee receives up to $35 per month (non-cumulative) to spend on wellness activities and discounted wellness services through ThrivePass.
Mental health benefits
Alliant employees get free access to ComPsych, Calm and myStrength apps and services.
Financial & Retirement
401(K)
Alliant offers a 401(k) plan administered through Fidelity where employees can contribute up to 60% of eligible compensation to the annual IRS limit.
401(K) matching
We match 100% of contributions up to the first 5% of an employee's annual gross pay. eligible salary. You will be 100% vested in these contributions right away.
Performance bonus
In the last years, Alliant’s bonus payouts were above 100%.
Charitable contribution matching
The Alliant Credit Union Foundation also matches employee donations made to non-religious, non-political 501(c)(3) organizations up to a total of $1,000 per person per calendar year.
Child Care & Parental Leave Benefits
Generous parental leave
We provide up to 6 weeks of parental leave for the primary and secondary caretakers.
Family medical leave
Employees who have been with the company for 12 months are eligible for up to 26 weeks of family medical leave.
Vacation & Time Off Benefits
Unlimited vacation policy
Generous PTO
Our employees receive between 21 and 31 days per year of paid time off based on years of service. Alliant also offers a Flexible Time Off (unlimited time off) policy for Sr. Managers and above.
Paid volunteer time
Our employees receive 8 hours per year of paid volunteer time.
Paid holidays
Office Perks
Commuter benefits
Employees can withhold up to $280 per month pre-tax for transit expenses and up to $280 per month pre-tax for parking expenses.
Company-sponsored outings
Alliant hosts between 4 and 6 major employee events in a year, including the Annual Volleyball Tournament, annual summer party and employee appreciation day celebration.
Free snacks and drinks
Currently, Alliant offers free snacks, free hot beverages and bottled water during the day, free lunch/food events on occasion and bi-weekly free fruit.
Some meals provided
Fitness stipend
Alliant reimburses its employees up to $35 per month for gym, health and fitness services and activities.
Professional Development Benefits
Job training & conferences
Alliant offers employees professional development opportunities like Annual individual budget for training, onsite training courses and the ability to attend job-related conferences and seminars.
Tuition reimbursement
We offer up to $5,250 annually for continuing education through our tuition reimbursement benefit.
Lunch and learns
Alliant hosts lunch and learn and hour with the leader meetings once per quarter, giving our employees to hear from our executive and senior leadership teams.
Promote from within
Continuing education stipend
We offer up to $5,250 annually for continuing education through our tuition reimbursement benefit.
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

Alliant constantly works on improving its Employee Value Proposition. Currently, Alliant offers free snacks, free hot beverages and bottled water, free lunch/food events on occasion, personal concierge service, on-site package/mailing service, massage therapy, discounted ticket sales, car wash, dry cleaning, convenience store, vehicle maintenance, banking and a gym at our headquarters location.

Our company works hard to create a work environment that allows our employees to maintain a healthy work/life balance. We encourage our employees to take advantage of flexible hours and offer an option to work remotely. Alliant also offers a very generous PTO package, which starts new employees with 21 PTO days annualized in their first year of employment.

The well-being of our employees and their families translates to productivity and commitment to their jobs. That is why we constantly work on launching new benefits that will help them find the best medical care at the lowest cost and get the help they need with convenience and without unnecessary stress.

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