What are the responsibilities and job description for the Capital Markets Analyst position at Octane?
Octane is a Fintech company whose mission is to connect people with their passions. The transaction process for large purchases such as powersports, RVs, and boats is slow and frustrating, but Octane is changing that through automated underwriting, innovative credit products, and financing through our in-house lender Roadrunner Financial. Octane reaches millions of enthusiasts through editorial brands like Cycle World and Cycle Volta and helps consumers buy their favorite products with instant, frictionless financing on Octane.co. Octane is revolutionizing lending in under-served verticals that account for tens of billions of dollars in annual transactions.
Octane is gaining traction quickly with customers, as evidenced by growth in originations through our platform of more than $1B since inception. Octane works with more than 3,500 merchants in the USA and offers promotional financing with low rates for more than 40 OEM brands. Because we’re the platform and the lender, we have both high growth and positive unit economics - rare for a fintech. We have raised more than $192M in capital from leading investors, including Valar Ventures, IA Ventures, Contour Venture Partners, Third Prime, Progressive Insurance and Citi Ventures and our lending securities are rated AA by Standard & Poor’s.
Octane Lending is looking for a Capital Markets Analyst to join our NYC based team. You will be reporting into the VP of Capital Markets and working closely with the rest of our team including the CFO to maintain our existing capital partner relationships and assist in forging new ones. You will be heavily involved in streamlining financial reporting including simplifying data aggregation, conducting daily analyses, and troubleshooting issues as they arise. You should be hyper-collaborative, open to challenge and can work across the organization with people in finance, engineering, credit, and operations.
Responsibilities:
- Work with our existing capital partners to strengthen and grow relationships.
- Assist in producing deliverables and helping to close our debt financing deals involving
Warehouse Facilities and Asset-Backed Securitizations the company engages in. - Communicate and work across finance, credit, and engineering teams to further drive
portfolio management and decision making. - Build out analytical tools to evaluate current financing strategy and future potential financing
stages. - Ensure proper delivery of financial reports and fulfill ad-hoc requests.
Requirements:
- Have worked 1-3 years, preferably in financial services, consulting, or operations
- Strong critical thinking and analytic abilities, with a high attention to detail
- Possess advanced knowledge of Excel, and are experienced with reporting, SQL, and working
with disparate data sets. Python ability a plus - Comfortable working independently, as well as with a team
- Excellent communication skills
- Ability to multitask and consistently deliver for multiple different teams
Benefits:
- Robust Health Care Plans (Medical, Dental & Vision)
- Generous Parental Leave
- Up to 5 weeks time off (self-managed)
- Retirement Plan (401k) with Company non-elective contribution AND company match!
- Educational Assistance/Tuition Reimbursement up to $3K/year
- Life Insurance (Basic, Voluntary & AD&D)
- Short Term / Long Term Disability
- Team Activities (remotely)
- Robust Ancillary benefits including accident insurance, hospital insurance, etc
Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.
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