Bachelor's degree in a STEM major required; advanced degree preferred.
2-4 years experience as an analyst in lending originations or loss mitigation.
Proficiency in statistical modeling, portfolio P&L simulation, and marginal expansion strategies.
Knowledge of loss mitigation strategies, loss forecasting, and collections KPIs.
1+ years of experience with SQL and/or Python querying required.
Strong communication, leadership skills, and a creative mindset.
In-depth understanding of consumer lending operations.
Responsibilities
Challenge and enhance loss mitigation strategies using customer behavior data and statistical modeling.
Maintain performance monitoring frameworks and dashboards to identify trends.
Develop innovative loss mitigation products to minimize portfolio risk.
Establish a learning environment for continuous improvement in collections strategies.
Create a robust economic framework for informed business decision-making.
Ensure compliance of loss mitigation policy with relevant laws and regulations.
Communicate transparently with key stakeholders.
Benefits
Health, Dental, & Vision Insurance
15 days of Paid Time Off (PTO) plus 1 personal holiday
401k with employer match
Life Insurance & Long Term Disability provided by the company
Employee Assistance Program for mental health support
Access to LinkedIn Learning with over 10,000 courses
Employee of the Month recognition program
Philanthropic support including annual drives for charity
Regular sports ticket drawings
Friendly team environment in a professional setting
Full Job Description
Overview & Responsibilities
We are seeking a Sr. Business Analyst for our Operations Analytics and Loss Mitigation Strategy team. This is a key role with significant and broad responsibilities and will be a member of a 3-4 person team with substantial opportunity for future growth within the company in concert with driving business expansion. As a team-member responsible for developing recovery strategies that balance growth, risk and profitability, you will be a key thought leader on all collections strategies and decisions and have significant input into all loss mitigation decisions and delinquency performance. You will work closely with operations, Branch managers, and internal/external partners to collaborate on broader strategic initiatives and shape the direction and growth of the overall business in a collaborative dynamic team environment. Come and be a part of our success story! Job responsibilities are as follows:
Continuously challenge and enhance loss mitigation strategies and scorecards through analysis of customer behavior data and sophisticated statistical and financial modeling.
Maintain a rigorous performance monitoring framework and management dashboards to highlight performance trends and areas of opportunity.
Develop best-in-class loss mitigation products that provide our consumers solutions while minimizing portfolio risk.
Establish a robust test and learn environment for continual loss mitigation and collections strategy improvement.
Build and maintain a robust economic framework that will serve as the foundation for business decision-making.
Ensure loss mitigation policy remains compliant with all applicable laws and regulations.
Maintain transparent communication and trust with all key stakeholders.
Requirements
Bachelor's degree in a STEM major is required, advanced degree is preferred.
2-4 years of experience as an analyst in lending originations or loss mitigation.
Experience with statistical modeling and forecasting, portfolio P&L simulation, vintage profitability tracking and marginal expansion strategies.
Familiarity with loss mitigation and collections strategies, loss forecasting, and/or collections KPI's
1+ years of experience with SQL and/or Python querying required.
Strong communication and presentation skills, leadership skills, a high level of initiative, intellectual curiosity and creativity
A robust understanding of the consumer lending business that includes the various facets of a specialty lending operation.
Familiarity with conducting monthly loan-level and segment-level delinquency forecasts.
Benefits
We offer a competitive compensation and benefits package including:
Health, Dental, & Vision Insurance
15 days of Paid Time Off (PTO) to start + 1 additional personal holiday
401k + employer match
Company provided Life Insurance & Long Term Disability
Employee Assistance Program - Confidential mental health support
Additional benefits with Republic Finance include:
Access to LinkedIn Learning's library of 10,000+ professional development courses
Employee of the Month Program
Philanthropic support for multiple charities including an annual drive for St. Jude Children's Research Hospital
Regular drawings for Sports tickets
Professional offices with a friendly team environment
About Republic Finance
Republic Finance is a consumer finance company that provides loans, tax preparation, and other financial services to individuals and small businesses. The company was founded in 1952 and is headquartered in Baton Rouge, Louisiana. Republic Finance has over 200 branches across 10 states in the southern United States. The company's mission is to provide responsible financial solutions to help customers achieve their goals and improve their lives.
