Full-Time
Manager – Strategic Insights
Confirmed live in the last 24 hours
Enova
1,001-5,000 employees
Online financial services and credit solutions
Senior, Expert
Chicago, IL, USA
- A Bachelors or Masters degree
- 6+ years of experience as a product manager, with 2+ years experience in a payments related role
- An owner mentality - you don't just work on projects, you own outcomes and efficient management of your squad to get to those outcomes
- The ability to make data driven decisions and communicate them clearly and succinctly to all audiences, from engineers, to peers, to executives
- Thorough organization and documentation skills – scale by clearly documenting strategy & requirements for the engineering team and other stakeholders in the company
- Experience in payment systems such as card payments, bank transfers, mobile wallets, and emerging payment technologies
- Experience gathering customer insights and translating them into world class customer journeys
- The ability to clearly outline and manage deliverables from other departments in the company to further your goals
- Deep empathy for customers, constantly putting yourself in their shoes to identify friction points and opportunities for improvement.
- Own a mission critical goal for the organization and determine the roadmap to achieve it
- Drive business initiatives from discovery through delivery and ensure that desired outcomes are achieved.
- Conduct efficient discovery for ambitious new product ideas, working with cross functional subject matter experts to determine impact, risks & product requirements
- Monitor metrics and customer feedback post-release to assess the success of an initiative and to iterate on solutions
- Provide clear visibility to the rest of the company regarding roadmap initiatives and short-term priorities
Enova provides online financial services, focusing on accessible credit solutions for non-prime consumers and small businesses. Their platform uses machine learning to evaluate creditworthiness, allowing them to offer loans to individuals with lower credit scores who may struggle to obtain financing from traditional banks. Enova differentiates itself by targeting underserved markets, addressing the financial challenges faced by many Americans and small businesses. The company generates revenue through interest and fees on its loans and also partners with traditional banks to enhance their credit offerings. Enova's goal is to help hardworking individuals access reliable credit while promoting diversity and inclusion within its workforce.
Company Stage
IPO
Total Funding
$400M
Headquarters
Chicago, Illinois
Founded
2004
6 month growth
↑ 2%1 year growth
↑ 16%2 year growth
↑ 27%
Simplify's Take
What believers are saying
- Enova's record lending volume and solid credit performance indicate strong market demand and effective risk management.
- The company's consistent revenue growth and profitability, as evidenced by a 26% increase in total revenue in Q1 2024, highlight its robust financial health.
- Recognition as one of Computerworld's Best Places to Work in IT for 11 consecutive years underscores a positive and supportive work environment.
What critics are saying
- Rising charge-offs, although still below pre-pandemic levels, could indicate potential future credit risk issues.
- Dependence on machine learning models for credit risk management may pose challenges if these models fail to adapt to changing market conditions.
What makes Enova unique
- Enova leverages a machine learning-powered platform to offer accessible credit solutions specifically to non-prime consumers and small businesses, a niche often underserved by traditional banks.
- Their collaboration with traditional banks to enhance credit offerings sets them apart from other fintech companies that operate independently.
- Enova's diversified income stream from personal loans, small business loans, and lines of credit ensures financial stability and resilience.
Benefits
Advance your career - We have a dedicated training team focused on giving you the tools you need to succeed within your department, within the company and in your career. The focus starts day one with a robust onboarding program and continues throughout your career at Enova.
See the benefits - Full-time employees receive medical, dental and vision benefits; matching 401(k); PTO; commuter benefits; flexible spending accounts for health care and dependent daycare; and more!
Be recognized - There’s plenty of room for both lateral and upward movement here at Enova. We’re always interested in promoting from within, and we keep a lookout for top talent who are ready to advance.
Get your perks - Full-time employees can receive tuition reimbursement, one-month paid sabbatical after four years, discounted massages, manicures and other perks.
Give back - We work throughout the year to partner with local charities and assist our neighbors in need. We also offer a charitable match program — allowing team members to double their impact when they donate money to charity.
Have fun - We like challenges here; maybe that’s why we have so many games, competitions and outings. There are a number of ways you can scratch your competitive itch and have fun!