Full-Time

Business Operations Manager

Confirmed live in the last 24 hours

Earnest

Earnest

201-500 employees

Provides student loan refinancing and personal loans

Fintech
Financial Services

Compensation Overview

$155k - $175kAnnually

Senior

Remote in USA

Category
Project Management
Business Development
Operations & Logistics
Business & Strategy
Required Skills
Product Management
Marketing
Data Analysis
Requirements
  • 5+ years of experience in strategic consulting, investment banking, corporate strategy, business operations, or product management.
  • Proven ability to solve complex problems in fast-paced environments and drive business outcomes.
  • Strong organizational, communication, and project management skills, with a history of working with cross-functional teams and executive stakeholders.
  • A self-starter with the ability to execute complex projects with minimal guidance.
  • Experience in the financial services or consumer lending industry (preferred).
  • MBA preferred.
Responsibilities
  • Assist the General Manager in identifying business trends and opportunities for growth and efficiency improvement.
  • Act as an internal consultant, collaborating with multiple stakeholders to optimize team efficiency.
  • Lead business initiatives from conception through implementation, managing business case development, scope, costs, risks, decisions, and milestones.
  • Collaborate cross-functionally with Product, Design, Engineering, Marketing, Operations and Data & Analytics to drive growth initiatives.
  • Manage the relationship with external banking partners, ensuring regular check-ins, approvals for marketing materials, and updates on results.
  • Shape the future of Earnest's Student Lending and Refinancing businesses by driving key growth initiatives.
  • Optimize team efficiency and enhance operational outcomes.
  • Influence executive decision-making through strategic project insights and recommendations.
  • Strengthen external partnerships, leading to improved results and business growth.
  • Achieve measurable success through key performance indicators and business performance metrics.

Earnest provides financial services focused on student loan refinancing, private student loans, and personal loans. The company uses advanced data analysis and underwriting software to assess each client's financial situation, allowing them to offer personalized low-interest rates. Clients can select flexible repayment plans that suit their needs, making it easier to manage their educational and personal debt. Unlike many competitors, Earnest continuously adjusts its rates based on market conditions to ensure they remain competitive. The goal of Earnest is to help financially responsible individuals effectively manage their debt while providing them with tailored financial solutions.

Company Stage

Acquired

Total Funding

$123.5M

Headquarters

San Francisco, California

Founded

2013

Simplify Jobs

Simplify's Take

What believers are saying

  • Earnest's innovative use of technology and data science can lead to more competitive loan rates and terms for borrowers.
  • The company's focus on financial education and literacy can empower employees to make better financial decisions, both personally and professionally.
  • Working at Earnest offers the opportunity to be part of a mission-driven company that aims to make higher education more accessible and affordable.

What critics are saying

  • The highly competitive student loan refinancing market may pressure Earnest to continuously innovate to maintain its edge.
  • Regulatory changes in the financial sector could impact Earnest's business model and operations.

What makes Earnest unique

  • Earnest's unique approach to student loan refinancing, which includes personalized loan terms and flexible repayment options, sets it apart from traditional lenders.
  • The company's use of data science and technology to assess creditworthiness allows for more accurate and fair loan offerings, unlike conventional credit scoring methods.
  • Earnest's commitment to financial literacy and education, providing resources and tools to help borrowers make informed decisions, distinguishes it from competitors.

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