Internship
Analytics Internship Summer 2025
Posted on 9/16/2024
Enova
1,001-5,000 employees
Online financial services and credit solutions
No H1B Sponsorship
Chicago, IL, USA
Hybrid role requires in-office presence from Tuesday to Thursday.
- Working towards a Bachelor's degree, Master's or PhD in a related field of study with a planned graduation of Winter 2025 or Spring 2026
- Advanced programming ability to write customized code for meaningful data analysis in at least one programming language
- Working knowledge of SQL
- Proficiency in spreadsheet applications and advanced use of statistical applications and databases
- Experience communicating technical concepts to a non-technical audience
- Learn the technologies, strategies and analytic techniques we use here at Enova
- Develop, enhance and test the company’s models for use in determining the appropriate lending criteria and verification procedures
- Conduct ad hoc analysis using statistical and financial tools to recommend risk management, marketing and operational strategies
- Work with senior management to develop key performance indicators (KPI's) to ensure that our products are performing optimally
- Present on your project findings and results to key executives and the department at the conclusion of your internship
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 and manage risk, allowing them to offer tailored loans and credit options. Unlike traditional banks, which often reject individuals and small businesses with lower credit scores, Enova fills this gap by providing fast and reliable financial products. The company also partners with banks to enhance their credit offerings, expanding access to a wider customer base. Enova's goal is to help hardworking people gain access to trustworthy credit while promoting diversity and inclusion within its workforce.
Company Size
1,001-5,000
Company Stage
IPO
Total Funding
$400M
Headquarters
Chicago, Illinois
Founded
2004
Simplify's Take
What believers are saying
- Enova's partnership with Google Cloud enhances its AI-powered virtual assistant capabilities.
- The company's diversified product offerings drive consistent financial performance and growth.
- Enova's recognition as a top IT workplace boosts its talent acquisition and retention.
What critics are saying
- Rising interest rates may increase borrowing costs, impacting Enova's profitability.
- Regulatory scrutiny on non-prime lending could lead to stricter compliance requirements.
- Increased competition from fintech startups may erode Enova's market share.
What makes Enova unique
- Enova uses machine learning to offer tailored credit solutions to non-prime consumers.
- The company collaborates with traditional banks to enhance their credit offerings.
- Enova's advanced technology platform manages risk and assesses creditworthiness effectively.
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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!
Growth & Insights and Company News
6 month growth
↓ -1%1 year growth
↑ 0%2 year growth
↑ 2%Enova launches advanced ai-powered Virtual Assistant in collaboration with Google Cloud.
Enova International’s fourth quarter growth — with double-digit gains in loan originations and revenues — showed strength across small business demand and lending to consumers. The FinTech uses machine learning and digital channels to extend its loans, including to subprime and near-prime borrowers. CEO David Fisher said on the conference call that, in addition, credit metrics tied to Enova’s consumer lending operations were stable
CHICAGO, Jan. 21, 2025 /PRNewswire/ -- Enova International (NYSE: ENVA), a leading financial services company powered by machine learning and world-class analytics, today announced the company's fourth quarter and full year 2024 financial results will be released after the market close on Tuesday, February 4, 2025.Enova will host a conference call to discuss its results at 4 p.m. Central Time / 5 p.m. Eastern Time the same day. The live webcast of the call can be accessed at the Enova International Investor Relations website at http://ir.enova.com, along with the company's earnings press release and supplemental financial information.The U.S. dial-in for the call is 1-855-560-2575 (1-412-542-4161 for non-U.S
CHICAGO, Dec. 19, 2024 /PRNewswire/ - For the 12th consecutive year, Enova International (NYSE: ENVA), a leading financial technology company powered by machine learning and world-class analytics, has been recognized as one of Foundry's Computerworld Best Places to Work in IT.
CHICAGO, Aug. 12, 2024 /PRNewswire/ -- Today, Enova International, Inc. (NYSE: ENVA) ("Enova" or the "Company"), a leading financial services company powered by machine learning and world-class analytics, issued $500 million in aggregate principal amount of Senior Notes due 2029 (the "Notes"). The Notes were offered at a price of 100.000% of the principal amount and will bear interest at 9.125% per annum.Enova is using the net proceeds from the offering of the Notes (1) to repurchase its outstanding series of senior notes due 2025 (the "2025 Notes") pursuant to the previously announced tender offer and consent solicitation, (2) to fund the redemption of any remaining 2025 Notes (the "2025 Notes Redemption") and the related accrued interest, (3) to pay fees and expenses related to the offering of the Notes, the tender offer and consent solicitation and the 2025 Notes Redemption, (4) to repay outstanding indebtedness under the Company's revolving credit facility, and (5) for general corporate purposes."The successful completion of our latest bond issuance underscores investor confidence in our focused growth strategy and consistently strong financial performance, powered by our diverse product offerings and world-class machine learning risk management systems," said David Fisher, Enova CEO.About EnovaEnova is a leading financial services company with powerful online lending that serves small businesses and consumers who are underserved by traditional banks. Through its world-class analytics and machine learning algorithms, Enova has provided more than 10.5 million customers with over $56 billion in loans and financing. You can learn more about the company and its portfolio of businesses at www.enova.com.Important Notice Regarding Forward-Looking StatementsThis release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 about the business, financial condition and prospects of the Company