Full-Time
Lending Account Executive
Hybrid
Posted on 8/19/2024
Enova
1,001-5,000 employees
Online financial services and credit solutions
Compensation Overview
$55kAnnually
Mid
New York, NY, USA
Hybrid position based in New York.
- 3 or more years of sales experience and have maintained a monthly or quarterly quota in a transactional selling environment
- Ability to handle and overcome objections by providing clients with information and emphasizing the benefits of our products and services
- Can effectively manage and prioritize competing demands
- Strong verbal and written communication skills to cultivate strong relationships
- Experience with a CRM software such as Salesforce
- Maintain an up-to-date portfolio of prospective and existing clients in the CRM system
- Communicate regularly with existing clients and identify new sales opportunities
- Effectively meet or exceed assigned performance metrics and key expectations
- Apply proven concepts of deal structure and strategy to increase sales
- Identify ways for continuous improvement of processes and performance
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 diverse range of financial products, including personal loans and lines of credit. Additionally, Enova partners with traditional banks to enhance their credit offerings, expanding access to financial services. The goal of Enova is to help hardworking individuals and businesses gain access to reliable credit while promoting diversity and inclusion within its workforce.
Company Stage
IPO
Total Funding
$400M
Headquarters
Chicago, Illinois
Founded
2004
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 4%
Simplify's Take
What believers are saying
- Enova's machine learning advancements improve risk assessment and competitive rate offerings.
- The rise of open banking allows Enova to access consumer financial data easily.
- Growing focus on financial inclusion aligns with Enova's mission, driving regulatory support.
What critics are saying
- Rising interest rates could reduce demand for Enova's loan products.
- Increased competition from fintech startups may erode Enova's market share.
- Regulatory scrutiny on non-prime lending could increase operational costs for Enova.
What makes Enova unique
- Enova uses machine learning to assess creditworthiness, offering tailored financial products.
- The company collaborates with traditional banks to enhance their credit offerings.
- Enova's mission-driven approach focuses on serving underserved consumers and small businesses.
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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!