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Full-Time

Vendor Management Business Analyst

Posted on 10/18/2024

Blend

Blend

501-1,000 employees

Streamlines lending process for financial institutions

Fintech
Financial Services

Compensation Overview

$60k - $70kAnnually

Entry, Junior

Remote in USA

Category
Business Research
Business & Strategy
Requirements
  • Proficient in Excel
  • Ability to write and read excel formulas to extract data
  • General end to end title workflow/process knowledge
  • Effective communication skills (written and verbal)
  • Organization and time management
Responsibilities
  • Creating and distributing daily, weekly, and monthly enterprise reporting
  • Assist with all report validation of new data sets or report changes within operating systems
  • Obtaining transactional invoices from 3rd party supplies
  • Facilitate review/reconciliation of all payables
  • Manage offshore staff assisting with process support including assisting with questions, issues, errors, etc.
  • Document and maintain applicable policies and procedures

Blend streamlines the lending process for financial institutions with its digital platform, which simplifies the journey from loan application to closing. The platform features automated verifications, instant pre-approvals, and seamless electronic closings, helping institutions improve efficiency and reduce costs. Blend stands out from competitors with its modular architecture and no-code configuration tools, allowing for quick adaptation to market changes and personalized customer experiences. The company's goal is to enhance the effectiveness of loan processing, ultimately improving customer acquisition and retention.

Company Stage

Series G

Total Funding

$832.1M

Headquarters

San Francisco, California

Founded

2012

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-16%

2 year growth

-32%
Simplify Jobs

Simplify's Take

What believers are saying

  • Securing a $150 million investment from Haveli Investments strengthens Blend's financial position and supports long-term growth.
  • Partnerships with major institutions like Fannie Mae and various credit unions highlight Blend's credibility and market penetration.
  • The ROI study indicates that Blend's Mortgage Suite can save significant time and costs, offering a 10x return on investment for its customers.

What critics are saying

  • The highly competitive fintech landscape requires Blend to continuously innovate to maintain its market position.
  • Economic conditions affecting the financial sector could impact Blend's revenue and growth prospects.

What makes Blend unique

  • Blend's platform offers a comprehensive Consumer Banking Suite that enhances both lending and deposit experiences, unlike competitors who may focus solely on one aspect.
  • The company's modular architecture and no-code configuration tools allow for rapid adaptation to market changes, setting it apart from less flexible solutions.
  • Blend's strong emphasis on automated workflows and instant pre-approvals significantly reduces loan processing times, providing a competitive edge in customer satisfaction.

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Benefits

Meaningful equity and a 401(k) plan

Comprehensive health benefits

Wellness benefits covering a variety of wellness activities, gym memberships, fitness classes and more

16 weeks of paid parental leave

Generous vacation policy

Work from home office set up stipend and internet stipend during COVID-19