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Full-Time

Engineering Manager

Supply

Posted on 5/14/2024

Nova Credit

Nova Credit

51-200 employees

Translates international credit data for newcomers

Data & Analytics
Consulting
Enterprise Software
Fintech
Social Impact
Financial Services

Compensation Overview

$216k - $264kAnnually

Senior, Expert

Remote in USA

Category
Engineering Management
Software Development Management
Required Skills
Data Science
Requirements
  • Technical Expertise in integrating external APIs
  • Leadership Experience of at least 5 years
  • Passionate about making a significant impact at Nova Credit
  • Creative problem-solving skills
  • Experience in team development and mentoring
Responsibilities
  • Supporting integrations with international credit bureaus, bank data providers, payroll systems, OCR systems, fraud systems, and other entities
  • Mapping data to pipelines that feed Data Science processes
  • Partnering with Product Managers, Technical Program Managers, and Go-to-Market Team
  • Mentoring and scaling team capabilities in a collaborative environment

Nova Credit helps newcomers to the U.S. by translating their international credit histories into standardized credit reports through its service called Credit Passport®. This allows financial institutions to assess the creditworthiness of these individuals, enabling them to access products like credit cards and loans. Additionally, Nova Credit offers Cash Atlas™, which uses bank transaction data to improve risk prediction for consumers with limited credit histories. The company aims to assist financial institutions in expanding their customer base and enhancing their lending decisions.

Company Stage

Series C

Total Funding

$124.4M

Headquarters

San Francisco, California

Founded

2016

Growth & Insights
Headcount

6 month growth

6%

1 year growth

12%

2 year growth

59%
Simplify Jobs

Simplify's Take

What believers are saying

  • Nova Credit's recent $45 million Series C funding round indicates strong investor confidence and provides ample resources for growth and innovation.
  • The launch of the Nova Credit Platform signifies a commitment to redefining credit data onboarding and underwriting, potentially attracting more financial institutions.
  • Collaborations with global entities like Creditinfo and Nottingham Building Society expand Nova Credit's reach and influence in international markets.

What critics are saying

  • The reliance on international credit data may face regulatory challenges and data privacy concerns in different jurisdictions.
  • The competitive fintech landscape requires continuous innovation to maintain a unique value proposition and avoid being overshadowed by larger players.

What makes Nova Credit unique

  • Nova Credit's unique Credit Passport® service translates international credit data into a standardized U.S. credit report, a niche not widely addressed by competitors.
  • Their Cash Atlas™ product leverages consumer-permissioned bank transaction data to enhance risk prediction, providing a dual advantage for both thick-file and thin-file consumers.
  • Strategic partnerships with major financial institutions like RBC and HSBC highlight Nova Credit's credibility and market penetration.

Benefits

Medical, Dental, and Vision are 99% subsidized for Nova Credit employees, and 50% for dependents.

Nova Credit sponsored 401K plan.

On each work anniversary, Nova Credit will reimburse the cost of a roundtrip economy ticket to any destination in the world.

Unlimited vacation policy.

INACTIVE