Full-Time
Business Analyst
Confirmed live in the last 24 hours
Supernova Technology
51-200 employees
Provides securities-based lending software solutions
Junior
Chicago, IL, USA
Position requires onsite presence in Chicago.
- Bachelor’s or Master's Degree in finance, project management or technology related fields
- At least 1 year experience in Business Analytics or related field
- Highly analytical and quantitative thinking
- Strong written and verbal communication skills
- Self-starter with high level of motivation
- Receptive to coaching and adaptive to change
- Exceptional time management and follow-up skills
- Team-oriented
- Proficient in MS Office Suite, especially Microsoft Excel and Microsoft PowerPoint
- Experience in data interpretation preferred
- Experience in project management preferred
- Experience in financial services, wealth management, or education industries preferred
- Negotiate with clients on product requirements & development scale
- Work closely with the development team on product logic and features
- Manage the schedule of development projects with JIRA to ensure timely release of the product
- Design product prototypes based on product requirements and present to clients
- Generate supporting documents to accompany product changes
- Provide quality assurance support for products in testing environments and troubleshoot system bugs
- Give periodic technology product demonstrations to sales, marketing and operations teams as internal training
Supernova Technology specializes in securities-based lending solutions that connect and empower the financial ecosystem. The company offers digital wealth management lending software that allows financial advisors to provide better liquidity solutions to their clients. Their platform is fully automated, cloud-based, and customizable, making it unique in the market. Supernova serves banks, broker-dealers, and Registered Investment Advisors (RIAs), streamlining the lending process through a digitized, all-electronic origination system. This approach reduces cycle time and costs while enhancing the customer experience. By enabling clients to borrow against their investment portfolios, Supernova facilitates a scalable solution that can handle millions of clients, allowing advisors to manage more customers effectively. The company's goal is to promote financial wellness by helping clients identify growth opportunities and optimize their financial strategies.
Company Stage
Seed
Total Funding
$25.8M
Headquarters
Chicago, Illinois
Founded
N/A
6 month growth
↑ 8%1 year growth
↑ 9%2 year growth
↑ 40%
Simplify's Take
What believers are saying
- The launch of AI-powered solutions like Prism positions Supernova as a leader in fintech innovation, potentially attracting more clients seeking cutting-edge technology.
- Partnerships with major financial institutions like Old National Bancorp and SEI expand Supernova's market reach and credibility in the financial sector.
- The scalable nature of Supernova's platform allows financial advisors to manage a larger client base, increasing potential revenue streams.
What critics are saying
- The niche focus on securities-based lending may limit market opportunities compared to broader fintech solutions.
- Dependence on partnerships with financial institutions could pose a risk if these relationships are disrupted or if partners develop competing solutions.
What makes Supernova Technology unique
- Supernova Technology's platform is the only fully automated, cloud-based, and customizable solution in the securities-based lending market, setting it apart from competitors.
- The integration of AI-powered tools like Prism enhances data extraction accuracy and speed, providing a significant technological edge over traditional document processing methods.
- Supernova's focus on a total balance sheet approach to financial wellness offers a comprehensive solution that goes beyond standard lending services.
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