Full-Time

FP&a Associate

Posted on 7/11/2024

Above Lending

Above Lending

51-200 employees

Simplifies lending and debt management services

Fintech
Financial Services

Junior, Mid

Chicago, IL, USA

Hybrid position requiring in-office presence.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Communications
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in Finance, Economics, or other highly quantitative field
  • 1-3 years of experience in Investment Banking, Corporate Finance or up to 4 years of experience in FP&A building and maintaining complex financial models
  • Excellent analytical and problem-solving skills.
  • Strong verbal, quantitative, and written communication skills required.
  • High standards of accuracy and precision; strong attention to detail; highly organized.
  • Ability to work effectively under tight time constraints, and multi-task on various projects.
  • Desire to learn the operations and strategy, and ability to question the status quo.
  • Excellent Excel and data skills
  • Understanding of, and ability to build, projection curves
Responsibilities
  • Own, build and improve the framework of the operating, forecast, and scenario based financial models
  • Build financial models in Excel based on historical financial and operating data
  • Ensure model accuracy while enhancing model quality
  • Recommend and implement model process improvement measures
  • Conduct scenario analysis based on strategic business decisions to access profitability and financial business risks
  • Analyze and identify data required to support financial models
  • Facilitate the process for accurate and complete updates of financial models each reporting period
  • Perform monthly variance analysis against financial models
  • Assist with identification and design of a FP&A reporting tool for the budget, forecast, and other financial models
  • Provide financial and strategic support to senior management and the owners, including preparing investor presentations, financial presentations, and other projects.
  • Meet with division leads to discuss monthly variances and any organizational changes that may affect financials.

Above Lending provides financial services that simplify the lending process and assist clients in managing their debt. The company offers straightforward financial products that help individuals achieve their personal finance goals. Clients benefit from competitive rates and personalized support from loan specialists, making credit more affordable and accessible. Above Lending primarily targets individuals who want to take control of their debt and enhance their financial well-being. Unlike many competitors, Above Lending focuses on transparency and personalized service, generating revenue through interest rates and fees associated with their lending products. The main goal of Above Lending is to help borrowers attain financial stability and reach their financial aspirations.

Company Stage

Debt Financing

Total Funding

$200M

Headquarters

Northbrook, Illinois

Founded

2019

Growth & Insights
Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Above Lending secured a $200 million facility to fund loan growth.
  • Increased demand for digital lending platforms benefits Above Lending's growth.
  • Open banking initiatives allow Above Lending to offer competitive loan products.

What critics are saying

  • Rising interest rates may reduce Above Lending's competitive edge.
  • Increased competition from fintech startups could erode market share.
  • Regulatory scrutiny may lead to higher compliance costs for Above Lending.

What makes Above Lending unique

  • Above Lending offers personalized support from loan specialists to clients.
  • The company focuses on making credit more affordable and accessible.
  • Above Lending simplifies the lending process for better client financial management.

Help us improve and share your feedback! Did you find this helpful?

INACTIVE