Full-Time

Sr. Analyst/Manager/Sr. Manager

Analytics Model Validation and Reporting

Posted on 4/18/2025

Credit Acceptance Careers

Credit Acceptance Careers

1,001-5,000 employees

Provides auto financing for poor credit

Compensation Overview

$110k - $210k/yr

+ Annual Bonus Plan

Senior, Expert

No H1B Sponsorship

Southfield, MI, USA

Occasional planned travel to the Southfield, Michigan office may be required. The position is permitted to work at the Southfield office if requested.

Category
Data Analysis
Data & Analytics
Required Skills
Python
SAS
R
SQL
MATLAB
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree or higher (Mathematics, Statistics, Economics, Computer Science, Business Analytics, Finance or related field).
  • 3+ years’ experience developing or validating models. (Sr. Analyst)
  • 3+ years’ experience using programming languages such as SQL, R, Python, SAS, MATLAB, etc. (Sr. Analyst)
  • 5+ years’ experience developing or validating models. (Manager)
  • 6+ years’ experience developing or validating models. (Sr. Manager)
  • 5+ years’ experience using programming languages such as SQL, R, Python, SAS, MATLAB, etc. (Manager/Sr. Manager)
  • Expert knowledge of Microsoft Excel. (Manager/Sr. Manager)
  • Strong attention to detail and analytical problem-solving skills.
  • Strong experience solving problems across disciplines preferably in the financial services industry. (Manager)
  • Deep experience solving problems across disciplines preferably in the financial services industry. (Sr. Manager)
Responsibilities
  • Understand complex programming created as part of the model development and create programming for independent testing.
  • Perform independent data pull and review the different validation model components including data, methodology, and model performance.
  • Assess if the model meets the business requirements and identify deficiencies.
  • Document the validation in a self-contained report.
  • Participate in performance monitoring activities.
  • Investigate new methodologies used in model development.
  • Use products and tools needed for the validation of statistical models.
Desired Qualifications
  • Master’s or Ph.D. in a quantitative field such as mathematics, statistics, economics, etc. (Manager/Sr. Manager)
  • Advanced SAS and Python programming experience
  • Experience in model validation
  • Experience with ML/AI algorithms
  • Experience in the consumer lending industry, with some preference given to automobile finance experience. (Manager/Sr. Manager)
  • Possess knowledge of the auto lending industry and related analytical tools. (Manager/Sr. Manager)
  • Recent consulting or small company experience. (Manager/Sr. Manager)
Credit Acceptance Careers

Credit Acceptance Careers

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Credit Acceptance Corporation offers auto financing solutions for individuals with poor or no credit history, partnering with car dealers to provide loans to high-risk borrowers. Their proprietary credit approval process allows dealers to approve financing for customers who may be turned down by traditional lenders. The company generates revenue through interest and fees on these loans, which are typically higher due to the associated risks. Credit Acceptance also aims to improve financial literacy among its customers through resources like the ExtraCredit program.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Michigan

Founded

1972

Simplify Jobs

Simplify's Take

What believers are saying

  • Recent $400M financing enhances liquidity and operational flexibility for growth.
  • Named a top workplace for remote work, attracting and retaining talent.
  • AI-driven credit scoring models improve risk assessment and loan approval processes.

What critics are saying

  • Increased competition from fintech companies could erode market share.
  • Rising interest rates may impact profitability due to higher borrowing costs.
  • Potential regulatory scrutiny on subprime lending could increase compliance costs.

What makes Credit Acceptance Careers unique

  • Credit Acceptance specializes in auto financing for individuals with poor or no credit.
  • The company partners with car dealers to offer financing to high-risk borrowers.
  • Credit Acceptance's proprietary credit approval process evaluates risk and creditworthiness effectively.

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Benefits

401(k) Company Match

Remote Work Options

Flexible Work Hours

Adoption Assistance

Parental Leave

Tuition Reimbursement

Health Insurance

Dental Insurance

Vision Insurance

Company News

CSIMarket
Mar 15th, 2025
Credit Acceptance Secures $400M Financing

Credit Acceptance Corporation announced a $400 million asset-backed non-recourse secured financing on March 27, 2025. This involves transferring loans valued at approximately $500.2 million to a special purpose entity, which will issue notes to generate capital. Despite a -11.38% downturn in shares over the past year, this move aims to enhance liquidity and operational flexibility, signaling a commitment to growth amidst market volatility.

GlobeNewswire
Feb 13th, 2025
Credit Acceptance Announces Pricing of $500.0 Million Senior Notes Offering

Southfield, Michigan , Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”,...

Benzinga
Dec 20th, 2024
Credit Acceptance Announces Completion Of $300.0 Million Asset-Backed Financing

Southfield, Michigan, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation CACC (the "Company", "Credit Acceptance", "we", "our", or "us") announced today the completion of a $300.0 million asset-backed non-recourse secured financing (the "Financing"). Pursuant to this transaction, we conveyed loans having a value of approximately $375.1 million to a wholly owned special purpose entity that will pledge the loans to institutional lenders under a loan and security agreement. We will issue three classes of notes: Note Class Amount Interest Rate              A $139,220,000  5.79%              B $62,180,000  6.03%              C $98,600,000  6.67% The Financing will: have an expected average annualized cost of approximately 6.3% including upfront fees and other costs;revolve for 36 months after which it will amortize based upon the cash flows on the conveyed loans; andbe used by us to repay outstanding indebtedness and for general corporate purposes. We will receive 4.0% of the cash flows related to the underlying consumer loans to cover servicing expenses. The remaining 96.0%, less amounts due to dealers for payments of dealer holdback, will be used to pay principal and interest to the institutional lenders as well as the ongoing costs of the Financing

GlobeNewswire
Dec 20th, 2024
Credit Acceptance Announces Completion of $300.0 Million Asset-Backed Financing

Southfield, Michigan, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (the “Company”, “Credit Acceptance”, “we”, “our”, or...

National Daily
Dec 16th, 2024
Nigeria's auto industry stagnates over policy delay, LCCI warns

He highlighted the recently announced N20 billion auto finance scheme by Credit Corporation (CreditCorp) as insufficient and overdue.