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Enova

ML-powered online lending platform

Head of Partnerships and Affiliate Marketing - Hybrid

Full-Time
$150k - $190k/yr+ Bonus + Restricted stock units
Expert
Bachelor's
Chicago, IL, USA
HybridIn-office Tuesday through Thursday; remote flexibility Monday and Friday.
Growth & MarketingGrowth Marketing

About the job

Requirements
  • At least 10 years of experience in Marketing and at least 3 years of management experience.
  • At least 5 years of experience managing external partner relationships and launching co-marketing programs that delivered measurable business impact.
  • A bachelor's degree in Marketing or another business-related or quantitative field of study.
  • Strong analytical ability and the ability to solve problems and turn complex data into compelling stories.
  • Communication, collaboration, and project management skills, with a proven track record of obtaining stakeholder buy-in to implement strategies.
  • Ability to bring clarity, momentum, and structure to evolving challenges in ambiguous and rapidly changing environments.
  • Comfort using AI tools to accelerate analysis, reporting, and marketing execution, and the ability to identify opportunities to apply AI and automation to improve efficiency and business outcomes.
Responsibilities
  • Own a portfolio of more than 20 strategic partnerships and use partner capabilities to launch marketing programs that contribute to customer acquisition goals.
  • Monitor and analyze weekly partnership marketing performance, identifying opportunities to optimize and scale results.
  • Manage 1–2 direct reports by setting goals, coaching regularly, and fostering accountability, teamwork, and communication.
  • Partner with Business Intelligence and Analytics to turn complex data into actionable insights that drive measurable business outcomes.
  • Provide reporting insights and data-driven recommendations to marketing leadership and other key executives.
  • Collaborate with the Market Intelligence team and strategic partners to identify and analyze marketplace trends, competitive landscapes, and consumer behavior.
  • Identify and apply best practices in AI and emerging marketing technologies to improve partner program execution, performance analysis, and reporting.
  • Develop data-backed ideas informed by fintech, B2C marketing, and channel strategy trends to drive growth.
  • Collaborate with Legal, Compliance, and Bank Partnership teams to ensure the end-to-end consumer experience meets regulatory requirements.
  • Lead business development and contract negotiations for new and existing partnerships, ensuring terms align with strategic business objectives and financial goals.

About the company

Enova is a financial technology company that provides online lending options for non-prime consumers and small businesses. It uses a machine learning-powered platform to evaluate credit risk and manage loans, enabling fast and accessible credit beyond traditional banks. Its products include personal loans, small business loans, and lines of credit, which are funded directly and in partnership with traditional banks that use Enova’s technology to extend credit to more customers. This approach helps people and small businesses that are often underserved by banks stay financially supported. Enova differentiates itself by focusing on underserved borrowers, using data-driven credit decisions, and maintaining a diversified revenue mix from interest and fees. Its goal is to expand access to trustworthy credit, helping customers cover emergencies and grow their businesses while collaborating with banks to widen lending options.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Chicago, Illinois

Founded

2004

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Simplify's Take

What believers are saying

  • Q2 2026 revenue reached $929 million, up 22%, with originations up 27%.
  • Enova raised 2026 guidance on July 23, 2026, despite withdrawing Grasshopper applications.
  • August 14, 2026 Enova upsized its revolver to $300 million, lowering borrowing costs.

What critics are saying

  • September 14, 2026 Enova killed the Grasshopper bank deal, destroying charter economics.
  • Twenty state attorneys general targeted Enova’s bank-partnership model; federal scrutiny now intensifies.
  • September 2026 shareholder investigations create disclosure risk; prolonged litigation can pressure management and multiples.

What makes Enova unique

  • Enova’s machine-learning underwriting spans consumer and SMB lending across multiple countries.
  • OnDeck and consumer products give Enova diversified origination channels and funding structures.
  • September 25, 2026 securitization shows Enova can monetize loans through repeatable capital markets.

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Benefits

  • Advance your career - We have a dedicated training team focused on giving you the tools you need to succeed within your department, within the company and in your career. The focus starts day one with a robust onboarding program and continues throughout your career at Enova.
  • See the benefits - Full-time employees receive medical, dental and vision benefits; matching 401(k); PTO; commuter benefits; flexible spending accounts for health care and dependent daycare; and more!
  • Be recognized - There’s plenty of room for both lateral and upward movement here at Enova. We’re always interested in promoting from within, and we keep a lookout for top talent who are ready to advance.
  • Get your perks - Full-time employees can receive tuition reimbursement, one-month paid sabbatical after four years, discounted massages, manicures and other perks.
  • Give back - We work throughout the year to partner with local charities and assist our neighbors in need. We also offer a charitable match program — allowing team members to double their impact when they donate money to charity.
  • Have fun - We like challenges here; maybe that’s why we have so many games, competitions and outings. There are a number of ways you can scratch your competitive itch and have fun!

Growth & Insights and Company News

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PR Newswire
Oct 22nd, 2026
Enova Q3 revenue climbs 26% to a record $1.01B as net income jumps 34% to $107M

Enova International reported third quarter 2026 revenue of $1.01 billion, up 26% from $803 million a year earlier. It was the first quarter in the company's history with revenue above $1 billion. Net income rose 34% to $107 million, or $4.06 per diluted share. Adjusted earnings per share climbed 33% to $4.48, and adjusted EBITDA grew 23% to $269 million. Originations rose 31% to $2.6 billion. Combined loans and finance receivables increased 30% to a record $5.9 billion. The net charge-off ratio fell to 8.1% from 8.5%. Liquidity totalled $1.3 billion at September 30. Enova repurchased $46 million of common stock and began the fourth quarter with $252 million of repurchase capacity.

Yahoo Finance
Oct 21st, 2026
Blue Tower says Enova's failed Grasshopper Bank deal hurt Q3 as it eyes South Korea

Blue Tower Asset Management said Enova International's abandoned merger with Grasshopper Bank, along with regulatory delays and political opposition, weighed on its third-quarter performance. Its Global Value composite returned 0.54% net in the quarter and 21.50% year to date, driven by energy investments. Enova announced the deal on December 11, 2025. It would have paired Enova's online lending platform with a national bank charter and low-cost deposits, cutting funding costs. The deal needed approval from the Office of the Comptroller of the Currency and the Federal Reserve. Blue Tower says Enova's standalone business remains strong, with second-quarter revenue growth of 22%. The shares closed at $179.45 on October 20, 2026, giving Enova a market capitalisation of $4.47 billion. The letter also details Blue Tower's move into South Korean small-cap equities, following corporate governance reforms.

Kalkine Media
Oct 13th, 2026
Enova subsidiary amends $200M credit facility, extending revolving period to 2028

Enova International said on October 13, 2026, that its indirect subsidiary, NetCredit Receivables 2022, LLC, signed a fourth amendment to its Note Issuance and Purchase Agreement. The amendment covers a $200 million credit facility, according to a Form 8-K filing. Borrowings carry an interest rate of SOFR plus 4.00%, with a funding rate of 90%. The revolving period ends on October 15, 2028, and the facility matures on October 15, 2030. Jefferies Funding LLC is administrative agent and initial note purchaser. Citibank, N.A. is collateral and paying agent. The original agreement dates from October 21, 2022.

PR Newswire
Oct 8th, 2026
OnDeck launches AI-powered approval system for small business loans in under a minute

OnDeck, part of Enova International, has launched automated final-decisioning for small business loan applications. The AI-powered verification system, combined with machine learning, can deliver real-time decisions in under a minute, reducing approval times from several hours. Initially rolled out to existing customers, the capability is now available to new applicants across all channels. Qualified applicants can receive stipulation-free approvals, allowing them to proceed directly to funding without submitting additional documents. OnDeck's latest Small Business Cash Flow Trend Report, conducted with Ocrolus, found that 61% of small businesses now use AI, with 91% reporting positive impacts. The report also revealed that 75% of small businesses seek working capital beyond traditional banks. OnDeck will showcase the automated lending approach at Money20/20 and B2B Finance Expo later this month.

TipRanks
Sep 25th, 2026
Enova secures $500M funding via OnDeck small business loan securitization

Enova International's subsidiary OnDeck Asset Securitization IV has issued $500 million in fixed-rate asset-backed notes backed by approximately $526 million in small business loans originated by OnDeck. The transaction, completed on 25 September 2026, features notes with a weighted average fixed coupon of 6.22%, scheduled to revolve until September 2028 and mature in October 2032. The proceeds will be used to acquire loans from affiliates and for general corporate purposes. The securitisation is structured as bankruptcy-remote, with investors having recourse only to pledged assets. The notes were privately placed with institutional buyers. The facility is governed by strict eligibility criteria, concentration limits and performance covenants designed to protect investors whilst diversifying Enova's funding base.