Full-Time

Senior Analytics

Strategy and Analytics

Novo

Novo

201-500 employees

SMB-focused online banking with payments

Compensation Overview

$125k - $165k/yr

New York, NY, USA

Hybrid

Requires 3+ days per week on-site in NYC.

Category
Data & Analytics (2)
,
Required Skills
SQL
Snowflake
Requirements
  • 4 - 6 years of experience in analytics, data engineering, or data science, ideally within a high-growth tech or fintech environment
  • Advanced SQL proficiency (ideally Snowflake) with the ability to write complex, highly optimized queries (CTEs, window functions) and debug performance issues
  • Business strategy experience. A proven ability to partner with non-technical stakeholders, translating complex data into actionable business recommendations
  • Exposure to data modeling & transformation (dbt). Hands on experience building production-grade data models, testing logic and maintaining code via version control
  • Familiarity with BI tools (preferably Metabase) and experience with design and maintaining dashboards
  • Highly motivated and comfortable working in a fast-paced, dynamic environment with a high degree of ambiguity
  • Bachelor’s degree in a quantitative field such as Economics, Engineering, Statistics, Mathematics, Computer Science, or related discipline
Responsibilities
  • Driving commercial impact. Proactively finding value through analysis to “put money on the table”
  • Embodying and driving our hypothesis driven, testing culture
  • Technical data modeling. Owning the last mile of data transformation, using DBT to build production-grade data models that turn raw data into clean usable datasets for yourself and for stakeholders
  • Influencing and improving Novo’s data culture through systems, processes, training, and governance that level us up
  • Improve and optimize our best-in-class modern data stack that powers decision making and insight generation
Desired Qualifications
  • Experience in the fintech or banking industry
  • Proficiency in Python (pandas, numpy) for complex statistical analysis or data manipulation beyond SQL capabilities
  • Specific experience with Fivetran, Heap, Snowflake, and dbt.
  • Strong opinion on analytics engineering development cycle (data modeling, version control, documentation, testing & best practices)
  • Familiarity with machine learning techniques and their application in business contexts.
  • Experience with customer segmentation and lifecycle analysis

Novo provides a digital banking platform for businesses, offering a full suite of online banking services in one place. It supports debit cards, payments, and incoming funds, plus Novo Reserves to automatically allocate funds into separate budgets, helping businesses manage cash flow. Novo earns revenue mainly through Novo Boost, which speeds up Stripe payments by about 95%, accelerating access to revenue for reinvestment. The platform also integrates with popular tools such as QuickBooks, Gusto, and Hubspot to simplify workflows. Customer deposits are insured up to $250,000 by Middlesex Federal Savings, enhancing security. The goal is to deliver cost-free, transparent banking services while improving cash flow and operational efficiency for small to medium-sized businesses.

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$296.5M

Headquarters

Miami, Florida

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • Novo Payroll launch unifies banking and payroll in one platform.
  • Delaware expansion boosts operations as Forbes Fintech 50 member.
  • Integrations with Xero, Shopify, and Wise drive e-commerce growth.

What critics are saying

  • Middlesex Federal Savings failure halts operations and strands deposits.
  • Stripe terminates Novo Boost partnership, eliminating key revenue.
  • Check raises payroll API pricing, eroding Novo margins immediately.

What makes Novo unique

  • Novo offers fee-free banking with Novo Reserves for budgeting.
  • Novo Boost accelerates Stripe payments 95% faster for cash flow.
  • Novo Payroll integrates seamlessly with Check for all 50 states.

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Benefits

Hybrid Work Options

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

1%
Refresh Miami
Nov 13th, 2024
NovoPayment secures $20M for expansion

NovoPayment, a Miami-based fintech company, secured $20M in non-equity financing from Morgan Stanley Expansion Capital. This investment will aid in scaling and expanding NovoPayment's commercial partnerships. The company, which raised $19M in Series A funding in 2022, operates in 15 markets across Latin America, the Caribbean, and the U.S. The funding will support innovation and service expansion, enhancing its position in the embedded finance market.

Refresh Miami
Jan 30th, 2024
6+ Things To Know In #Miamitech: News Deluge From Sellersfi, Journeytrack, Novo, Emerge Americas, Locality Bank, Apogee Indigo, Social Mobile, Classwallet, Bric & More

1SellersFi now can provide Amazon e-commerce sellers with significant credit linesSellersFi, the Weston-based e-commerce fintech scaleup, today announced a financing solution with Amazon that will provide eligible Amazon sellers with access to credit lines of up to $10 million through Amazon Lending.“SellersFi was launched seven years ago to address e-commerce sellers’ paramount challenge: to secure the right capital to grow their businesses,” said Ricardo Pero, co-founder and CEO of SellersFi. “This relationship with Amazon highlights our dedication to transforming e-commerce financing to empower small and medium-sized businesses with the accessible financial tools they need to focus their energy and aspirations on amplifying their businesses and attaining exceptional growth.”Hurdles that sellers face in building successful online businesses include competition, order fulfillment, visitor conversion, marketing and others. Even when effectively addressing those factors, however, nearly a third of e-commerce startups fail due to running out of money, according to research by Marketing Signals. These lines of credit from SellersFi and Amazon Lending are meant to support sellers experiencing such challenges.SellersFi currently offers working capital, prepaid debit cards and digital wallets with insurance, business credit and debit, and checking accounts in the pipeline.READ MORE: Scaleup SellersFi closes $300M credit facility, plus equity raise from Citi and Mitsubishi2JourneyTrack closes $2 million seed roundAnia Rodriguez and her team have built a SaaS experience management platform to help companies deliver exceptional experiences for their customers. Her startup JourneyTrack enables companies to create personas and end-to-end customer journeys.Refresh Miami reported in October that JourneyTrack had raised $1.5 million in seed funding. Now the Miami based startup has closed its $2 million seed round that was led by Portland-based Elevate Capital and included Orlando-based through DeepWork Capital.“What JourneyTrack does is allows these end-to-end experiences to be understood and tracked and connected across different divisions, which is a huge pain point that exists today,” said Rodriguez, JourneyTrack’s CEO who gained key insights as a longtime user experience consultant for Fortune 1000 companies, told Refresh Miami in an earlier interview

The Fellowship of Acoustics
Jan 25th, 2024
The New Novo Nucleus Models!

Novo launches their new 'Nucleus' line at NAMM 2024.

Business Wire
Jan 24th, 2024
Novo Announces Novo Payroll For Small Businesses, Powered By Check

NEW YORK MIAMI--(BUSINESS WIRE)--Novo, the powerfully simple® financial solutions platform for small businesses, today announced Novo Payroll. Working with Check, the leading payroll infrastructure company that pioneered the ability for platforms to embed payroll into their products, Novo has launched a payroll solution that is fully integrated into Novo’s platform of small business banking, budgeting, and working capital solutions, enabling small businesses to manage their finances from a single platform. “Traditional small business payroll solutions consist of standalone applications characterized by high fees, burdensome cash-on-hand requirements, and either clunky or non-existent integrations between payroll and business bank accounts,” said Michael Rangel, founder and CEO of Novo. “In collaboration with Check, we built a payroll solution that simplifies and speeds up the process of paying small business employees.". Novo leveraged Check’s embedded payroll API to build Novo Payroll. With coverage in all 50 states, Novo Payroll streamlines the entire payroll process, from calculating wages to facilitating direct deposits and managing tax withholdings

Banking Dive
Jan 24th, 2024
Novo rolls out an embedded payroll tool for small businesses

Novo, a financial solutions platform for small businesses, launched Novo Payroll, which allows any of its customers to run payroll directly from a checking account.