[Hiring] Senior Business Manager, Underwriting Innovation Lead @Mission Lane
Mar 11, 2025 - Mission Lane is hiring a remote Senior Business Manager, Underwriting Innovation Lead. đź’¸ Salary: target base salary: $165,000 - 185,000. đź“ŤLocation: USA.
Role Description
At Mission Lane, our analysts work on initiatives that touch all facets of the business and have the opportunity to work on different teams within the organization as their careers develop. The Credit Team is responsible for matching prospective customers with the right product terms, owning the underwriting process throughout the lifetime of the customer, understanding lifetime value, and creating pathways to customer graduation all while staying true to our mission.
As an Underwriting Innovation Lead you will:
- Create a strategy to evaluate and onboard alternate sources of data
- Collaborate with cross functional teams to scale alternative data sources at Mission Lane
- Create and execute strategies to increase customer permission rate for sensitive sources
- Collaborate with data science partners to experiment with new data sources and build models that can add scale to models built on traditional data
- Create a plan to test and rollout models in-market
- Develop a roadmap that will help deliver critical models and capabilities derived from alternate data sources
- Engage with senior management regularly to articulate the strategy and the opportunities of the program
Qualifications
- Proven ability to problem solve end-to-end: from framing the question and forming a hypothesis, to analyzing the data, to communicating and debating the answer with other stakeholders
- Comfortable working with white space problems that require strategic thinking and structuring into smaller workable pieces
- Familiarity with SQL, python, or other tools for data analysis
- 7+ years of experience in a highly analytical role
- Bachelor’s or Masters in Economics, Finance, Engineering, Mathematics, or similar quantitative field with record of strong academic performance
Preferred Qualifications
- Experience doing analytical work with credit cards or other consumer lending products
- Experience helping scale a business in a fast-paced startup environment
- Expertise in SQL or Python
Benefits
- An engaging culture with access to training programs and advancement opportunities
- Full health, dental, and vision benefits
- Flexible Spending Account (for medical and childcare expenses)
- Paid parental leave
- 401k Company Match
- Generous PTO
- Flexible schedules
- A Calm App subscription
- Unlimited paid time off
- A monthly wellness stipend
- Health/dental/vision insurance options
- Disability coverage
- Life insurance
- A remote-friendly work environment
Compensation
Target base salary: $165,000 - 185,000
Additional compensation in the form(s) of participation in our annual incentive program and equity are dependent on role. Pay is based on factors such as work experience, education, certification(s), training, skills, and competencies related to the role.
Company Description
Founded in December 2018, Mission Lane is a purpose-driven fintech company based in the U.S., with headquarters in Richmond, Virginia. It all started with a realization: nearly fifty percent of the adult population in the U.S. doesn’t have access to a clear line of credit. Most traditional credit card companies either overlook or overcharge this group because they have less-than-perfect credit scores or no scores at all. We decided this just wouldn’t do.
In partnership with our sponsor banks, we offer credit cards under the Mission Lane brand name, with better, clearer terms, and a more refined customer experience than the alternatives available to people working hard to improve their credit.
To date, over three million consumers have chosen Mission Lane, earning high customer ratings on Credit Karma for its market segment and industry leading Net Promoter scores.
Mission Lane has cumulatively raised over $600 million of equity from leading investors, including Invus Opportunities, QED Investors, LL Funds, funds affiliated with Oaktree Capital Management, and other leading investors.
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| đź“Ť | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
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Salary
đź’¸
target base salary: $165,000 - 185,000
|
Remote
Location
USA
|
|
Job Type
unspecified
|
Posted
Mar 11, 2025
|
| đź“Ť | Be aware of the location restriction for this remote position: USA |
| ‼ | Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more. |
