[Hiring] Sr. Analyst, Consumer Lending Analytics @Merrick Bank

Role Description

The Sr. Analyst of Consumer Lending Analytics will contribute to driving growth and improving risk-adjusted returns for Merrick’s Recreational and Flow Lending businesses.

• Merrick’s Recreational Lending business offers secured installment loans through dealer partners for RVs, boats, trailers, and more.
• Merrick’s Flow Lending business purchases consumer loan assets originated and serviced by other lenders.
• This role will support improvements across credit strategy, verification strategy, pricing, and valuations.

Essential Functions

• Credit Strategy: Analyzes credit policies such as approve/decline criteria, policy limits, verification requirements, and risk model implementations.
• Performance Monitoring and Valuations: Monitors and interprets key performance indicators (KPIs) and financial metrics to effectively manage the P&L, providing actionable insights that support strategic decision-making.
• Pricing & Product Optimization: Conducts comprehensive, data-driven analyses and market research to identify opportunities for product enhancements, pricing adjustments, and partner/customer experience improvements that increase profitability and market positioning.
• Compliance with Laws and Regulations:
  • Responsible for complying with all of the Bank’s internal control policies and procedures.
  • Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
  • Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.
• Additional Responsibilities:
  • Perform other duties as assigned by senior management.
  • Maintain ethical standards, judgment, and confidentiality in all matters.

Qualifications

• Bachelor's degree in a quantitative field (e.g., Business, Economics, Finance, Statistics, Engineering, Math, or Sciences) is required.
• Two (2) years of experience using data-driven analysis to inform business or product strategy.

Requirements

• Strong communication skills.
• Proficiency with SQL or a scripting language (e.g., Python, R).
• Comfort working hands-on with large analytical datasets to perform complex analyses.
• Proficiency with Microsoft Office tools such as Excel and PowerPoint.
• Proven ability to work within cross-functional teams.
• Previous experience in consumer financial services or fintech industries, particularly with indirect and/or secured lending products.
• Experience with credit policy and/or pricing strategies.
• High curiosity and learning agility, with a strong initiative and willingness to roll up one’s sleeves.

Benefits

• Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
• Benefits Package - Medical, Dental, and Vision (plus much more)
• 401(k) Plan with Company Match
• Short- & Long-Term Disability
• Wellness Programs
• Group Life and AD&D Insurance
• Paid Vacation, Sick Days and bank Holidays
• Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition