Lending Analyst

Rockstar is recruiting for a company dedicated to expanding equity in education by providing affordable student loans to high-achieving students. This client operates as a distributed team across the U.S. and is headquartered in Atlanta, GA. They are committed to helping students overcome financial barriers to education by offering non-cosigned loans based on academic performance rather than credit scores.

Although the company is headquartered in Atlanta, GA, they operate as a distributed team across the U.S. This is a fully-remote position.

About the Company

The core mission of the company is to expand equity in education by providing affordable student loans to high-achieving students. They understand the critical barrier that financial constraints pose to education as four million people drop out of college each year primarily due to financial challenges. Founded to help solve this issue, the company provides non-cosigned loans based on academic performance rather than credit scores. They believe that hard work, good grades, and responsible borrowing are all indicators of a student’s ability to graduate and obtain a job in their field of study - this role will help the company continue to build this case and increase access to education!

Role Overview

As a Lending Analyst, the individual will be integral to the company's mission by enhancing their ability to provide lending solutions to in-need students. The analysis and reporting will be critical in helping the company grow their portfolio of high-quality assets by: researching complex student loan data, developing actionable financial and cash flow models, and ensuring compliance with regulatory standards. The work will directly impact strategic decisions, helping the company to adapt and thrive in the dynamic market of education finance.

Key Responsibilities

- Student Loan Data Analysis: Analyze and interpret complex lending data related to student loans to identify trends, patterns, and key insights. Use these analyses to guide the company's strategic decisions and help prevent student dropouts due to financial constraints.

- Dashboard and Report Development: Develop and maintain advanced dashboards and reports using Power BI to visualize student loan data, cash flow models, and lending performance metrics. Ensure these tools are actionable and accessible to enhance decision-making across the company.

- Cross-functional Collaboration: Work closely with finance, operations, and dev teams to support data-driven decision-making. Utilize insights from data to influence and optimize lending practices and policies that directly impact student success.

- In-depth Lending Practice Analysis: Conduct detailed analyses of lending practices, focusing on loan performance, borrower behavior, and credit risk. These studies will help refine lending models to better serve students' needs while minimizing financial risk.

- Presentation of Findings: Present findings and strategic recommendations to stakeholders in a clear and concise manner. Ensure that insights are actionable and communicated effectively to drive improvements in lending operations.

- Data Quality and Integrity: Ensure the accuracy and integrity of data through regular quality checks and ongoing maintenance of clean datasets. Implement best practices for data management to uphold high standards of data quality.

- Process Automation and Improvement: Collaborate with the dev team to automate data pipelines and enhance data collection processes. Aim to streamline operations and reduce manual errors, improving efficiency and responsiveness to market or regulatory changes.

- Compliance and Regulatory Reporting: Manage compliance with all applicable state and federal regulations related to student lending. Prepare and submit required reports to regulators, ensuring adherence to all legal standards and maintaining a reputation as a trustworthy educational lender.

What You’ll Bring

- Expertise in Consumer Lending: Deep knowledge of the consumer loan origination process and factors that influence loan performance.

- Analytical Skills: Strong analytical capabilities, both in terms of data management and the use of BI tools to analyze the data.

- Technical Proficiency: Advanced proficiency in Power BI, with substantial experience in other BI tools and database management.

- Communication: Outstanding communication abilities, proficient in conveying complex financial data in understandable terms; experience developing presentations of analysis/findings.

- Adaptability: Ability to thrive in the fast-paced and evolving environment that comes with working in an early-stage company; keen interest in personal and professional growth.

- ‘Nice-to-Have’ Skills:

  - In-depth understanding of compliance and state license requirements for student lending, with experience in regulatory reporting.

  - Proficiency in SQL, Python, or other data analysis tools

  - Experience creating and maintaining sophisticated data models to support cash flow forecasting.

Commitment to Diversity: Employment is based on individual merit. The company is committed to equal employment opportunity regardless of race, color, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity, or Veteran status. They are an equal opportunity employer.

What is Offered:

- Health Insurance: Medical, dental, and vision coverage, often with multiple plan options.

- Health Savings Account (HSA) or Flexible Spending Account (FSA): Pre-tax accounts for medical or dependent care expenses.

- 401k

- Mental Health Support: Access to counseling, therapy, and other Employee Assistance Programs

- Paid Time Off (PTO): 15 days

- Sick Leave: 5 days

- Holidays: 15 Paid company-recognized holidays

- Work-from-home environment

- Professional Development and Volunteer Days: 1 paid day annually for each

- Career Growth Opportunities: Internal promotions, mentorship programs, or regular performance reviews.