At OnDeck, we improve the world’s economic landscape by changing the way small businesses access capital. We do it in an environment where we celebrate collaboration, but aren’t afraid of healthy competition; where we’re serious about our work but don’t take ourselves too seriously; and where we are small enough to be nimble but strong enough to make a big impact.

The Director of Risk Management for New Products and Strategic Initiatives is responsible for creating go-to-market credit strategies for new products, features, and partnerships that transform OnDeck’s operating model. Responsibilities will vary based on priorities declared by OnDeck’s executive committee and Risk leadership, and will enable deep investigation of multiple aspects of the business. The candidate filling this role will apply understanding of fundamental credit principles, analytic thinking, and hands-on analysis to specific problems, produce targeted recommendations and assessments, and build support from senior leadership before transitioning to the next area of focus. 

As the Director of Risk Management for New Products and Strategic Initiatives at OnDeck, you will:

• Define risk appetite, target segments, pricing, underwriting and risk mitigation strategies for new product launches
• Develop and monitor test campaigns, and make modifications to risk strategies that lead to scaled launch in the market
• Define other key aspects of go-to-market strategy including product structure, channel strategy, and capability requirements that influence the risk and profitability performance of new products in partnership with Product, Sales, Finance and Operations teams, as well as, peers within the Risk organization
• Evaluate new business opportunities including proposed product features, partnership and M&A opportunities; Produce pro-forma financial projections, develop capability requirements and create test-and-learn risk strategies
• Perform detailed analysis and interpret information to make recommendations to Senior Management on critical new business opportunities including new product features, potential partnership and acquisition opportunities
• Ensure timely and effective communication of forecast results & interpretation; anticipating potential needs in order to establish and maintain good working relationships with key business stakeholders
• Lead a team in the delivery of the above, as demand builds, supporting development and success of direct reports 

Necessary qualifications for success:

• 7+ years of experience developing customer-facing risk strategies for secured lending products in the financial services industry, experience in small-ticket commercial equipment finance or secured auto lending preferred
• Exposure to full customer lifecycle required in order to enable go-to-market approaches across
• Bachelor’s degree in Finance, Economics, Engineering, Statistics, Mathematics or other quantitative field. Master’s degree preferred
• Strong analytical and problem-solving skills as demonstrated by prior work experience
• Deep working knowledge of analytical techniques and packages (including Excel, SQL, R) enabling solution development, and support/evaluation of team’s work product
• Excellent written and verbal communication skills, including experience developing and presenting recommendations to Senior Management
• Comfort in a fast-paced business-critical role that is a key contributor to OnDeck’s continued success 

About OnDeck:

As the largest online small business lender in the U.S. and a leading online lender in Canada serving more than 700 different industries, we have been trusted by approximately 100,000 small businesses by providing them with financing to help them build growing and thriving enterprises. Since 2007, we’ve issued over $10 billion in capital.

Join us as we enable small businesses to achieve their goals. At OnDeck, we’re reinventing small business financing. We care intensely about each other, our company and the customers we serve, and are committed to making every day count. We are small enough to be nimble and strong enough to make a big impact.

OnDeck believes that each and every team member plays an important role in our company’s success. That’s why we strive to provide you and your family with a competitive and comprehensive benefit program with a variety of options and opportunities. We offer: 

• Generous Vacation
• Comprehensive Healthcare
• Educational Reimbursement
• 401k Matching
• Parental Leave
• Sports Teams
• Stocked Kitchens
• Loan Consolidation

We are going to ask you to talk about your accomplishments. Here are some of ours: 

• Built in Colorado, Top 100 Digital Companies in Colorado, 2015, 2016, 2017
• Built in NYC’s 100 Best Places to Work, 2019
• Colorado SHRM Best Companies to Work For in Colorado, 2015
• Crain’s New York Best Places to Work, 2013, 2014, 2015
• Crain’s New York Business Fast 50, 2013, 2014, 2016, 2017
• Denver Business Journal Largest Technology Employers in Denver, 2019
• Denver Business Journal Best Places to Work, 2019
• FinTech Breakthrough Award – Best Overall LendTech Company, 2018
• Fortune 50 Best Workplaces for Diversity, 2016
• Fortune 50 Best Small and Medium Companies to Work For, 2016
• Fortune 30 Best Workplaces in Finance and Insurance, 2016
• Fortune.com and Great Place to Work 100 Best Workplaces for Millennials, 2015
• Fortune/Great Place To Work Great Rated! People’s Picks: 20 Great Workplaces in Financial Services, 2015
• Forbes’ America’s Most Promising Companies, 2013, 2014
• Great Place to Work Certification, 2017, 2018, 2019
• Inc. 500|5000, 2013, 2014
• Inc. Hire Power, 2013
• Lending Tree’s Top Rated Customer Satisfaction, Q1 2018
• Selling Power Magazine Best Company to Sell For, 2013, 2014, 2015, 2016, 2017, 2018
• US News & World Report, “Best Unsecured Business Loans of 2018” – Best for Term Loans
• Washington Post Top Places to Work, 2019
• WorldatWork, 2017 Seal of Distinction

As part of our dedication to maintaining an inclusive and diverse workforce, OnDeck provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics. In addition to federal law requirements, OnDeck complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

OnDeck expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of OnDeck’s employees to perform their job duties may result in discipline up to and including discharge.

**No external recruiters or agents, please.**