OppFi

Benefits & Leave Associate

Remote

Not SpecifiedCompensation
Entry Level & New Grad, Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BiotechnologyIndustries

Requirements

The ideal candidate possesses strong analytical thinking, intellectual curiosity, and a desire to understand complex leave administration, thriving on details and problem-solving. Experience with HRIS systems like UKG is beneficial. A commitment to delivering exceptional service while ensuring compliance and accuracy is essential.

Responsibilities

The Benefits & Leave Associate will administer employee benefit programs, serve as a point of contact for employee inquiries, and coordinate with third-party vendors for leave of absence processes. Responsibilities include auditing pay and benefits, supporting payroll for employees on leave, driving employee engagement through communications, and assisting with annual open enrollment and compliance activities like ACA reporting and 5500 filings. The role also involves maintaining documentation and troubleshooting benefits issues.

Skills

Benefits Administration
Leave of Absence Programs
Data Auditing
Compliance
Employee Engagement
Analytical Thinking
Problem-Solving
HR Operations

OppFi

Specialty finance platform for personal loans

About OppFi

OppFi provides a platform that helps community banks offer personal loans to individuals who often struggle to access credit from traditional financial institutions. By partnering with these banks, OppFi enables them to extend credit to underserved Americans, allowing these consumers to improve their financial health. The loans are designed to be accessible and are accompanied by a focus on responsible lending practices. OppFi differentiates itself from competitors by emphasizing transparency and best-in-class customer service, ensuring that clients understand the terms of their loans and feel supported throughout the process. The company's goal is to promote financial inclusion and help individuals rebuild their financial stability.

Chicago, IllinoisHeadquarters
2012Year Founded
$283MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Generous vacation
Insurance benefits
401(k) matching
Employee Assistance Program
Tuition reimbursement
Subsidies for childcare costs, free financial literacy tools, 6 paid weeks of parental leave
Collaborative and supportive company culture

Risks

Increased competition in small business financing could challenge OppFi's market position.
Potential delay in Federal Reserve rate cuts may decrease loan demand.
Integration risks exist with the acquisition of Bitty Advance.

Differentiation

OppFi partners with community banks to extend credit to underserved consumers.
The company emphasizes responsible lending and financial inclusion in its business model.
OppFi offers financial literacy resources through a collaboration with Zogo.

Upsides

Acquisition of Bitty Advance diversifies OppFi's product offerings in small business financing.
Expanded $50 million credit facility supports growth and new product roll-out.
Partnerships with educational platforms enhance customer engagement and retention.

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