Mission Lane

Director, Credit Business Analytics

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Consumer LendingIndustries

Job Description

Position Overview

Mission Lane is revolutionizing access to credit to pave a clear way forward for millions of Americans on the path to financial success. By attracting top-tier talent and leveraging cutting-edge technology, we’re redefining consumer credit for the better.

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.

  • Location Type: [Not Specified]
  • Employment Type: [Not Specified]
  • Salary: [Not Specified]

Responsibilities

  • Manage P&L for the credit limit increase program dedicated to customers who have been with Mission Lane for more than a year.
  • Lead and mentor a team of analysts to their full potential.
  • Optimize account management strategies in response to customer behavior and changing marketplace conditions.
  • Develop a roadmap that will help move forward the credit limit increase program to enable step changes in the company’s growth trajectory.
  • Engage with senior management regularly to articulate the strategy and the opportunities of the program.
  • Collaborate with cross-functional teams across product, data science, engineering, and capital markets to bring strategies to market.

Requirements

  • 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.
  • Familiarity with SQL, Python, or other tools for data analysis.
  • 7+ years of experience in a highly analytical role.
  • Bachelor’s or Master’s in Economics, Finance, Engineering, Mathematics, or similar quantitative field with a 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.

Company Information

  • Mission: Revolutionizing access to credit to pave a clear way forward for millions of Americans on the path to financial success.
  • Culture: An engaging culture with access to training programs and advancement opportunities.
  • Benefits:
    • Work: Full health, dental, and vision benefits, Flexible Spending Account (for medical and childcare expenses), paid parental leave, and a 401k Company Match.
    • Life: Generous PTO, flexible schedules, a Calm App subscription.
    • Balance: (Details not provided)
  • Accommodations: Mission Lane is committed to ensuring our team members have balance in their lives. We’re committed to ensuring our team members have balance in their lives. Our comprehensive benefits package provides the support you need to thrive at work and at home. If you need accommodations to perform at your highest potential throughout the application and/or interview process, don’t hesitate to reach out.

Skills

SQL
Python
Data Analysis
Problem Solving
Stakeholder Communication

Mission Lane

Provides transparent credit solutions and education

About Mission Lane

Mission Lane LLC offers credit cards designed to help individuals build or rebuild their credit, particularly those with limited credit history or financial setbacks. Their products feature no hidden fees, no security deposits, and instant approval decisions, making them more accessible than traditional credit cards. The company stands out by providing free access to credit scores and educational resources, helping clients improve their creditworthiness. Mission Lane's goal is to promote responsible credit use by rewarding good financial behavior with higher credit limits over time.

Richmond, VirginiaHeadquarters
2018Year Founded
$687.8MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Full health, dental, and vision benefits
FSA
Paid parental leave
401k with company match
Generous PTO
Flexible work schedule

Risks

Increased competition from fintechs could erode Mission Lane's market share.
Economic downturns may lead to higher default rates, impacting profitability.
Rapid tech advancements require continuous updates, straining Mission Lane's resources.

Differentiation

Mission Lane offers credit cards with no hidden fees or security deposits.
Instant credit card application decisions reduce customer anxiety and waiting times.
Partnership with Plaid enhances access to over 7,000 financial apps and services.

Upsides

Recent $150 million investment supports aggressive expansion and product development.
Credit Builder Account offers unique value with no fees or interest for credit improvement.
Brandon Black's appointment as CEO brings strategic growth and operational excellence.

Land your dream remote job 3x faster with AI