[Remote] Legal Operations Analyst at OppFi

Remote

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Not SpecifiedCompensation

N/AExperience Level

N/AJob Type

Not SpecifiedVisa

N/AIndustries

Requirements

High School Diploma required
Associates or bachelor’s degree preferred
Excellent verbal and written communication skills
Excellent attention to details
Strong analytical, prioritization, organizational, and time management skills
Strong multi-tasking skills
Team player with the ability to work productively within a group and maintain a high degree of independence
Analytical skills, problem solving, good critical thinking and decision-making skills
Strong data-entry proficiency
Excellent problem-solving skills
Ability to work independently and as part of a team

Responsibilities

Report to Customer Solutions Team Lead
Develop procedures and task completion strategy to support the growth and scalability of the Servicing Operations team
Perform recurring processing activities in accordance with established standard operating procedures
Assist with implementation of new systems as needed to support evolving processes
Perform exception processing to determine if processing errors exist and correct them in a timely manner
Work with other team members and 3rd parties to resolve research issues and processing exceptions
Work with cross-departmentally to ensure timely completion of certain projects and tasks
Review, prioritize, and provide timely and accurate response to tasks, email, etc
Analyze information on various situations and make appropriate recommendations on actions
Perform ad-hoc tasks as required

Skills

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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