Mission Lane

Senior Business Manager, Underwriting Innovation Lead

United States

Mission Lane Logo
Not SpecifiedCompensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, Credit & LendingIndustries

Requirements

Candidates should possess a Bachelor’s or Master’s degree in Economics, Finance, Engineering, Mathematics, or a similar quantitative field, along with a record of strong academic performance and at least 7 years of experience in a highly analytical role. Familiarity with SQL, Python, or other data analysis tools is also required.

Responsibilities

As an Underwriting Innovation Lead, the individual will create a strategy to evaluate and onboard alternate sources of data, collaborate with cross-functional teams to scale alternative data sources, develop and execute strategies to increase customer permission rates, collaborate with data science partners to experiment with new data sources and build models, create a plan to test and rollout models in-market, and develop a roadmap to deliver critical models and capabilities derived from alternate data sources, as well as regularly engage with senior management to articulate the program’s strategy and opportunities.

Skills

SQL
Python
Data analysis
Strategic thinking
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.

Key Metrics

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.

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