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, Portfolio Optimization is responsible for the financial performance of OnDeck’s loan portfolio. Responsibilities span across all portfolio impacts including credit, pricing, segmentation, underwriting policy and performance, macroeconomic changes, portfolio monitoring, and collections. This person will lead a team to develop and ensure adherence to OnDeck’s Statement of Risk Appetite consistent with OnDeck’s product and operational goals and capabilities. The Portfolio Optimization team will influence OnDeck’s product value chain by providing insight to key constituents using portfolio diagnostic and predictive analytics. The team will create and maintain an optimized picture of past, current, and forecast OnDeck portfolio position across key metrics to help ensure OnDeck financial attainment of strategic goals.
As the Director, Portfolio Optimization at OnDeck, you will:
Necessary qualifications for success:
At OnDeck, we make small business a big deal. We care intensely about each other, our company and the customers we serve, and are committed to making every day count.
As the largest online small business lender in the U.S. serving more than 700 different industries, we have been trusted by over 50,000 small businesses by providing them with a term loan or line of credit to help them build a growing and thriving enterprise. Since 2007, we’ve issued over $7 billion in capital.
Come be a part of a company that’s changing the game for small business financing.
Why Choose Us
We’re creating opportunities for small businesses and team members to grow and succeed. We do it in an environment where we celebrate collaboration and aren’t afraid of healthy competition; where we’re serious about our work and don’t take ourselves too seriously; and where we are small enough to be nimble and strong enough to make a big impact.
What we offer you:
We also offer…
401K Match. Tuition Reimbursement. Paid Parental Leave. Company Outings. Hackathons. Company Sponsored Sports Teams/Clubs. Office Learning & Development Training.
Awards we've received:
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.
Ondeck is a technology-enabled financial platform that provides loan financing to small- and medium-sized businesses. The company uses proprietary software to aggregate data about a business’ operations which is processed by an algorithm that determines loan eligibility.