Octane

Manager

• Act as key project manager for the Collections and/or Servicing areas on specifically assigned compliance related projects managing cross functional teams from kick off to submission for Closure to Risk Governance.
• Communicate with business stakeholders and Risk Governance to ensure alignment with each project.
• Coordinate and facilitate effective meetings and include the appropriate cross-functional stakeholders.
• Provide support, direction and follow-up on deliverables through consistent communication.
• Monitor project progress and adjust plans as needed to ensure projects are delivered on time and within scope.
• Create and maintain comprehensive project documentation to include: weekly updates deliverables, meeting minutes, supporting documents and required milestone due dates.
• Create strong partnerships with stakeholders through positive intent and follow through.
• Facilitate the Compliance Related Project flow and capture of key documents including Scoping, Project Planning, Business Requirements and Closure Requests.
• Submit key milestone documents for 2nd LOD  Risk Governance approval according to agreed upon SLAs.
• Facilitate the cross functional team to capture any needed Policy, Procedure, vendor  or training update as part of the SII project.
• Ensure clarification of ENG business requirements and timing estimates to manage the project to scheduled due dates.
• Identify any project prerequisites or dependencies and manage the linkage.
• Facilitate the update and/or creation of process reporting to provide at a minimum, detective reporting, but where ever possible introduce preventative controls and reporting.
• Drive the execution of repeatable, efficient processes with a focus on leveraging technology. Use data to analyze, measure, and track and test performance and controls with a focus on continuous improvement.
• Facilitate Process Flow captures for complex processes, and Root Cause analysis for risk assessment findings where the root cause is not clear. Help the business avoid jumping to solutions before analysis.
• Stay abreast of the regulatory and compliance environment in which Octane operates.

Manager, Internal Controls – Remediation

Account Manager

• Manage and optimize origination underwriting to ensure the portfolio performance is within risk appetite framework.
• Adherence to the Risk policy, standards and frameworks, and maintaining a robust control environment.
• Ability to perform advanced data analytics and advise the underwriting strategies for loan origination, loan amount assignment, and loan pricings that optimize profitability from end to end.
• Collaborate with the portfolio risk team to track credit performance and take action to manage the portfolio within the organization’s risk management appetite.
• Take ownership of credit policy documentation and enhance policies and processes to mitigate credit risk exposure.
• Improve sophistication and technical implementation of current approaches.
• Maintain quality control and validation that risk processes are working as expected.
• Relationship management of risk stakeholders, including identifying relevant stakeholders, and maintenance of the quality of external third-party services.
• Work cross-functionally with the company’s Tech, Product, Sales, and Finance teams to lead and manage new credit product initiatives that further our mission of providing convenient point-of-sale financing to niche consumer products.
• Provide guidance and mentorship to junior team members, fostering their growth and ensuring alignment with team objectives.

Senior Manager, Credit Strategy – Partnerships

Analyst

• Support the development of the 1st Line of Defense (LoD) Controls Testing in accordance with the Risk & Control Matrix (RCM) program to properly test business process and procedural controls across the organization.
• Ensure proper identification of Risks, Controls, Control gaps, Control Design and Control testing is built and implemented across the organization at the 1st LoD.
• Ensure the Control Testing program properly evaluates the firm's compliance with approved procedures and to help ensure that control gaps are adequately escalated and mitigated through remedial actions.
• Support the Octane 1st LoD testing program including testing modules, test scripts, sample methodologies, reporting results and action plans.
• Assist in development of proper monitoring programs to ensure controls and processes are working as intended
• Partner closely with peers to understand the process risks and develop process control reporting requirements.
• Must be capable of determining the root cause of issues and develop effective remediation plans to mitigate the risks.
• Must be capable to perform manual control testing to ensure that procedures are being followed as written and approved with no control gaps.
• May act as a Project Manager for 1st LoD Business Controls & Remediation related initiatives tracking business decisions and ensuring outcomes to meet policy and procedure standards.
• Collaborate with cross-functional partners and Legal to design, implement, and support a procedurally compliant program.
• Work closely with the Servicing, Collections and Credit Ops and Risk teams to support Octane business processes, decisioning models and credit policies while ensuring compliance is properly embedded and monitored for completeness and accuracy.
• Experience in requirement gathering and analysis, working with stakeholders, workflows Business processing, Mapping and control gap analysis.
• Provide 1st LoD Business Controls and Remediation advisory support on assigned processes and procedures.
• Troubleshoot the process control reporting environment, database and reports.
• Evaluate and fully understand current policies & procedures.
• Provide root cause analysis for control gaps and/or control weaknesses.
• Develop KRIs and KPIs
• Limited travel (maybe 3-5 times) per year

Analyst, Internal Controls, Remediation

Operations

• Octane is a fintech company delivering digital financing and loan servicing for recreational purchases (powersports, RVs, OPE).
• The Credit Reporting Operations Manager oversees Octane’s CDIA-compliant Metro2 reporting program and dispute management.
• Own policies, procedures, process flow charts, and documentation comprising the Metro2 reporting program.
• Maintain and improve credit reporting standards based on dispute trends, regulatory and CDIA guidance.
• Create, submit, and audit Metro2 Data Files to all four major CRAs including data review and scrubbing.
• Lead root cause analysis to correct errors in data furnishing prior to reporting, including data integrity checks and dispute management.
• Develop scalable workflows and controls to ensure quality and consistency.
• Manage a team of dispute analysts, ensuring SLAs, performance goals, coaching, and professional development.
• Conduct periodic audits of Metro2 files and data furnishing processes to ensure accuracy.
• Coordinate with technical teams for system and process development to maintain compliance.
• Act as resident expert in FCRA compliance and credit reporting/dispute requirements.
• Oversee monthly Disputes, BK Watch, and Deceased Scan processes and inventory ongoing issues for continuous improvement.