Manager, Internal Controls & Remediation

Octane is unlocking the power of financial products for merchants and consumers. Our cutting-edge technology and innovative financial products empower businesses with more control and flexibility, enabling them to deliver seamless digital experiences, drive customer loyalty, and build long-term value.

Octane supports merchants throughout the sales cycle: connecting dealerships with high-intent buyers, driving transparent, fast, and easy closings with award-winning technology, and providing on-going customer care with superior loan servicing.

Founded in 2014, Octane supports over 60 OEM partner brands and over 4,000 dealer partners, and has a team of over 600. Visit www.octane.co for more information.

We’re hiring a Manager, Internal Controls & Remediation to drive Octane’s operational compliance and risk management initiatives. In this role, you’ll lead cross-functional teams remediating issues identified across the organization. The ideal candidate has strong knowledge of consumer lending regulations, hands-on leadership experience, and proven success managing teams and projects. We’re seeking a detail-oriented problem-solver with excellent communication and relationship-building skills who thrives in a fast-paced, collaborative environment.

Responsibilities:

• 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.

Requirements:

• Bachelor’s Degree preferable in Business, Finance, or related field

• Minimum of 5 years of operational compliance experience ideally from the following areas:

• Automotive, RV, Marine, or Powersports Lending

• Financial Tech industry or business

• Credit & Collections leadership expertise

• Start-Up, entrepreneurial background and mentality

Preferred Skills:

• Lucid Charts or other Flow Charting software

• Workiva or other Risk Governance software update

• Excellent analytical & problem-solving skills

• Strong Google Suites tools knowledge

• Strong Microsoft tool knowledge: Excel, PowerPoint, Visio & Word.

Compensation: The role described above offers a base salary of $100,000 to $120,000. Your offer will be based on the alignment of your qualifications with the requirements of the job, location, and internal equity. In addition to the above-mentioned salary, Total Rewards include a stock option package, and benefits as outlined below.

Benefits:

• Robust Health Care Plans (Medical, Dental & Vision)

• Generous Parental Leave

• Flexible Time Off (FTO) Policy - Time off when you need it.

• Retirement Plan (401K) with company match

• Educational Assistance/Tuition Reimbursement up to $3K/year

• Life Insurance (Basic, Voluntary & AD&D)

• Short Term/Long Term Disability

• Robust Ancillary benefits including accident insurance, hospital insurance etc.

Disclaimer: The above statements are intended to describe the general nature and level of work being performed by associates assigned to this classification. They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified. All personnel may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Octane Lending is an equal opportunity employer committed to providing equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or any other protected status with respect to recruitment, hiring, promotion and other terms and conditions of employment.