Manager, Flow Lending
Merrick Bank · South Jordan, UT · 1 mo ago
Finance$10/hrFull-time
We need to output HTML fragment with sections: About the role? Actually we have "Who We Are", "What We Do", "Position Summary", "Essential Functions", "Compliance with Laws and Regulations", "Additional Responsibilities", "Education And Experience", "Summary Of Qualifications", "Why join us", "Our Employee Value Proposition". Also maybe "Benefits" etc. We need to use for section headings (e.g., About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). But we can also use other headings? The instruction: "use
for section headings (e.g., About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). But we can also use other headings? The instruction: "use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." It suggests we should use those headings if applicable. However we can also use other headings? It says use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). Likely they want us to map content to those standard headings. But we can also include other headings if needed? The instruction: "Use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." It doesn't forbid other headings, but suggests using those. Probably we should map sections to those headings where appropriate. Let's identify content:
- About the role: Could be Position Summary.
- Responsibilities: Essential Functions + Additional Responsibilities.
- Requirements: Education And Experience.
- Qualifications: Summary Of Qualifications.
- Skills: maybe part of Qualifications.
- Benefits: Our Employee Value Proposition includes benefits.
- Pay: mention "Competitive Pay, including a Bonus Target or Variable Pay Incentive Program". Also "Offered rates of pay are determined based on job-related knowledge..." So we have pay info.
- Schedule: Not mentioned. So we should not include Schedule section.
We must not repeat job title as heading. Not include Job ID etc. Remove boilerplate: EEO, equal-opportunity, scam-warning, etc. Also remove navigation, cookie, legal. Also remove duplicated lines.
We need to preserve all substantive information. So we need to include all content from the posting except boilerplate.
Let's extract substantive paragraphs:
Intro: "Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day."
Who We Are: "Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide."
What We Do: "We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses. Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume."
Position Summary: "The Manager, Flow Lending supports the development of the strategy and execution of all Flow Lending partnerships for Merrick Bank. This position supports Merrick Bank’s efforts to drive financial performance and overall success of the Flow Lending business, including assessing new partnerships for fit by both the desired return profile and the Merrick Bank’s strategic aims. The Manager for Flow Lending will contribute to driving growth and improving risk-adjusted returns for the Flow Lending business. Merrick’s Flow Lending business purchases consumer loan assets from third party lenders and develops direct lending programs in partnership with third party lenders. This role will support improvements across credit strategy, pricing, program valuations, and growth opportunities."
Essential Functions: list of bullet points (the long paragraph). We need to convert to - . The essential functions paragraph includes many sentences separated by periods. We can split into list items.
Let's extract each bullet:
- Leads deal analytics, performance reporting, and cross-functional project initiatives.
- Builds and owns financial models to measure unit economics and deal-level returns, monitoring to stay on top of performance trends.
- Defines segmentation specific to each Flow Lending partner to drive deeper understanding of profitability dynamics and feeding insights back into the strategy.
- Monitors and analyzes performance trends, identifying areas for improvement and providing actionable insights that support strategic decision-making.
- Works closely with finance, strategy, compliance and senior management to align analytical efforts with business objectives and strategic goals.
- Evaluates new Flow Lending opportunities as they arise, analyzing loan tapes, understanding the partner’s strengths and weaknesses, and forming a point of view on the potential for the partnership.
- Engages with Flow Lending partners to drive actions that lead to better outcomes for both sides of the partnership.
- Analyzes credit policies such as approve/decline criteria, loan amounts, and pricing.
- Prepares and presents detailed analysis and reports to senior management, highlighting key findings, trends, and implications for strategic decision-making.
Compliance with Laws and Regulations: three bullet points:
- Responsible for complying with all of the Bank’s internal control policies and procedures.
- Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
- Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.
Additional Responsibilities:
- Perform other duties as assigned by senior management.
- Maintain ethical standards, judgment, and confidentiality in all matters.
Education And Experience:
- Bachelor's degree in a quantitative field (e.g., Business, Economics, Finance, Statistics, Engineering, Math, or Sciences) is required.
- Five (5) years of experience using data-driven analysis to inform business or product strategy.
Summary Of Qualifications: list:
- Excellent analytical and problem-solving skills, with the ability to interpret complex data and provide actionable insights.
- Strong communication skills.
- Proficiency with SQL or a scripting language (e.g., Python, R).
- Comfort working hands-on with large analytical datasets to perform complex analyses.
- Proficiency with Microsoft Office tools such as Excel and PowerPoint.
- Proven ability to work within cross-functional teams.
- Previous experience in consumer financial services or fintech industries, particularly with lending products.
- Experience with credit policy and/or pricing strategies.
- Ability to work through unconventional problems to identify issues and provide resolutions.
- Strong business acumen and strategic thinking abilities, with a focus on driving results and optimizing performance.
Why join us: paragraph:
- "We believe in putting people first by supporting our customers, employees and our partners while creating opportunities for everyone to reach their potential. From fostering work-life balance to rewarding good work and innovative ideas, we invest in what matters most, our people. At Merrick Bank, you’ll be part of a collaborative, customer-focused team where you can grow your career while making a meaningful impact."
Our Employee Value Proposition: list:
- Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
- Benefits Package -Medical, Dental, and Vision (plus much more)
- 401(k) Plan with Company Match
- Short- & Long-Term Disability
- Wellness Programs
- Group Life and AD&D Insurance
- Paid Vacation, Sick Days and bank Holidays
- Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition
- We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite.
- Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location.
We should not include EEO boilerplate after that.
Now we need to map to headings.
We can have:
About the role
(maybe combine Who We Are, What We Do, Position Summary? Actually About the role could be Position Summary. But we also have Who We Are and What We Do which are about the company. Could be separate sections like "About Merrick Bank" but not in list. The instruction says use those headings as examples, not strictly limited. But to be safe, we can create sections: About the role (Position Summary), Responsibilities (Essential Functions + Additional Responsibilities), Requirements (Education And Experience), Qualifications (Summary Of Qualifications), Benefits (Employee Value Proposition), Pay (Competitive Pay etc). We might also include a section "About the company" but not required. However we need to preserve all substantive information, so we need to include Who We Are and What We Do somewhere. Could put them under a section "About Merrick Bank" but not in the prescribed headings. The instruction says "use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." It doesn't forbid other headings, but suggests using those. I'd include a section "About Merrick Bank" as About Merrick Bank
maybe okay. But to be safe, we could incorporate Who We Are and What Do into "About the role" or maybe a preceding paragraph before headings. The intro paragraph "Join our team..." could be a
before any heading.
Thus structure:
Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day.
About Merrick Bank
Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide.
We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses. Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.
About the role
The Manager, Flow Lending supports the development of the strategy and execution of all Flow Lending partnerships for Merrick Bank. This position supports Merrick Bank’s efforts to drive financial performance and overall success of the Flow Lending business, including assessing new partnerships for fit by both the desired return profile and the Merrick Bank’s strategic aims. The Manager for Flow Lending will contribute to driving growth and improving risk-adjusted returns for the Flow Lending business. Merrick’s Flow Lending business purchases consumer loan assets from third party lenders and develops direct lending programs in partnership with third party lenders. This role will support improvements across credit strategy, pricing, program valuations, and growth opportunities.
Responsibilities
- Leads deal analytics, performance reporting, and cross-functional project initiatives.
- Builds and owns financial models to measure unit economics and deal-level returns, monitoring to stay on top of performance trends.
- Defines segmentation specific to each Flow Lending partner to drive deeper understanding of profitability dynamics and feeding insights back into the strategy.
- Monitors and analyzes performance trends, identifying areas for improvement and providing actionable insights that support strategic decision-making.
- Works closely with finance, strategy, compliance and senior management to align analytical efforts with business objectives and strategic goals.
- Evaluates new Flow Lending opportunities as they arise, analyzing loan tapes, understanding the partner’s strengths and weaknesses, and forming a point of view on the potential for the
for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule). Likely they want us to map content to those standard headings. But we can also include other headings if needed? The instruction: "Use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." It doesn't forbid other headings, but suggests using those. Probably we should map sections to those headings where appropriate. Let's identify content:
- About the role: Could be Position Summary.
- Responsibilities: Essential Functions + Additional Responsibilities.
- Requirements: Education And Experience.
- Qualifications: Summary Of Qualifications.
- Skills: maybe part of Qualifications.
- Benefits: Our Employee Value Proposition includes benefits.
- Pay: mention "Competitive Pay, including a Bonus Target or Variable Pay Incentive Program". Also "Offered rates of pay are determined based on job-related knowledge..." So we have pay info.
- Schedule: Not mentioned. So we should not include Schedule section.
We must not repeat job title as heading. Not include Job ID etc. Remove boilerplate: EEO, equal-opportunity, scam-warning, etc. Also remove navigation, cookie, legal. Also remove duplicated lines.
We need to preserve all substantive information. So we need to include all content from the posting except boilerplate.
Let's extract substantive paragraphs:
Intro: "Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day."
Who We Are: "Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide."
What We Do: "We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses. Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume."
Position Summary: "The Manager, Flow Lending supports the development of the strategy and execution of all Flow Lending partnerships for Merrick Bank. This position supports Merrick Bank’s efforts to drive financial performance and overall success of the Flow Lending business, including assessing new partnerships for fit by both the desired return profile and the Merrick Bank’s strategic aims. The Manager for Flow Lending will contribute to driving growth and improving risk-adjusted returns for the Flow Lending business. Merrick’s Flow Lending business purchases consumer loan assets from third party lenders and develops direct lending programs in partnership with third party lenders. This role will support improvements across credit strategy, pricing, program valuations, and growth opportunities."
Essential Functions: list of bullet points (the long paragraph). We need to convert to - . The essential functions paragraph includes many sentences separated by periods. We can split into list items.
Let's extract each bullet:
- Leads deal analytics, performance reporting, and cross-functional project initiatives.
- Builds and owns financial models to measure unit economics and deal-level returns, monitoring to stay on top of performance trends.
- Defines segmentation specific to each Flow Lending partner to drive deeper understanding of profitability dynamics and feeding insights back into the strategy.
- Monitors and analyzes performance trends, identifying areas for improvement and providing actionable insights that support strategic decision-making.
- Works closely with finance, strategy, compliance and senior management to align analytical efforts with business objectives and strategic goals.
- Evaluates new Flow Lending opportunities as they arise, analyzing loan tapes, understanding the partner’s strengths and weaknesses, and forming a point of view on the potential for the partnership.
- Engages with Flow Lending partners to drive actions that lead to better outcomes for both sides of the partnership.
- Analyzes credit policies such as approve/decline criteria, loan amounts, and pricing.
- Prepares and presents detailed analysis and reports to senior management, highlighting key findings, trends, and implications for strategic decision-making.
Compliance with Laws and Regulations: three bullet points:
- Responsible for complying with all of the Bank’s internal control policies and procedures.
- Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
- Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.
Additional Responsibilities:
- Perform other duties as assigned by senior management.
- Maintain ethical standards, judgment, and confidentiality in all matters.
Education And Experience:
- Bachelor's degree in a quantitative field (e.g., Business, Economics, Finance, Statistics, Engineering, Math, or Sciences) is required.
- Five (5) years of experience using data-driven analysis to inform business or product strategy.
Summary Of Qualifications: list:
- Excellent analytical and problem-solving skills, with the ability to interpret complex data and provide actionable insights.
- Strong communication skills.
- Proficiency with SQL or a scripting language (e.g., Python, R).
- Comfort working hands-on with large analytical datasets to perform complex analyses.
- Proficiency with Microsoft Office tools such as Excel and PowerPoint.
- Proven ability to work within cross-functional teams.
- Previous experience in consumer financial services or fintech industries, particularly with lending products.
- Experience with credit policy and/or pricing strategies.
- Ability to work through unconventional problems to identify issues and provide resolutions.
- Strong business acumen and strategic thinking abilities, with a focus on driving results and optimizing performance.
Why join us: paragraph:
- "We believe in putting people first by supporting our customers, employees and our partners while creating opportunities for everyone to reach their potential. From fostering work-life balance to rewarding good work and innovative ideas, we invest in what matters most, our people. At Merrick Bank, you’ll be part of a collaborative, customer-focused team where you can grow your career while making a meaningful impact."
Our Employee Value Proposition: list:
- Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
- Benefits Package -Medical, Dental, and Vision (plus much more)
- 401(k) Plan with Company Match
- Short- & Long-Term Disability
- Wellness Programs
- Group Life and AD&D Insurance
- Paid Vacation, Sick Days and bank Holidays
- Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition
- We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite.
- Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location.
We should not include EEO boilerplate after that.
Now we need to map to headings.
We can have:
About the role
(maybe combine Who We Are, What We Do, Position Summary? Actually About the role could be Position Summary. But we also have Who We Are and What We Do which are about the company. Could be separate sections like "About Merrick Bank" but not in list. The instruction says use those headings as examples, not strictly limited. But to be safe, we can create sections: About the role (Position Summary), Responsibilities (Essential Functions + Additional Responsibilities), Requirements (Education And Experience), Qualifications (Summary Of Qualifications), Benefits (Employee Value Proposition), Pay (Competitive Pay etc). We might also include a section "About the company" but not required. However we need to preserve all substantive information, so we need to include Who We Are and What We Do somewhere. Could put them under a section "About Merrick Bank" but not in the prescribed headings. The instruction says "use for section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." It doesn't forbid other headings, but suggests using those. I'd include a section "About Merrick Bank" as About Merrick Bank
maybe okay. But to be safe, we could incorporate Who We Are and What Do into "About the role" or maybe a preceding paragraph before headings. The intro paragraph "Join our team..." could be a
before any heading.
Thus structure:
Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day.
About Merrick Bank
Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide.
We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses. Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.
About the role
The Manager, Flow Lending supports the development of the strategy and execution of all Flow Lending partnerships for Merrick Bank. This position supports Merrick Bank’s efforts to drive financial performance and overall success of the Flow Lending business, including assessing new partnerships for fit by both the desired return profile and the Merrick Bank’s strategic aims. The Manager for Flow Lending will contribute to driving growth and improving risk-adjusted returns for the Flow Lending business. Merrick’s Flow Lending business purchases consumer loan assets from third party lenders and develops direct lending programs in partnership with third party lenders. This role will support improvements across credit strategy, pricing, program valuations, and growth opportunities.
Responsibilities
- Leads deal analytics, performance reporting, and cross-functional project initiatives.
- Builds and owns financial models to measure unit economics and deal-level returns, monitoring to stay on top of performance trends.
- Defines segmentation specific to each Flow Lending partner to drive deeper understanding of profitability dynamics and feeding insights back into the strategy.
- Monitors and analyzes performance trends, identifying areas for improvement and providing actionable insights that support strategic decision-making.
- Works closely with finance, strategy, compliance and senior management to align analytical efforts with business objectives and strategic goals.
- Evaluates new Flow Lending opportunities as they arise, analyzing loan tapes, understanding the partner’s strengths and weaknesses, and forming a point of view on the potential for the
- . The essential functions paragraph includes many sentences separated by periods. We can split into list items.
Let's extract each bullet:
- Leads deal analytics, performance reporting, and cross-functional project initiatives.
- Builds and owns financial models to measure unit economics and deal-level returns, monitoring to stay on top of performance trends.
- Defines segmentation specific to each Flow Lending partner to drive deeper understanding of profitability dynamics and feeding insights back into the strategy.
- Monitors and analyzes performance trends, identifying areas for improvement and providing actionable insights that support strategic decision-making.
- Works closely with finance, strategy, compliance and senior management to align analytical efforts with business objectives and strategic goals.
- Evaluates new Flow Lending opportunities as they arise, analyzing loan tapes, understanding the partner’s strengths and weaknesses, and forming a point of view on the potential for the partnership.
- Engages with Flow Lending partners to drive actions that lead to better outcomes for both sides of the partnership.
- Analyzes credit policies such as approve/decline criteria, loan amounts, and pricing.
- Prepares and presents detailed analysis and reports to senior management, highlighting key findings, trends, and implications for strategic decision-making.
Compliance with Laws and Regulations: three bullet points:
- Responsible for complying with all of the Bank’s internal control policies and procedures.
- Responsible for understanding and complying with all laws and regulations to which the Bank is subject.
- Responsible for communicating problems in operations, noncompliance with the code of conduct, noncompliance with laws and regulations, policy violations, or illegal acts.
Additional Responsibilities:
- Perform other duties as assigned by senior management.
- Maintain ethical standards, judgment, and confidentiality in all matters.
Education And Experience:
- Bachelor's degree in a quantitative field (e.g., Business, Economics, Finance, Statistics, Engineering, Math, or Sciences) is required.
- Five (5) years of experience using data-driven analysis to inform business or product strategy.
Summary Of Qualifications: list:
- Excellent analytical and problem-solving skills, with the ability to interpret complex data and provide actionable insights.
- Strong communication skills.
- Proficiency with SQL or a scripting language (e.g., Python, R).
- Comfort working hands-on with large analytical datasets to perform complex analyses.
- Proficiency with Microsoft Office tools such as Excel and PowerPoint.
- Proven ability to work within cross-functional teams.
- Previous experience in consumer financial services or fintech industries, particularly with lending products.
- Experience with credit policy and/or pricing strategies.
- Ability to work through unconventional problems to identify issues and provide resolutions.
- Strong business acumen and strategic thinking abilities, with a focus on driving results and optimizing performance.
Why join us: paragraph:
- "We believe in putting people first by supporting our customers, employees and our partners while creating opportunities for everyone to reach their potential. From fostering work-life balance to rewarding good work and innovative ideas, we invest in what matters most, our people. At Merrick Bank, you’ll be part of a collaborative, customer-focused team where you can grow your career while making a meaningful impact."
Our Employee Value Proposition: list:
- Competitive Pay, including a Bonus Target or Variable Pay Incentive Program
- Benefits Package -Medical, Dental, and Vision (plus much more)
- 401(k) Plan with Company Match
- Short- & Long-Term Disability
- Wellness Programs
- Group Life and AD&D Insurance
- Paid Vacation, Sick Days and bank Holidays
- Employee Engagement Activities including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, Service Recognition
- We offer a total rewards package comprised of a competitive base rate of pay, variable pay incentive programs based on the role, and a comprehensive benefit suite.
- Offered rates of pay are determined based on job-related knowledge, relevant experience, skills, certifications, and geographic location.
We should not include EEO boilerplate after that.
Now we need to map to headings.
We can have:
About the role
(maybe combine Who We Are, What We Do, Position Summary? Actually About the role could be Position Summary. But we also have Who We Are and What We Do which are about the company. Could be separate sections like "About Merrick Bank" but not in list. The instruction says use those headings as examples, not strictly limited. But to be safe, we can create sections: About the role (Position Summary), Responsibilities (Essential Functions + Additional Responsibilities), Requirements (Education And Experience), Qualifications (Summary Of Qualifications), Benefits (Employee Value Proposition), Pay (Competitive Pay etc). We might also include a section "About the company" but not required. However we need to preserve all substantive information, so we need to include Who We Are and What We Do somewhere. Could put them under a section "About Merrick Bank" but not in the prescribed headings. The instruction says "usefor section headings (e.g. About the role, Responsibilities, Requirements, Qualifications, Skills, Benefits, Pay, Schedule)." It doesn't forbid other headings, but suggests using those. I'd include a section "About Merrick Bank" as
About Merrick Bank
maybe okay. But to be safe, we could incorporate Who We Are and What Do into "About the role" or maybe a preceding paragraph before headings. The intro paragraph "Join our team..." could be abefore any heading. Thus structure:
Join our team and build your career with momentum as we champion your growth, elevate your ideas and engage you in purpose-driven work that makes a real difference every day.
About Merrick Bank
Founded in 1997, Merrick Bank is an FDIC®-insured financial institution headquartered in South Jordan, Utah, with over $10 billion in assets. A wholly owned subsidiary of CardWorks Financial Group, Merrick Bank serves roughly five million cardmembers and more than 100,000 merchant customers nationwide.
We provide credit cards, recreational loans, deposit accounts, merchant services and bank sponsorships to consumers and businesses. As a leader in non-prime lending and merchant acquiring, we combine innovative technology with data-driven insights to help underserved consumers build and strengthen credit while delivering integrated, scalable payment solutions for businesses. Merrick Bank ranks among the top 20 FDIC®-insured credit card issuers in the U.S. and among the top 15 merchant acquirers by transaction volume.
About the role
The Manager, Flow Lending supports the development of the strategy and execution of all Flow Lending partnerships for Merrick Bank. This position supports Merrick Bank’s efforts to drive financial performance and overall success of the Flow Lending business, including assessing new partnerships for fit by both the desired return profile and the Merrick Bank’s strategic aims. The Manager for Flow Lending will contribute to driving growth and improving risk-adjusted returns for the Flow Lending business. Merrick’s Flow Lending business purchases consumer loan assets from third party lenders and develops direct lending programs in partnership with third party lenders. This role will support improvements across credit strategy, pricing, program valuations, and growth opportunities.
Responsibilities
- Leads deal analytics, performance reporting, and cross-functional project initiatives.
- Builds and owns financial models to measure unit economics and deal-level returns, monitoring to stay on top of performance trends.
- Defines segmentation specific to each Flow Lending partner to drive deeper understanding of profitability dynamics and feeding insights back into the strategy.
- Monitors and analyzes performance trends, identifying areas for improvement and providing actionable insights that support strategic decision-making.
- Works closely with finance, strategy, compliance and senior management to align analytical efforts with business objectives and strategic goals.
- Evaluates new Flow Lending opportunities as they arise, analyzing loan tapes, understanding the partner’s strengths and weaknesses, and forming a point of view on the potential for the