Senior Business Systems Analyst

Job Description

Job Description

About defi SOLUTIONS:

It’s an exciting time to join defi!

defi SOLUTIONS is a pioneer in end-to-end, SaaS loan originations, servicing, and managed servicing solutions. Our customers include the highest-volume captive auto lenders, banks, credit unions, and finance companies in North America. We have more than three decades of experience helping lenders reduce time-to-market, streamline operations, and customize lending processes with proven, scalable performance. Learn more at defisolutions.com and follow us on LinkedIn.

About the Role: 

The Business Systems Analyst serves as a subject matter expert to define both business and software solutions to meet the needs of our Clients and Internal Product Managers. This role focuses on projects that pertain to the underwriting related functionality of the Loan Originations System product. The role includes many diverse responsibilities ranging from initial analysis of both External and Internal Client needs through the delivery of the software solution. The Business Analyst is responsible for capturing project requirements, designing comprehensive solutions and ensuring that the end deliverables satisfy the Client’s objectives and expectations.

The Business Analyst works closely with other members of the project team to include supporting the Development and Quality Assurance Teams inclusive of supporting activities through the deployment of the project. The Business Analyst also works closely with the Client to provide education as it relates to the Lease and Loan underwriting transactions.  The ideal candidate for this role is someone who can apply their direct and indirect lending skills as it relates to the Loan Origination System.

The Business Analyst should have strong experience in direct lending, indirect auto finance, and auto leasing to support the evolution of our Loan Origination System (LOS). The platform currently supports indirect auto lending and leasing, and we are expanding its capabilities to include a full suite of direct lending and leasing products, such as:

• Auto Loans
• Auto Leases
• Unsecured Loans
• Debt Consolidation
• Pledged Collateral
• Credit Cards
• Career Loans

The ideal candidate will have a background in loan underwriting or have managed underwriting operations at a credit union or financial institution. Experience working with loan origination software and collaborating with software development teams is highly desirable.

  Essential Job Responsibilities:

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

• Lead business analysis for the expansion of our loan origination platform to support direct lending products.
• Collaborate with internal teams and clients to define and document business requirements, workflows, and functional specifications.
• Provide consulting on accounting-related functionality, including General Ledger Hierarchy and transactions from originations through recovery.
• Apply knowledge of US GAAP, FASB, and Federal Reserve System standards related to consumer lending and leasing.
• Analyze and document financial calculations including lease/loan payments, future/present value, and APR.
• Conduct gap analysis between current indirect lending capabilities and required direct lending features.
• Partner with software engineers, QA, and implementation teams to ensure accurate development and testing of new features.
• Participate in test plan reviews and support validation of business requirements.
• Provide demos and training to internal teams and clients on new functionality.
• Recommend process improvements and assist in root cause analysis for product enhancements.
• Utilize data and systems to support business goals through analysis and research.

Required Qualifications:

• 5+ years of experience in indirect/direct lending, underwriting, or financial services.
• Strong understanding of consumer lending products and underwriting processes.
• Excellent communication and client-facing skills.

Preferred Qualifications

• Bachelor’s degree in Accounting, Finance, Business, or related field.
• Experience in auto finance and loan origination systems.
• Experience writing business and functional requirements.
• Background in underwriting or managing underwriting operations.
• SQL knowledge.
• Familiarity with Agile methodology.
• Experience working with software development teams.

Travel Required:

• Less than 10%

Affirmative Action/EEO statement:

defi SOLUTIONS is an Equal Opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.