Manager, Flow Lending

Merrick Bank; South Jordan (UT); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Bonus target

Medical, Dental, Vision

401(k) match

Disability insurance

Wellness programs

Life and AD&D

Paid vacation & holidays

Job summary

Merrick Bank, a South Jordan, Utah-based FDIC-insured financial institution, is seeking a Manager, Flow Lending to drive strategy and execution for Flow Lending partnerships. The role focuses on improving risk-adjusted returns, pricing, and program growth through data-driven insights.

You will build financial models, assess new opportunities, and collaborate with finance, strategy, and operations teams to optimize performance across partner programs.

Qualifications

• Bachelor’s degree in a quantitative field is required.
• Five years of data-driven analysis experience.
• Proficiency with SQL or scripting languages (e.g., Python, R).

Responsibilities

• Leads deal analytics, performance reporting, and cross-functional initiatives.
• Builds and owns financial models to measure unit economics and returns.
• Defines segmentation for each Flow Lending partner to drive profitability insights.
• Monitors performance trends and provides actionable insights for strategy.
• Collaborates with finance, strategy, compliance and senior management to align analytics with goals.
• Evaluates Flow Lending opportunities by analyzing loan tapes and partner strengths/weaknesses.
• Engages with Flow Lending partners to drive better outcomes for both sides.
• Analyzes credit policies, pricing, and program performance; prepares reports for senior management.

Skills

SQL

Python

R

Education

Bachelor’s degree in a quantitative field

Five years of data-driven analysis experience

Job description

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

Core Strategy, Deal Valuations, Performance Reporting, and Program Management

• 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

• 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

• 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

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

• 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 are proud to be an equal opportunity employer. All qualified applicants will receive consideration without regard to age, race, color, sex, or gender identity/expression (including pregnancy, childbirth, transgender status, or sexual orientation), religion or creed, ancestry, citizenship, national origin, disability, military or veteran status, marital status, genetic information, or any other characteristic protected by applicable law.

We do not tolerate discrimination, harassment, or retaliation. Employment decisions are based solely on qualifications, merit, and business needs. Everyone is welcome here, and we hire based on your ability to do the job, not any protected characteristics.

If you need help or reasonable accommodation during the application or hiring process, please let your TA Partner know.