By OnDeck Team
April 19, 2013
1. Explain what you do in your role with On Deck.
NP: I develop and implement various lending policies and credit models that help On Deck provide small businesses with access to capital in an efficient and intelligent manner.
AD: I develop innovative ways to improve our credit policy so we can extend loan offers to more business owners. This includes assessing portfolio performance, looking at new data sources, building statistical models and sharing the analysis with the management team and our investors.
2. Why did you decide to join On Deck?
NP: When I was interviewing, the team promised me one thing above all else: if I had a good idea and I was enthusiastic about it, I wouldn’t get caught up in bureaucracy trying to make it happen. Happily, On Deck has not broken its promise.
AD: I wanted a chance to develop my analytical and coding skills while still working in a field where I’d be able to apply my field of study (economics and mathematics). This and the welcoming, positive environment I experienced during my interview is what made working at On Deck so appealing.
3. In your opinion, what is the best part about working at On Deck?
NP: While all finance shops are innovating in terms of their credit analytics, the inertia of old and proven methods make it harder for change to actually happen. Nothing could be further from the truth here at On Deck. The fact that we are a young company working in a rapidly evolving sector of lending means we are constantly discovering and utilizing new ways of doing business.
AD: Hard work pays off! Everyone is extremely receptive to new ideas and positive contributions never go unrecognized.
4. What advice would you give to someone looking to join the company?
NP: I would tell someone to really think about the needs and challenges of a small business you are familiar with. Looking at our loan products through our customers’ eyes is integral to what we do and that understanding will help you flourish at On Deck.
AD: If you’re looking to solve challenging problems alongside some really smart and creative people, then this is the place to be. Everyone here is truly dedicated to what they do, and working in an environment like this will inspire you to work harder and improve every single day.
5. What would someone be surprised to know about On Deck?
NP: The number of meetings we have is quite limited. Most of our conversations are informal and impromptu.
AD: We are very customer-oriented! Whether it be creating a new product, credit policy, or developing any new initiative, customer experience is always at the forefront of our decision-making.
Do You Classify Employees as Contractors? You May Need to Stop
Kimberly Solarz | September 15, 2014
6 Things You Need to Know About the ACA Fees
Ty Kiisel | November 25, 2014
What To Do Before Closing Your Seasonal Business for the Year
Ty Kiisel | September 4, 2015
Cash Flow Problems? Here’s What You Need to Know
Ty Kiisel | September 21, 2015
Should I Apply for a Business Credit Card, Line of Credit, or a Business Loan?
Ty Kiisel | September 28, 2015
How A Breast Cancer Survivor Built her Business to Fill a Gap in the Market
Ariele Krantzow | May 16, 2017
How Hiring From Inside Your Friend Circle Can Help or Hinder Your Business
Olivia Pawlowski | May 11, 2017
Actionable Tips for Restaurant Social Media Marketing
Guest Post | May 9, 2017
Have an Online Business? Don’t Forget Your Brick and Mortar Customers
Olivia Pawlowski | May 2, 2017
3 Ways to Motivate Employees and Earn Their Loyalty
Olivia Pawlowski | April 27, 2017