VP, Credit Risk Analyst - Credit Card(Remote)

SUMMARY:

The Credit Risk Analyst will be responsible for supporting the development and management of the Credit Risk Strategies for the Credit Card product. Under the supervision of the Credit Risk Manager, the Risk Analyst will assist in building, managing, and implementing credit strategies – including onboarding, verification, pricing, and credit assignment, as well as test strategies across various marketing channels and credit purposes. The Credit Risk Analyst will work closely with cross-functional partners across Marketing, Product, Technology, and Operations to shape and contribute to growth initiatives. In addition, the Risk Analyst will assist with ensuring internal controls documentation is maintained completely and accurately. The Risk Analyst must use domain knowledge and data-driven recommendations to drive risk-controlled growth for the organization.

PRINCIPAL DUTIES & RESPONSIBILITIES:

• Develop data-driven credit underwriting strategies using a variety of traditional and alternate data sources.
• Manage credit strategy enhancements within the area of responsibility and make compelling recommendations based on sound credit risk management principles, cost-benefit analysis, and customer experience.
• Develop policy and procedures for credit strategy execution, including monitoring and controls to ensure intended execution of credit strategies.
• Partner with Marketing, Product, Operations, and Technology teams to ensure smooth execution and all key control requirements are met.
• Develop credit strategies to support partner initiatives, including changes to product strategy, marketing channels, and partnership opportunities.
• Partner with the data science team to explore new approaches, tools, and data sources to support improvements to credit strategies.
• Develop necessary monitoring and analytical reports to track credit risk KRIs and present insights to senior management.
• Develop a robust testing agenda to optimize and expand the business.
• Ensure robust loss forecasting and that all credit strategy work aligns with the firm's credit risk appetite.
• Ensure compliance with policies and requirements for all assigned responsibilities.

POSITION SPECIFICIATIONS:

• Bachelor’s degree or equivalent in quantitative fields.
• 7-10 years of prior experience in consumer credit risk or similar quantitative role, preferably in credit card lending.
• Proficient in Python, SQL, R for extracting data from large datasets and statistical analyses.
• Advanced skills in Microsoft Office, specifically Excel, PowerPoint, and Word.
• Experience with BI tools (e.g., Tableau, Looker) for report development.
• Knowledge of credit bureau data, risk models, and free cash flow calculations.
• Excellent analytical and problem-solving skills and ability to make sound and rational decisions with limited supervision.
• Exceptional verbal and written communication skills, ability to communicate effectively with senior leaders.
• Team player, serve as subject matter expert and provide guidance to peers within business units.
• Experience with credit card products is required.