Credit Card Risk Analyst Jobs (NOW HIRING)

Responsibilities

Manage and grow a team with strong analytical and credit strategy development capability, focusing on credit risk and portfolio/account level profitability, as well as optimizing marketing effectiveness.

• Lead team to develop and manage new origination automated/judgmental credit strategies as well as account management credit policies, from approve/decline, line assignment and portfolio risk management.
• Responsible for defining Credit Card strategy risk tolerance limits and decisioning constraints in collaboration with second line Credit Risk Management.
• Lead team to develop and maintain cash flow/NPV valuation tool for acquisition and account management programs to enable decisioning optimization.
• Derive and refine risk segmentation and loss expectations / risk premium.
• Ground and extrapolate economics inputs, assumptions, and curve shape.
• Evaluate, recommend, and operate valuation platform.
• Automate sensitivity and gaming functionalities.
• Develop standardized metrics and reporting around NPV valuation, monitoring, and platform/tool assessment/refinement.
• Working with finance to govern the NPV development, review and decision-making process.
• Lead team to develop / refine Credit Card initial line assignment strategy:
• Evaluate and recommend segmentation schemes, such as Risk, Channel, Product, Channel and Ability to Pay.
• Derive recommended initial credit limit based on cash flow valuation model economics projections and decision constraints. Benchmark against industry.
• Ground sensitivities on assumption for line assignments and testing agenda for continuous optimization.
• Develop and test on graduation / line increase strategy (with control and assumptions needed for the program to be effective)
• Lead team to develop credit strategies tailored to acquisition channel and product type to support business growth. Partner with business segment product owners to optimize acquisition targeting/marketing campaigns that align with credit policies.
• Lead team to monitor credit quality, risk performance, and economics of Credit Card & Overdraft portfolio on the ongoing basis to prevent or mitigate consumer loan losses.
• Program deep dive and credit policy change monitoring to drive credit policy optimization and risk mitigation strategies.
• Monitoring and analysis of credit risk for both organic and acquired portfolio, prepare materials for regular Business Review and Credit Risk Committee presentation.
• Provide risk analytics to support credit expansion by overseeing credit aspects of onboarding of acquired portfolios and product launch.
• Function as a strategic and trusted partner with Product Team as they evaluate new asset classes/products.
• Identify required data and work with data stewards to understand data source, ensure data quality and retrieve data on a timely basis. Contribute to credit data mart and corporate database designs.

Qualifications:

Bachelor’s degree in business, Economics, Quantitative Discipline or Equivalent, Finance is required. MBA or master’s degree in the related field is highly preferred.

• 12+ years’ experience in credit strategy, credit policy & analysis or credit risk management in the financial services industry. Experience in Consumer Lending products preferably Credit Card.
• Minimum of 5+ years of direct management experience.
• Ability to interact effectively with a variety of partner teams within and outside Consumer Banking in a collaborative environment. Ability to influence and build consensus with 2nd line Credit Risk on credit decisions.
• Detail-oriented, results-driven, and ability to navigate in a quickly changing and high demand environment to develop solutions while balancing multiple priorities.
• Demonstrate strong integrative thinking, problem-solving and high degree of proficiency in synthesizing and communicating data from a variety of disciplines.
• Excellent written, verbal communication and presentation skills. Ability to explain complex topics and technical details in succinct storytelling to a wide variety of audiences.
• Self-motivated and strong people skills to actively lead and implement ideas in a cross-functional team environment.
• Proven project management skills, ability to manage multiple projects. Ability to manage multiple projects simultaneously and adapt to rapid changes in priority.
• Strong skills in various data analysis and visualization tools including PowerPoint, Excel, Tableau and SQL are required.
• Experience using A.I. tools preferred.