Overview
The Director of Credit Risk is responsible for developing, maintaining, and monitoring credit risk strategies for unsecured installment loans. This role combines strong analytical skills with business knowledge of unsecured loan products and requires clear communication of complex topics. The position involves advancing projects through compliance and business reviews, managing user acceptance testing (UAT), and creatively solving problems to balance risk management with partner and customer experience.
This is an individual contributor role based in Omaha, NE.
Responsibilities
- Manage the unsecured loans business within the approved risk appetite
- Develop, obtain approval for, implement, and manage credit strategies for unsecured installment loan products
- Independently evaluate and analyze ongoing portfolio and partner performance, identify root causes of performance issues, and manage improvements or maximization efforts
- Communicate complex analyses and strategy recommendations clearly
- Collaborate with cross-functional stakeholders to advance the unsecured installment loan business
- Work closely with Product, Technology, and Business teams to ensure credit strategies meet quality and compliance standards
- Maintain a holistic understanding of how partner, product, term, and channel impact expected credit performance
- Support internal and external audits by maintaining thorough documentation
Requirements
- Bachelor’s degree in Statistics, Data Science, Mathematics, Finance, Business, or a related field; advanced degree preferred
- Minimum 8 years of experience in credit analytics, risk management, or a related field
- At least 3 years of experience with analytical tools such as SQL and Python
- Demonstrated expertise in understanding and developing credit strategies
- Strong knowledge of industry regulations and compliance requirements
- Exceptional communication and leadership skills with the ability to influence stakeholders at all levels
- Ability to resolve highly complex or unusual business problems
- Proven track record of sound decision-making practices
- Experience managing competing and complex priorities in fast-paced environments
Compensation & Benefits
- Base salary range: $97,774 to $166,216 (starting pay within this range may vary based on experience, education, and skill level)
- Medical, dental, and vision insurance
- 401(k) plan with matching contributions
- Paid time off programs
- Health Savings Account (HSA) and dependent care options
- Employee banking services
- Growth and tuition assistance opportunities
- Short-term and long-term disability insurance
Work Environment
This role is primarily remote, allowing flexibility to work from various locations while remaining fully integrated with the team through digital collaboration tools and regular communication. Occasional travel may be required for in-person meetings. Work location is subject to change based on business needs.
Location
Omaha, Nebraska (remote work option available within specified states)
Equal Opportunity
The employer is committed to fostering a workplace culture where employees of all backgrounds feel valued and empowered. Employment decisions are made without regard to status or identity. The organization is an equal opportunity employer and complies with federal laws regarding employment practices.