Overview
This role involves leading credit risk strategy development for card, consumer, and deposits credit portfolios to support profitable growth within risk appetite. You will own operational and compliance risk inherent in credit strategy, and track/monitor credit strategy performance and external factors impacting credit risk exposure across bank portfolio products within the risk taxonomy.
Quantitative methods will be used to identify credit risk, develop and deliver credit strategies, and monitor credit performance for consumer credit portfolios. You will lead mitigation of operational and compliance risk embedded in credit strategy and ensure risks are identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
Responsibilities
- Leverage, apply, and share industry leading practices and analytical skills to identify risks and opportunities within the managed portfolio and translate results into strategic solutions through credit risk strategy delivery.
- Lead analyses to identify root causes and develop clear recommendations that support credit risk strategy development and influence senior decision makers.
- Lead and partner to deliver bank credit risk strategies across lines of defense by developing/improving complex analytical frameworks, analyzing data and processes, and communicating insights/recommendations to stakeholders and senior leadership.
- Analyze internal and external scores/data for use in identifying first party fraud.
- Use industry knowledge and competitive benchmarking to inform and influence credit strategy development.
- Identify the need for and lead development of advanced quantitative analysis using internal and external data sources to structure ambiguous or challenging problems.
- Develop, manage, and present comprehensive risk and financial reporting to support senior management and committee oversight of existing and emerging risks; escalate credit performance quality and direction to appropriate management levels.
- Lead the design and execution of complex financial risk sensitivity analysis.
- Create and manage credit strategy infrastructure and ensure strategies are implemented as intended.
- Apply expert programming and analytical techniques to analyze credit data.
- Provide thought leadership, coaching, and mentoring to team members on analytics and risk management; guide teams in development and implementation of key initiatives.
- Coach and mentor analysts to translate analytically derived insights into strategic plans with significant impact to business results.
- Lead, and potentially own, quantitative models—driving accountability for quantitative model requirement definition and/or implementation of advanced credit and/or financial modeling infrastructure.
- Ensure risks associated with business activities are effectively identified, measured, monitored, and controlled in accordance with risk and compliance policies and procedures.
Requirements
- Bachelor's degree; OR 4 years of relevant education and/or experience.
- 8 years of experience in an analytical field or experience leading analytical projects, advanced analytics, and risk assessments; or leading analysis/interpretation of complex bank credit risk data aligned to team strategy.
- OR an advanced degree in Business Management, Finance, Economics, Engineering, or in a Mathematical discipline and 6 years of experience in an analytical field or experience leading analytical projects, advanced analytics, and risk assessments; or leading analysis/interpretation of complex bank credit risk data aligned to team strategy.
- Strong understanding of banking regulations and risk and/or compliance.
- Advanced presentation and communication skills.
- Advanced business acumen and attention to detail and accuracy.
- Advanced research and investigation skills and demonstrated good judgment in problem solving.
- Experience influencing cross-functional stakeholders to action by communicating complex analytical insights and risk-mitigating solutions.
- Experience developing and improving a variety of risk-related reporting.
- Experience coaching and guiding peers on analytics and/or risk management.
- Advanced knowledge of Microsoft Office products, particularly Excel, Word, and PowerPoint.
- Advanced knowledge of data analysis tools, including skills to develop analysis queries and procedures in SQL, SAS, or other business intelligence and analysis software applications for data segmentation, aggregation, and statistics (e.g., SPS or Visual Basic).
- Knowledge of federal laws, rules, regulations, and applicable guidance, including: FCRA, Reg B, UDAAP/UDAP, OCC Heightened Standards, OCC CREDIT RISK GUIDANCE.
Preferred Qualifications
- Proven ability to develop and communicate data-driven credit strategy recommendations and complex analytical findings to senior leadership and diverse stakeholders, including Credit Risk, Pricing, Product, Legal, Compliance, Underwriting, and Operations.
- Extensive experience translating internal and external industry data into actionable credit and business insights.
- Demonstrated expertise designing and executing credit strategy experiments (e.g., A/B testing, champion/challenger frameworks, and other causal evaluation methodologies), evaluating outcomes, and continuously optimizing the risk-reward framework.
- 6+ years of experience leveraging SAS, SQL, and other analytical programming languages such as Python to extract, transform, and analyze large-scale datasets (including integrating data across multiple sources, managing varying levels of granularity, resolving data quality issues, and performing advanced joins).
- Proven experience utilizing AI and LLM-based tools (e.g., GPT-powered copilots and similar technologies) to enhance coding productivity, accelerate analytical workflows, and develop intelligent agents/automation supporting risk assessment and strategic decision-making.
- Strong track record of identifying and addressing emerging or ambiguous risk challenges with limited historical precedent, including evaluating credit impacts driven by macroeconomic conditions and policy developments such as inflationary pressures, changes in student loan repayment and collection programs, and shifts in federal government employment.
- Demonstrated leadership in managing portfolio-level credit performance, proactively identifying risk and growth opportunities, and influencing strategy through partnership with senior leaders.
- Proven experience owning end-to-end credit strategy development, implementation, monitoring, and performance optimization across key customer segments and lending products.
- Demonstrated ability to lead, mentor, and develop junior analysts while driving analytical excellence and elevating team capabilities across complex credit initiatives.
- Demonstrated ability to independently lead multiple high-priority initiatives simultaneously, navigate ambiguity, and deliver high-quality recommendations with limited direction.
Compensation & Benefits
- Compensation range: $164,780 - $314,960.
- Compensation is determined within the salary range based on experience and market data; the actual salary may vary by location.
- Employees may be eligible for pay incentives based on overall corporate and individual performance and at the discretion of the organization’s Board of Directors.
- Benefits may include: comprehensive medical, dental, and vision plans; 401(k); pension; life insurance; parental benefits; adoption assistance; paid time off program with paid holidays plus 16 paid volunteer hours; and various wellness programs.
- Career path planning and continuing education support are included.
Location
Remote eligible in the continental U.S. with occasional business travel.
Individuals residing within a 60-mile radius of an office are expected to work on-site four days per week.
Additional Information
- Visa sponsorship is not provided for this role.
- Applications are accepted on an ongoing basis; the posting remains open until the position is filled.
- Equal opportunity employer; all qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.