Overview
A leading consumer credit lender with over 50 years of experience in providing credit solutions across the U.S. and Canada is seeking a Risk Analyst to join their dynamic Risk Department. This role involves developing underwriting strategies, deploying new technologies for portfolio growth management, and collaborating with cross-functional teams to enhance credit risk management.
Responsibilities
- Develop underwriting strategies for assigned loan portfolios to improve performance metrics such as reduced defaults and increased receivables or revenue
- Collaborate with the Modeling/Scoring team to implement risk strategies based on new models
- Create dashboards to monitor and analyze portfolio and segment-level performance, including the effectiveness of implemented strategies
- Build and automate complex database queries and generate dynamic reports to enhance credit risk insights
- Investigate data environment issues and prioritize key reporting and analytical tasks
- Coach and mentor other analysts, acting as a thought leader within the analyst community
- Work closely with internal teams to develop risk policies and provide actionable insights and recommendations
- Gain familiarity with assigned markets and products to tailor underwriting strategies to business goals
- Manage multiple projects and timelines effectively
Requirements
- Bachelor’s or Master’s degree in a quantitative discipline such as Statistics, Mathematics, Quantitative Social Science, Operations Management, or Finance, or equivalent work experience
- Minimum of 4 years of experience in credit risk or related analytical roles, preferably within financial services focusing on consumer lending risk management/scoring
- Familiarity with credit bureau data and third-party data providers
- Strong analytical skills with the ability to use data to identify improvements, solve problems, and communicate findings effectively
- Excellent organizational and verbal/written communication skills
- Exceptional problem-solving abilities and capability to work independently and collaboratively
- High proficiency in SQL, Snowflake, or SAS
- Knowledge of Python or R is a plus
- Experience with A/B testing and data visualization tools such as Sigma or Tableau is a plus
- Understanding of statistical modeling techniques
Compensation & Benefits
- Base salary range: $85,000 - $120,000 USD (actual salary will depend on location, skills, experience, and other factors)
- Flexible Paid Time Off Program
- Medical, Dental, Vision, Life Insurance, Disability, and other voluntary coverages starting on day one
- 401(k) program with company match, eligible starting the first of the month following 30 days of employment
Location
- U.S. and Canada (specific location details not provided)
Additional Information
- The employer participates in E-Verify for U.S.-based hires
- Equal Employment Opportunity employer committed to non-discrimination and reasonable accommodation for qualified individuals with disabilities
- Applicants should be cautious of fraudulent communications; official emails will end with the company’s authorized domains