The Company:

Become a member of a fast-growing, mission-focused company that is committed to aid in meeting the financial needs of middle-class Americans. With a culture of collaboration and a one-team mindset, they encourage entrepreneurial thinking to empower their customers toward financial well-being.

The company’s technology enables bank, retail, and healthcare partners to offer more inclusive financial services to everyday Americans through the use of proprietary analytics. They apply the experience gained and infrastructure built from servicing over 20 million customers and over $40 billion in consumer loans over more than 25 years of operating history to support lenders that originate a range of consumer loan products. These products include retail and healthcare, private label credit and general-purpose credit cards marketed through our omnichannel platform, including retail point-of-sale, healthcare point-of-care, direct mail solicitation, digital marketing, and partnerships with third parties.

Work Culture:

A collaborative, innovative environment where everyone contributes to building something meaningful. You’ll be empowered to lead, grow, and make an impact.

The Role

What a day looks like:

The VP, Credit Risk is responsible for delivering strategies that drive product growth and optimization for the private label retail business. You will own and manage credit risk strategies including population segmentation, the evaluation of new data sources, and product/price optimization across the credit spectrum. In addition, you will optimize strategies, new and existing, to drive new account originations and deliver incremental profit. The candidate should be able to apply knowledge of credit strategy as well as communicate complex topics to colleagues, management, and other stakeholders within the company.

Evaluate new data and partner data sources for underwriting and line assignment strategies using statistical analysis techniques such as CHAID Decision Trees, optimization procedures, loss forecasting, enhanced process monitoring, data quality analyses, and incorporate score implementations supporting launch

Develop and monitor customized manual underwriting process

Work with Segment / Strategic Analytics / Decision Science staff to ensure project completion within agreed time frames and end-client satisfaction

Analyze, validate, track, and monitor delivered projects

Interact with Business Development and/or Client Management to discuss new opportunities and/or changes to client portfolio

Primary Responsibilities:

Deliver profitable growth through the development of new strategies and the optimization of existing strategies through the assessment of credit risk and P&L drivers

Develop and maintain Key Performance Indicators (KPI)

Develop strategies focusing on growth, profitability, and competitive success while catering to needs of the consumer

Applies knowledge of credit card regulations in the development, implementation, and monitoring of credit strategies

Perform ad-hoc and recurrent credit risk analytical work

Collaborate and partner across the business (Risk, Marketing, Business Development to drive highly visible and impactful projects

Communicate strategies to management and other stakeholders

You’re a great fit if you have:

• Bachelor’s degree and 5+ years of Credit Card Industry experienceFundamental knowledge of credit scoring, underwriting, and credit risk managementFamiliar with a wide variety of credit card industry concepts, practices, and metrics across credit policy, credit risk, and loss forecasting

  Extensive experience working hands-on with SAS/SQL or equivalent to independently write queries to generate reports and perform ad-hoc analyses

  Proficiency in analytical or reporting tools such as SAS, R, Python, or Tableau

  Excellent written and verbal communication skills

   

Location and Work Expectations: Hybrid work environment, with 3 days a week in office. Office is located in Sandy Springs (Atlanta) Georgia. Relocation support is available.

Compensation: D.O.E., salary $180,000 to $220,000. Bonus 20% to 30% (half cash, half long term comp) Please contact daina@cardresourcegroup.com for more information.