Employer: Merrick Bank Corporation

Worksite Address: 10705 South Jordan Gateway, South Jordan, Utah 84095. Work from home benefit provided. Worksites are unanticipated. Must live within reasonable commuting distance of Wilmington, Delaware.

Job Title: Director

Job Duties:

• Develop, design, and execute near-prime or non-prime portfolio credit strategies, including credit line increases, credit authorizations, and exposure reduction to optimize portfolio performance.
• Leverage expertise in risk-return optimization for credit strategies using advanced financial modeling including NPV, DCF, and ROI.
• Design and implement comprehensive risk management frameworks that align with regulatory standards and optimize portfolio performance.
• Analyze and optimize unsecured credit portfolios, with understanding of risk-reward tradeoffs, behavioral segmentation, and lifecycle dynamics unique to credit products.
• Develop credit strategies, using statistical and mathematical concepts including probability, statistical inference, regression, and machine learning.
• Work with large analytical datasets and utilize analytical tools and languages SAS, SQL, Python, and Power BI to perform strategy design, segmentation, optimization, simulation, and reporting.
• Collaborate cross-functionally with Marketing, Finance, Operations, and Technology teams to implement and govern analytics-driven strategies.
• Develop and execute structured test-and-learn frameworks to monitor and refine treatment effectiveness.
• Translate complex analytical findings into strategic recommendations for senior business stakeholders.
• Direct cross-functional testing to evaluate credit treatments across customer segments, driving insights that lead to the development and enhancement of portfolio credit strategies.
• Monitor portfolio trends and performance metrics to adjust credit strategies in response to macroeconomic shifts, competitive dynamics, and internal goals.
• Serve as a key stakeholder in governance forums, contributing to policy reviews, compliance assessments, and strategic planning for credit risk management.
• Maintain audit-ready documentation on strategy assumptions, treatment rationale, test design, and outcomes.
• Supervise analysts, managers, contractors, and third-party resources supporting analytics, campaign selection, and reporting functions.
• Employee will be required to work from Merrick Bank’s Wilmington, Delaware office located at 1000 N West St., 11th Floor, Wilmington, Delaware 19801, 1-2 days per week. Work from home benefit provided. Worksites are unanticipated. Must live within reasonable commuting distance of Wilmington, Delaware.

Degree Required: Bachelor’s degree in Data Science, Mathematics, Statistics, or Economics.

Experience Required:  Six (6) years of experience as a Business Analyst, Risk Manager, Statistician, Analytical Modeler, or similar occupation. Employer will accept in lieu of a Bachelor's degree and six (6) years of experience a Master’s degree in Data Science, Mathematics, Statistics, or Economics and four (4) years of experience as a Business Analyst, Risk Manager, Statistician, Analytical Modeler, or similar occupation.

Skill set Requirements (Special Requirements): 

• Four (4) years of the experience required above must be in the Credit Card Industry or Consumer Finance Industry.

Demonstrable knowledge of and prior experience in:  
 

• Developing, designing, and executing credit strategies in near-prime or non-prime portfolios;
• Risk-return optimization for credit strategies using advanced financial modeling NPV, DCF, and ROI;
• Designing and implementing comprehensive risk management frameworks that align with regulatory standards and optimize portfolio performance;
• Analyzing and optimizing unsecured credit portfolios, with a deep understanding of risk-reward tradeoffs, behavioral segmentation, and lifecycle dynamics unique to credit products;
• Using statistical and mathematical concepts including probability, statistical inference, regression, and machine learning to develop credit strategies;
• Working with large analytical datasets and utilizing analytical tools and languages SAS, SQL, Python, and Power BI to perform strategy design, segmentation, optimization, simulation, and reporting;
• Collaborating cross-functionally with Marketing, Finance, Operations, and Technology teams to implement and govern analytics-driven strategies;
• Developing and executing structured test-and-learn frameworks to monitor and refine treatment effectiveness;
• Translating complex analytical findings into strategic recommendations for senior business stakeholders.

Travel: Required to travel to Merrick Bank’s office located at 1000 N West St., 11th Floor, Wilmington, Delaware 19801, 1-2 days per week.

Hours: Full time, 40 hours/week. Monday-Friday, 8:00 a.m. - 5:00 p.m.

To Apply: Submit an application on https://www.merrickbank.com/careers/. Only qualified applicants need apply. Do not apply if you are an H-1 or F-1 visa holder, or if you otherwise require employer sponsorship to obtain U.S. employment authorization. Do not apply if you are not eligible to be employed in the U.S.

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