Job Title: VP - Credit Risk and Analytics
Status:Exempt
Reports to: SVP - Head of Enterprise Reporting and Analytics
Department: Enterprise Reporting and Analytics
Job Code: 11501
WHAT YOU'LL DO:- Risk Strategy: * Develop and direct implementation of origination and portfolio strategies to assess, manage and mitigate risk (credit, fraud, retention, etc.) for consumer lending products. Coordinate with Product Management, Operations and Finance teams to develop and implement risk and pricing strategies that deliver appropriate economic returns for Golden 1.
- Customer Segmentation: * Develop overall customer-based strategy and segmentation across products.
- Analytic Framework: * Design and manage risk analytics and reporting to balance risk/return and data-driven decisions for strategic planning. Build out experimental design approaches for learning and ensure Golden 1 data structure supports this direction. Present insights and recommendations to senior management.
- Risk Identification: * Identify risks to the organization via ongoing reporting and surveillance of key metrics and portfolio trends. Ensure risk metrics and risk reporting are appropriate and adequate for risk monitoring.
- Experience Improvement: * Identify opportunities to leverage technology and streamline risk processes, driving automation, efficiency, and improved member experience.
- Industry Monitoring: * Stay updated on industry trends, regulatory changes, and best practices in retail risk management, and direct relevant changes to enhance the organization's risk operations.
- Regulatory Compliance: * Stay abreast of relevant industry regulations and compliance requirements related to retail financial services products. Ensure that product risk is managed in accordance with applicable laws and regulations.
- Team Leadership: * Hire/Manage team to develop best-in-class financial services analytics/risk management capabilities. Provide guidance, mentorship, and leadership to a team of analytics/risk associates, fostering a collaborative, engaging, and innovative work environment. Promote continual learning, professional growth, and development within the team.
- Credit Risk Management Committee: * Participate in CRMC to monitor and discuss market conditions and associated impacts on credit and fraud risk as well as the strategic approaches to manage/mitigate risk.
- Teamwork: * Collaborate with cross-functional teams, such as marketing, finance, operations, and IT, to align around business outcomes and foster effective partnerships to deliver defined outcomes.
- Represent credit union in contacts with business and trade associations, members, and regulatory agencies. Attend civil functions and otherwise promote the credit union's image.
- Plan, organize, direct and control budgetary activity for direct reporting departments.
QUALIFICIATIONS AND PREFERENCES:- Bachelor's Degree in a quantitative discipline required
- Master's Degree preferred
- 10+ years of analytics and risk management experience with an emphasis on retail lending - origination and portfolio management - across lending products required
Please view the full job description detailing the complete list of duties and expectations for this role by clicking or copying this URL into your browser: https://golden1.jdxpert.com/ShowJob.aspx?EntityID=2&id=2218
