Manager, Risk Portfolio

Cortex

$90K — $120K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Statistics, or related field or equivalent experience.
  • 3 years in Credit Risk Analysis and Underwriting, Portfolio Risk Management, Data Analytics and Model Implementation.
  • Experience with SAS, SQL, or Python for data analysis and model building is essential.
  • 2 years in Cross-Functional Collaboration and Project Management roles.
  • 1 year in Financial Modeling and Credit Rating and Regulatory and Risk Compliance.

Responsibilities

  • Oversee strategies to enhance profitability while managing credit risk.
  • Lead a small team of analysts to drive portfolio enhancements.
  • Collaborate with Marketing, Product, and Technology teams to meet profitability targets.
  • Utilize advanced statistical software for developing risk models.
  • Analyze data to shape underwriting and pricing strategies using SAS, SQL, or Python.
  • Present analytical findings and recommendations to senior management.
  • Design and test line assignment strategies to boost profitability.

Benefits

  • 100% telecommuting option available for all employees.
Full Job Description
Cortex Management, LLC seeks Managers, Risk Portfolio in Irving, TX.

  • Oversee improving profitability of the portfolio with strategies that either reduce credit risk or increase revenue with innovative line and product strategies.
  • Manage a small team of analysts focused on driving improvements in portfolio profitability by reducing losses and increasing revenue.
  • Partner with Marketing, Product and Technology teams to achieve annual profitability goal.
  • Utilize advanced statistical software to develop tree-based and regression models to minimize. Credit/fraud losses and maximize response and approval rates.
  • Use statistical and query tools such as SAS, SQL, or Python to analyze and propose Underwriting, Line Assignment, Fraud, and pricing strategies.
  • Present findings and make recommendations to management team.
  • Design and test line assignment strategies to improve portfolio profitability.
  • Recommend optimal line strategies that increase revenue and minimize losses and implement new strategy.
  • Interact directly with clients, providing recommendations and seeking their input on approach and outcomes.


Requires a Bachelor's degree in Business Administration, Statistics, or a related field (or the equivalent) plus 3 years of related experience. Requires 3 years of experience in the following: Credit Risk Analysis and Underwriting; Portfolio Risk Management; Data Analytics and Model Implementation (SAS, SQL, or Python); and Marketing Campaign Strategy and Execution. Requires 2 years of experience in Cross-Functional Collaboration and Project Management. Requires 1 year of experience in the following: Financial Modeling and Credit Rating; and Regulatory and Risk Compliance. 100% Telecommuting permitted.

Must also have authority to work permanently in the U.S. Applicants who are interested in this position may apply at www.jobpostingtoday.com (Ref #76976)) for consideration.

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