VP, Credit Model Development - PayPal Credit

8 - 10 years experience  •  Financial Services

Salary depends on experience
Posted on 02/21/18
Confidential Company
Alpharetta, GA
8 - 10 years experience
Financial Services
Salary depends on experience
Posted on 02/21/18

Essential Responsibilities:

  • Lead a team of model experts in the model monitoring process across the Credit organization, including root cause drivers of any material shifts in model performance; documenting change logs
  • Manage with legal/compliance, model validation & development, business user and other governance teams the review, testing and approval before implementation
  • Assist the model sponsor in providing documentation and responses related to model risk management for internal/ external reviews
  • Identify and coordinate activities requiring modelling support including new model build process; review and signoff on requirements
  • Manage model Inventoryreporting; drive model simplification in business
  • Manage audit and validation requests, and develop remediation plan for timely resolution on any issues uncovered through those requests
  • Assess appropriateness of model inputs, calibration quality and reliance on model outputs with support from modeling team
  • Ensure models are implemented working with cross functional team, and documented per Synchrony policy standards
  • Responsible for leading, coaching, and developing junior team members
  • Perform other duties and/or special projects as assigned

Qualifications/Requirements:

  • Master’s degree in a quantitative discipline and 8+ years of experience in consumer credit risk modeling or; in lieu of a Master’s degree, a Bachelor’s degree in quantitative discipline and 10+ years of experience in consumer credit risk modeling
  • 4+ years of progressive experience in model review or validation
  • 4+ years of leading a team
  • 1+ years hands on programming skills (SAS/SQL/R/Python etc.)
  • 4+ years working with large data sets

Desired Characteristics:

  • Deep familiarity with model risk management under SR 11-7 model governance requirements 
  • Extensive experience with Compliance/ legal in interpreting and implementing quantitative regulatory requirements within business settings 
  • Excellent writing, communication and inter personal skills
  • Proficient in usage of SAS, Model builder or related modelling tools
  • Experience in developing consumer credit risk models
  • Direct exposure with delivering on data requests for auditors/examiners
  • Proven ability to lead a team of managers/ analysts
  • Strong leadership skills to drive change and results
  • Master’s degree in Statistics or related field is preferred

Job ID: 1800000154

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