Risk Analyst III / AVP, Portfolio Risk Management

Company: Credit One Bank ( Learn More )

General Information
US-NV-Las Vegas
N/A
Not Specified
Full-Time
Not Specified
None
True
False
Job Description

Position Summary:

Credit One Bank is a leading issuer of VISA branded credit cards with over 7 million active customers. With ever changing portfolio risk and profitability dynamics, and the drive to expand the business substantially beyond current levels, the Bank seeks to fill a newly created position on its Portfolio Risk Management team.

In the role of Risk Analyst III or Assistant Vice President the position will be primarily responsible for monitoring the risk and profitability performance of Credit One's unsecured credit card portfolio. This position will develop and leverage effective MIS to evaluate the health of the portfolio and make data-driven recommendations regarding potential strategic changes throughout the Bank.

This position should be a subject matter expert regarding portfolio composition, loss rate calculation, forecasting, credit bureau attributes, P&L drivers, portfolio scores and economics. The position reports directly to the Assistant Vice President/Vice President responsible for Portfolio Risk Management.



Requirements:


  • Previous financial services experience is required; credit card industry experience is preferred. Experience managing an analytical team is a plus. Minimum of 3-5+ years of relevant experience plus Bachelor's degree in a quantitative area such as finance, economics, mathematics, statistics is required, Master's degree is preferred.
  • Strong financial analytical skills with the ability to read, interpret, and evaluate, financial time-series tracking reports (including vintage analysis) in order to investigate and report on variances in performance between predicted and actual results.
  • Fundamental knowledge of credit scoring, credit underwriting, and credit risk management.
  • Familiar with a wide variety of credit card industry concepts, practices, and procedures including loss forecasting, account management strategy, collections strategy, and acquisitions strategy.
  • Advanced technical competencies using SAS Enterprise Guide and Miner and/or SQL and Excel.
  • Effective data mining skills and the ability to explain changing data dynamics
  • Ability to collaborate effectively and follow up to ensure achievement of deadlines, outcomes, and results.
  • Job Requirements