AVP, Manager of Advanced Analytics & Modeling

Position Summary

This position is a part of Advanced Analytics, which is a problem-solving, value-adding unit of the Risk Management department. Our risk professionals are tasked with identifying revenue opportunities and risk trends by monitoring the performance of our new account acquisitions, growth opportunities, and general market trends. We develop and implement strategies essential for new account acquisition, including targeting prospects, assigning offers, and setting initial credit limits. We also provide full-service data science support for our strategy peers in areas including testing, new data source evaluation, and competitive intelligence.

In the role of Assistant Vice President of Advanced Analytics, the position will be primarily responsible for developing the talent that delivers quantitative tools and solutions to drive incremental growth in Digital and Direct Mail Acquisitions. This position will focus on evaluating, analyzing, and reporting on the impact and performance of digital and direct mail acquisition strategies, as well as conducting analysis to evaluate the risk of new and existing programs. This is a leadership role that will manage and mentor a team so the ability to coach and improve human performance is required.

This candidate should be a subject matter expert regarding credit card acquisitions and supporting statistical tools, loss rate calculation, forecasting, credit bureau attributes, P&L drivers, and portfolio scores. S/he should have proven experience in advanced analytical techniques.

Essential Job Functions:

• Lead a team to create, manage, and enhance statistical tools that increase customer card value and usage
• Work with peers to optimize current digital and direct-mail programs and underwriting strategies to increase profitability and enhance performance across all programs
• Present findings to upper management and making recommendations for improvements.
• Design, propose, and read complex tests to enhance program knowledge and performance.
• Oversee the development and management of models/tools used in programs
• Lead analysis in order to evaluate the risk of new and existing programs.
• Assess all application underwriting rules and strategies to align for business standards and strategic goals.
• Drive incremental growth through the development of new strategies or the optimization of existing strategies in the digital and direct mail acquisitions space.
• Perform other duties as assigned.

Position Requirements:

• 5+ years’ experience in Financial Services, Credit Card strategy, and Banking.
• Knowledge of financial analysis and profitability drivers.
• Ability to quickly assimilate and analyze large amounts of information.
• Must be able to lead a strong team of analysts and prioritize multiple highly impactful projects.
• Provide individual coaching to team members to lead consistent improvements.
• Strong knowledge of Microsoft tool suite (Excel, Word, PowerPoint, Visio).
• Strong financial analytical skills with the ability to read, interpret, and evaluate, financial time-series tracking reports (including vintage analysis).
• 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 and Portfolio Management Strategy.
• Advanced technical competencies using SAS Enterprise Guide and Miner and/or SQL, Excel and Tableau are required.

Preferred:

• Advanced degree (Masters or PhD)
• Consumer Credit Card industry experience