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VP, Balance Growth Strategy & Underwriting

Location: Las Vegas, NV, United States
Date Posted:

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Position Summary

This position is a part of the Credit Risk team. Our risk professionals are tasked with identifying revenue opportunities and risk trends by monitoring the performance of our existing portfolio, growth opportunities, and general market trends. We develop and implement strategies for credit line increases, authorizations, collection, fraud, retention, and the sale of revenue based products.

In the role of Vice President of Balance Growth Strategy, the position is primarily responsible for managing the Bank’s various credit extension programs.  This position owns the monthly Credit Limit Increase (CLI), Convenience Checks (CC), Balance Transfer (BT) programs, covering strategy, underwriting, and campaign execution. In addition, the role is responsible for our Usage program, designed to further cardholder engagement and spend.  The position oversees program strategy and reporting, and is responsible for developing and leveraging insightful analytics to evaluate the performance of the programs and make data-driven recommendations regarding potential strategy changes.

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


Summary of Essential Job Functions

  • Ensure strategic alignment to overall enterprise-wide balance growth goals
  • Oversee development and execution of CLI, CC, and BT programs and strategies to meet and exceed company goals
  • Lead team to develop, create and read tests of new strategies
  • Optimize current CLI, CC and BT programs and underwriting strategies to increase balance growth and enhance performance across all programs
  • Assess all underwriting rules and strategies to align for business standards and strategic goals.
  • Enhance effectiveness of usage (spend incentive) programs
  • Work closely with the Finance Team to ensure P&L accuracy and alignment at program levels for monthly sign-off 
  • Anticipate issues based on knowledge of business trends and propose direction and solutions.
  • Serve as an expert consultant to senior management on highly complex issues.
  • Research the impacts of business decisions.
  • Manage the rollout of company-wide pilot programs developed as a result of programmed models.
  • Partner with technology groups to define business requirements.
  • Oversee user acceptance testing and implementation of complex changes.
  • Manage team of various levels of analysts.


Position Requirements

  • Bachelor’s Degree in Economics, Finance, Business, Math or related field.
  • 10+ years experience in Financial Services, Credit Cards, and Banking,
  • Intellectual curiosity along with problem solving and analytical skills.
  • Strong communication skills and political savvy.
  • Knowledge of financial analysis and profitability drivers.
  • Ability to quickly assimilate and analyze large amounts of information.
  • Must be able to lead 3 teams of skilled analysts and prioritize multiple highly impactful projects.
  • Strong knowledge of Microsoft tool suite (Excel, Word, PowerPoint, Visio).
  • Experience in decision science or direct application of decision engine technology in a prior role.
  • 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 (Not Required):

  • Advanced degree
  • Consumer Credit Card industry experience
  • 5+ years advanced use of at least one of the following: Microsoft Access, SQL Server, Oracle, or SAS



Credit One Bank, N.A. is a data-driven financial services company based in Las Vegas. Founded in 1984, Credit One Bank offers a spectrum of credit card products for people in all stages of financial life. Credit One Bank is an equal opportunity employer committed to diversity and inclusion and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin. Reasonable accommodations can be made for those who require them, including access to job applications and workplace accommodations. Employment at Credit One Bank is based on mutual consent (also known as at-will). This means that employees and the Bank may terminate the employment relationship at any time, with or without cause and with or without notice. Please contact the recruiter for this position to learn more. Credit One Bank does not accept unsolicited resumes from agencies and is not responsible for related fees.