Risk Analyst I

Description

Position Summary

This position is a part of the Risk Management department. 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 Risk Analyst, you will be on a team of strategy owners with the primarily responsibility to optimize the Bank’s Credit Line Increase (CLI) program. This position will use your advanced analytic abilities to interpret vast amounts of complex data, produce and present portfolio reports, and recommend ways to improve our underwriting strategies.

In this position, you can become a subject matter expert regarding all portfolio composition, loss rate calculation, forecasting, profit & loss drivers, and portfolio scores. 

Summary of Essential Job Functions

• Complete monthly volume forecasting process and prepare final reports to present to the monthly strategy meetings to obtain senior management approvals.
• Conduct daily volume tracking process and evaluate the variance between forecasted and actual.
• Create and enhance strategies that will increase customer card value and usage.
• Utilize analytical skills and be able to read, interpret, and evaluate tracking reports (including vintage analysis)
• Have fundamental knowledge of credit scoring, credit underwriting, and credit risk management.
• Identify and execute revenue opportunities for existing account management programs, including but not limited to Credit Line Increases and Balance Transfers.
• Compile data from the internal data warehouse and performing extensive data analysis.
• Make recommendations based on well-constructed analytics and present their ideas to key stakeholders of the Bank.

Position Requirements

• Bachelor’s Degree in Economics, Finance, Business, Math, or related field
• 1+ years analytical experience in Banking, Finance, or Gaming
• Technical competencies using SAS, Pythons, SQL and Excel are desired
• Effective data mining skills and the ability to explain changing data dynamics
• Intellectual horsepower with problem solving and analytical skills
• Knowledge of data analysis and credit risk drivers
• Self-starter, who can work independently with a high degree of organization on several projects at one time
• Sufficient self-confidence and ability to propose new ideas/solutions
• Ability to quickly assimilate and analyze large amounts of information
• Strong knowledge of Microsoft tools: Excel, Word, and PowerPoint

Preferred (Not Required)

• Advanced degree
• Consumer Credit Card industry experience
• 3+ years advanced use of SAS, Python or SQL

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.