Consumer and Credit Risk - Business Lending Account Management and Collection Strategy - Vice President
Job Responsibilities
Conduct thoughtful analysis of borrowers, their demographics, and risk/profit performance with the firm's products.
Generate strategic recommendations for strategy development based on quantitative analytics and business intuition. Strategies are optimized to maximize profitability while minimizing risk.
Develop and maintain periodic reporting and analytics on key metrics to provide management with emerging trends including (but not limited to) volumes, modification/settlement rates and recovery rates of delinquent accounts.
Acquire an understanding of the operational processes (i.e. manual underwriting, portfolio management, collections, etc.) which will aid in understanding past due account collection performance drivers.
Conduct pre-implementation and post-implementation testing & analysis to ensure strategic changes produce expected impacts.
Required Qualifications, Capabilities And Skills
- Bachelor's degree with 8+ years of professional experience related to risk management or other quantitative field of work
- Master's degree with 5+ years of professional experience related to risk management or other quantitative field of work
- Background in statistics, econometric, or other quantitative field
- Advanced understanding of SAS, SAS Enterprise Miner, or other decision tree software
- Ability to query large amounts of data and transform the raw data into actionable management information
- Familiarity with risk analytic techniques and strong problem solving skills
- Strong written and verbal communication skills
Preferred Qualifications, Capabilities And Skills
- Master's degree
- Intellectually curious and driven to identify meaningful insights using a data guided approach
- Strong knowledge of US lending and debt collection regulations and practices
- Experience delivering recommendations to management