Director, Credit Risk & Analytics

About the role

The Director of Credit Risk & Analytics at CarMax Auto Finance is responsible for setting originations strategy, evolving originations capabilities, and building a world-class analytical team. This role involves balancing growth, risk-adjusted return, and customer experience while influencing executive decision-making with data-driven recommendations.

Responsibilities

• Evolving originations capabilities to further expansion into full-spectrum lending, through technology, alternative-data, and analytics.
• Setting originations strategy across credit policy, consumer pricing, fraud, and decisioning.
• Owning P&L responsibilities by developing forecast models and steering the business in a highly dynamic environment.
• Building and leading a world-class analytical team, hiring exceptional talent, developing manager-level leaders, and creating an environment where analysts do their best work.
• Influencing executive decision-making with data-grounded recommendations, and serving as a thought partner to CAF and CarMax senior leadership.

Requirements

• Bachelor's degree in mathematics, statistics, finance, economics, a related field, or equivalent experience; Master's degree preferred.
• 8–10 years of proven credit policy and/or credit risk management experience (or equivalent).
• Strong conceptual thinking skills to design and manipulate complex mathematical models and analyze complex data.
• Ability to convert vague business objectives into concrete analysis tasks and lead a team to tackle them systematically.
• Genuine curiosity about how new data, new techniques, and new business models can change what's possible in auto lending.

Qualifications

• Bachelor's degree in mathematics, statistics, finance, economics, a related field, or equivalent experience; Master's degree preferred.
• 8–10 years of proven credit policy and/or credit risk management experience (or equivalent).
• Strong conceptual thinking skills to design and manipulate complex mathematical models and analyze complex data.
• Ability to convert vague business objectives into concrete analysis tasks and lead a team to tackle them systematically.
• Genuine curiosity about how new data, new techniques, and new business models can change what's possible in auto lending.

Skills

• Advanced degree in a quantitative discipline (engineering, math, statistics, operations research, economics, physics, etc.).
• Prior leadership experience in auto finance, consumer lending, and/or fintech.
• Hands-on familiarity with machine learning and alternative data in a lending context.
• Working proficiency in SQL, Python or R, and modern data / BI tooling (Snowflake, Tableau, etc.).

Benefits

Annual Salary Range: $148,100.00 - $237,000.00 May be eligible for bonus and equity.

Paid Time Off: Sick, vacation, and holiday time, with up to 48 hours of sick time per year, 80 hours to 200 hours of vacation time after a 90-day waiting period, and up to 6 paid scheduled holidays per year plus 1 floating holiday.

CarMax is an equal opportunity employer and offers benefits including paid time off, health insurance, retirement plans, and more.