Risk Management Senior Manager (Credit Bureau Management)

Location: Riverwoods, IL UNITED STATESFunctional Area: Risk ManagementMin Pay Rate: $0Max Pay Rate: $0Pay Type: YearResource Type: Full TimeJob Description: This high profile role is responsible for managing and developing credit risk strategies and policies related to Credit Bureau data. This role will necessitate identification, design and implementation of complex statistical and business analyses projects to develop credit policies in support of business goal and strategies. A strong understanding of the relationship between key business drivers and overall impact on risk/reward trade-offs is a must. The role requires a strong, analytically minded individual capable of leading a team of analysts and working on own initiatives. Good communication skills are crucial as there will be a high degree of liaison with other business partners notably Acquisition Marketing/Finance and a need to present research and recommendations to the senior management of the company. Key Deliverables (performance measures): Act as a Risk Management liaison with Marketing and Finance business units in inter-department projects. Present findings and recommendations with supporting data to business partners and senior management. Lead analysts to initiate, develop and implement credit risk criteria for marketing eligibility across a range of segments and products using statistical methodologies and data mining techniques to maximize business return ensuring that key business factors are understood and measured e.g. impact on usage, revenue and risk. Lead analysts to initiate, develop and implement credit risk criteria for retention activities across a range of segments and products establishing appropriate profitability trade offs using various tools to maximize business return on the business exposure. Create and run an effective range of segmentation, champion/challenger programs in a fully controlled environment. Establish and maintain effective strategy performance tracking ensuring that strategies are performing as expected and feeding back learning into strategy and / or policy changes in a timely manner. Develop and implement a comprehensive range of other account management policies consistent with achievement of defined business objectives. Identify and make enhancements to the business’s use of internal and external data sources within account management processes. Effectively develop and manage a team of analysts ensuring goals are established and monitored together with implementation of development plans. Provide thoughtful leadership and set a positive example for team members.SKILLSRequired: Education and Experience: Bachelor’s degree required; MBA, MS or Ph. D. degree in quantitative disciplines (mathematics, statistics, finance, economics, econometrics, etc.) preferred. Extensive experience in developing and managing a team of analysts to form and implement risk management strategies and policies based on data analysis. Strong project management skills. Strong background in data analysis in support of business strategies. Proven track record of credit risk management within a credit card environment (minimum 5-7 years depending on experience level), and ideally will have previous experience of risk/marketing criteria development. Solid understanding of portfolio dynamics to determine profitability, loss, and attrition interrelationships. Extensive SAS and SQL programming skills, preferably in Unix environment. Proficient in using Microsoft Office. Ability to motivate and lead a team of analysts and manage projects. Ability to work under own initiative with ability to set priorities and deliver quality results in a deadline driven environment. Excellent written and oral communication skills including ability to translate analysis into clearly defined and supportable strategies / policies and present to senior management. A high level of inquisitiveness, initiative and critical thinking required to formulate business issues into analytical problems and devise actionable solutions. Proficiency in analytical principles, tools and techniques. Proficiency with statistical software and other analytical tools, including SAS and MS Excel.Desired: Click here to apply: