Quantitative Risk Analyst, Acquisition Risk Management

Full Time

Madison-Davis Client

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, the position will primarily be responsible for driving the Bank’s incremental growth through analyzing and optimizing Acquisition processes. This position will focus on monitoring, analyzing, and reporting the performance of application processing and underwriting rules.

Essential job responsibilities include developing and maintaining reports to track portfolio and vintage performance and profitability, present findings to upper management and making recommendations for improvements.

Summary of Essential Job Functions

  • Monitoring, analyzing, and reporting the performance of digital and direct mail acquisition application processing and underwriting.
  • Assessing all application underwriting rules and strategies to align for business standards and strategic goals.
  • Presenting findings to upper management and making recommendations for improvements.
  • Driving Bank-wide initiatives by representing Acquisition project requirements in cross-functional meetings.
  • Ensuring new initiatives are optimized while meeting all technical and regulatory requirements
  • Working with external partners such as the Credit Bureaus to implement and optimize solutions

Position Requirements

  • Bachelor’s Degree in Managing Information Systems, Economics, Business, or related field.
  • 3+ years analytical experience in Banking, Finance, Insurance or Gaming.
  • 3+ years advanced use of at least one of the following: Microsoft Access, SQL Server, Oracle, or SAS
  • Intellectual horsepower with problem solving and analytical skills.
  • Must be proficient in data mining and systems architecture.
  • 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.
  • Excellent interpersonal skills to contribute to cross-functional and collaborative projects.
  • Ability to quickly assimilate and analyze large amounts of information.
  • Strong knowledge of Microsoft tool suite (Excel, Word, PowerPoint, Visio).
  • Knowledge of financial analysis and profitability drivers.

Preferred (Not Required):

  • Advanced degree
  • Consumer Credit Card industry experience
  • Experience in digital and direct mail markets and online acquisitions.
  • Experience in Banking compliance and regulations as related to originations

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