Sr. Credit & Risk Analyst
Company: Advance America
Posted on: June 12, 2019
OverviewThis position reports to the Sr. Manager, Credit Risk. The
responsibilities for this role will include developing statistical
models, performing profitability and portfolio performance
analysis, and developing test and control strategies to optimize
decision making. This role works closely with management to perform
analysis and prepare data as well as serves as a mentor to the more
junior analysts. Furthermore, this role requires someone who
quickly adapts to change and is willing to complete all duties as
assigned and requested.ResponsibilitiesJob Responsibilities
- Monitor consumer loan portfolio and optimize profit-based risk
management decisions at all stages of the customer credit life
cycle, including (but not limited to) new customer acquisition,
underwriting, conversion, collections, and retention.
- Develop real-time fraud and collection prevention models, and
strategies to minimize fraud and improve recovery rate.
- Independently designs experiments to enable longer term
optimization of decisions, line assignment, and offer terms across
our menu of financial products and customer segments.
- Works with credit bureaus to evaluate new data sources and
"Ad-Hoc" analysis as assigned.
- Develop and implement advanced statistical and machine learning
models across the customer lifecycle to include customer
acquisition, onboarding (operational processes), credit
underwriting, product optimization, and collections.
- Collaborate with Finance and Business Intelligence to build and
improve monitoring of portfolio KPIs
- Understand, adhere to and enforce all corporate policies
including, but not limited to, Advance America's Creed, Code of
Ethics and Information Security Policies
QualificationsEquivalent Education and Experience Required:
Master's Degree in Quantitative Field (Engineering, Statistics,
Mathematics, Economics, or other comparable quantitative field)
required with three (3) years of experience working in an
analytical role in banking, finance, or retail or Bachelor's Degree
in Quantitative Field (Engineering, Statistics, Mathematics,
Economics, or other comparable quantitative field) required with
five (5) years of experience working in an analytical role in
banking, finance, or retail.
Knowledge Required: Excellent written and verbal communications
skills as would be needed to communicate in person, by phone, and
through email; adaptability and flexibility to changing
environment; and comfortable working in a dynamic, high volume,
fast-paced environment. Ability to read, write, evaluate, and apply
information. Ability to interact professionally and exhibit
appropriate social skills. Ability to understand and ensure
compliance with policies, procedures, and laws governing our
industry/business and products. Ability to develop and maintain
Basic understanding of statistical principals (p-value, etc.).
Comfortable with solving complex problems, working with computers
and technology, and using higher level mathematics. Ability to
quickly learn all technology needed in order to perform the role.
Prior coursework in advanced mathematics, computer programming,
economics, and operations research would be beneficial. Prior work
with SAS, SQL, or another analytical tool preferred.
Physical Requirements: Sitting for long periods of time; standing
occasionally; walking; bending; squatting; kneeling;
pushing/pulling; reaching; twisting; frequent lifting of less than
10 lbs., occasional lifting of up to 20 lbs.; typing; data entry;
grasping; transferring items between hands and/or to another person
or receptacle; use of office equipment to include computers;
ability to travel to, be physically present at, and complete the
physical requirements of the position at any assigned location.
Travel: 0 - 10%
Attire: Professional attire (as required by company standards).
Other: Must be eligible to work in the USA and able to pass a
Keywords: Advance America, Spartanburg , Sr. Credit & Risk Analyst, Professions , Spartanburg, South Carolina
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