Description Position Summary This position is a part of the Acquisitions teams in 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. The Risk Management - Acquisitions department develops and implements strategies for new credit acquisitions and initial credit line assignments.
In the role of Risk Analyst II, the position will primarily be responsible for driving the Bank's incremental growth through Digital Acquisition strategies. This position will focus on evaluating, analyzing, and reporting the impact and performance of digital acquisition strategies, as well as conducting analyses to evaluate the risk of new and existing programs to drive profitable growth.
Essential job responsibilities include developing new strategies using various sources of data, data exploration, maintaining reports to track the stability, volume, vintage performance and profitability of strategies, presenting findings to upper management, and making recommendations for opportunities for incremental growth.
The position reports directly to a Senior Manager responsible for Acquisition Risk Management.
Summary of Essential Job Functions
- Ability to influence and drive business strategies that facilitate growth, profitability, and competitive success while managing losses and exposure
- Help deliver profitable growth through the development of new strategies and the optimization of existing strategies for digital acquisition channel through the assessment of credit risk and P&L drivers
- Explore new areas of opportunity for incremental growth within the Digital channel through testing new scores, products, credit attributes, and alternative data sources
- Leverage advanced analytical tools and algorithms to deliver strategies across targeting, universe expansion, and product mix optimization
- Develop presentations to share insights and recommendations to upper management
- Lead analyses to evaluate the risk and profitability of new and existing programs across the entire credit spectrum
- Collaborate across multiple departments such as Marketing, Product, Campaign Execution, etc. to achieve effectiveness and efficiency and deliver on business goals
- Bring insights from external and unconventional data sources to help explore competitive landscape
- Perform other duties as assigned
Position Requirements
- Bachelor's Degree in Economics, Finance, Business, Math, or related field
- 2-4 years' analytical experience in Banking, Finance, Insurance, or Gaming
- 2-4 years' advanced use of at least one of the following: Microsoft Access, SQL Server, Oracle, Python or SAS
- Intellectual horsepower with problem solving and analytical skills
- Must be proficient in data mining and financial modeling procedures
- Self-starter, who can work independently with a high degree of organization and time-management on several projects at one time, turning data into strategy.
- Able to communicate complex ideas and information clearly.
- 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.
Credit One Bank, N.A. is a data-driven financial services company based in Las Vegas. Founded in 1984, Credit One Bank offers a spectrum of credit card products for people in all stages of financial life. Credit One Bank is an equal opportunity employer committed to diversity and inclusion and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation, or national origin. Reasonable accommodations can be made for those who require them, including access to job applications and workplace accommodations. Employment at Credit One Bank is based on mutual consent (also known as at-will). This means that employees and the Bank may terminate the employment relationship at any time, with or without cause and with or without notice. Please contact the recruiter for this position to learn more. Credit One Bank does not accept unsolicited resumes from agencies and is not responsible for related fees.