Acquisition and Strategy Risk [Multiple Positions Available]

DESCRIPTION:

Duties: Drive key risk indicators (KRIs) for card risk strategy by executing SAS code, analyzing trends, investigating deviations, collaborating with strategy and product teams, and refining KRI thresholds based on historical performance and risk appetite.

Develop and maintain periodic analytics to provide senior management and stakeholders with full insight into emerging performance trends and the quality of the originated accounts.

Analyze risk inputs and conduct research and analysis of the performance and profitability of existing strategies while working to ensure adherence to regulatory based initiatives, procedural alignment with Risk Policy and a strong control environment.

Analyze historical product performance by strategy segmentations and use analysis to design and implement forecasting methodologies leveraging statistical tools to ensure robust and explainable forecasts.

Analyze economic model output and apply results to product forecasts, determining the result of base, stress, and upside macro environments and how these scenarios will impact losses and investment profitability.

Produce new account loss forecast for specialty groups within hotels and airlines by applying model driven methodologies, evaluating assumptions and producing forecasts that inform product level investment decisions.

Engage in cross functional collaboration with Risk, Marketing, Finance and Product teams to drive business results and support Investment Review Forum (IRF) with data driven analysis and clear risk initiatives.

Monitor emerging portfolio performance against forecasted losses by conducting vintage-level back testing, threshold breach analysis and attribution studies, and recommend re- forecasting when necessary.

Effectively present risk narrative and all analytical findings including root cause analysis, and methodology approach and turn technical findings into compelling explanations to executive leadership through in-person and written forums.

Provide analytical support to the strategy teams through risk ownership of swap-in and swap-out dataset generation and develop robust methodology, algorithm, and financially sound evaluation framework for credit risk strategies.

Extract, transform and visualize large datasets.

Develop risk analysis framework that is consistent with the firm's risk appetite framework.

QUALIFICATIONS:

Minimum education and experience required: Master's degree in Econometrics and Quantitative Economics, Statistics, Computer Science, Data Science, Finance, or in a related field of study plus two (2) years of experience in the job offered or as Acquisition and Strategy Risk, Card Risk Analytics, Strategic Analytics, Product Test Engineer, or in a related occupation.

The employer will alternatively accept a Bachelor's degree in Econometrics and Quantitative Economics, Statistics, Computer Science, Data Science, Finance, or in a related field of study plus four (4) years of experience in the job offered or as A...