Role Summary
Candidate should have significant experience in US credit card industry, in Loss forecasting or Credit Policy strategy space. Candidate should demonstrate good communication skills, working with various clients and the ability to clearly articulate forecasts, reasons for forecasts and how they tie to recent trends and macro-economic conditions.
Responsibilities
Senior Management Consulting Summary:
Ability to deliver clear, structured, and concise summaries of complex situations for senior stakeholders
Consulting-style articulation is essential distilling what happened, why it matters, and what actions are recommended
Strong emphasis on credit policy integration, ensuring recommendations align with established frameworks.
Skilled in synthesizing key insights into crisp narratives and executive-ready presentations
Credit Policy Integration: Translate credit policy decisions into portfolio forecasts
Should be conversant with maturation, impact of policy change on loss trajectory
Variance Analysis: Project and track actuals, explaining variances against the forecast including underlying drivers of change
Model Incorporation: Work with a range of models, including vintage-driven, stochastic and challenger orthogonal models
Role breakdown:
Manages the overall engagement with team of 4-5 members
Expected to be 50% individual contributor, handling coding, Excel modeling and deck preparation
Ideal candidate profile:
Strong proficiency in vintage models, roll rate models, and stochastic time series models
Must work in office atleast 4 days a week Wilmington, DE preferred, NYC alternate
US credit cards experience in credit risk
Credit cards policy experience (Acquisition credit policy preferred, ECM acceptable)
Hands-on coding in Python & SQL