Senior Manager, Credit Analytics and Modeling
Work with key stakeholdes and set up agenda which alignes with overall business strategic goal
Be capable and creative on leveraging various statistical methodology to solve business problem
Develop and implement acquisition, pricing, and credit underwriting models used to support lending decisions by using advanced modeling and simulation techniques to optimize the performance of loan products and operations.
Develop statistical models and scorecards used in credit underwriting, loan pricing, collection, and portfolio risk monitoring.
Collaborate with product managers in optimizing marketing campaigns used in acquisitions that align with the credit policies and scoring models.
Develop price elasticity models to support risk adjusted pricing.
Establish and own model governance for the models built and owned by the team
Monitor performance of quantitative models and support independent model validation efforts in accordance with the model governance policy.
Participate in identification, measurement, and monitoring of credit risk as it relates to Merger and Acquisition (M&A), loan purchases and participation, and other new business strategies.
Utilize credit models and analytics to assist lending with policies and strategies that maximize profits and asset growth and minimizes credit and operating losses as well as other risk exposures.
Bachelor’s Degree in Mathematics, Statistics, Economics, Engineering or a related field is required. Master’s Degree in a quantitative field is highly preferred.
Minimum of eight (8) years’ of experience in quantitative modeling is preferred.
Experience with SAS and proficiency working with large datasets is required.
Ideal candidate would have experience in at least one (1) of the following areas:
experience building quantitative risk models for real estate lending
knowledge of real estate products is preferred
experience building quantitative risk models for unsecured consumer products like credit cards and personal loans
Knowledge of unsecured consumer products like credit cards and personal loans is preferred.
This position will directly supervise employees.
There are no additional certifications required.
Bending, Stretching or Reaching
Talking on the phone, person-to-person & in group
XHearing on the phone, person-to-person & in group
XVision for near, mid-range, far, peripheral, depth and color
XUse of computer
XUse of telephone
XUse of office equipment
XPushing/pulling/lifting/ carrying from 5 to 50 lbs.
Travel Limited travel to various worksites is required. To perform the job successfully, an individual should demonstrate the following behaviors to perform the essential functions of this job:
- Customer/Client Focus.
- Ethical Conduct.
- Personal Effectiveness/Credibility.
- Interpersonal Skills
- Communication Skills
- Problem Solving Skills
- Ability to Maintain Confidentiality
- Quality control
- Safety and Security
PenFed is an Equal Opportunity Employer
PenFed will maintain and observe personnel policies which will prohibit discrimination or harassment against a person because of race, color, creed, age, sex, gender, religion, national origin, ancestry, genetic information, military or veteran status or obligation, the presence of a physical and/or mental disability and all other statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 703-838-1568.