Credit Risk Analytics Manager (Unsecured Lending)

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.  We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

The organization's risk management structure is designed to promote effective governance and risk management that is systematic, transparent, credible, timely, and verifiable through clear delineation and execution of key roles and responsibilities. Its goal is to manage risks that may impact the company, including credit, financial, liquidity, market, operational, reputational, strategic, and other risks as appropriate.

The Business Risk Manager will partner with leaders in their assigned Line of Business, Business Risk Consultants, and other Business Risk Managers to, depending on the function, oversee the successful creation, implementation, and maintenance of an effective risk management framework.

This role:

• May lead projects and/or activities that ensure compliance with applicable federal, state and local laws and regulations.

• May facilitate the identification of gaps and drive solutions that minimize losses resulting from inadequate internal processes, systems or human errors.

• May ensure the active identification, response and/or escalation of risks as appropriate.

• May influence policies and procedures to maximize profit potential and minimize regulatory exposure.

• May be accountable for an effective partnership between the Line of Business and the Lines of Defense.

Additional Role Responsibilities:

• Provides analytical and project management in support credit risk management for Consumer Unsecured Lending products

• Identifies and analyzes acquisition, account management and portfolio performance trends using key indicators and techniques, using predictive credit risk models and other qualitative and quantitative methods.  

• Conducts data research projects end-to-end by integrating, aggregating or reassembling information from a variety of database sources and systems often based on well-defined directions, by writing database queries in SAS, SQL, R or other database query languages.

• Supports the team with in-depth research and extensive analyses, requiring problem solving under limited supervision, however, with clearly defined procedures, summarized results, providing limited interpretation with the ability to convey both technical and non-technical concepts. 

• Develops, builds and maintains performance reporting to monitor overall portfolio and risk strategy performance.

• Understands and communicates the impact of credit risk management strategies, research and outcomes in support of initiatives and proposals, as aligned to key business, product and consumer drivers.

Basic Qualifications

• Bachelor's degree, or equivalent work experience

• 10 or more years of applicable experience

• Applicable certifications

Preferred Skills/Experience

• Advanced degree in business, computer science, economics, finance, or statistics strongly preferred

• Experience in credit developing credit risk strategies for underwriting or account management for unsecured lending

• Experience leading credit risk analytics teams for consumer unsecured lending products

• Advanced knowledge of SAS, SQL, R, Python, or other database programming languages strongly preferred

• Experience working with large datasets strongly preferred

• Effective verbal, written and presentation communication skills strongly preferred

• Effective technical report writing skills strongly preferred

• Ability to work independently with minimal guidance from manager

• Advanced understanding of the business line's operations, products/services, systems, and associated risks/controls

• Advanced understanding of applicable laws, regulations, financial services, and regulatory trends that impact their assigned line of business

• Proven ability to build and manage a team of business risk professionals who have credibility and work directly with business line management

• Strong knowledge of business risk competencies

• Effective skills in leadership and management of process, projects and people

• Well-developed analytical skills

• Strong verbal and written communication and interpersonal skills, planning and implementation skills and negotiation skills

• Effective skills at managing stressful situations

• Proficient computer navigation skills, particularly word processing, spreadsheet, databases, and presentations

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits: 

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours):

• Healthcare (medical, dental, vision)

• Basic term and optional term life insurance

• Short-term and long-term disability

• Pregnancy disability and parental leave

• 401(k) and employer-funded retirement plan

• Paid vacation (from two to five weeks depending on salary grade and tenure)

• Up to 11 paid holiday opportunities

• Adoption assistance

• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.