VP Risk Management- Loss Forecasting

JOB SUMMARY: Responsible for supporting loss forecast, and monitoring and reporting of the portfolio and borrowing programs. Accountable for providing analytical support related to the Company's capital needs, investors, and funding partners. Drive the organization forward by preparing various internal and external financial reports and presentations and participating in meetings and strategy associated with our capital markets partners and investors.

ESSENTIAL JOB FUNCTIONS:

• Manage credit performance for our credit facilities through loss forecast, profitability analysis and provide timely information to management team.
• Develop and present materials for Asset-Backed Securities (ABS) investors, credit facilities, rating agencies, and banking partners.
• Create and maintain reports and dashboards to forecast concentration limits and trigger levels within our credit facilities.
• Support the periodic due diligence and audit requirements for all credit facilities and external financing partners including working with banks, audit firms, and internal LendingPoint resources.
• Oversee and manage the process of forecasting potential losses for the entire portfolio, ensuring accurate projections.
• Utilize MySQL, Domo, Tableau, or other data management or database systems to drive data-centric strategic solutions to management inquiries.
• Serve as the primary business owner responsible for the development, management, and delivery of key internal management reports and external due diligence presentations.
• Collect and research data; design workflows and procedures; identify data relationships and dependencies.
• Provide strategic guidance and support on capital markets initiatives that directly impact the firm's liquidity position.
• Collaborate with internal engineering and product teams to implement automation solutions into production.

MINIMUM QUALIFICATIONS: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the minimum knowledge, skill, and/or ability required.

• Bachelor’s degree in a quantitative or related field (e.g., Mathematics, Data Science, Statistics, Economics, Finance, etc.) from an accredited college or university, preferred.
  • MBA degree is a plus.

• 10+ years of credit risk management experience, financial services or FinTech industry experience preferred.
• 10+ years of experience leveraging large, complex datasets for driving business decisions.
• Comprehensive knowledge of consumer credit risk trends and first part and third-party fraud risks.
• Advanced in SQL, Python / R, Tableau, Excel, and PowerPoint.
  
  

COMPETENCIES:

• Customer Service: Exceptional attitude and a passion for providing outstanding service to internal customers.
• Attention to Detail:  Thoroughness in accomplishing a task through concern for all the areas involved, no matter how small. Monitors and checks work or information and plans and organizes time and resources efficiently
• Analytical Skills: Collects and researches data; Designs workflows and procedures; Identifies data relationships and dependencies.
• Communications: Exhibits good listening and comprehension. Expresses ideas and thoughts in verbal and written form. Keeps others adequately informed. Selects and uses appropriate communication methods. 
• Managing People: Develops subordinates’ skills and encourages growth; provides direction and guidance; reacts well under pressure; motivates others to perform well and exhibits confidence in self and others.
• Problem Solving: Ability to solve issues efficiently and quickly. 
• Relationship Management: Manages interactions to service and support the organization; establishes credibility with all interactions.
• Teamwork: Contributes to building a positive team spirit. Exhibits objectivity and openness to others' views.

SUPERVISORY RESPONSIBILITY
This position is responsible for supervision of the employees in the Risk department.

PHYSICAL DEMANDS
While performing the duties of this job, the employee is regularly required to stand, walk, reach and sit for a minimum of 8 hours with or without reasonable accommodation. The employee is required to use hands to finger, handle, or feel objects and/or tools. The employee is required to talk or hear with or without reasonable accommodation and must sometimes lift and move up to 10 pounds.

WORK ENVIRONMENT
While performing the logistics duties of this job, the employee is frequently exposed to moderate noises such as computers, printers, and other light traffic noise in an office setting.

This role is in-office. Remote work may be performed from a pre-approved location, as arranged, and scheduled by team management and approved by department leadership.

OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change or be supplemented at any time with or without notice.