Senior Manager - Credit Risk - PL- Digital Lending

Job Purpose: Responsible for analyzing and managing delinquency metrics for the personal loans portfolio, performing customer segmentation, and developing loss reduction strategies with a focus on business growth while maintain risk guardrails. Leverage Machine Learning (ML) and Artificial Intelligence (AI) solutions to automate portfolio monitoring, loss prediction models, which are fed into policy creation and pricing strategies. Principal Accountabilities: Analyze delinquency metrics and portfolio performance trends to identify areas of concern and opportunities for improvement. Develop and implement strategies to mitigate credit losses and optimize portfolio profitability. Build and maintain credit risk models, including loss forecasting and stress testing. Collaborate with cross-functional teams, including product, technology, and operations, to implement risk management initiatives. Monitor and report on the effectiveness of credit risk strategies and make recommendations for adjustments as needed. Stay abreast of industry best practices and regulatory requirements related to credit risk management. Key Responsibilities: Portfolio Performance Monitoring: Monitor the performance of the personal loan portfolio, including delinquency rates, loss rates, and charge-off rates. Analyze trends and identify drivers of portfolio performance. Develop and implement strategies to improve portfolio performance. Credit Risk Modeling: Develop and maintain credit risk models, including loss forecasting and stress testing models. Validate model performance and ensure model accuracy. Use credit bureau data, internal portfolio performance data, and macroeconomic data to develop and maintain credit risk models. Credit Policy and Strategy: Develop and implement credit policies and strategies to manage credit risk. Develop and implement pricing strategies to optimize portfolio profitability. Collaborate with other teams to align credit risk strategies with business objectives. Strategy and Execution: Develop, test and execute complex strategies to minimize credit risk and loss. Drive strategic projects for the digital lending vertical. Work cross-functionally across multiple teams to align strategies and policies to drive positive impact on the business. Drive process and system improvements with automation and efficiency in mind. Understand and assess impact of new product features and regulatory requirements. Regulatory Compliance: Ensure compliance with all applicable regulations, including the Fair Credit Reporting Act (FCRA) and the Equal Credit Opportunity Act (ECOA). Develop and implement policies and procedures to ensure compliance. Work with internal and external auditors to ensure compliance. Team Leadership: Lead and develop a team of credit risk professionals. Provide guidance and mentorship to team members. Foster a collaborative and high-performance work environment. Skills and Experience: Bachelor's or Master's degree in a quantitative field such as finance, economics, mathematics, or statistics. 8+ years of experience in credit risk management, with a focus on personal lending. Strong understanding of credit risk principles, including credit scoring, loss forecasting, and stress testing. Experience with credit risk modeling techniques and tools. Experience with data analysis and reporting tools. Strong analytical and problem-solving skills. Excellent communication and interpersonal skills. Ability to work independently and as part of a team. Experience with Machine Learning (ML) and Artificial Intelligence (AI) techniques. Experience with digital lending platforms. Experience with regulatory compliance. Demonstrated leadership skills and experience in managing a team. Experience with SQL, Python, or R. Demonstrated experience in strategy and execution. Benefits: Competitive salary and benefits package. Opportunity to work in a fast-paced and dynamic environment. Opportunity to make a significant impact on the company's growth. Opportunity to work with a talented and experienced team. Opportunity for career advancement. 401(k) plan with company match. Health, dental, and vision insurance. Paid time off and holidays. Employee assistance program. Professional development opportunities.