VP, Data Science

General Summary Elevate is a leading online lending platform specializing in providing small dollar loans to individuals and businesses. Our mission is to offer accessible and responsible financial solutions through innovative technology and personalized service. As we continue to grow our operations, we are looking for a dynamic and strategic Vice President of Credit Risk Management to join our leadership team. Principal Duties and Responsibilities Strategic Leadership Develop and execute a comprehensive credit risk management strategy aligned with the company's growth objectives. Stay abreast of industry trends, competitive practices, and regulatory changes to inform strategic decisions. Collaborate with the executive team to integrate credit risk considerations into overall business strategy. Portfolio Performance Help design and monitor portfolio reports, dashboards, and KPIs that allow executive management to measure portfolio profitability. Develop and maintain a strong relationship with Marketing, IT, Legal/Compliance and other functions to ensure alignment of Risk Management initiatives with Company objectives. Work with internal risk partners to improve the efficiency and effectiveness of the end-to-end programs for each business. Analyze the expected risk impacts and profitability of new products/Marketing channels. Make recommendations and execute strategy enhancements to improve profitability through creative Risk Management solutions. Work with product and marketing to set goals on different financial levers (first pay defaults, fund rates, cost of acquisition, profitability, etc). Innovation and Technology Integration Champion the adoption and integration of innovative technologies that enhance risk assessment processes, such as AI and data analytics tools. Explore opportunities to improve customer experience and operational efficiency through technology solutions. Team Leadership and Development Lead and mentor a high-performing risk management team, promoting a culture of innovation, accountability, and collaboration. Foster talent development and ensure team members have access to the training and development they need to excel. Regulatory Compliance and Governance Ensure all credit risk management practices are compliant with relevant laws and regulations. Collaborate with legal and compliance teams to develop risk policies and procedures that align with best practices and regulatory requirements. Stakeholder Engagement Build strong relationships with internal and external stakeholders, including executives, product teams, and regulatory bodies. Present credit risk strategies and findings to the board and senior leadership in a clear and compelling manner. Experience and Education Qualifications: Master's degree in Finance, Business Administration, Economics, or a related field; PhD preferred. 10+ years of experience in credit risk management within the financial services or online lending industry. Proven track record of strategic leadership and driving high-impact initiatives successfully. Strong expertise in credit risk modeling methods, including experience with machine learning techniques. Excellent understanding of regulatory requirements and best practices in credit risk management. Exceptional analytical skills, with the ability to synthesize complex data and make informed decisions. Proven ability to drive innovation using technology and data analytics. Strong interpersonal and communication skills, with the ability to influence at all levels of the organization. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr