Senior Consumer Credit Risk Management Leader

2 weeks ago


Chicago, Illinois, United States Mitchell Martin Inc. Full time

Position Overview:

Mitchell Martin Inc. is seeking a highly skilled Senior Manager - Consumer Credit Risk Review to oversee critical assessments within the financial services sector.

Key Responsibilities:

  • Formulates a comprehensive Consumer Credit Review strategy utilizing a risk-oriented methodology, executing thorough evaluations across various consumer lending products, including credit cards, home equity loans, and personal loans. This involves conducting a risk analysis of the entire portfolio and collaborating with credit strategy teams to address any identified risks.
  • Engages with business stakeholders, executive leadership, governance committees, and regulatory bodies to effectively communicate Consumer Credit Review outcomes and analytical insights in a precise and articulate manner.
  • Establishes and sustains independent credit risk portfolio reporting for all consumer lending products.
  • Creates, oversees, and maintains reporting frameworks for consumer credit risk appetite, tolerance levels, and thresholds, ensuring alignment with consumer credit strategies and their impact on enterprise profitability.
  • Develops and upholds credit risk oversight protocols, policies, and procedures in line with the overarching Corporate Risk Management framework.
  • Contributes to departmental and organizational management initiatives aimed at attracting and nurturing talent, providing ongoing feedback, coaching, and training to team members to foster their professional growth.

Minimum Qualifications:

  • Master's Degree in Statistics, Economics, Engineering, Finance, or a related quantitative discipline.
  • A minimum of 8 years of experience in Statistics, Economics, Engineering, or a related quantitative field, including relevant internships or research experience.
  • Extensive experience in the credit card or related financial services industry may be considered in lieu of a degree.

Preferred Qualifications:

  • Ph.D. in Statistics, Economics, Engineering, Finance, or a related quantitative discipline.
  • 10+ years of experience in Statistics, Economics, Engineering, or a related quantitative field, including relevant internships or research experience.
  • Over 10 years of experience in credit review, credit risk management, or internal audit functions related to credit risk at a large financial institution.
  • Proficiency in statistical software such as SQL, SAS, Python, or other tools for extracting and analyzing complex consumer and transaction-level data on large-scale data and cloud computing platforms.


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