Credit Risk Portfolio Analyst

Job Summary:   Design, deploy and monitor transactional portfolio risk strategies for new credit card accounts for the purpose of optimizing application decisioning, credit lines and augmenting acquisition strategies to maximize profitability and spend.


 


Primary Responsibilities:


? Apply statistical techniques to optimize, create and maintain effective credit decision strategies for new applications processed through Point of Sale (POS).


? Analyze targets for pre-approved customer mailings offering credit card products to optimize charge off risk with spend opportunities.


? Apply statistical techniques to analyze and optimize credit line assignment methods for new and existing customers on all credit card products.


? Use statistical analyses to better understand customer behavior and develop solutions to minimize risk of charge off while maximizing spend opportunities.


? Create and maintain accurate reporting of risk variances and trends with analysis for recommended adjustments to controls and models.


? Develop, monitor, and test risk behavior scorecards and risk management tools.


? Define performance metrics that measure the effectiveness of portfolio risk strategies on applications for new accounts and respond to ad hoc risk issues.


? Monitor and evaluate performance of credit behavioral support systems utilizing external scoring, management software packages or programs to aid in portfolio management.


 


Minimum Qualifications:


? Bachelor?s degree in business, math, statistics, economics or related quantitative discipline or equivalent combination of related education and experience is required.  Master?s degree in related quantitative discipline is preferred.


? Proficiency in use of analytical packages used to analyze customer databases (SAS, SPSS, etc.) is required.  Mastery in use of analytical packages used to analyze customer databases is preferred.


? Minimum of three years of portfolio risk experience in credit card lending or a related industry with demonstrated ability


in transaction-based quantitative analysis and/or scoring is required.  Over five years of portfolio risk experience including one year of credit/fraud call center experience is preferred.


? Working knowledge of Microsoft (MS) in a Windows environment with an advanced level of proficiency in word processing (Word), spreadsheet (Excel), presentation (PowerPoint) and database (Access) is required.


? Ability to design and code complex SQL queries.


? Strong oral and written communication and presentation skills.


? Ability to apply analytical, computer, statistical and quantitative problem solving skills.


? Ability to lead group discussions and explain complex solutions cross-functionally.





 


 


The information on this description has been designed to indicate the general nature and level of work performed by employees within this classification.  It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.


 


We are an Equal Opportunity Employer committed to providing a culturally diverse workplace.


 


Nordstrom Bank is an Equal Housing Lender.


 


No Visa Sponsorship available for this position