Risk Analyst II

See Yourself At Target Employing more than 270,000 team members in 47 states, we value creativity, diversity and collaboration in all its forms. From stocking our stores' shelves with fantastic products at great prices to a deep commitment to community giving, Target strives for excellence in every area.

Financial Services

You're right on the money. Our financial products and services drive sales, deepen guest relationships and sustain outstanding profitability.


Purpose

As a Risk Analyst II, you will use a risk/reward methodology to analyze Target Financial Services' (TFS) credit policies and strategy decisions.



See Yourself:

Having an in-depth understanding of internal product functionality and processes

Leading initiatives to understand risk management software and data offered by vendors that can be integrated into the TFS business

Performing complex qualitative and quantitative research on credit portfolios and developing strategic programs to optimize benefits to the company (enhance revenues, reduce losses, etc.)

Conducting performance analysis of strategy proposals to determine the full financial impact on the credit portfolios

Leading forecasting efforts to determine portfolio performance against baseline objectives and recommending policy changes that ensure financial goals are attained

Developing and monitoring risk baseline assignments, pricing and authorizations strategies

Providing requirements for software and process enhancements needed to integrate credit policy into the business lines

Building and maintaining strong partnerships with Collections, Marketing, Guest Services, Fraud, Legal, Business Systems and Finance to facilitate the implementation of credit policy and strategic solutions

Documenting Risk Management's policies and procedures in the Risk Management Credit Policy Manual

Communicating credit policy changes to the appropriate business lines and addressing resources and implementation concerns

Providing periodic presentations of analysis projects to peers and senior management




JOB REQUIREMENTS

MINIMUM REQUIREMENTS:

BS or BA degree

3-6 years of risk management or credit analysis experience within the financial services industry

Ability to work and contribute in a team environment

Excellent communication and organization skills

Related experience using SAS, Focus, Easytrieve, and/or SQL

Related experience using Microsoft Access, Excel, PowerPoint and Word

Experience working with large databases in a warehouse environment

Knowledge of adaptive control systems and test/control methodology

DESIRED REQUIREMENTS:

Graduate degree in math, statistics, economics, MBA or related quantitative discipline

Knowledge and experience using SAS Enterprise Miner, Knowledge Studio, SPSS or other Tree Regression software

Degree or aptitude in Accounting, Finance, Economics, Math, Computer Science or Statistics

Knowledge of Financial Accounting





See The Rewards

Eligible team members will receive one of the best earnings packages anywhere, including competitive pay, all-around insurance coverage, 401(k), flexible scheduling, training and development and many other perks and benefits. See a place of exciting challenges and rewards. See a place where you'll feel empowered to do something brilliant. See a place filled with creativity and unlimited opportunity. See a place where 'work' could easily be called play. To apply, visit our careers Web site at