Senior Risk Analyst

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 senior risk analyst, you will use a risk/reward methodology to analyze Target Financial Services' (TFS) credit policies and strategy decisions. Using a variety of tools and techniques to perform statistical and financial analysis, you'll be gathering relevant internal and external data to create actionable decisions. In addition, you will implement credit policy and strategic initiatives through an adaptive control methodology leading to optimal performance. You'll disseminate results through reporting and present findings to senior management and affected business partners.

See Yourself

Developing and managing underwriting decisions for our VISA portfolio. This includes completing financial forecasts and post-event analysis for risk management strategies, and developing analytical models, profit and loss projections, and EVA and NPV calculations
Managing a small team of reporting technicians who create comprehensive, relevant standardized monthly reporting
Developing analytical models to analyze and segment guest behavior and the effectiveness of processes used to manage guest relationships
Managing large scale strategic projects across the organization to achieve corporate and risk management objectives
Performing complex qualitative and quantitative research on credit portfolios and developing strategic programs to optimize benefits to the company. This includes conducting proforma analysis of strategy proposals to determine the full financial impact on credit portfolios
Leading forecasting efforts to determine portfolio performance against baseline objectives and recommend policy changes to ensure financial goals are attained
Building strong partnerships across the company to facilitate credit policy and strategic solutions implementation
Communicating credit policy changes to the appropriate business partners and addressing resources and implementation concerns
Obtaining senior management approval on credit policy changes and ensuring compliance from all affected business partners
Leading initiatives to understand risk management software and data offered by vendors that can be integrated into the TFS business. This includes providing requirements for software and process enhancements needed to integrate credit policy into the business line and working closely with system administrators to ensure an appropriate adaptive control methodology is implemented
Documenting policies and procedures in the Risk Management Credit Policy Manual
Job Requirements

Minimum Requirements:

Undergraduate degree in math, statistics, economics or related quantitative discipline
6-8 years of bankcard experience
Experience developing, implementing and managing custom and bureau score based credit risk strategies
Strong analytic skills and experience
Proficiency with SAS, FOCUS, SQL or similar statistical modeling software
Proven leadership skills
Ability to work and contribute in a team environment
Ability to communicate clearly, both verbally and in writing, to a wide variety of audiences
Excellent organization and prioritization skills
Desired Requirements:

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



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