What are the responsibilities and job description for the Manager, Risk Portfolio position at Cortex?
Cortex Management, LLC seeks Managers, Risk Portfolio in Irving, TX.
- Oversee improving profitability of the portfolio with strategies that either reduce credit risk or increase revenue with innovative line and product strategies.
- Manage a small team of analysts focused on driving improvements in portfolio profitability by reducing losses and increasing revenue.
- Partner with Marketing, Product and Technology teams to achieve annual profitability goal.
- Utilize advanced statistical software to develop tree-based and regression models to minimize. Credit/fraud losses and maximize response and approval rates.
- Use statistical and query tools such as SAS, SQL, or Python to analyze and propose Underwriting, Line Assignment, Fraud, and pricing strategies.
- Present findings and make recommendations to management team.
- Design and test line assignment strategies to improve portfolio profitability.
- Recommend optimal line strategies that increase revenue and minimize losses and implement new strategy.
- Interact directly with clients, providing recommendations and seeking their input on approach and outcomes.
Requires a Bachelor's degree in Business Administration, Statistics, or a related field (or the equivalent) plus 3 years of related experience. Requires 3 years of experience in the following: Credit Risk Analysis and Underwriting; Portfolio Risk Management; Data Analytics and Model Implementation (SAS, SQL, or Python); and Marketing Campaign Strategy and Execution. Requires 2 years of experience in Cross-Functional Collaboration and Project Management. Requires 1 year of experience in the following: Financial Modeling and Credit Rating; and Regulatory and Risk Compliance. 100% Telecommuting permitted.
Must also have authority to work permanently in the U.S. Applicants who are interested in this position may apply at www.jobpostingtoday.com (Ref #76976)) for consideration.