What are the responsibilities and job description for the Lead Product Financial Analyst position at Credit One Bank?
Description
Lead Product Financial Analyst
Position Summary
We are currently looking for a Lead Product Financial Analyst to join Credit One's Products Team. This is a hybrid financial analysis/data science position. The Products team is responsible for profitably expanding our product line with innovative credit card offerings, while also managing our existing products to meet financial hurdles. In this role, you will play a key role in evaluating the financial viability of our newest credit card products, partnerships, and business opportunities.
Essential Job Functions
Lead Product Financial Analyst
Position Summary
We are currently looking for a Lead Product Financial Analyst to join Credit One's Products Team. This is a hybrid financial analysis/data science position. The Products team is responsible for profitably expanding our product line with innovative credit card offerings, while also managing our existing products to meet financial hurdles. In this role, you will play a key role in evaluating the financial viability of our newest credit card products, partnerships, and business opportunities.
Essential Job Functions
- Evaluate the financial viability of new products, partnerships, and new business opportunities
- Build P&Ls to forecast account performance, revenues, and costs related to new products/portfolios
- Analyze, review and provide recommendations to improve and streamline financial models, reports, and analyses prepared by others
- Utilize database tools to manage, manipulate and analyze large sets of financial information
- Perform ad-hoc analysis as requested, primarily related to anomaly detection, investigation, and explanation
- Recognize where existing products are not meeting expectations, recommend and implement enhancements
- Develop business financial strategies to bring new products to market
- Assess opportunities to acquire credit card portfolios
- Manage product profitability to meet financial hurdles
- Share findings in PowerPoint presentations with conclusions and recommendations for senior management
- Collaborate with key stakeholders from across the bank
- Bachelor's degree in Finance, Economics, Computer Science, Mathematics, Statistics or related field
- 7 years relevant work experience in a similar role in a professional corporate environment
- Advanced knowledge of financial analysis and profitability drivers
- Advanced demonstrable use of at least one of the following: SQL Server, Oracle, or SAS
- Advanced excel skills and the ability to build, understand, and follow complex financial models and P&Ls
- Proficient in financial data modeling, data mining, econometrics, and statistical procedures
- Strong verbal, written and interpersonal skills
- A willingness to take ownership of the role and a keen ability to partner with senior management to understand their needs and drive solutions from start to finish
- Comfortable working collaboratively as part of a small team on a day-to-day basis
- Exceptionally detail oriented and analytically savvy
- Capable of preparing & delivering accurate and logical presentations in PowerPoint
- Advanced degree
- Consumer credit card industry experience