What are the responsibilities and job description for the Credit Card Risk and Analytics Manager position at First Horizon?
Location: On site at location listed in job posting.
Summary
The Credit Card Risk and Analytics Manager will lead, plan, and direct the credit risk modeling and analytics function including, credit risk strategy development, implementation and maintenance of the scorecards for the Credit Card Line of Business. The role will be responsible for optimizing underwriting strategies for all Consumer Credit Card asset types. Plan and direct credit risk modeling efforts to include design and build of custom scorecards across the lending life cycle and optimization of credit line allocations/assignments.
Responsibilities
- Lead development and ongoing management of credit risk models for underwriting, scoring, account management, models to optimize credit card lending decisions
- Oversee the development, implementation, and use of credit scoring models and account management strategies
- Execute development of credit line assignment models to minimize risk exposure while maximizing net income, and profitability models that allow for optimization of the various trade-offs to achieve the business goals.
- Maintain thorough knowledge of credit bureau data, tools and initiatives and how they may be leveraged to improve credit decisions
- Responsible for the First Line of Defense for credit card risk
- Develop and implement new/updated policies, procedures, goals and priorities as necessitated by demands, changing conditions, and/or management request
- Manage and lead the simulation and optimization of credit policy decisions utilizing various profit/loss scenarios to ascertain current/future financial impact; make appropriate recommendations
- Maintain understanding of business direction, environment and strategies and work closely with stakeholders to ensure analytic output addresses business needs
- Sets, monitors and maintains Risk KPI/KRIs and contributes to ongoing Risk Reporting and Risk Committee meetings as needed
- Performs all other duties as assigned
Requirements
- Bachelor (4-year college) degree and 5 years of experience
- Knowledge of Credit Scoring and Credit Card Scorecard models
- Knowledge of Credit Risk management, asset/liability management and/or mathematic modeling
- Microsoft Office suite and experience in the use of statistical modeling software
- High levels of initiative, sound judgment, and demonstrated tact in communication and conflict resolution.
- Ability to work independently and credibly across cross-functional teams, effectively engaging with associates at all levels and external partners.
About Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
Benefit Highlights
• Medical with wellness incentives, dental, and vision
• HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match
• More -- FirstHorizon.com/First-Horizon-National-Corporation/Careers/Our-Benefits
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