What are the responsibilities and job description for the Director, Credit Risk Management position at LendingPoint?
Job Title : Director, Credit Risk Management
Reports To : SVP, Risk Management
FLSA Status : Exempt
Department : Risk
JOB SUMMARY : Responsible for leading the strategy, development, and execution of sophisticated credit and pricing initiatives for consumer and commercial lending portfolios. This role is integral to managing credit losses, enhancing profitability, and shaping the company's mission to advance financial inclusion and access to responsible credit. Will drive end-to-end engagements, from ideation and advanced analytics to implementation and oversight. Will serve as a strategic thought leader, collaborating with cross-functional teams and influencing key business decisions.
ESSENTIAL JOB FUNCTIONS :
- Strategic Leadership :
Define and execute the vision for credit and pricing strategies that enable real-time, data-driven lending decisions for thousands of borrowers monthly.
Build and communicate robust business cases for new risk solutions and data strategies, providing comprehensive evaluations and recommendations.
Partner with designated teams to implement analytical solutions into production and ensure alignment with organizational goals.
Monitor and report credit performance trends, providing data-driven insights to inform swift business decisions.
Act as a mentor and leader to team members, fostering professional growth and ensuring the team remains at the forefront of credit risk management best practices.
MINIMUM QUALIFICATIONS : To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the minimum knowledge, skill, and / or ability required.
MBA degree is a plus.
COMPETENCIES :
PHYSICAL DEMANDS
While performing the duties of this job, the employee is regularly required to stand, walk, reach, and sit for a minimum of 8 hours with or without reasonable accommodation. The employee is required to use hands to finger, handle, or feel objects and / or tools. The employee is required to talk or hear with or without reasonable accommodation and must sometimes lift and move up to 10 pounds.
WORK ENVIRONMENT While performing the logistics duties of this job, the employee is frequently exposed to moderate noises such as computers, printers, and other light traffic noise in an office setting.
This role is in-office. Remote work may be performed from a pre-approved location, as arranged, and scheduled by team management and approved by department leadership.
OTHER DUTIES
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change or be supplemented at any time with or without notice.
