Strategic Leadership
- Develop and implement a comprehensive credit risk management strategy that supports the company’s growth objectives.
- Monitor industry trends, competitive practices, and regulatory changes to guide strategic decision-making.
- Collaborate with the executive team to embed credit risk considerations into overall business strategy.
- Design and oversee portfolio reports, dashboards, and KPIs to measure portfolio profitability and risk performance.
- Build and maintain strong cross-functional relationships with Marketing, IT, Legal/Compliance, and other teams to align risk management initiatives with business objectives.
- Partner with internal risk teams to optimize the efficiency and effectiveness of end-to-end risk programs.
- Evaluate risk and profitability of new products and marketing channels, recommending and executing strategies to enhance performance.
- Collaborate with Product and Marketing teams to establish targets for key financial levers, including first-pay defaults, funding rates, acquisition costs, and overall profitability.
- Lead the adoption of innovative technologies, including AI and advanced data analytics, to strengthen risk assessment processes.
- Identify opportunities to enhance customer experience and operational efficiency through technology-driven solutions.
- Lead, mentor, and inspire a high-performing risk management team, fostering a culture of accountability, collaboration, and innovation.
- Promote professional growth by ensuring access to training and development resources for team members.
- Ensure all credit risk practices comply with applicable laws, regulations, and industry standards.
- Work closely with Legal and Compliance teams to develop policies and procedures aligned with best practices and regulatory requirements.
- Cultivate strong relationships with internal and external stakeholders, including executives, product teams, and regulatory authorities.
- Communicate credit risk strategies, insights, and recommendations to the board and senior leadership clearly and persuasively.
- Master’s degree in Finance, Business Administration, Economics, or a related field; PhD preferred.
- Minimum of 10 years of experience in credit risk management, preferably in financial services or online lending.
- Proven track record of strategic leadership and delivering high-impact initiatives.
- Deep expertise in credit risk modeling, including machine learning and advanced analytics techniques.
- Comprehensive knowledge of regulatory requirements and best practices in credit risk management.
