Credit Management Senior Analyst - Home Improvement Lending

Bread Financial•Chadds Ford Township, PA

1d•Hybrid

About The Position

The Credit Management Department plays a crucial role in facilitating profitable growth by managing the risk/reward tradeoff for various credit decisions throughout the lifecycle of an account. These touch points include, but are not limited to new account approval criteria, initial credit limit assignment, existing account credit line management, credit authorizations, card reissue, high-risk account management, marketing program credit qualification, and P&L delinquency and loss forecasting. Credit Management continuously develops and refines criteria in these areas by brand, product (cobrand, PLCC, installment loan), and channel. The team collaborates with business partners to achieve best-in-class profitability while adhering to industry regulatory guidelines. As a Senior Analyst, your responsibility is to ensure that the actions taken align with the department's goals.

Requirements

Bachelor’s Degree in Finance, Business, Economics, Mathematics, Statistics or quantitative field or related
5+ years analytical experience focusing on credit cards or other types of unsecured consumer lending and presentation experience

Nice To Haves

Master’s Degree in Finance, Business, Economics, or quantitative field or related or related
6+ years SAS/SQL, Python, R proficiency, credit card or other consumer lending experience.

Responsibilities

Develop and assess new account acquisition strategies to drive growth.
Analyze past performance to refine strategies and create new credit limit policies.
Generate detailed reports on key credit risk metrics to guide decision-making.
Address ad-hoc requests from internal stakeholders promptly and effectively.
Evaluate, research, and resolve various issues that arise.
Communicate clearly and build strong relationships with different departments.
Utilize SQL, SAS, Python, and R to create comprehensive reports.
Use data visualization tools like APT, Decision Trees, and Microsoft Office to present findings.
Share insights with Credit Risk Leadership, Brand Strategy, Client Partnership, and other key stakeholders.
Ensure all credit policies and procedures comply with regulatory requirements and internal standards.
Regularly review and update policies to reflect changes in regulations and market conditions.
Conduct risk assessments and audits to identify and mitigate potential compliance issues.

Benefits

Bread Financial offers medical, prescription drug, dental, vision, and other voluntary benefits (including basic and optional life insurance, supplemental medical plans, and short and long-term disability) to eligible associates (regular full-time associates scheduled to work 30 hours per week or more) and their spouses/domestic partners, and child(ren) under the age of 26.
New associate elected coverage begins on date of hire (with the exception of disability coverage which has a 6-month waiting period).
Six weeks of 100% paid parental leave for eligible parents is available after a 180-day waiting period.
Hired associates can immediately enroll in Bread Financial’s 401(k) plan.
All associates receive 11 paid holidays.
Associates have discretion in managing their time away from work through the Flexible Time Off (FTO) program and may need to notify and receive approval from their manager prior to taking the time off.
Associates (except those located in Illinois) receive 80 hours of Paid Sick and Safe Time (“PSST”) upon hire and at the beginning of each subsequent calendar year.
Illinois associates receive 40 hours of Illinois PSST upon hire and at the beginning of each subsequent calendar year and 40 hours of Illinois Paid Leave upon hire and at the beginning of each subsequent calendar year.
Illinois Paid Leave must be used before associates in Illinois will be approved to take FTO.
Hired associates will be able to elect the purchase company stock during offering periods in June and December.
You will be eligible for an annual incentive bonus based on individual and company performance.