Director of Loss Prevention Analytics

OneMain (Formerly Springleaf & OneMain Financials) - Wilmington, DE

Full-time - Director

Wilmington, DE

Credit Intermediation and Related Activities

About the position

We are seeking a Director of Loss Prevention Analytics to join our Collection Analytics leadership team. The candidate will build a team of analysts and be responsible for leveraging advanced analytics to identify and mitigate risks across our consumer finance operations. This includes advanced portfolio analytics, expertise in adjacent markets and the regulatory landscape, development of targeted experiment and monitoring processes, and ultimate ownership of several business strategies that have a material impact on OneMain's financial performance. This is an exciting opportunity to join a growing team that has developed strong partnerships and working relationships with other key functional areas such as Operations, Finance, and Technology. Additional responsibilities include driving a new agenda containing elements of transformation, optimization, and continued research and development. This ideal candidate will possess the analytics background and strategic acumen to direct a function that draws strategic insights from data using database and statistical analysis tools to inform decisions and support the company's overarching strategic goals relative to loss prevention. They can be successful leading various types of functions or initiatives across multiple disciplines of our business. They bring new ways of thinking, data sources, technologies, and capabilities to our business.

Responsibilities

• Lead the development and implementation of advanced analytics models to identify potential risks within our consumer finance operations.
• Analyze data from multiple sources to generate actionable insights and recommendations for improving loss prevention strategies.
• Collaborate with cross-functional teams to develop and implement loss prevention strategies that align with our business objectives.
• Evaluate existing processes and systems to identify opportunities for optimization and enhancement.
• Monitor key performance indicators (KPIs) and metrics to track the effectiveness of loss prevention initiatives.
• Proactively identify emerging risks and develop strategies to mitigate potential threats to our business.
• Communicate findings and recommendations to senior leadership and other stakeholders through clear and concise presentations and reports.
• Collaborate with internal teams, including Compliance, Operations, and Finance, to ensure alignment of loss prevention efforts with company policies and regulations.
• Stay informed about industry trends, best practices, and emerging technologies in loss prevention and analytics.
• Lead initiatives to continuously improve and innovate our loss prevention capabilities and processes.

Requirements

• Bachelor's Degree in a quantitative discipline (Engineering, Statistics, Economics, Business Management or Computer Science)
• 8+ years of experience in financial services driving informative risk decisions through analyses; Master's or PHD degrees may offset experience
• 4+ years of leadership experience, building and prioritizing teams and objectives based on company strategy
• Advanced analytical skillset using tools such as SAS, SQL, R, Python
• Innovative and capable of developing creative solutions to complex, data-driven problems

Benefits

• Health and wellbeing options including medical, prescription, dental, vision, hearing, accident, hospital indemnity, and life insurances
• Up to 4% matching 401(k)
• Employee Stock Purchase Plan (10% share discount)
• Tuition reimbursement
• Paid time off (15 days' vacation per year, plus 2 personal days, prorated based on start date)
• Paid sick leave as determined by state or local ordinance, prorated based on start date
• Paid holidays (7 days per year, based on start date)
• Paid volunteer time (3 days per year, prorated based on start date)