Manager, Risk Portfolio

Cortex • Irving, TX

1d • Remote

About The Position

Cortex Management, LLC seeks Managers, Risk Portfolio to oversee improving the profitability of the portfolio with strategies that either reduce credit risk or increase revenue with innovative line and product strategies. This role involves managing a small team of analysts focused on driving improvements in portfolio profitability by reducing losses and increasing revenue. The position requires partnering with Marketing, Product, and Technology teams to achieve annual profitability goals. The Manager will utilize advanced statistical software to develop tree-based and regression models to minimize credit/fraud losses and maximize response and approval rates. They will use statistical and query tools such as SAS, SQL, or Python to analyze and propose Underwriting, Line Assignment, Fraud, and pricing strategies. The role includes presenting findings and making recommendations to the management team, designing and testing line assignment strategies to improve portfolio profitability, and recommending optimal line strategies that increase revenue and minimize losses, and implementing new strategies. The Manager will also interact directly with clients, providing recommendations and seeking their input on approach and outcomes.

Requirements

• Bachelor's degree in Business Administration, Statistics, or a related field (or the equivalent)
• 3 years of related experience
• 3 years of experience in Credit Risk Analysis and Underwriting
• 3 years of experience in Portfolio Risk Management
• 3 years of experience in Data Analytics and Model Implementation (SAS, SQL, or Python)
• 3 years of experience in Marketing Campaign Strategy and Execution
• 2 years of experience in Cross-Functional Collaboration
• 2 years of experience in Project Management
• 1 year of experience in Financial Modeling and Credit Rating
• 1 year of experience in Regulatory and Risk Compliance
• Authority to work permanently in the U.S.

Responsibilities

• Oversee improving profitability of the portfolio with strategies that either reduce credit risk or increase revenue with innovative line and product strategies.
• Manage a small team of analysts focused on driving improvements in portfolio profitability by reducing losses and increasing revenue.
• Partner with Marketing, Product and Technology teams to achieve annual profitability goal.
• Utilize advanced statistical software to develop tree-based and regression models to minimize credit/fraud losses and maximize response and approval rates.
• Use statistical and query tools such as SAS, SQL, or Python to analyze and propose Underwriting, Line Assignment, Fraud, and pricing strategies.
• Present findings and make recommendations to management team.
• Design and test line assignment strategies to improve portfolio profitability.
• Recommend optimal line strategies that increase revenue and minimize losses and implement new strategy.
• Interact directly with clients, providing recommendations and seeking their input on approach and outcomes.

What This Job Offers

• Job Type: Full-time
• Career Level: Manager