Vice President, Data Science

Merrick Bank • South Jordan, UT

1d

About The Position

The Vice President of Consumer Lending Analytics is a high-visibility executive leadership role responsible for driving growth and improving risk-adjusted returns for Merrick Bank’s Recreational business, which offers secured installment loans through dealer partners for RVs, boats, trailers, and other products. The Vice President leads a cross-functional team of data scientists and business analysts, including people leaders and individual contributors, and drives improvements in credit strategy, verification strategy, pricing, valuations, collections, and recoveries.

The role aligns resources across business line partners, finance, legal, compliance, second line credit risk, technology, and external vendors to launch initiatives that advance business priorities and meet the needs of partners and end customers. The preferred location is South Jordan, Utah, though a hybrid or remote work model or another location may be considered at the hiring manager’s discretion.

The position also has responsibility for effective control policies and procedures within its area of oversight, including maintaining compliance with the Bank’s policies, applicable laws and regulations, and communicating operational problems or violations.

Requirements

• Bachelor’s degree in a quantitative field, such as Business, Economics, Finance, Statistics, Engineering, Math, or Sciences.
• Ten or more years of experience using data-driven analysis to inform business or product strategy.
• Five or more years of people leadership experience.
• Demonstrated success with progressively increasing scope and responsibility.
• Strong communication skills and the ability to present to C-suite leadership.
• Proficiency with SQL or a scripting language such as Python or R.
• Proficiency with Microsoft Office tools such as Excel and PowerPoint.
• Ability to develop cross-functional relationships and get work done across departments.
• Experience with credit policy and/or pricing strategies.
• High curiosity, learning agility, initiative, and willingness to roll up one’s sleeves.

Nice To Haves

• Experience in consumer financial services or fintech, particularly with indirect and/or secured lending products.
• Experience overseeing the development and launch of machine learning models in a lending business.
• Familiarity with consumer financial services regulations.

Responsibilities

• Lead, motivate, and develop a cross-functional team of people leaders and individual contributors, fostering high performance, learning and development, and associate engagement.
• Optimize credit policies, including approval and decline criteria, policy limits, verification requirements, and risk model implementations.
• Develop, monitor, and interpret key performance indicators and financial metrics to manage the P&L and support strategic decision-making.
• Oversee the roadmap and delivery of data science initiatives, such as credit risk underwriting models, for the Consumer Lending businesses.
• Conduct data-driven analyses and market research to identify product enhancements, pricing adjustments, and partner and customer experience improvements that support profitability and market positioning.
• Evaluate internal policies and external solutions to improve customer income and employment verification.
• Build relationships and collaborate with business line partners, finance, legal, compliance, second line credit risk, technology, and external vendors to coordinate and implement strategic initiatives.
• Perform other duties as assigned by senior management.
• Maintain ethical standards, sound judgment, and confidentiality.
• Develop, document, communicate, maintain, and enforce effective control system policies and procedures within the area of oversight.
• Update policies and procedures in a timely manner when operating conditions change or breakdowns or noncompliance arise.
• Comply with the Bank’s internal control policies and procedures and applicable laws and regulations.
• Communicate operational problems, code-of-conduct or legal and regulatory noncompliance, policy violations, and illegal acts.

Benefits

• Competitive pay, including a bonus target or variable pay incentive program.
• Medical, dental, and vision coverage.
• 401(k) plan with company match.
• Short- and long-term disability insurance.
• Wellness programs.
• Group life and AD&D insurance.
• Paid vacation, sick days, and bank holidays.
• Employee engagement activities, including Employee Appreciation Day, DEI Employee Resource Groups, Corporate Social Responsibility, and service recognition.

What This Job Offers

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