Credit Risk Collections Director
BlueChip Financial, United States
Job Description
As the strategy director for credit risk amp; collections, you and your team will set credit policy and a continuous monitoring routine with the primary objective of minimizing BCF’s credit losses. The ideal person for this role provides thought leadership and is also willing to get her hands dirty if the job requires it. This person would lead a key function, helping in the fast ramp-up of the product and collaborating closely with BCF’s data science, engineering, operations, and marketing teams. This is an exciting opportunity in a fast-paced organization where your contributions will have a meaningful impact on broadening access to financial products for underserved consumers.
- Hire and manage a team of experienced credit/collections policy and strategy professionals
- Provide guidance to team members on general fraud questions and procedures
- Develop and manage communication channels and information-sharing forums, including a central knowledge base, stakeholder updates, and leadership summaries
- Maintain portfolio quality by assisting in the underwriting of loans and in the development of loan modifications and strategies
- Own end-to-end analytics workflow, including defining success and performance metrics, socializing them across the organization, and creating actionable dashboards and reports
- Own analysis to evaluate effectiveness of current collections strategy (ex: models, rules, data sources), evaluate new credit data sources to identify opportunities for improvement.
- Drive efforts to evaluate and test new fraud data sources by leveraging data and analytics
Requirements
Basic Qualifications:
- Four-year college degree in a quantitative discipline such as Economics, Finance, Engineering, Math, Statistics, Business, Science or Computer Science
- Relevant college internship and work experience in an analysis discipline (such as business and data analytics, statistics, or consulting)
- 6+ years of Fraud/Risk Management experience
- Proven track record of people management, including experience managing nimble, distributed, multi-disciplinary teams
- Experience working at a hands on level with other groups like engineers, product managers, data analysts, and operations analysts in building operations processes and systems
Preferred Qualifications:
- 10+ years of experience in financial services, consulting, data science or risk management
Location and Travel
BCF is headquartered in Belcourt, North Dakota, with offices in Minneapolis, San Diego, and Atlanta. This position can be located at any of these offices. BCF expects a hybrid work environment with a two-day in-office policy. Travel should be relatively limited, around 1015% per month when needed.
Benefits
- The opportunity to help bring much-needed income and economic development to the Turtle Mountain Band of Chippewa Indians
- Competitive salary and performance bonuses
- Generous employee benefits plan, including robust healthcare plans, matching 401K, internet and cell phone line and data reimbursement, and four weeks of PTO
- Company-sponsored professional development and training opportunities
- A relocation package can be considered for the ideal candidate
About the Company
BlueChip Financial (d/b/a Spotloan.com) is a leading online direct lender founded in 2012 that utilizes advanced underwriting technology to provide short-term loans to Americans in need. BCF is wholly owned and operated by the Turtle Mountain Band of Chippewa Indians of North Dakota, a Federally-recognized Native American Tribe (the Tribe).
BlueChip Financial is an integral part of the Tribe’s economic development efforts, and it is an essential provider of employment opportunities on the Tribe’s reservation. Employment decisions at BCF are based on qualifications, ability, and merit. When qualifications are equal, candidates who are enrolled members of the Tribe will receive preference. After considering this preference, it is BCF’s policy to provide equal employment opportunity to all qualified persons without regard to race, color, religion, sexual orientation, age, disability, or national origin.