VP, Consumer Credit Oversight and Review
Welcome to Discover Financial Services, where we are dedicated to helping our customers achieve financial success. We are currently seeking a highly experienced and strategic leader to join our team as the VP of Consumer Credit Oversight and Review. In this role, you will be responsible for overseeing the credit risk management processes and strategies for our consumer credit portfolio. We are looking for a candidate with a strong background in credit risk management and a proven track record of driving results. If you are a dynamic leader with a passion for consumer credit and a desire to make a positive impact, we encourage you to apply for this exciting opportunity.
- Develop and implement credit risk management strategies for our consumer credit portfolio.
- Monitor and analyze credit risk metrics and trends to identify potential risks and opportunities for improvement.
- Ensure compliance with regulatory guidelines and company policies related to consumer credit.
- Review and approve credit risk policies, procedures, and underwriting guidelines.
- Lead a team of credit risk analysts and oversee their day-to-day activities.
- Collaborate with other departments, including finance, marketing, and operations, to develop and execute comprehensive risk management plans.
- Conduct regular audits and reviews of credit processes to identify areas for improvement and implement necessary changes.
- Provide guidance and support to business leaders on credit risk management strategies and decisions.
- Stay informed about industry trends and best practices in consumer credit risk management.
- Prepare and present reports on credit risk management performance to senior leadership.
- Analyze and assess the effectiveness of credit risk management strategies and make recommendations for improvement.
- Foster a culture of continuous improvement and innovation within the credit risk management team.
- Develop and maintain strong relationships with external stakeholders, such as credit rating agencies and regulatory bodies.
- Ensure timely and accurate reporting of credit risk metrics to senior leadership and relevant committees.
- Participate in company-wide initiatives and projects to improve overall financial success and customer satisfaction.
Extensive Experience In Consumer Credit Oversight And Review: Candidates For This Role Should Have A Strong Background In Consumer Credit, Including Experience In Developing And Implementing Credit Policies, Conducting Risk Assessments, And Managing Credit Portfolios.
Knowledge Of Regulatory Compliance: As A Vp Of Consumer Credit Oversight And Review, It Is Crucial To Have A Thorough Understanding Of Relevant Regulations And Compliance Requirements, Such As The Fair Credit Reporting Act And The Consumer Financial Protection Bureau Guidelines.
Leadership And Team Management Skills: This Position Requires Leading A Team Of Credit Analysts And Risk Management Professionals, So Candidates Should Have Experience In Managing And Developing Teams, As Well As The Ability To Effectively Communicate And Collaborate With Cross-Functional Stakeholders.
Analytical And Problem-Solving Abilities: The Vp Of Consumer Credit Oversight And Review Will Be Responsible For Identifying And Addressing Potential Credit Risks, So Candidates Should Have Strong Analytical Skills And The Ability To Make Data-Driven Decisions.
Strategic Thinking And Decision-Making Skills: Discover Financial Services Is A Dynamic And Fast-Paced Organization, And The Vp Of Consumer Credit Oversight And Review Will Need To Have The Ability To Think Strategically And Make Sound Decisions In A Constantly Evolving Business Environment.
Risk Management
Process Improvement
Strategic Planning
Data Analysis
Problem Solving
Financial Modeling
Credit Analysis
Performance metrics
Portfolio Management
Team Leadership
Regulatory compliance
Credit Policy
Communication
Conflict Resolution
Emotional Intelligence
Leadership
Time management
creativity
Teamwork
Adaptability
Problem-Solving
Decision-making
According to JobzMall, the average salary range for a VP, Consumer Credit Oversight and Review in Riverwoods, IL 60015, USA is between $173,000 and $205,000 per year. Salaries may vary depending on factors such as the specific company, years of experience, and individual qualifications.
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Discover Financial Services, Inc. is an American financial services company that owns and operates Discover Bank, which offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards. It also owns and operates the Discover and Pulse networks, and owns Diners Club International.
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