at Barclays in Wilmington, Delaware, United States
Job Description
Credit Strategy & Loss Forecasting Lead Wilmington, DE
As a Barclays Credit Strategy & Loss Forecast Lead, you will position leads development of underwriting and line assignment strategies leveraging bureau data, application data, alternative data, partner data and other new data sources. You will use your expertise for strategy implementation and validation, and partner level performance tracking for both internal and external reporting. In addition, you will be in charge of the Loss forecasting for New and Renewal Deals. Barclays is one of the world’s largest and most respected financial institutions, with 329 years of success, quality and innovation behind us. We’ve helped millions of individuals and businesses thrive, creating financial and digital solutions that the world now takes for granted. An important and growing presence in the USA, we offer careers providing endless opportunity. What will you be doing? • Develop and monitor customized acquisition underwriting and initial line assignment process • Evaluating potential new opportunities by creating loss forecast for both portfolios and new acquisitions for potential new partners and renewing partner • Evaluating new data and partner data sources for underwriting and line assignment strategies using statistical analysis techniques • Work with Segment / Strategic Analytics / Decision Science staff to ensure project completion within agreed time frames and end-client satisfaction • Ensure effective implementation of the strategies • Analyze, validate, track, and monitor delivered projects What we’re looking for: • Graduate studies, Masters or PhD preferred but not required (quantitative disciplines) • 4+ years of analytical experience in financial services industry; credit card experience preferred • 4+ years of experience with SAS/SQL or other relevant statistical tools • Experience in developing credit strategies in a lending product, preferably credit card Skills that will help you in the role: • Strong analytical, technical and statistical skills with proven ability to process vast amounts of data into meaningful information • Strong knowledge of SAS / SQL, Hadoop and Excel • Good communication skills, with the ability to present information clearly, in both written and verbal form • Previous experience in Financial Services Industry and Credit Risk Management, preferably in the Retail/private label card products Where will you be working? Barclays’ Wilmington campus includes two beautiful buildings located along the historic Wilmington Riverfront. A glance out our windows reveal a scenic look at the Christina River, along with a growing riverfront community of luxury apartments, shops, and restaurants. Additionally, the Wilmington train station is a short walk away making travel from New York and Washington, DC convenient.