Medallion Bank
Overview
At Medallion Bank we finance fun! We are an industrial loan bank that provides consumer loans for recreational vehicles, boats, home improvement, and loan origination services to fintech partners. We work with thousands of dealers, contractors and financial service providers serving customers across the United States. Medallion Bank is a small company with a big impact and a culture that values employees. How You Will Support The Team
Senior risk officer responsible for credit underwriting and credit risk management across Recreation Lending, Home Improvement Lending, and Strategic Partnerships. Work closely with the Lending teams, Portfolio Management, Data Analytics, Product Management and Finance to shape credit programs to ensure loan quality, competitiveness and predictable performance. Launch new credit programs as needed. What We Are Looking For
Lead the Bank’s consumer credit team, with dotted-line reporting relationships to Home Improvement underwriters and Recreation loan officers. Own the credit performance of various portfolio types, including consumer installment, credit card and commercial lending portfolios. Facilitate safe and effective growth and profitability within our markets and niches. Build, review and refine the Bank’s consumer underwriting models, leveraging advanced statistical modeling and data science in partnership with the Data Analytics team. Proactively monitor and adjust the Bank’s credit policies based on performance and risk trends across all portfolios and risk segments. When risk segments are identified, collaborate with Finance to ensure proper ACL reserving. Evaluate and monitor the credit underwriting and credit models employed by Strategic Partners in their lending programs, ensuring proper oversight and risk management. Enhance underwriting and risk documentation, working with Strategic Partners on model validation and governance, and reporting performance to senior management, Partner management, and external stakeholders (such as the parent company). Work with Data Analytics to acquire data sets to improve model development, credit practices, and reduce risk of loss (including fraud loss) in held portfolios. Work with Product Management to improve underwriting granularity and automation while ensuring sound risk controls. Represent the Bank’s credit capabilities, vision and risk appetite to partners, employees and customers. You would be a GREAT fit with these skills
Deep understanding of consumer credit underwriting across the credit spectrum, both secured and unsecured. Skilled in statistical modeling techniques used for compliant consumer credit models, plus model risk management knowledge to keep models valid and predictive. Demonstrated leadership skills suitable for senior management and board interactions. Expertise in Excel, SQL, and strong programming and data analytics experience in R or Python. Preferred Level of Experience
10+ years of experience in bank and/or fintech credit risk management. A bachelor’s degree in finance, business, economics, statistics or mathematics is required. An advanced statistical background is strongly preferred. A proven track record of managing credit risk across consumer installment, subprime lending, consumer credit card and sponsor/partner credit products. What’s in it for YOU?
Comprehensive benefits including medical, dental, vision, disability, and life insurance 401K with a company match PTO including 11 paid holidays, vacation time and sick time Financial Wellness Program Volunteer Opportunities Awesome company culture and co-workers who love to work here Work Life Balance – We don’t use that term lightly Company Wide Open Door Policy Please note that if selected, you are required to pass a pre-employment background check and maintain a clear background. Employment specifics
Seniority level: Executive Employment type: Full-time Job function: Finance and Sales Industries: Banking Note: This description reflects the current responsibilities and requirements and is not a contract of employment. EEO statement and related legal language may apply per company policy.
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At Medallion Bank we finance fun! We are an industrial loan bank that provides consumer loans for recreational vehicles, boats, home improvement, and loan origination services to fintech partners. We work with thousands of dealers, contractors and financial service providers serving customers across the United States. Medallion Bank is a small company with a big impact and a culture that values employees. How You Will Support The Team
Senior risk officer responsible for credit underwriting and credit risk management across Recreation Lending, Home Improvement Lending, and Strategic Partnerships. Work closely with the Lending teams, Portfolio Management, Data Analytics, Product Management and Finance to shape credit programs to ensure loan quality, competitiveness and predictable performance. Launch new credit programs as needed. What We Are Looking For
Lead the Bank’s consumer credit team, with dotted-line reporting relationships to Home Improvement underwriters and Recreation loan officers. Own the credit performance of various portfolio types, including consumer installment, credit card and commercial lending portfolios. Facilitate safe and effective growth and profitability within our markets and niches. Build, review and refine the Bank’s consumer underwriting models, leveraging advanced statistical modeling and data science in partnership with the Data Analytics team. Proactively monitor and adjust the Bank’s credit policies based on performance and risk trends across all portfolios and risk segments. When risk segments are identified, collaborate with Finance to ensure proper ACL reserving. Evaluate and monitor the credit underwriting and credit models employed by Strategic Partners in their lending programs, ensuring proper oversight and risk management. Enhance underwriting and risk documentation, working with Strategic Partners on model validation and governance, and reporting performance to senior management, Partner management, and external stakeholders (such as the parent company). Work with Data Analytics to acquire data sets to improve model development, credit practices, and reduce risk of loss (including fraud loss) in held portfolios. Work with Product Management to improve underwriting granularity and automation while ensuring sound risk controls. Represent the Bank’s credit capabilities, vision and risk appetite to partners, employees and customers. You would be a GREAT fit with these skills
Deep understanding of consumer credit underwriting across the credit spectrum, both secured and unsecured. Skilled in statistical modeling techniques used for compliant consumer credit models, plus model risk management knowledge to keep models valid and predictive. Demonstrated leadership skills suitable for senior management and board interactions. Expertise in Excel, SQL, and strong programming and data analytics experience in R or Python. Preferred Level of Experience
10+ years of experience in bank and/or fintech credit risk management. A bachelor’s degree in finance, business, economics, statistics or mathematics is required. An advanced statistical background is strongly preferred. A proven track record of managing credit risk across consumer installment, subprime lending, consumer credit card and sponsor/partner credit products. What’s in it for YOU?
Comprehensive benefits including medical, dental, vision, disability, and life insurance 401K with a company match PTO including 11 paid holidays, vacation time and sick time Financial Wellness Program Volunteer Opportunities Awesome company culture and co-workers who love to work here Work Life Balance – We don’t use that term lightly Company Wide Open Door Policy Please note that if selected, you are required to pass a pre-employment background check and maintain a clear background. Employment specifics
Seniority level: Executive Employment type: Full-time Job function: Finance and Sales Industries: Banking Note: This description reflects the current responsibilities and requirements and is not a contract of employment. EEO statement and related legal language may apply per company policy.
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