• Senior Analyst - Loss Mitigation

    Job ID
    2018-2701
    Address
    7700 Windrose Ave.
    City
    Plano
    State
    TX
  • Overview and Responsibilities

    Republic Finance is seeking Sr. Analysts for the Loss Mitigation Strategy and Analytics team. This is a key role with significant and broad responsibilities. This role will report to the Head of Loss Mitigation Strategy and Analytics and be a member of a 3-4 person team with substantial opportunity for future growth within the company in concert with driving business expansion. As a team-member responsible for developing Collections strategies and managing Loss Mitigation performance, you will be a key thought leader on all Collections strategies and decisions and have significant input into all loss mitigation decisions and delinquency performance. You will work closely with operations, Branch managers, and internal/external partners to collaborate on broader strategic initiatives and shape the direction and growth of the overall business in a collaborative dynamic team environment. Strategic decisions will require balancing growth, risk and profitability. Job responsibilities are as follows:

    • Develop best-in-class loss mitigation products that provide our consumers with solutions to their current financial situations while minimizing portfolio risk. Maintain transparent communication and trust with all key stakeholders.
    • Continuously challenge and enhance loss mitigation policies and scorecards through analysis of customer behavior data and sophisticated statistical and financial modeling. 
    • Maintain a rigorous performance monitoring framework and associated management dashboards that readily highlight areas of confidence and areas in need of further evaluation for resolution of concerns or exploitation of opportunities. 
    • Establish a robust infrastructure and plans that prudently test and learn loss mitigation and collections strategies. Similarly enable efficient diagnosis of root cause for variance from performance expectations.
    • Develop and maintain a robust economic framework that will serve as the foundation for business decision-making.
    • Ensure loss mitigation policy remains compliant with all applicable laws and regulations.

    Qualifications

    • Experience of 2-4 years in the unsecured credit space including credit cards or installment lending at a sophisticated issuer of unsecured revolving and term loans
    • Familiarity with loss mitigation and collections strategies, loss forecasting, and collections KPI’s
    • Strong communication and presentation skills, leadership skills, a high level of initiative, intellectual curiosity and creativity, and a robust understanding of the consumer lending business that includes the various facets of a specialty lending operation
    • Bachelor’s degree in a technical discipline is required, advanced degree is preferred
    • 1+ years of experience in SQL querying

    Benefits

    We offer a competitive compensation and benefits package including: 

    • Health/Dental/Vision
    • Paid Vacation
    • 401 (K) and employer match
    • Company provided Life Insurance & Long Term Disability

    Additional benefits with Republic include:

    • Regular drawings for sports tickets
    • Employee of the Month Program
    • Philanthropic support for charities such as Juvenile Diabetes Research Foundation and the American Cancer Society
    • Professional offices with a friendly team environment

     

    Republic Finance, LLC is an Equal Opportunity Employer and does not discriminate on the basis of race, sex, color, religion, national origin, age disability or veteran status in employment opportunities and benefits. Republic Finance, LLC maintains a Drug-Free Workplace.  

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