Credit Card Acquisition Risk Strategy Manager

Huntington Bancshares - Chicago, IL

Full-time - Mid Level

Hybrid - Chicago, IL

1,001-5,000 employees

Management of Companies and Enterprises

About the position

The Credit Card Acquisition Risk Strategy Manager plays a crucial role in the quantitative development and monitoring of Huntington Bank's consumer card credit strategies aimed at acquiring new accounts. This position is responsible for formulating strategies related to initial customer and prospect targeting, account approvals, and the assignment of initial credit lines. The manager will ensure that the ongoing credit mix for new accounts aligns with established loss and risk-adjusted return portfolio targets, thereby maintaining the financial health of the credit card portfolio. In this role, the manager will have comprehensive oversight of all consumer credit card new account origination credit strategies. This includes not only the development of these strategies but also segment-level reporting and change management activities. The manager will lead the development of quantitative analyses that aim to enhance Huntington's credit card loss and risk-adjusted return results. This involves planning, executing, presenting, implementing, monitoring, and redeveloping strategies as necessary. Additionally, the manager will be responsible for the development and maintenance of champion-challenger tests across various approval and line assignment strategies, ensuring regular reporting of results to senior management. Continuous interaction with key business partners, including Credit Administration, Underwriting, Fraud, Model Risk Management, Product, and Legal/Compliance, is essential to advance business priorities and ensure alignment across departments.

Responsibilities

• Oversee all consumer credit card new account origination credit strategies, including strategy development and segment-level reporting.
• Lead the development of quantitative analysis to improve credit card loss and risk-adjusted return results.
• Plan, execute, present, implement, monitor, and redevelop credit strategies as necessary.
• Develop and maintain champion-challenger tests across various approval and line assignment strategies.
• Regularly report results of strategies to senior management.
• Interact continuously with key business partners to advance business priorities.

Requirements

• Bachelor's degree in a relevant field.
• 5+ years of Risk Management experience in the financial services industry.
• Fluency in SQL, SAS, or comparable coding experience.

Nice-to-haves

• Familiarity with automated decision engines such as Zoot, Power Curve, or Strategy Manager.
• Previous analytical experience in the Card industry with an understanding of credit card P&L and credit risk management best practices.
• Master's Degree in Statistics, Business Analytics, or comparable coursework.

Benefits

• Hybrid work environment
• Equal opportunity employer
• Tobacco-Free Hiring Practice