Sr. Risk Analyst

Dallas | Las Colinas Irving, TX 75063, USA Description Cortex Management LLC d/b/a Cortex seeks Sr. Risk Analysts in Irving, TX. Establish, maintain, and revise underwriting strategies by conducting statistical and other data mining analyses on data including portfolio history, credit & alternate data and credit & fraud models developed by decision sciences team. Understand statistical techniques including linear/logistic regression, CART, and CHAID. Establish, maintain, and analyze various Key Performance Indicators that reflect the unit economics and underlying portfolio profitability including Revenue & Yield rates, Charge-offs and loss rates, Recovery, Customer Acquisition Costs (CAC). Develop portfolio review materials on a periodic basis that captures key trends against benchmarks and analyze respective variance. Communicate to senior management and other credit committee members the key trends and general portfolio health. Analyze and recommend optimal product parameters including loan amounts, interest rates and term based on target economics and performance metrics. Co-ordinate with the internal F.b/c: Understanding business teams including marketing, product, decision sciences, and technology teams to implement the relevant portfolio strategies including marketing and underwriting strategies, credit policy and loss mitigation strategies. - Co-ordinate and participate in devising long term portfolio strategies with the credit, marketing, product and loss mitigation teams. Develop testing framework, expectations on key metrics and analyze/measure against the key metrics, portfolio tests typically include loan offers, underwriting strategies, account management strategies including credit line increases, loan refinance and amendment programs. Present findings and make recommendations to Credit committee and portfolio management teams. Developing strategies to optimize consumer strategy, primarily marketing and risk strategies with the intent to maximize unit economics, reduce defaults (losses) and increase the scale of the portfolio. Requires a Master’s degree in Statistics, Business Analytic, Operations Research, or a related field plus 2 years of related experience. Requires 2 years of experience in highly quantitative roles developing and recommending strategies using quantitative methods and justification; utilizing statistical techniques including decision tree, logistic regression, hypothesis testing; Financial Services, Risk Management, or Lending; SAS or R or Python or SQL, and Excel. This is a hybrid role with two in‑office days per week at our Irving location. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor. #J-18808-Ljbffr