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SEBA International Limited

Director of Global Portfolio Mgmt & Performance Analytics (AAR 67485)

Risk Area:	All Risk Areas
Job Category:	Managerial
Location:	Long Island City, NY
Salary Range:	Competitive
Job Type:	Permanent
Job Description:	The company is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the United States, Africa and Asia. The company has its headquarters in the UK and is one of the largest payment businesses providing credit cards for consumers and corporate clients as well as enabling retailers to take card payments. Today, the company is still the UK's most recognized brand, with 11.7 million customers. In addition, the organization is now a rapidly expanding global cards and lending business with 11.6 million customers outside of the UK and operations around the world. Currently the company is involved in nearly 50 US card partnerships. This position will be responsible for managing the organization responsible for the Credit Risk Portfolio Management functions of High Risk Accounts/ balance control, Fraud and Collections strategy. The responsibilities span the entire company cluster including all UK and Non-UK portfolios. All strategies and policies are developed and managed by the team.
Skills/Experience:	Technical Skills /Competencies - Risk Management Techniques and Analysis - Able to apply tools and techniques to manage credit and fraud - Working knowledge of statistical models and tools used in policies and segmentation - Knowledge and experience with risk management infrastructure - Knowledge and experience with all areas of the credit cycle and the linkages to macroeconomic environment and overall profitability - Able to lead, develop and retain a team of analytical talent and proactively keep their own specialist skills and knowledge at a leading edge standard in order to fulfill their role. - Vision & Direction – strong strategic thinker with good intellect and ability to generate innovative solutions. Deploys resources to genuinely add value for the business. Links business objectives to broader strategic goals - Advanced Team Leadership Skills – must have extensive people management skills on a number of levels, including senior management. Strong team player and team leader capabilities across multiple sites. - Advanced Commercial Awareness – deploys resources to genuinely add value for the business. Links business objectives to broader strategic goals - Advanced Communication and Influencing Skills – Undertakes communication to senior management across a range of business areas to influence business direction and decision making. Able to influence across the organization and in a matrix management environment. - Organizational Awareness – Ability to see the “whole picture” and recognize the impact and opportunities of activities across the organization - Taking Ownership - self starter who naturally assumes ownership of initiatives - Advanced Project Management – track record of delivering initiatives; effective skills, planning and prioritization skills Knowledge and Expertise Essential - Strong knowledge and experience in multiple areas of the credit cycle relative to the function of Risk Management - Solid understanding of all aspects of credit card business, loss drivers and profit and loss dynamics - Experience in building and deploying credit risk and fraud strategies - Strong skills in analysis, data gathering and interpretation - Budgetary management - Experience with credit reference agency and other applicable credit data Requirements specific to the role - Is rigorous about driving for benefits while managing risks - Manages the risk return trade-off - Passionate about data analysis and how this contributes to the business - Passionate about generating value for the business - Energetic and highly motivated; self-starter who naturally assumes responsibility for initiatives - Keen team player - Is a change agent in the business - Able to adapt quickly to a new environment and can rapidly assume a position of leadership - Able to present complex analytical concepts at all levels of the business - Is astute in understanding stakeholders and building support
Responsibilities:	Main purpose of the role is: - To deliver on the credit and fraud loss targets and budget for each of the SBU/portfolios of the company. In the process of managing these targets, develop opportunities and manage down risks to the loss targets. - Set overall vision and strategic plan for each of these functional risk areas so as to attain targeted performance and drive business performance - Develop strong working relationships with SBU Risk and Business partners, the company’s central risk functions, Group/ Risk, Finance, and Operations to ensure strategic alignment and manage change. - Incorporate the latest practices from the industry and introduce innovations to continuously improve our strategies. Maintain best-in-class practices, policies and performance. - Build a strong organization of managers and analyst for these CRO functions. Ensure that they work together synergistically. Develop talent and manage to high performance - Responsible for ensuring overall compliance with government regulations and company policies, Ensure that all appropriate governance processes are in place and followed. Key Accountabilities: Policy/ Strategy Development and Portfolio Analysis: - Manage teams to action the following: - Data mining and statistically based analysis to develop segmentation, policies and strategies - Employ actions to control risk specific to identified risk segments. Optimized targeting and actions to be applied - Use test vs. control methods to support new strategy development - Use all available data sources, statistical models and tools in the development of strategies - Continuous assessment of portfolio and strategy performance metrics. - Ongoing and Ad hoc responses to internal and external data/information requests (including regulatory) - Ensure that strategies and polices are aligned with the SBU’s overarching strategy and goals. - Review and approve strategies/ policy changes as appropriate - Set group strategic direction and key priorities Stakeholder and Senior Team Relationship Mgmt: - Cultivate strong working relationships cross-functionally and with credit operations to ensure alignment of priorities and to influence change/ improvement - Present performance results, initiatives and issues to key stakeholders and senior leaders. - Maintain strong relationship with the business to champion CRO initiatives, gain support and raise awareness of the group’s contributions - Manage expectations of senior managers. Work with them to gain support for policy changes, initiatives, project funding and strategy setting Team Leadership: - Create and articulate a compelling vision, incorporating strategic goals and short/medium term priorities. Inspire and drive high performance in individuals and team, enabling each team member to understand his/her role in team success. - Set clear, challenging objectives, and development plans. Monitor and review objectives with team members on a regular basis, providing the necessary support and resources. - Provide timely and constructive feedback and coaching to all team members. Proactively create and/or identify appropriate performance interventions for both high and low performers. - Develop bench strength for the wider risk mgmt team - Ensure strong 2-way communication with the entire team. - Act as a role model for leadership behaviours. - Strive for strong EOS results - Cost centre and resource management Governance and control: - Understand applicable regulations and industry practices. Understand how to work within the control framework while pushing the envelope with new policies. - Ensure governance and compliance risk controls are implemented and adhered to. Attest to adherence by the group. - Ensure that compliance gaps are quickly identified and remedial actions taken on a timely basis
Company/Agency:	SEBA International
Contact:	Robert M. Iommazzo Managing Partner Telephone: 212-370-7003 or +44 (0)207 625 7672 riommazzo@sebasearch.com Kristina Ng Associate Telephone:212-370-7014 or +44 (0) 207 625 7672 kng@sebasearch.com SEBA International 305 Madison Avenue, Suite 2130 New York, NY 10165 +1-212-370-7000 London: SEBA International Ltd. 67 Grosvenor Street London W1K 3JN UK email: riommazzo@sebasearch.com
Website:	www.sebasearch.com

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