Director Credit Risk

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves.

Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation.

Find competitive benefits from financial and education to well-being and beyond at

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

The Financial Products and Services team aspires to create and lead the future of FP&S that elevate every Guest experience and drive Target’s long-term profitable growth. We manage and evolve financial products and services that strengthen guest loyalty, simplify financial experiences, and fuel Target’s growth. Our Circle Card team owns the day-to-day servicing and strategies associated with your Target Circle Debit, Target Circle Credit Card and Co-Branded Target Circle Mastercard Credit Card products.

As a Director Credit Risk, you’ll create and execute strategies to manage the risk and underwriting of Target’s Circle Credit Card and Co-Branded Target Circle Mastercard Credit Products by leading a team of highly quantitative data analysts. By leveraging your analytic skills and industry knowledge, you will partner with various internal and external stakeholders to execute the vision and goals for the underwriting team and ensure those are met.

You will own all aspects of strategy and model development including data analysis, segmentation, predictive analytics, requirement generation, validation and ongoing reporting and validation. You will be responsible for tracking portfolio performance and recommending changes to credit models, credit score cut-offs, credit limit assignment, current account management strategies and other credit risk policies based on analysis and experience. Through partnership with internal teams such as Collections, Finance, Operations, and Fraud Prevention;

combined with external partners such as our issuing and co-brand partners and various external service providers, you will design solutions to mitigate portfolio risk and losses while driving sales and loyalty to Target. Utilizing your strong communication skills, you will articulate the benefits and trade-offs of your strategies to internal partners and senior leaders as well as external partners such as TD Bank and federal regulators.

We’ll support you along the way with robust onboarding, as well as personal and career development, to help you grow as a strong Director Credit Risk. The exciting part of retail? It’s always changing!

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.

A seasoned credit risk leader with 10+ years of relevant financial services experience

Deep knowledge of predictive analytics and statistical techniques, specifically in full-credit credit card consumer lending

Strong project management, written and verbal communication skills, with the ability to influence leaders and clearly articulate risk/benefit analyses

Proven ability to build strong, long-lasting relationships with key internal and external partners to drive end-to-end thinking and business results at a rapid pace

MS in Economics, Statistics, Engineering, Computer Science, or related field preferred

This position may be considered for a Remote or Hybrid (known internally at Target as "Flex for Your Day") work arrangement based on Target's needs. A Remote work arrangement means the team member worksfull-time…