Director Credit Risk - Collections Strategy; Remote Or Hybrid

Overview

The pay range is $ - $. Pay is based on several factors which vary based on position, including labor markets and, in some cases, education, work experience and certifications. Target offers eligible team members and their dependents comprehensive health benefits and programs, such as 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

About Target

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.

Financial Products and Services – We aspire to create and lead the future of FP&S that elevates Guest experience and drives 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. The Circle Card team owns the day-to-day servicing and strategies associated with Target Circle Debit, Target Circle Credit Card and Co-Branded Target Circle Mastercard Credit Card products.

Role Overview – Director Credit Risk Collections will create and execute strategies to manage the Collections business of Target’s Circle Credit Card and Co-Branded Target Circle Mastercard Credit Products by leading a team of highly quantitative data analysts. You will partner with internal and external stakeholders to execute the vision and goals for the collections team and ensure they are met.

You will own all aspects of strategy, P&L, and model development including data analysis, segmentation, predictive analytics, requirement generation, validation and ongoing reporting and validation. You will track portfolio performance and recommend changes to collections strategies and share learnings to refine underwriting credit strategies and models based on analysis and experience. You will design solutions to mitigate portfolio risk, minimize losses, and enhance recoveries while driving loyalty to Target.

You will articulate the benefits and trade-offs of your strategies to internal partners, senior leaders and external partners. We provide onboarding and career development to help you grow as a Director Credit Risk Collections leader. The exciting part of retail is that it’s always changing.

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

About You

• Four-year degree
• A seasoned credit risk collections leader with 10+ years of relevant financial services experience
• Deep knowledge of predictive analytics and statistical techniques, specifically in full-credit card consumer lending
• Strong project management, written and verbal communication skills, with the ability to influence leaders and clearly articulate risk/benefit analyses
• Experience directly leading a team
• Proven ability to build strong, long-lasting relationships with 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  needs. A Remote work arrangement means the team member works full-time from home or an alternate location that  not a Target location, does not have a desk at a Target location and may travel to HQ up to 4 times a year.

A Hybrid/Flex for Your Day work arrangement means the team member  core role may be performed either remote or onsite at a Target location depending upon what your role, team and tasks require for that day. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target.

Benefits Eligibility

Please visit the Benefits page to learn about eligibility for this role:

Americans With Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.acc Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.