Loss Forecasting Manager

Location

Wilmington, DE (preferred) / NYC alternate

$125K - $145K/Year

Candidate should have significant experience in US credit card industry, in Loss forecasting or Credit Policy strategy space. Candidate should demonstrate good communication skills, working with various clients and the ability to clearly articulate forecasts, reasons for forecasts and how they tie to recent trends and macro-economic conditions.

• Ability to deliver clear, structured, and concise summaries of complex situations for senior stakeholders
• Consulting-style articulation is essential – distilling what happened, why it matters, and what actions are recommended
• Strong emphasis on credit policy integration, ensuring recommendations align with established frameworks.
• Skilled in synthesizing key insights into crisp narratives and executive-ready presentations

• Should be conversant with maturation, impact of policy change on loss trajectory

Variance Analysis:
Project and track actuals, explaining variances against the forecast including underlying drivers of change

Model Incorporation:
Work with a range of models, including vintage-driven, stochastic and challenger orthogonal models

• Manages the overall engagement with team of 4-5 members
• Expected to be 50% individual contributor, handling coding, Excel modeling and deck preparation
• Strong proficiency in vintage models, roll rate models, and stochastic time series models
• Must work in office at least 4 days a week – Wilmington, DE preferred, NYC alternate
• US credit cards experience in credit risk