What sets Bank of the West apart from other banks is our team members–they embody the optimistic spirit of the West. There is a spirit here that drives us to do more. Our team of more than 10,000 employees is vital to the success of our Bank. They reflect our modern western values-straightforward, entrepreneurial and optimistic. We seek to create a corporate culture that fosters and rewards excellence, encourages creative thinking and respects diversity – an environment where team members are engaged, supportive of one another and enthusiastic about serving our customers. Bank of the West offers the stability of a company that has a 135 year history and is part of BNP Paribas, a European leader in global banking and financial services and one of the 6 strongest banks in the world. We offer opportunities across our diverse business lines – Retail Banking, Commercial Banking, National Finance, and Wealth Management.
Lead the evolution of the Consumer Bank’s lending practice to a more data and model driven environment for all retail and small business lending products which include Auto Finance, Credit Cards, Mortgages, Consumer Finance and BCS. This position reports to the Chief Consumer Credit Officer and the incumbent will be responsible for all modeling and analytics oversight for the consumer division, together with support for all risk initiatives (Risk Appetite, Cost of Risk, Etc.).
- Serve as the group’s primary liaison with Business Credit Risk for model oversight and for matters relating with MRMC.
- Evaluate the effectiveness of the new and current scorecards for all consumer products and drive the development of scorecards from both internal and external sources.
- Centralize and develop a roadmap for the effective use of analytic vendors and the enhancement of data/ data mining tools for Group Risk.
- Examine score cut-off strategies present and proposed for ensuring bad rate optimization.
- Ensures that industry, regulatory and other external analytics and modeling best practices are incorporated and leveraged within lending units.
- Enhance and centralize loss forecasting and Cost-of-Risk processes.
- Establish and serve as the Groups' "analytic review" functions to ensure uniform, high quality analytics tools and that reporting delivered consistently to business partners.
- Effectively manage and develop analytic staff (modeling, loss forecasting) and develop the necessary roadmap for the group to effectively support Group business heads, risk managers, and Corporate Risk.
- Performs other duties as assigned.
Ability to work effectively with Divisional Executives & the Corporate Risk Group, develop collaborative relationship with Senior and Executive management and obtain stakeholder buy-in.
Responsible for all analytics and model governance oversight, subject to the Chief Consumer Credit Officer review/approval.
Responsible for Group Modeling analytics & strategy recommendations, subject to Chief Consumer Credit Officer Review/approval.
Responsible for Department results through significant enhancement of Consumer Banks modeling and related analytics environment and reliance.
Required Education or Equivalent Experience
Bachelor’s degree in statistics or other quantitative subject required.
Master’s Degree in statistics or other quantitative subject required.
15 years or more of functional experience, in roles of increasing responsibility.
7 years or more of managerial or supervisory experience.
Field of Experience
Strategic and analytic planning and modeling skills
Exceptional relationship skills and collaborative approach in working with lines of business.
Extensive experience in Model governance oversight throughout various Lines of Business in Consumer banking.
Excellent verbal and written communication skills
Leadership Competencies/Personal Attributes:
Experience within a highly matrixed, collaborative environment is essential
Ability to effectively advise and communicate.
Strong strategic thinking skills
Displays high intellectual capacity, sound professional judgment and discretion to lead in complex, changing, and ambiguous environments
Communicates effectively with diverse groups and individuals - clearly conveys information and ideas and listens and responds appropriately to external vendors and individuals throughout the Bank including senior and executive management
Develops open, considerate, effective and productive working relationships with customers, external contacts, and individuals throughout Bank of the West
Displays advanced decision making and analysis skills - draws information and broad knowledge to make timely and logical decisions that provide practical solutions
Strong business acumen and problem solving ability
Business-minded, marketing focused and technology savvy.
Personal Ownership - Assumes responsibility for effectively meeting objectives, motivates self to get the job done, performs job duties in an organized, accurate and productive fashion, seeks out and is open to knowledge, ideas and feedback to improve effectiveness, and holds self-accountable for following policies, guidelines, and procedures
Professional Staff; will supervise a team of 5 or more professional staff
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities, duties and skills required of personnel so classified.
Bank of the West is an Equal Opportunity employer and proud to provide equal employment opportunity to all job seekers without regard to any status protected by applicable law. Bank of the West is also an Affirmative Action employer - Minority / Female / Disabled / Veteran.
Bank of the West will consider for employment qualified applicants with criminal histories pursuant to the San Francisco Fair Chance Ordinance subject to the requirements of all state and federal laws and regulations.