Business Manager-Personal Loans Collections Strategy

Discover Financial
United States
Workplace: OnsiteFull timeUSD 149,800 - 171,000 annuallyFunction: Strategy & Corporate DevelopmentExperience: 3+ yearsEducation: bachelorsSkills: ["Leadership","Coaching","Data-driven decision-making","Strategic problem-solving","Executive communication"]

Lead the Personal Loans collections strategy team, defining and executing “cradle-to-grave” strategies that optimize portfolio performance and drive P&L. Manage and develop a small team of analysts while partnering with Modeling, Operations, Finance, IT, Sales, and Product to deliver scalable solutions. Own product and pricing strategy, credit risk model improvements, and rigorous testing to advance credit performance, customer experiences, and strategic reporting to senior leadership.

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FursaFursa
Discover Financial
Discover Financial
4 weeks ago

Business Manager-Personal Loans Collections Strategy

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Last checked: 3 hours agoStatus: Live

Job Summary

Lead the Personal Loans collections strategy team, defining and executing “cradle-to-grave” strategies that optimize portfolio performance and drive P&L. Manage and develop a small team of analysts while partnering with Modeling, Operations, Finance, IT, Sales, and Product to deliver scalable solutions. Own product and pricing strategy, credit risk model improvements, and rigorous testing to advance credit performance, customer experiences, and strategic reporting to senior leadership.
Location: United States
Workplace: Onsite
Employment Type: Full time
Job Function: Strategy & Corporate Development
Seniority: Manager level

Key Responsibilities

  • •Develop and execute cradle-to-grave collections strategies to optimize portfolio performance and drive P&L.
  • •Lead, coach, and develop a team of analysts (may manage 1–2 analysts).
  • •Create and implement product and pricing strategies, including product-level modeling/analytics.
  • •Drive credit risk improvements by building risk models and testing hypotheses via monitoring and analysis.
  • •Manage and sequence business intent delivery by overseeing multiple concurrent programs and partnering across IT, Sales, Operations, and Finance.

Pay and Benefits

Salary: USD 149,800 - 171,000 annually

Key Requirements

  • •At least 3 years of professional experience performing analysis.
  • •Bachelor’s Degree in a quantitative field (or pursuing one) with completion by the scheduled start date.
  • •Master’s Degree in a quantitative field (or MBA with quantitative concentration).
  • •2+ years of experience in financial services.
  • •2+ years of experience in people management.
Experience:3+ yearsFinancial servicesCredit riskLending
Education:Bachelor's in quantitative field (e.g., Business, Finance, Accounting, Statistics, Economics, Operations Research, Analytics, Mathematics, Computer Science/Engineering, Information Systems)
Skills:LeadershipCoachingData-driven decision-makingStrategic problem-solvingExecutive communication

Eligibility

Work Authorization:Sponsorship available.

Company Brief

Discover Financial
Provides consumer banking products, credit cards, personal loans, and payment services through the Discover brand. It operates a major U.S. financial network and serves individuals and merchants with lending and digital payment solutions.
Industry: Retail Banking
Company Size: Enterprise (1,001+ employees)
Revenue: USD 10M to 25M
Growth: Public Company
Valuation: Public Company (Market Cap in USD)
Funding: IPO / Publicly Listed
Headquarters: Riverwoods, United States
Founded: 1985
WebsiteLinkedIn