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Vice President - Acquisitions Strategy

6801 S Cimarron Rd, Las Vegas, NV 89113, USA Req #457
Tuesday, November 3, 2020

Credit One Bank, N.A. is a data-driven financial services company based in Las Vegas. Founded in 1984, Credit One Bank offers a spectrum of credit card products for people in all stages of financial life. One of the fastest-growing credit card providers in the United States, Credit One Bank offers credit cards through the Visa®, Mastercard® and American Express® networks. Credit One Bank is the Official Credit Card of NASCAR®, the Las Vegas Raiders, the Vegas Golden Knights, and Best Friends Animal Society, and is a proud partner of WWE and Six Flags®. Learn more at CreditOneBank.com and on social media (@CreditOneBank) on FacebookInstagramTwitterYouTube, and LinkedIn.

 

We are looking for highly qualified professionals at our state-of-the-art, corporate headquarters in Las Vegas, NV. In addition to providing our card members with superior value and service, we are dedicated to providing engaging and challenging career opportunities for our employees. As a member of the Credit One Bank team, we’ll help you be your best and support you so you can reach your full potential.

Position Summary

 

This position is a part of the Risk Management department.  Our risk professionals are tasked with identifying revenue opportunities and risk trends by monitoring the performance of our existing portfolio, growth opportunities, and general market trends. We develop and implement strategies for account origination, credit line increases, authorizations, collection, fraud, retention, and the sale of revenue based products.

 

Summary of Essential Job Functions

 

  • Evaluate opportunities for new product offerings and develop business strategy to bring products to market.
  • Generate acquisition market expansion opportunities.
  • Leverage alternative data to increase approval rates and expand marketable universe.
  • Collaborate with Marketing and other Risk teams to design and execute tests across all origination channels.  
  • Transform acquisitions and strategic decisioning infrastructures with an emphasis on enhanced flexibility and speed to market.
  • Prepare financial projections on acquisition programs.
  • Advise on strategic decisions to ensure alignment with performance hurdles.
  • Forecasting of account performance, revenues, and costs
  • Evaluate business opportunities to assess expected performance against baselines/targets
  • Interact with senior management and business owners
  • Provide oversight to monthly, quarterly and annual reporting to provide insight into the profitability performance trends. 
  • Ensure the work/projects done by the acquisition team translate to bottom line impact
  • Provides analytical support to ensure the company goals are met.
  • Anticipate issues based on knowledge of industry trends and propose solutions.
  • Oversee the implementation of new portfolio and strategic management tools for new areas of acquisition and portfolio expansion.

 

Position Requirements

 

  • 7 – 10  years of relevant experience
  • 5+ year’s analytical experience in Banking, Finance, or related industry.
  • Strong Knowledge of financial analysis, credit reporting and profitability drivers.
  • 4 year degree in quantitative area such as accounting, business administration, finance, mathematics, economics or a minimum of 2 years of college-level business or statistical classes and equivalent industry experience.
  • 4+ years advanced use of at least one of the following: Microsoft Access, SQL Server, Oracle, or SAS.
  • Strong communication skills and political savvy.
  • Self-starter, who can work independently with a high degree of organization on several projects at one time.
  • Must have well developed organizational and prioritization skills, with the ability to manage multiple and sometimes competing priorities.
  • Position requires excellent written and oral communication skills, and the flexibility, and ability to thrive in a fast-paced, rapidly changing, highly complex environment.
  • Demonstrated strong analytical, conceptual and quantitative problem-solving skills.
  • Sound project management skills.
  • Advance knowledge of Microsoft Office (Excel, Word, PowerPoint, Visio).

Credit One Bank, N.A. is an equal opportunity at will employer and does not discriminate against any employee or applicant for employment because of age, race, religion, color, disability, sex, sexual orientation or national origin.

Credit One Bank does not accept unsolicited resumes from agencies and is not responsible for related fees.

Other details

  • Pay Type Salary
  • 6801 S Cimarron Rd, Las Vegas, NV 89113, USA