Director, Analytics Model Validation and Reporting

Company: Credit Acceptance Corporation
Location: Southfield
Posted on: February 22, 2021

Job Description:

Director, Analytics Model Validation and Reporting Credit Acceptance is proud to be an award-winning company! Our history of excellence and growth has resulted in many exciting career opportunities. For the 7th year in a row, we have been named one of Fortune Magazine's 100 Best Companies to Work For. Our team members have created a world-class culture that promotes a positive workplace and drives us to succeed, making us one of the largest used car finance companies nationally. Our IT and Analytics Team Members utilize the latest technology to develop, monitor, and maintain complex practices that help optimize our success. Our Team Members value being challenged, are encouraged to express their ideas, and have the flexibility to enjoy work life balance. We build intrinsic value by partnering with all functions of our business to support their success and make strategic business decisions. We focus on professional development and continuous improvement while enjoying a casual work environment and Great Place to Work culture!The purpose of the Director, Analytics Model Validation and Reporting position is to perform ongoing assessment of the model risk management framework with respect to regulatory guidelines and expectations; perform comprehensive reviews and ongoing assessments of statistical models. Outcomes and Activities:

• Perform Model Risk analysis:
  • Asses the conceptual soundness of the models
  • Evaluate the model assumptions and assess the model theory
  • Identify, examine, and quantify model limitations highlighting the impact of potential deficiencies and weaknesses
  • Assess the input parameters
    • Perform model validation and model risk governance
    • Review model implementations
    • Create monitoring for the implemented models
    • Assist with Internal/External Audits summarized descriptions of the models, validation results and additional supporting documentation Knowledge and Skills:
      • Have knowledge of modeling tools and methods
      • Act promptly and effectively when assigned tasks
      • Excellent verbal and written communication and interpersonal skills
      • Work well with others in a team environment
      • Be proactive and make recommendations as opportunities arise
      • Self-motivated and able to perform with minimal supervision Requirements:
        • Bachelor's degree or higher
        • A minimum of 5 years working experience in a quantitative environment
        • Extensive practice (5 years+) in model development and validation
        • Experience with SAS and SQL
        • Experience in technical writing with respect to modeling and auditing Preferred:
          • Experience in the consumer lending industry, with some preference given to automobile finance experienceTargeted Compensation: $172, 900 - $201, 700 This position is not currently open to individuals who require sponsorship now or in the future to work legally for Credit Acceptance, such as H-1b / H-4 or F-1 OPT visa holders. INDCS#zipOur Company Values:
            To be successful in this role, Team Members need to demonstrate the characteristics of PRIDE in their work:
            • Positive: Maintain a positive attitude by focusing on solutions and promoting a collaborative and enjoyable environment.
            • Respectful: Value teamwork, share successes, appreciates others and communicates in a way that promotes trust.
            • Insightful: Make timely well considered decisions, create innovative solutions and continuously learn.
            • Direct: Communicate clearly and objectively; don't be afraid of difficult conversations. Raise concerns through the proper channels.
            • Earnest: Be honest, sincere and consistent. Work hard and pursue our goals together relentlessly.--Expectations:
              • Work onsite at the assigned Credit Acceptance work location or territory
              • Remain compliant with our policies processes and legal guidelines
              • All other duties as assigned
              • Attendance as required by department Interested? Does this position align with your career goals? Do you meet the required qualifications? Do our PRIDE values resonate with you? Perfect! We want to hear from you. Advice ! We understand that your career search may look different than others. Our hiring team wants to make sure that this would be a fit not just for us, but for you long term. If you are actively looking or starting to explore new opportunities, send us your application! P.S . We have great details around our stats, success, history and more. We're proud of our culture and are happy to share why - let's talk! Required degrees must have been earned at institutions of Higher Education which are accredited by the Council for Higher Education Accreditation or equivalent. Credit Acceptance is dedicated to providing an inclusive environment for all. We are proud to be an Equal Opportunity Employer and value a culturally diverse workforce. We believe in ensuring all team members demonstrate mutual respect for one another. All qualified applicants will receive consideration for employment without regard to protected characteristics like age, race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status. California Residents: Please click here for the California Consumer Privacy Act (CCPA) notice regarding the personal information Credit Acceptance may collect from you. Full time R4690 About Us Play the video below to learn more about our Company culture! 0:00 / 2:47 We offer a great work environment, awesome Team Members, competitive benefits, progressive career opportunities, a casual dress code and we work hard to ensure every Team Member is empowered to work to their fullest potential. Credit Acceptance offers Team Members:
                • Extensive growth opportunities as demonstrated by our track record of promoting internally
                • An atmosphere that is collaborative, challenging, and filled with forward thinking Team Members
                • Ongoing business training and career development opportunities
                • Strong work-life balance with generous PTO beginning on day 1
                • Competitive market-based salary with quarterly profit sharing and annual merit bonuses
                • Excellent benefits package that includes 401(K) match, adoption assistance, tuition reimbursement, comprehensive medical/dental/vision along with additional benefits that make us a Great Place to Work To learn more about who we are and what makes us a Great Place to Work, follow this link ! Click here to see our Company in action! If you are a current Credit Acceptance Team Member, click here to apply.

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