The pay range is $163,000.00 - $294,000.00

Pay is based on several factors which vary based on position. These include labor markets and in some instances may include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves. Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation. Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture. Learn more about Target here.

The Target Enterprise Services (TES) organization is close to the action when it comes to communication—whether with guests or Target team members. From guest service professionals and product designers, to vendor managers and financial and workforce management analysts, TES comprises several key and high-visibility areas that elevate and nurture Target’s distinctive reputation. We cultivate loyalty and satisfaction through exceptional service and support. And we foster a culture of responsive, knowledgeable and committed service—from the inside out—through enterprise services our people can count on.

Beyond our world-class contact centers, there are many important challenges to be met in other TES teams like the TES Operations and Product Team, which plays at the intersections of process and technology, and Contact Center Support Services (SCSO) which develops comprehensive service delivery strategies for our contact centers. TES Product Design manages and grows loyalty, frequency and other marketing programs for all Payment Cards (REDcard, GiftCard). Our Bank Program and included credit risk and compliance functions manage Merchandise Finance, Capital Finance, Expense Management and Financial Goals and Forecasts. And the TES Controller heads up TES Accounting and Financial Operations, including Accounting and Control, Retail Bankcard Services, Target Card Services, Fraud Prevention & Dispute Resolution.

As a Director Credit Risk, you’ll create and execute strategies to manage the risk and underwriting of Target’s owned brand financial products (such as the Target REDcard) by leading a team of highly quantitative data analysts. By leveraging your analytic skills and industry knowledge, you will set the vision and goals for the underwriting team and ensure those are met. You will own all aspects of strategy and model development including data analysis, segmentation, predictive analytics, requirement generation, validation and ongoing reporting and validation. You will be responsible for tracking portfolio performance and recommending changes to credit models, credit score cut-offs, credit limit assignment, and other credit risk policies based on analysis and experience. Through partnership with Collections, Finance, Operations, and Fraud Prevention, you will design solutions to mitigate portfolio risk and losses while driving sales to Target. Utilizing your strong communication skills, you will articulate the benefits and trade-offs of your strategies to internal partners and senior leaders as well as external partners such as TD Bank and federal regulators. We’ll support you along the way with robust onboarding, as well as personal and career development, to help you grow as a strong Director Credit Risk. The exciting part of retail? It’s always changing!

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.

About you:
• Four-year degree
• 10+ years of relevant financial services experience
• Deep knowledge of predictive analytics and statistical techniques
• Strong written and verbal communication skills, with the ability to influence leaders and clearly articulate risk/benefit analyses
• Experience directly or indirectly leading a team
• Extensive knowledge of financial services industry and best practices
• MS in Economics, Statistics, Engineering, Computer Science, or related field preferred

Benefits Eligibility

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_F

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to [email protected]. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.