Mikinok Enterprises · 19 hours ago
Director of Credit & Collection Strategy
Minneapolis, MN
Full-time
Hybrid
Mid, Senior Level
6+ years expMikinok Enterprises is a leading online direct lender revolutionizing the emergency loan market through advanced technology. They are seeking a Director of Credit & Collections Strategy to drive credit strategy design and execution for their subprime lending portfolio, while managing an analytical team and collaborating with various departments to enhance portfolio performance.
Financial Services
No H1B
Hiring Manager
Terrance Malaterre
Responsibilities
Lead and grow analytical team
Hire, manage, and develop a high-performing team of analysts (4-6 FTE)
Coach team on analytical thinking, technical skills, and business acumen
Set clear expectations, goals, and career development plans. Provide team regular, actionable feedback
Foster a culture of accountability, collaboration, and feedback
Manage portfolio performance
Accountable for monthly executive Credit Performance Review meeting - includes review of origination performance and portfolio trends (payment, delinquency / loss, and profitability metrics)
Help define and manage KPI for portfolio performance within Mikinok and partners
Act as effective challenge for current credit underwriting strategies
Support various other analytical reporting needs across business including external reporting, data visualization, ad hoc analyses
Manage Collections Strategy
Setup and manage Collections Strategy team including outbound call and digital strategies, repayment plan / settlement offers, and optimize 3rd party vendor placements
Incorporate models to differentiate treatment / optimization across strategies
Setup A/B and DOE tests for new strategies
Qualification
Required
Bachelor's Degree in an analytical/quantitative field (Math, Physics, Engineering, Science or Computer Science) from a competitive school
Elite quantitative & analytical skills. (6+ years experience of quantitative analysis in financial services, consulting, data science or risk management)
Hand-on experience within risk management (4+ years within financial services institution - ideally within subprime lending)
Hand-on experience with SQL / Python and experienced coaching others (6+ years)
Proven track record of people management and development (managed teams of 4+ analysts in past roles)
Strong interpersonal, leadership, and communication skills
Preferred
Graduate Degree in an analytical/quantitative field (Math, Physics, Engineering, Science or Computer Science) from a competitive school
10+ years experience of quantitative analysis in financial services, consulting, data science or risk management
8+ years of experience within risk management & collections strategy within financial services institution
Experience leading to a deep understanding of sub-prime credit dynamics including volatility, adverse selection, and risk layering
Experience launching new credit products especially within sub-prime lending
6+ years of experience managing analytical teams
Benefits
The opportunity to help bring much-needed income and economic development to the Turtle Mountain Band of Chippewa Indians
Competitive salary and bonus structure
Generous employee benefits plan, including robust healthcare plans, matching 401K, and four weeks of PTO
Company-sponsored professional development and training opportunities
Company
Mikinok Enterprises
51-200 employees
Funding
Current Stage
Growth StageCompany data provided by crunchbase