Consumer Credit Risk Manager - Remote

UnitedHealth Group

  • Draper, UT
  • $89,900-160,600 per year
  • Permanent
  • Full-time
  • 6 days ago
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.The Consumer Credit Risk Manager is responsible for supporting the Bank's consumer and small business lending initiatives by ensuring the implementation of sound credit risk management practices and adherence to regulatory requirements. Operating within the Second Line of Defense, this role provides independent oversight, delivers effective challenge to credit strategies, and contributes to the design and enhancement of enterprise risk management frameworks.You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges.Primary Responsibilities:
  • Collaborate with First Line teams to ensure consumer and small business lending activities comply with internal policies and strategic goals
  • Review and challenge credit extension proposals to ensure alignment with risk appetite and regulatory standards
  • Participate in governance forums and regulatory exams, supporting readiness and documentation
  • Work closely with senior management to provide insights on emerging risks and portfolio performance
  • Assist in developing and enhancing risk policies, risk metrics, and early warning systems on consumer credit risk
  • Contribute to the continuous improvement of the Second Line of Defense credit risk framework and risk oversight practices
  • Support oversight of stress testing, credit loss allowance, and liquidity, and interest rate risk management
  • Support third-party risk management activities, including vendor onboarding and oversight, and risk assessments
  • Oversee risk management of consumer loan securitization, including asset pool evaluation, performance monitoring, and compliance with investor and regulatory requirements
You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.Required Qualifications:
  • Bachelor's degree and/or Master's degree from an accredited institution
  • 8+ years of experience in credit risk disciplines including underwriting, pricing, credit limits, and collections with emphasis on unsecured consumer lending
  • 6+ years of experience in lending, credit risk management, regulatory supervision, credit audit or similar work with consumer and small business lending
  • 6+ years of experience supporting consumer credit stress testing and Current Expected Credit Loss (CECL)
Preferred Qualifications:
  • Familiarity with subprime lending and automated decisioning platforms
  • Demonstrated ability to analyze credit strategies and exposure limits to ensure alignment with risk appetite
  • Expertise in understanding and developing consumer credit strategies and loss curves
  • Experience with risk managing consumer loan securitization, including asset pool evaluation, performance monitoring, and compliance regulatory requirements
  • Working knowledge of third-party risk management activities, including vendor oversight, risk assessments, and compliance monitoring
*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy.Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $89,900 to $160,600 annually based on full-time employment. We comply with all minimum wage laws as applicable.Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.

UnitedHealth Group