Vice President, Risk

Who we are looking for:Reporting to the GM ACV Capital, the VP Chief Risk Officer will be the end-to-end owner of all risk management activities for ACV Capital. As the CRO, the position is responsible for developing and enhancing risk strategies leveraging data and analytics from both within ACV Auctions and third parties. Primarily responsible for spearheading creation of score cards for new business onboarding, lifecycle management as well portfolio and line management activities. As a senior member of ACV Capital leadership, the CRO will be an integral part of product development and innovation to support significant growth of portfolio and customer base. Exposure to key stakeholders including senior leadership and investors given deep insights into portfolio management and profitability. What you will do:Own end-to-end risk strategy and portfolio management to drive sustainable growth of the portfolio Develop data driven scorecards for all segments and ongoing monitoring of business Leverage internal data including payments and purchase behavior as well as integrations into dealer management systems and bureau Define decision engine architecture for new dealer onboarding as well journeys for dealer lifecycle and line management Develop early warning system (EWS) with insights into dealer behavior to identify deterioration and expedite recovery efforts Optimize collections, recovery, and remarketing efforts to limit loss while balancing dealer relations as well as profitability Support product development efforts by identifying key risks and mitigants and defining policies and procedures for growing product suite and use cases Establish Risk Committee for Capital with callouts with key stakeholders including senior leadership as well as investors to support portfolio funding needs via securitization Build a best in class underwriting and collections organization while working closely with advanced analytics, operations, and other support areas Perform additional duties as assigned. What you will need:10 years of relevant risk management and collections experience, preferably in auto and dealer related industry Verifiable track-record of leading data analytical projects including scorecard development and modeling Demonstrated experience in leading change, with track record of identifying and implementing opportunities to improve business operations and performance Demonstrated success in managing risk/strategy through the economic cycle and challenging environments while protecting and growing the business Hands on experience with portfolio performance monitoring Exceptional business, budget and people management skills, ability to manage others and ability to attract and inspire top talent Experience with Capital Markets transactions is a plus Floorplan experience is a plus Experience with auto products in both large and small dealerships is a plus BA in Business, Finance or similar intensive degree.

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