Sr Manager Risk Modeling & Analysis(Remote Or Hybrid)

Brooklyn Park, Minnesota
Apr 04, 2023
Apr 06, 2023
Employment Status
Full Time
About Us:

As a Fortune 50 company with more than 350,000 team members worldwide, Target is an iconic brand and one of America's leading retailers.

Working at Target means the opportunity to help all families discover the joy of everyday life. Caring for our communities is woven into who we are and we invest in the places we collectively live, work and play. We prioritize relationships, fuel and develop talent by creating growth opportunities, and succeed as one Target team. At our core, our purpose is ingrained in who we are, what we value, and how we work. It's how we care, grow, and win together.

The Financial and Retail Services (FRS) organization is close to the action-whether with guests or Target team members. FRS comprises several key high-visibility areas that elevate and nurture Target's distinctive reputation including: guest and team member service centers, service delivery strategies, world-class payment products that grow loyalty (RedCard, Target GiftCards, third-party gift cards, etc.), and bank program functions including credit risk, compliance, accounting, financial operations, and fraud prevention. We cultivate loyalty and satisfaction through exceptional products, services, and support. We also foster a culture of responsive, knowledgeable and committed service-from the inside out-through enterprise services our guests and teams can count on.

A Sr. Manager Debit Risk, Modeling & Analytics, will have a breadth of skills and experience across algorithms, mathematical modeling, statistics, machine learning, and risk management to build high quality models, strategies and methodologies that enable data driven decision making at Target. They will help advance Target's Debit Card Strategy along with Modeling & Analytics through technical creativity, continuous learning, and collaborative problem solving while championing an inclusive and ethical organization.

As a Sr Manager focusing on Debit Risk Strategy you will evaluate, develop, and test underwriting strategies for new accounts and portfolio management, including approve/decline decisions and authorization frequency and dollar amount decisions. The goal is to drive Target sales and optimize the profitability of the debit card portfolio. The position requires strong data manipulation and analytical skills as well as the ability to present results to business partners and senior management.

With the additional focus on Data Science (Modeling & Analytics) you will work closely with the client to understand the business need and any specifications for a potential advanced analytic solution. You will evaluate and select the right modeling technique for the business problem, while objectively considering tradeoffs of accuracy for simple vs. complex models.

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

About You:
  • Master's degree in Quantitative disciplines (Statistics, Mathematics, Computer Science, Economics, Engineering, Data Science)
  • 5+ years of professional experience or equivalent industry experience with expertise in one or more of the following areas: application underwriting, credit limit management, collections strategies, fraud strategies, payments, banking, ACH
  • Expertise in one or more of the following areas: machine learning, probability theory and statistics, optimization theory, simulation, econometrics, deep learning or natural language processing
  • Strong analytical thinking skills. Ability to creatively solve business problems, innovating new approaches where required
  • Strong hands-on programming skills in SAS, SQL, Python, R
  • Able to produce reasonable documents/narrative suggesting actionable insights
  • Excellent communication skills
  • Self-driven and results oriented
  • Strong team player with ability to collaborate effectively with internal and external partners

This position may be considered for a Remote or Hybrid work arrangement based on Target's needs. A Hybrid work arrangement means the team members core role will be a blend of virtual and onsite at a Target location. A Remote work arrangement means the team member works full-time from home or an alternate location that's not a Target location, does not have a desk at their primary HQ work location and may travel to HQ up to 4 times a year. Work duties cannot be performed outside of the country of the primary work location, unless otherwise prescribed by Target. The salary range is :$124,100.00 USD - $223,400.00 USD. Pay is based on several factors which may include, but are not limited to education, work experience, certifications, labor markets, etc. In addition to your salary, 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

Americans with Disabilities Act (ADA)

Target will provide reasonable accommodations (such as a qualified sign language interpreter or other personal assistance) with the application process upon your request as required to comply with applicable laws. If you have a disability and require assistance in this application process, please visit your nearest Target store or Distribution Center or reach out to Guest Services at 1-800-440-0680 for additional information.


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