Sr. Director, Strategy For Business Risk Management, Market Planning
LOCATION
Remote work opportunity.
QUALIFICATIONS
Bachelor's degree or equivalent (MBA preferred), 10+ years of relevant experience in business risk management, data analytics, credit risk, and marketing strategy, along with strong leadership and communication skills.
RESPONSIBILITIES
Lead the Business Risk Management solution line, develop and execute commercial strategies, manage product portfolios, assess market opportunities, collaborate with cross-functional teams, and support key account relationships.
INDUSTRY
Risk Management and Business Services
SHORT DESCRIPTION
The Sr. Director of Strategy for Business Risk Management will oversee strategies to grow revenue through innovation, market analysis, and sales activities within the Business Risk Management vertical at LexisNexis Risk Solutions.
- Provide thought leadership, strategic direction and long-range planning to develop and implement the short and long range operating objectives to achieve maximum revenue growth in support of the corporate strategy.
- Develop an appropriate product portfolio mix and appropriate positioning to achieve revenue targets.
- Provide recommendations for new product concepts and existing product modifications.
- Communicate strategic decisions and product plans to senior leaders across the business
- Develop and maintain a view of the capability gaps facing the organization and create a mitigation plan including a target list of M&A candidates and the requisite strategic acquisition rationale for each candidate.
- Direct the analysis for specific near term market opportunities of major importance and the development of business cases, pricing, negotiation and contract strategies to capture the market opportunity.
- Review and evaluate the market area performance on a continuing basis and establish the proper measures of performance; provide direction for modification in work plans or implementation of contingency plans in accordance with prevailing business conditions.
- Lead and work within cross functional teams (finance, product development, marketing, and sales) to execute go to market strategies.
- Develop and recommend sales channel strategy utilizing market research and data.
- Support relationships with key accounts, industry and trade associations, government representatives, public service organizations, customers and vendors as necessary in the overall management of the market area.
- Initiate and develop pricing strategies and policies; recommend pricing actions and promotional programs in support of market area strategy and revenue plan.
- Other duties as assigned Required travel: 15 – 20%, occasionally higher
- Requires a BS or equivalent educational achievement – MBA preferred
- Requires a minimum of 10 years related technical and professional experience.
- Experience utilizing data and analytics to drive credit risk and marketing strategy
- Experience with credit scores, attributes, reports, and similar solutions for evaluating the veracity and creditworthiness of a business
- Experience with data, scores, attributes, and similar solutions used to ensure lenders and service providers have taken the compliance steps prior to opening an account with a business
- Skills required include business acumen, strategic planning, organizational assessment, creativity, highly developed leadership and interpersonal skills, quantitative analytical abilities and outstanding communication skills.
- The ability to work effectively within a cross functional organization.
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