Director of Alternative Credit Data Products - Job Opportunity at TransUnion

Chicago, USA
Full-time
Executive
Posted: April 27, 2025
Hybrid
USD 150,100 - 225,000 per year

Benefits

Flexible time off for exempt employees
Health benefits including medical, dental, and vision
Mental health support
Up to 12 weeks paid parental leave
Fertility and adoption assistance
401(k) with employer match
Employee stock purchase plan
Tuition reimbursement
12 paid holidays annually
Commuter benefits
Legal benefits and long-term care insurance
Employee Resource Groups access
Comprehensive dependent coverage

Key Responsibilities

Lead global alternative data product strategy and execution
Develop and integrate new alternative data sources into credit products
Drive product innovation and market expansion through data partnerships
Manage cross-functional teams and stakeholder relationships
Ensure regulatory compliance across multiple jurisdictions
Optimize product performance through analytics and customer feedback
Execute go-to-market strategies for new data products
Establish and maintain strategic vendor partnerships

Requirements

Education

Bachelor's degree required; MBA or equivalent advanced degree preferred

Experience

10+ years of product management experience

Required Skills

Product management expertise Global product management experience Leadership and team management Data analytics and modeling knowledge Stakeholder management Communication skills Financial technology understanding Risk modeling expertise
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Sauge AI Market Intelligence

Industry Trends

Alternative data is becoming increasingly critical in credit decisioning as traditional credit models evolve to serve broader populations The integration of non-traditional data sources is reshaping risk assessment methodologies across the financial services industry Regulatory focus on financial inclusion is driving demand for innovative credit assessment tools Machine learning and AI are enabling more sophisticated use of alternative data in credit decisions

Salary Evaluation

The offered salary range is competitive for executive product roles in financial services, particularly given TransUnion's market position. Similar roles in major financial centers typically range from $140,000 to $250,000, placing this offer in the mid-to-upper market range.

Role Significance

Based on the scope, likely leads a core team of 5-8 direct reports with matrix management of 15-20 cross-functional team members
This is a senior strategic role reporting likely to VP level, with significant influence over TransUnion's alternative data strategy and product direction

Key Projects

Global alternative data source integration initiatives New credit risk product development programs Cross-border data standardization projects Regulatory compliance frameworks for alternative data usage Strategic vendor partnership programs

Success Factors

Deep understanding of global financial regulations and compliance requirements Strong product vision with ability to identify valuable alternative data sources Excellence in cross-functional leadership and stakeholder management Track record of successful product launches in regulated environments Ability to balance innovation with risk management

Market Demand

Very high demand position due to the growing importance of alternative data in financial services and the limited pool of candidates with both product management and credit risk expertise

Important Skills

Critical Skills

Alternative data expertise - essential for identifying and evaluating new data sources Risk modeling knowledge - crucial for developing effective credit products Global regulatory understanding - vital for ensuring compliance across markets Strategic product management - key for successful product development and launch

Beneficial Skills

Machine learning and AI knowledge Open banking expertise Financial inclusion experience Partnership development skills

Unique Aspects

Role combines traditional credit risk expertise with innovative alternative data approaches
Position offers unique exposure to global financial markets and regulatory frameworks
Opportunity to influence the evolution of credit assessment methodologies
Access to vast data resources and advanced analytics capabilities

Career Growth

Typical tenure in role is 3-5 years before advancement to VP level, depending on business impact and market conditions

Potential Next Roles

VP of Product Strategy Chief Product Officer Head of Credit Innovation Global Data Products Executive

Company Overview

TransUnion

TransUnion is one of the three major credit reporting agencies globally, with significant investment in alternative data and fintech innovation

Industry leader in credit reporting and risk assessment, competing with Equifax and Experian in the credit information market
Strong global presence with significant operations across major financial markets
Corporate environment with strong emphasis on innovation and technological advancement, balanced with regulatory compliance focus
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