PenFed is hiring a (Hybrid) Senior Manager, Aftermarket Product Sales at our Tysons, Virginia; Omaha, Nebraska; San Antonio, Texas; Irving, Texas; or Eugene, Oregon location. The Sr Manager of Ancillary Product Strategy & Performance is responsible for developing and executing the strategic roadmap for PenFed’s ancillary product portfolio across all Consumer Lending channels, including Auto and Unsecured Lending. This role ensures that member protection and value-added products, such as GAP, Vehicle Protection Plans, Credit Protection, and similar offerings deliver strong financial performance, regulatory compliance, and exceptional member value.

PenFed is hiring a (Hybrid) Manager, Consumer Lending Policy & Risk Analytics at our Tysons, Virginia or Irving, Texas location.  The primary focus of this job is to manage credit analysis to drive sustainable growth in consumer credit policy and conduct credit risk monitoring to ensure policy performance. You will explore utilizing AI in your analysis and collaborate in building advanced valuation and risk detection models. You will conduct hands-on analysis and have people management opportunities. You have a direct influence on strategic goal setting for the broader Consumer Lending Policy and Analytics team and positively impact on PenFed’s credit product experience for millions of PenFed members.

PenFed is hiring a (Hybrid) Digital Product Owner - Unsecured Lending at our Tysons, Virginia location. The Digital Product Owner – Unsecured Lending leads the end-to-end product lifecycle for the Personal Loan, Student Loan, and Overdraft Line of Credit digital acquisition and servicing experiences. This role partners closely with the Unsecured Lending Product Strategy, Technology, Operations, and Member Experience teams to define and execute a roadmap that drives loan growth, enhances digital engagement, and delivers exceptional member value. The ideal candidate combines business acumen, analytical skills, and a deep understanding of consumer lending and user experience within an Agile environment.

PenFed is hiring a (Hybrid) AVP Credit Card Portfolio Management at our Tysons, Virginia; Eugene, Oregon; Omaha, Nebraska or San Antonio, Texas location.  The primary purpose of this role is to design and implement the cardholder lifecycle experience and engagement across all credit card products.  The position will drive growth and strategic innovation within PenFed’s cardholder experience by planning and executing effective balance and spend stimulation strategies.  The role will collaborate with Credit Policy and Risk teams, Marketing, Technology, Card Operations and Servicing, and other partners to ensure the member’s experience aligns with the overall product strategy. This position will maintain strong relationships across consumer bank product divisions to drive success of the high growth consumer business. Primary KPIs include overall portfolio balances, card spend volume, retention, and other engagement metrics.

PenFed is hiring a (Hybrid) AVP Credit Card Acquisitions at our Tysons, Virginia; Eugene, Oregon; Omaha, Nebraska or San Antonio, Texas location. The incumbent of this role will be accountable for driving new credit card acquisitions across all channels, including Direct Mail, Digital, Financial and Contact Centers, and Partnerships. The role owns the acquisition strategy and delivery against ambitious growth targets, ensuring disciplined economics and scalable execution. The role collaborates closely with Credit Policy, Marketing, BI/Analytics teams and other partners including underwriting, finance, channel leadership, and technology to optimize acquisition and targeting strategies, improve conversion and drive sustained portfolio growth. This position will maintain strong relationships across consumer bank products, Compliance, Legal, IT, Fraud, and Card Operations to drive success of the high growth consumer business. Primary KPIs include new card acquisitions, channel-level conversion rates, CPA, and overall acquisition economics.

PenFed is hiring a (Hybrid) Sr Director, Consumer Credit Card Strategy at our Tysons, Virginia location. The primary purpose of this role is to own the end-to-end development and implementation of credit strategy/policy and conduct credit risk monitoring & analytics for Credit Card and Deposits Overdraft products.

This position will contribute to setting up strategic goal / credit agenda and managing a team of managers & analysts. This position plays a critical role in enhancing credit risk strategy and management ecosystem to enable sustainable and resilient Credit Card business growth, including achieving business goal within risk appetite, optimizing targeting & acquisition credit strategy, mitigate credit abuse and portfolio risk, enhance lending program economics, and support member retention / engagement.

The incumbent will partner closely with Consumer Lending product team and other key stakeholders across Consumer Banking and Enterprise teams.

The ideal candidate will have a deep understanding of the inherent risk and performance drivers of Credit Card / Overdraft business as well as direct experience in developing credit policy/strategy. The candidate is expected to exhibit sound judgment in decision making and be an inclusive and collaborative partner.

PenFed is hiring a (Hybrid) Sr Director Pricing & Product Analytics at our Tysons, Virginia; Dallas, Texas or San Antonio, Texas location. PenFed is seeking a Senior Director of Pricing & Product Analytics to drive pricing strategy, product performance insights, and portfolio optimization across the Auto Lending and Unsecured Lending businesses (including Personal Loans, Student Loans, and Overdraft Lines of Credit). The incumbent will be responsible for leading pricing and product analytics, developing data-driven recommendations, and providing executive-ready insights that influence business strategy. The role requires deep expertise in consumer lending economics, pricing optimization tools, and analytical storytelling to support sustainable growth, risk-adjusted returns, and competitive positioning. The ideal candidate has proven experience partnering with Product, Risk, Decision Science, and Finance teams, while leading a small team of analysts in delivering high-quality insights and reporting.

PenFed is hiring a (Hybrid) VP Consumer Lending Product Strategy at our Tysons, Virginia; San Antonio, Texas or Irving, Texas location. The VP of Consumer Lending Product Strategy leads product strategy, market positioning, and the growth strategy/roadmap for PenFed’s closed-end consumer lending products and channels, including Auto Lending, Unsecured Personal Loans, and Student Loans. The role identifies market opportunities, defines product-market fit, and drives product-led growth from concept through scale. This leader is accountable for portfolio performance across pricing strategy, digital lending experiences, and portfolio analytics to ensure execution aligns with PenFed’s financial objectives, risk appetite, and member value goals.

The VP serves as the business owner for the Consumer Lending portfolio of products with full P&L accountability and responsibility for driving sustainable growth, profitability, and innovation across closed-end consumer loans. This individual leads a cross-functional organization spanning Product Strategy, Digital Product Management, and Pricing & Analytics, collaborating closely with Technology, Risk, Finance, Operations, and Marketing leadership to deliver cohesive, member-centric lending experience. The role is accountable for delivering measurable outcomes, including growth in originations and balances, improved conversion, optimized risk-adjusted returns, faster cycle times, increased digital adoption, and reduced cost-to-originate.

The ideal candidate is a visionary and data-driven leader who blends strategic thinking with executional excellence, leveraging advanced analytics and digital capabilities to evolve PenFed’s consumer lending ecosystem.

PenFed is hiring a (Hybrid) Data Governance Analyst at our Tysons, Virginia location.  The primary purpose of this job is to provide analytical and system support services to PenFed’s Enterprise Data Governance (EDG) program. The incumbent will provide day-to-day operational and administrative support for the company’s data governance tools and will perform complex data and system analyses required to support and enhance data governance tools and processes. The results of analyses performed will be used to enhance existing capabilities, address and monitor data governance issues, and evaluate new functionality making the governance of data more efficient   In addition, this role tracks and monitors enhancement and incident requests reported to the vendor and regularly interacts with Data Management, Data Owners, and Data Stewards throughout the company.

PenFed is hiring a (Hybrid) Director, Enterprise Data Governance to lead second line of defense data governance and oversight activities at our Tysons, Virginia location.  This leader will report to the AVP of Enterprise Risk Management, responsible for enhancing and monitoring enterprise data governance policies and standards, ensuring data risk is effectively managed across the firm and collaborating closely with the Chief Data & Analytics Office and business units to improve PenFed’s data maturity. This individual will play a key role in performing independent review of first line risk and control assessment of PenFed’s data management activities. The position will support the Enterprise Risk Management Committee proceedings and create reports and recommendations for PenFed Board of Directors’ consumption, as well as all regulatory requests. 

PenFed is hiring a (Remote) Analyst, Finance Risk Office associated with our Tysons, Virginia location.  The Analyst, Finance Risk Office performs support functions for First Line CFO-owned risk management processes, assessments, audits, regulatory exams and various 2nd line risk initiatives.

 **This role must be located in the East Coast.**
The anticipated starting salary range for this role is $45,400 - $83,857
This position is eligible for the organization’s annual Balanced Scorecard bonus subject to board discretion and approval.
This position is also eligible for the opportunity for an annual Pay for Performance bonus.