Credit Strategy Lead
Settle110,000 - 160,000 USD/year
- Full Time
- Junior (1 to 2 years)
£92,500 – £125,000Compensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Technology, Banking, LendingIndustries
Requirements
Candidates should possess knowledge of providing credit to small and medium-sized sole traders and limited companies, along with experience utilizing automated decisioning processes and a solid understanding of Credit Risk Management activities.
Responsibilities
The Lead Credit Analyst will lead initiatives designing and implementing credit and pricing strategies for business lending products, monitor the performance of existing strategies and iterate to improve them, support the design and roll-out of new products and customer journeys, and lead initiatives to improve credit underwriting, boost growth, and/or manage portfolio risk. They will also work with colleagues across teams to design and deliver initiatives, develop and monitor credit models to forecast cash flows and assess net present value of new lending cohorts, and write credit proposals.
Skills
Credit to SMEs
Automated decisioning
Credit Risk Management
Credit modeling
Portfolio risk management
Credit underwriting
Financial analysis
Customer journey design
Monzo
Digital-only banking platform for consumers
About Monzo
Monzo operates as a digital-only banking platform focused on providing a modern way for individuals to manage their finances. Its main product is a mobile app that allows users to track their income, spending, and savings easily. The app includes features that help users save money, such as automatically setting aside a portion of their paycheck or rounding up transactions to the nearest dollar. Monzo generates revenue through interest on deposits, fees for certain services, and interchange fees from card transactions, as well as offering overdrafts and personal loans. What sets Monzo apart from traditional banks is its real-time balance updates and instant spending notifications, which help users stay informed about their finances. The goal of Monzo is to provide a convenient, mobile-first banking experience that meets the needs of its growing customer base, which has surpassed 8 million users.
Key Metrics
London, United KingdomHeadquarters
2015Year Founded
$1,856.7MTotal Funding
LATE_VCCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees