Senior Credit Risk Manager

Working with employers, we provide a financial wellbeing platform as an employee benefit, helping employees to understand their money better, get out of debt faster and save for their future. We already have a reach of over 4,000,000 employees through our relationships with over 600 of the biggest companies in the UK.

By improving employee financial wellbeing, we have a very real and meaningful impact on people’s lives. We remove the stress and worry associated with financial difficulties by dramatically reducing the interest rates employees pay on their personal debt, and provide them with the tools needed to start saving sooner and be more financially secure. We are backed by some of the biggest brands, including investments from Blenheim Chalcot (the UK’s leading venture builder), Legal and General (the FTSE 100 insurer and asset manager), Experian and Goldman Sachs, and funding partnerships with JP Morgan and Blue Owl.

Launched in 2015, we have made excellent progress, and are scaling fast. We are named BITC’s Responsible Business of Year 2018, included in KPMG’s Global Fintech 100, listed top of the Forbes' list of socially-responsible startups, and profiled by the Financial Times, the Times, the Wall Street Journal, the Guardian, the Telegraph, CityAM and the Institute of Directors.

Reporting into the Director of Credit Strategy, you are responsible for the strategic direction and line management of the Credit Risk team alongside Salary Finance's responsible lending approach leveraging your comprehensive understanding of UK lending regulation, including Consumer Duty and CONC. You will work to ensure Salary Finance's policy and affordability rules maximise financial inclusion while maintaining good customer outcomes. You will achieve sustainable growth through our credit and pricing strategy, optimising profitability, originations, customer satisfaction, funder and regulatory obligations.

This is a high-impact role to bridge the gap between complex data science and commercial reality, acting as a key consultant to Finance, Co

• Shape strategy and risk appetite: You will shape strategy and risk appetite. You will act as an expert on Salary Finance's approach to responsible lending and sustainable growth. This means understanding and influencing our affordability and policy rules as well as optimising our credit and pricing strategy.
• Oversight and analytics: You will be responsible for Credit Risk MI and reporting. You will deliver high quality analytical insights and recommendations to inform and influence the board, leadership team, and wider business. You will be accountable for our internal Originations and Performance Forums, as well as delivering content for, and attending, the Credit Risk Committee.
• Lead and empower the team: You are responsible for line management, which includes hiring and giving opportunities. You will represent the team and upskill and mentor junior team members, behaving as a leader and role model within the Credit Risk and wider business.
• Budgeting and forecasting: You will be a key contributor throughout budget cycles, providing forecast assumptions and conducting stress testing. You will also be responsible for derivation of impairment rates (IAS 39), including understanding our reporting of and implications of movements.
• Collaborate and innovate: You will work in collaboration with finance, commercial, product and data science teams to develop the lending product, including providing analytics where necessary. You will support other teams, e.g. marketing, commercial and collections, discovering opportunities to grow the lending book or increase profitability by conducting tests.

• Experienced leader and ambassador: You act as an ambassador for the team, able to represent the Credit Risk function to skillfully ask or answer questions to or from the wider business. You are proactive in workload management, ideating, and influencing individual, team and sometimes company roadmap.
• Technically accomplished: You have a strong understanding of SQL data extraction and analysis, and ideally exposure to Python. You have a builder…