[Hiring] Credit Risk Director @Monzo

Role Description

We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. Our product offering has grown a lot in the last 10 years in the UK, including:

• Personal and business bank accounts
• Joint accounts
• Accounts for 16-17 year olds
• A free kids account
• Credit cards

Our UK customers can also:

• Save
• Invest
• Combine their pensions

We aim to create a genuine feel-good factor when it comes to business credit and are looking to build a team of driven, analytical, and creative individuals to help us achieve this goal.

As the Director of our Borrowing team, you will:

• Lead a team designing and implementing credit and pricing strategies for our business lending products
• Monitor the performance of our existing strategies and iterate to improve them
• Lead initiatives to improve our credit underwriting, boost growth, and/or manage portfolio risk
• Support the design and roll-out of new products and customer journeys
• Provide leadership across our Business Banking and Borrowing Collectives
• Be a member of the Borrowing Leadership Team which drives Monzo's overall borrowing strategy

Qualifications

• Strong domain expertise in providing lending products to small businesses
• Track record leading analytical credit teams
• Deep understanding of how business lending works, including regulation and industry best practice
• Passionate about customers and understanding the role credit strategies and policies play in customer outcomes
• Comfortable balancing ‘soft’ information with hard data
• Strong analytical and data capabilities, backed up by technical coding skills
• Dynamic energy to improve products and help ship changes to customers
• Clear communicator, able to articulate decision points
• Ability to collaborate in a team with diverse skill-sets and personality types
• Comfortable working in a fast-moving and changing company

Requirements

• Experience in developing credit risk strategies for small and medium enterprises
• Experience in building best-in-class credit capabilities

Benefits

• Relocation assistance to the UK
• Visa sponsorship available
• Flexible working hours
• Learning budget of £1,000 a year for books, training courses, and conferences
• And much more

Company Description

Diversity and inclusion are a priority for us, and we’re making sure we have lots of support for all of our people to grow at Monzo. We’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us.

We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity, or disability status.