Credit Strategy Lead

3 days ago


Cardiff, Cardiff, United Kingdom Monzo Full time
Job Overview

We are seeking an experienced Credit Strategy Lead to drive the success of Monzo's borrowing propositions. This role is a key position in our lending team, responsible for leading initiatives to improve credit underwriting, supporting new lending strategies, and collaborating across teams to build profitable lending portfolios and amazing products for customers.

About the Role

This is an exciting opportunity to join Monzo as a senior lending professional. You will be responsible for:

  • Leading initiatives to improve credit underwriting, boost growth and/or manage portfolio risk.
  • Supporting the design and roll-out of new lending strategies by finding patterns in the data and translating these into insights.
  • Monitoring the performance of our existing strategies, and iterating to improve them.
  • Collaborating with people from engineering, marketing, product, risk and control to design and deliver product changes.
  • Developing our credit control and portfolio management frameworks to support our growing portfolios.
  • Developing, maintaining and refining our credit models to assess net present value of new lending cohorts to drive strategic business decisions.
  • Building, maintaining and owning the database tables and dashboards that provide insights and promote rapid, data-driven decisions.

You will thrive in this role if you have extensive experience in unsecured retail lending, a deep understanding of lending economics, and strong analytical and data capabilities, backed up by technical coding skills. SQL is a must-have, Python and Looker experience is a plus.

Requirements
  • Extensive experience in unsecured retail lending (e.g. personal loans, credit cards, overdrafts, buy now pay later etc.).
  • Deep understanding of how the unsecured retail lending market works including the impact of pricing dynamics on portfolio performance.
  • Deep understanding of lending economics and experience developing and deploying underwriting strategies and credit models.
  • Strong analytical and data capabilities, backed up by technical coding skills. SQL is a must-have, Python and Looker experience is a plus.
What's in it for you?

We offer a competitive salary of £80,000 - £100,000 per annum, depending on experience. We also offer a range of benefits, including flexible working hours, a learning budget of £1,000 a year for books, training courses and conferences, and much more. We can help you relocate to the UK and sponsor visas. This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London).



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