Job Description

You will be our first dedicated credit specialist. You’ll recruit and cultivate a team of experts to help us responsibly extend meaningful and innovative credit to our customers. As our credit leader, you’ll shape and grow our approach to credit, and sit on our executive and credit committees. You’ll report to our CEO and work directly alongside our CFO, risk, product and operations teams.

What will you be doing here?

• Be out in house subject matter expert on all things credit
• Lead the credit function and hold the responsibility for it in the firm
• Support the ongoing development of our credit products and processes with the origination team
• Develop and refine our risk rating and credit decisioning frameworks
• Contribute to the determination of risk appetites and tolerances
• Contribute to the consideration of impairment provisions
• Support the treasury function in analyzing debt instruments for the balance sheet
• Lead the analysis on our early originations post launch
• Build out the credit team and tooling
• Build and manage key relationships with internal and external stakeholders, including with our regulators
• Contribute to our capital planning exercises

What can we offer you?

We are an early stage startup and we're working hard to expand our benefits package. We're planning to add to this list in the future

• 25 days off a year + bank holidays
• Flexible, remote-friendly working - including supporting home office setup
• Auto-enrolment into company pension scheme
• Enhanced parental leave with up to 6 months at full pay
• Private medical insurance and life insurance (provided by AXA and AIG respectively)
• A weekly team lunch on company (even when you're working remotely)

Required Knowledge, Skills, and Abilities

• Extensive credit analysis or underwriting experience in a UK bank or credit fund, either extending credit to financial institutions under funding lines using a B2B2C or B2B2B model or in the unsecured SME or consumer finance markets.
• Experience building, leading and managing a credit function, i.e. holding SMF18, certified person status for credit or head of credit role, and deep experience with UK credit regulation
• Previous experience building products and defining and developing decisioning frameworks for new products and markets
• Experience establishing MI reporting around the ongoing health and performance of loan assets
• Previous experience working with structured debt products for non-bank financial institutions

We’re hybrid-remote, and most of your colleagues will not share an office with you on a day-to-day basis. This means you should also have:

• We have a major amount of written documentation that you will be contributing to, and we place a high degree of importance on clarity and readability (you can find out more here about how we write )
• A high degree of comfort adopting new software tools for product development, document drafting, collaboration and communication.