Head of Credit Risk - Consumer Finance / BNPL

Location New York
Discipline: Product
Job type: Permanent
Salary: $150000 - $200000 per annum, Benefits: + Equity, Medical, Dental
Contact name: James Shenton

Contact email: james.shenton@opusresourcing.com
Job ref: JS-240
Published: about 1 month ago
Startdate: 2023-11-07
Head of Credit Risk required with a proven background in credit risk for customer credit from a fintech, BNPL, or modern tech-enabled bank who is very data-centric with sound skills in SQL, Python, and statistics & machine learning modelling is required by ambitious scale up to build and lead a new credit function and customer credit portfolio for fast-growing BNPL fintech with a number of Uber based founders to the LATAM market working closely with the Data, Engineering, Finance, and Product teams, and will report to our CTO / Co-founder.
 
This is a new role responsible for credit granting, limit, and pricing policies for new and existing customers. As the first Credit Risk hire in the business, you will have the opportunity to develop this credit risk function from the ground up using data analytics and insights to develop credit strategies.
 
The role is New York / Manhattan-based – Hybrid – Salary Circa $150k-200k base + Equity + Bens
 
Key skills required for the Head of Credit Risk would include.
 
  • Consumer credit experience required (NOT business credit experience)
  • Startup or scale up fintech or BNP or tech-enabled banks, inclusive customer credit tech businesses, virtual credit cards etc
  • 7+ years of credit risk experience and a focus on consumer credit experience
  • Proven ability to manage a consumer credit portfolio
  • Advanced with SQL and Python
  • Deep understanding of statistics and machine learning modelling
  • Demonstrated ability to drive impact through analysis
  • Any experience of working in the LATAM markets would be an advantage / such as Mexico
 
Responsibilities as the Head of Credit risk would include:
 
  • Advancing the credit underwriting approach, from approvals to limits to pricing
  • Partner with Data and Engineering teams on building risk and LTV / loan-to-value models
  • Use advanced data analytics and critical thinking to derive insights and optimize credit strategies
  • Own risk initiatives within new product formation and new market exploration
  • Monitor portfolio as well as macroeconomic trends impacting loan performance.
  • Drive adjustments to the underwriting and marketing strategies to mitigate risk
 
This is an outstanding chance to join an ambitious startup who are building the equivalent of the modern-day credit card and work and flex your skills with leaders from top tech and financial companies such as Uber, BBVA, and Affirm who provide themselves on their velocity, intellectual rigour and efficiency.

Opus Resourcing act as a recruitment agency and helps a number of world-leading brands to source the best possible talent.