Credit Risk Director (Business Borrowing)

Join Monzo, a fast-growing digital bank, as the Credit Risk Director for our Business Borrowing team. In this role, you will build and lead our credit risk function for lending to business banking customers. You will refine our credit and pricing strategies, monitor the performance of existing strategies, and support the design and roll-out of new products. You will also provide leadership across our Business Banking and Borrowing Collectives and be a member of the Borrowing Leadership Team.

• Lead and manage the credit risk function for lending to business banking customers, including the development and implementation of credit risk strategies.
• Monitor the performance of existing credit strategies, iterating to improve them, and lead initiatives to enhance credit underwriting and manage portfolio risk.
• Collaborate with cross-functional teams to design and roll out new lending products, ensuring alignment with overall business objectives.
• The ideal candidate should have in-depth knowledge of lending to small and medium size sole traders and limited companies, automated decisioning and Credit Risk Management activities
• You are passionate about customers and understand the role credit strategies and policies play in customer outcomes
• You are a clear communicator, able to cut through complex problems and articulate decision points
• You have a track record leading analytical credit teams
• You are comfortable working in a fast-moving and changing company
• You have a deep understanding of how business lending works, including regulation and industry best practice
• You’re comfortable balancing ‘soft’ information (e.g. customer feedback/qualitative market research) with hard data (e.g. A/B test outcomes)
• You have strong domain expertise in providing lending products to small businesses
• You have strong analytical and data capabilities, backed up by technical coding skills
• You can bring a dynamic energy to the team, and are keen for the chance to improve our products and help ship changes to our customers
• You work well collaborating in a team with diverse skill-sets and personality types