Portfolio Risk Manager

Risk Manager

Ref: 1353Monday 20 September 2021

Circa £80k

Central London (near Chancery Lane station) - hybrid working.

We are delighted to offer a unique and exciting opportunity to join a dynamic, innovative and fast-growing company within Financial Services. Our client is the UK's leading embedded finance provider, using innovative technology to enable partner firms to provide their consumer customers with access to credit products quickly and simply, resulting in game-changing customer experience.
 

Founded with strong values, they are passionate about making people’s lives better by providing simple and fair financial products. Since launching in 2014, individual and institutional investors have lent more than £200m to 30,000 creditworthy people via their platform but they are forecasted to grow to £1bn of loans per annum by 2025.

This role could suit an experienced Analyst with excellent credit risk skills who is looking to step into their first management role.

Responsibilities:

  • Responsible for the day-to-day management of first line credit and concentration risk within Lending Works.
  • Set & monitor Credit Risk appetite, with duties including charing the Credit Risk Committee.
  • Use analytical skills and understanding of the dynamics of consumer credit to skilfully balance risk and reward trade-offs as part of a growing and profitable portfolio. Specifically, but not exclusively, in supporting the development of best-in-class pricing decisioning.
  • Manage requirements of numerous stakeholders including managing a range of concentration risks and contractual requirements against the desire to grow at pace.
  • Ownership of portfolio management levers including policies to deliver outcomes within the agreed framework.
  • Ownership of the risk roadmap & strategy over the medium-term horizon.
  • Management of Credit Analyst(s).

Desirable skills

  • Significant experience and expertise within portfolio and risk management within consumer credit (loans, credit cards, mortgages, retail finance, etc.) including knowledge of key distribution channels and intermediary sales.
  • Keen analytical skills, with a strong knowledge base in risk metrics and returns.
  • Knowledge of and a vision for how automation could unlock the potential of the business.
  • Excellent written and verbal communication skills.
  • A great team player with the ability to work independently and with autonomy.
  • Practical experience in Python desirable.