Credit Risk Oversight Manager

1 hour, 15 minutes ago
Full-time
Mid Level
Data Science and Analytics
Monzo

Monzo

Monzo is a digital retail bank and fintech company that provides smart banking solutions through its smartphone app. With over 8 million users, Monzo offers intelligent notifications, instant balance updates, and financial management tools to help user...

Banks
1K-5K
Founded 2015
$1100M raised

Description

  • Analyze existing lending product performance and develop credit risk monitoring metrics.
  • Partner with first-line teams on credit strategy changes, new products, and pilots while ensuring alignment with Risk Appetite.
  • Provide data-driven insight, feedback, and actionable challenges on credit strategies.
  • Lead second-line assurance work, including thematic reviews.
  • Collaborate with model validation and development teams on models supporting credit strategies.
  • Provide credit expertise for strategic projects, stress testing, forecasting, and other critical processes.
  • Maintain and embed Monzo’s Credit Risk Framework across the business.
  • Promote proportionate, effective risk management in day-to-day operations.
  • Present analysis and recommendations to relevant committees, forums, and stakeholders.

Requirements

  • Strong experience in credit risk management within consumer or small-business lending.
  • Experience with unsecured products such as credit cards, loans, or overdrafts preferred.
  • Experience shaping or overseeing lending strategies across different credit-cycle stages.
  • Strong analytical skills, including data interrogation, monitoring development, and identification of early trends.
  • Hands-on experience with or understanding of credit risk scorecards and NPV models.
  • SQL or a similar technical language is required.
  • Experience with Looker, Power BI, Tableau, or another data-visualization tool preferred.
  • Interest in using AI tools to improve credit and risk-management processes.
  • Ability to communicate complex problems and solutions clearly to non-experts.
  • Track record of building trusted stakeholder relationships while providing constructive challenge.

Benefits

  • £79,900–£95,000 salary plus performance-based incentive awards.
  • UK-remote, London, or Cardiff working options with occasional London meetings.
  • Flexible working hours.
  • £1,000 annual learning budget for books, courses, and conferences.
  • MacBook and home-working equipment support.
  • Additional company benefits and an inclusive, equal-opportunity workplace.

Interested in this position?

Apply directly on the company website

Apply Now

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