Credit Risk Manager – Consumer Lending

About the role

Monzo's Borrowing (lending) business is growing rapidly in Ireland and is looking for a Credit Risk Manager to help drive the credit and growth strategy for its consumer lending products. The role sits within the Credit Discipline, which promotes data-driven decision making, and the candidate works inside a product squad with Product Managers, engineers, designers, marketers and data scientists.

Key responsibilities

• Work with Borrowing squad leadership to develop and execute an ambitious growth strategy
• Collaborate with engineering, marketing, product, risk and control teams to design and deliver new products and customer journeys
• Lead the development and maintenance of the NPV models and affordability strategies behind underwriting decisions
• Monitor and report monthly on Borrowing performance to stakeholders up to executive level
• Work with the Decision Science team to maximise value from internal and external data through ML models
• Promote proactive, high-quality analysis and ensure the right credit capabilities, infrastructure and talent are in place to scale safely

Required profile

• Extensive experience in unsecured lending in Ireland
• Deep understanding of lending economics and experience developing and deploying underwriting strategies and credit models
• Experience with the development and maintenance of NPV models
• Strong understanding of the regulations applying to lending in Ireland
• Project management and cross-team coordination experience
• Ability to communicate clearly to senior leadership and to thrive in a fast-paced environment

Required skills

• Analytical and data capabilities, with technical coding skills
• SQL, Python and Looker experience is a plus

What we offer

• Salary of €93,500 - €114,000 plus performance-based incentive awards
• Hybrid working, based in the Dublin office three days a week, with occasional travel to London
• Flexible working hours and 34 days of annual leave including public holidays
• €1,200 learning budget per year, private healthcare scheme and pension matching up to 6%
• Wellbeing benefits including financial education, health support and mental health coaching and counselling