Our client is going through an exciting new phase of growth and is looking for a motivated individual who is an expert in credit risk, brings a deep understanding of motor finance industry and is passionate about leveraging data & technology to transform the lending journeys.
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Key Responsibilities & Accountabilities:
Credit Risk
* Ensure that the loan portfolio performs within the appetite set by the Board and agreed with funders.
* Own the approval policy covering both automated rules and manual underwriting.
* Be the custodian of all scoring and loss forecasting models in the organisation.
* Embed a data driven approach to all credit decisions, monitoring performance and taking timely actions to mitigate emerging risks.
* Partner with the underwriting teams, continually thinking of ways to improve customer outcomes
Leadership
* Be the point person for credit risk acting as a Subject Matter Expert in all stakeholder discussions including funders, regulators and auditors, as required.
* Commercial thinker focussed on delivering business solutions in partnership with sales & operations
* Act to deliver good outcomes for our customers and understand how this requirement specifically applies to their role
Person Specification:
* Experienced in the auto finance sector; preferably, for an organization which has scaled up at pace.
* Expertise in credit policy, scorecards, loss forecasting and collections strategy development.
* Commercially minded, data driven individual with an entrepreneurial mindset.
* Good understanding of UK regulatory regime; including FCA guidelines & PRA norms.
* Excellent communicator who can work across diverse stakeholder groups; comfortable presenting and explaining technical information in a non-technical way.
* Degree or work experience in a numerate or analytical subject (Mathematics, Statistics, Computer Science, Economics, Physics or Engineering)