About Salary Finance
Salary Finance is a leading global FinTech platform. We support a community of 4M employees across 575 clients (inc 20% of the FTSE 100) in the UK and US, and provide a suite of financial employee benefits, to help employees improve their financial health and happiness. Our platform provides salary-linked savings, loans, pay advances, insurance and financial education. We have a team of 200 brilliant and passionate colleagues in 3 countries and have the backing of great investors (Blenheim Chalcot, Legal & General, Experian, Goldman Sachs, Royal London, Virgin Money) with £100M in equity and £500M in debt funding raised to-date. We have won over 70 awards for our work, including MoneyAge's Consumer Champion of the Year, Prince Charles' BITC Responsible Business of the Year, and the Global Impact Award from Sadiq Khan for our US growth.
We were co-founded by entrepreneurs Asesh Sarkar (Global CEO), Daniel Shakhani, and former Head of Google UK and Ireland Dan Cobley (Chairman) and are authorised by the FCA.
Your role in our mission
We are looking for an exceptional Credit Risk Manager to be part of our amazing business and help us develop the credit risk function. You will work closely with teams such as Commercial, Finance, Marketing and Product. This role will report to the Head of Credit Risk.
Who you are
We embrace our differences but there’s one thing we like to share our values, so it’s important to us you are:
- Fearless, and able to make the impossible possible.
- Responsible, and want to help build a business that delivers a meaningful difference to society.
- Dedicated and want to commit to an exciting journey even through the highs and lows. ● Empathetic and truly care about every colleague and customer.
- United, because you understand we achieve more when we work as a team. ● Humble, and take feedback as a way to continuously improve.
The essentials
- You have 5+ years of work experience in Credit Risk roles and of them 3+ years of managing small teams.
- You work in Consumer and or Commercial lending space for 5+ years
- Expert skills using SQL to retrieve and analyse data from a database
- You have experience managing credit risk portfolios through a 3rd party partnership (dealer, broker, retail, aggregators etc).
- You have strong experience developing Credit Risk MI and have strong analytical capabilities, able to interrogate data, produce analytics and turn these into meaningful insights and recommendations.
- You have experience in creating strategies for either Acquisition or Account management. ● You have experience in stakeholder management, and translating your findings into actionable insights
- You have real enthusiasm to work in a fast growth fintech - you will thrive if you are a self-motivated, fast-paced, action oriented, “roll your sleeves up and get-things-done”
The “good to haves” but not essential
- You have experience in unsecured loans.
- You have experience in pricing.
- You have experience in supporting scorecard development and monitoring. ● You are comfortable working with Google Suite tools.
What you’ll do
- Work with internal and external stakeholders and teams to help drive the development and improvement of the Employer Risk function and revive the Aggregators channel. ● Work with a Commercial team to assess the Risk of opening a new partner (Employer) and monitoring the relationship during the years.
- Develop, automate Credit Risk MI across our products to drive efficient insights for Credit Risk Decisions.
- Provide analysis and insights into credit performance, partnership/customer behaviour and profitability in order to shape and recommend value-creating lending strategies. ● Support the creation of various Committee and Board materials regularly where we communicate to the Board and the wider business how our portfolio is performing and propose improvements to our credit strategy from an Employer and Aggregators perspective. ● Work closely with the data scientists to drive the development of third parties scorecards and scorecard monitoring.
- Assist with relevant data requests and Credit Risk insights across the business to ensure accurate data and robust insights feed into other parts of the business.
- Support necessary changes to ensure ongoing regulatory compliance.
- Work within cross-functional squads to deliver key business initiatives.
What’s in it for you?
- Company bonus scheme
- 25 days holiday with an extra day off on your birthday
- Hybrid working arrangements so you can work from the office and from home with a budget to help you get set up
- Generous company benefits to include pension and life assurance and an annual allowance to spend on medical insurance, health cash plan, denplan, gym memberships ● Enhanced policies that are family and pet friendly, to include company sick pay and Peternity leave
- Annual personal learning budget
- Great career development in a fast paced environment
- Regular company socials (post covid, although we've got quite good at virtual ones too!) ● Volunteer days as part of our CSR program
- Being part of a collaborative and entrepreneurial team working in our brand new, purpose-built offices at Scale Space, White City
- Being part of a community of Blenheim Chalcot-backed fintech growth businesses including ClearScore, Liberis, Kodoo and Modulr, with opportunities to share and learn together ● More great perks to include complimentary fresh fruit weekly, cycle to work, help to save and much more!
Who you are
We embrace our differences but there’s one thing we like to share our values, so it’s important to us you are:
- Fearless, and able to make the impossible possible.
- Responsible, and want to help build a business that delivers a meaningful difference to society.
- Dedicated and want to commit to an exciting journey even through the highs and lows. ● Empathetic and truly care about every colleague and customer.
- United, because you understand we achieve more when we work as a team. ● Humble, and take feedback as a way to continuously improve.
We’re looking for people that will get stuck in and make a difference. We have a great collaborative, entrepreneurial team and are passionate about what we do. If you want to join a team that is changing people’s lives for the better then we’d love to hear from you.
Learn more at salaryfinance.com
Salary Finance is proud to be an equal opportunities employer. We celebrate diversity and are committed to creating an inclusive work environment where all employees and applicants can flourish.