Lead Credit Analyst, Business Borrowing

London or Remote (UK) | 69,000 to 95,000 + Options + Benefits | Data Team, Borrowing
Our team;
Our Borrowing (lending) team is growing and were looking for Credit Managers and Analysts for our credit risk function, to grow lending to our business banking customers. The ideal candidate should have knowledge of providing credit to small and medium size sole traders and limited companies, automated decisioning and Credit Risk Management activities.
You will work in the credit risk team responsible for credit strategy for our business lending products. As the size of our Business Banking customer base grows, we are building lending products to support our customers funding needs. We aim to create a genuine feel-good factor when it comes to business credit, and are looking for driven, analytical and creative individuals to help us achieve this goal.
With your experience of developing credit risk strategies specifically for small and medium enterprises and building best in class credit capabilities, you'll help drive the success of Monzo's borrowing propositions. You will be responsible for developing our credit and pricing strategies as we bring to market new lending products. You will work with colleagues across teams to make sure we are building profitable lending portfolios and amazing products for our customers.
Your day-to-day:

Leading initiatives designing and implementing credit and pricing strategies for our business lending products
Monitoring the performance of our existing strategies, and iterating to improve them
Supporting the design and roll-out of new products and customer journeys
Leading initiatives to improve our credit underwriting, boost growth and/or manage portfolio risk
Working with people from engineering, marketing, product, risk and control to design and deliver initiatives
Developing and monitoring our credit models to forecast cash flows and assess net present value of new lending cohorts
Writing credit proposals which will be adopted as Monzo underwriting policy
Supporting the design and roll-out of new lending strategies by finding patterns in the data and translating these into insights
Building, maintaining & responsible for the database tables and dashboards that provide insights and promote rapid, data-driven decisions
Assessing how the lending portfolio of particular products will perform over time

You have strong domain expertise in providing lending products to small businesses
You have a deep understanding of how business lending works, including regulation and industry best practice
You have a solid understanding of lending economics and have experience developing and deploying underwriting strategies and credit models
You have strong analytical and data capabilities, backed up by technical coding skills. SQL is a must-have, Python and Looker experience is a plus
You can bring a dynamic energy to the team, and are keen for the chance to improve our products and help ship changes to our customers
You are a strong communicator, able to cut through complex problems and articulate decision points
You have some experience in project management and coordination across teams
You work well collaborating in a team with diverse skill-sets and personality types
You have a working understanding of the regulations that apply to lending in the UK
You are highly motivated and energised by the idea of bringing positive impact to our customers and Monzo

Cardiff, London or Remote (UK)

Were on a mission to make money work for everyone.
Were waving goodbye to the complicated and confusing ways of traditional banking.
With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers!
Were not about selling products - we want to solve problems and change lives through Monzo
Hear from our team about what it's like working at Monzo

Our average process takes around 3-4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process but if you do have any specific questions ahead of this please contact us on tech-hiring@monzo.com.
Whats in it for you:
69,000 to 95,000 plus stock options + benefits
We can help you relocate to the UK
We can sponsor visas
This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London).
We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.
Learning budget of 1,000 a year for books, training courses and conferences
And much more, see our full list of benefits here
#LI-SL1 #LI-Remote
Equal opportunities for everyone
Diversity and inclusion are a priority for us and were making sure we have lots of support for all of our people to grow at Monzo. At Monzo, were embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our blog, 2023 Diversity and Inclusion Report and 2023 Gender Pay Gap Report.
Were an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status.
If you have a preferred name, please use it to apply. We don't need full or birth names at application stage