Principal Duties and Responsibilities Strategic LeadershipDevelop and implement a comprehensive credit risk management strategy that supports the company’s growth objectives.Monitor industry trends, competitive practices, and regulatory changes to guide strategic decision-making.Collaborate with the executive team to embed credit risk considerations into overall business strategy.Portfolio Performance ManagementDesign and oversee portfolio reports, dashboards, and KPIs to measure portfolio profitability and risk performance.Build and maintain strong cross-functional relationships with Marketing, IT, Legal/Compliance, and other teams to align risk management initiatives with business objectives.Partner with internal risk teams to optimize the efficiency and effectiveness of end-to-end risk programs.Evaluate risk and profitability of new products and marketing channels, recommending and executing strategies to enhance performance.Collaborate with Product and Marketing teams to establish targets for key financial levers, including first-pay defaults, funding rates, acquisition costs, and overall profitability.Innovation and Technology IntegrationLead the adoption of innovative technologies, including AI and advanced data analytics, to strengthen risk assessment processes.Identify opportunities to enhance customer experience and operational efficiency through technology-driven solutions.Team Leadership and DevelopmentLead, mentor, and inspire a high-performing risk management team, fostering a culture of accountability, collaboration, and innovation.Promote professional growth by ensuring access to training and development resources for team members.Regulatory Compliance and GovernanceEnsure all credit risk practices comply with applicable laws, regulations, and industry standards.Work closely with Legal and Compliance teams to develop policies and procedures aligned with best practices and regulatory requirements.Stakeholder EngagementCultivate strong relationships with internal and external stakeholders, including executives, product teams, and regulatory authorities.Communicate credit risk strategies, insights, and recommendations to the board and senior leadership clearly and persuasively.Experience and EducationMaster’s degree in Finance, Business Administration, Economics, or a related field; PhD preferred.Minimum of 10 years of experience in credit risk management, preferably in financial services or online lending.Proven track record of strategic leadership and delivering high-impact initiatives.Deep expertise in credit risk modeling, including machine learning and advanced analytics techniques.Comprehensive knowledge of regulatory requirements and best practices in credit risk management.
Connor Nurse