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Head Of Credit

Employer
Auden
Location
Civic Centre, Wythenshawe, United Kingdom
Salary
Competitive Salary
Closing date
Oct 1, 2020

View more

Job Role
Credit Control
Sector
Finance
Contract Type
Permanent
Hours
Full Time

Auden has an exciting opportunity for Head of Credit to join our rapidly expanding team as we head towards the national launch of our first product.


We're creating a big brand, supported by a pioneering technology and data platform, all focussed on delivering the right outcomes for customers.


Located in the iconic Bonded Warehouse in Manchester, the home of the Old Granada Studios, this is a unique opportunity for a Head of Credit to join our ambitious and talented team.


Your role

As the Head of Credit, you'll be responsible for delivering a competitive edge to our credit risk approach and wider underwriting strategy. You'll lead the way with how we manage and shape our credit in line with defined risk appetite and industry best practices, whilst upholding the highest standards of regulatory compliance.


We'll be looking to you to undertake independent and comprehensive credit reviews, monitoring and management of a customer risk profile to make key credit decisions for our products.


This role is ideally suited to either an experienced Head of Credit, or someone with relevant consumer credit experience who is ready to make their first move into a senior management position.


What you'll be doing

  • Lead the Credit Risk strategy for existing and future consumer lending products within agreed tolerance and FCA regulations.
  • Develop and refine bespoke credit models to underwrite our expanding customer base in alignment with strategic business objectives.
  • Lead the underwriting team to design and implement appropriate credit and affordability models.
  • Develop analytical tools, stress scenarios and risk reports to manage risk exposure and enhance decision making.
  • Work closely with other departments including Operations, Product, and Compliance, to ensure the Credit Risk appetite is maintained in all areas.
  • Advise the Board, ExCo, and investors, on credit risk exposure and framework.
  • Proactively identify gaps and opportunities in Credit Risk approach and develop and execute plans to drive a continuous improvement cycle.


Your skills and experience

  • An extensive credit risk background within a SME environment, ideally within consumer lending.
  • Knowledge of legislation and regulation relating to consumer credit and the FCA.
  • Takes a proactive approach to the development of credit risk models, preferring to build for long term automation and scale to deliver commercial value.
  • Delivered credit risk frameworks and policies for consumer lending product (preferably at a smaller size firm and a good understanding of the challenges a Fintech might face).
  • Ideal candidates are likely to have worked at different types of regulated consumer lending firms and thrived in both.
  • Practical experience in developing and monitoring risk scorecards for lending and automating underwriting process.
  • Self-learner - we will supply the tools and support, but in a small fast moving Fintech we would like a high degree of self-motivation to develop and improve technical skills.
  • Ability to own delivery, but also accept and respond to feedback to drive better outcomes.
  • Excellent communicator that can articulate the thought behind proposals.
  • Able to collaborate with the engineers and the wider company on strategy and delivery.


Your package and perks

This role offers a competitve salary plus you'll enjoy a wide-ranging benefits package worth 10% of your salary. You can take your pick from things that matter to you including healthcare, life insurance and enhanced pension contributions.


We're proud to offer incredible maternity and paternity options to those who are expecting a new arrival. There are also a bunch of everyday perks that'll make life easier and even save you money.


About Auden

At Auden we're on a mission to build a great business by doing the right thing. Imagine working for a company that revolutionised entire sectors, earning trust each step of the way.


Innovation in technology and data along with timeless values are at the heart of our business. We believe that companies of the future will thrive by operating in a socially responsible way.


Our first product is a short-term loan that's easier, fairer and cheaper for people who've typically been underserved or overcharged. We've developed a range of new products and services that will be affordable, flexible and always on the side of our customers with many more in the pipeline.


What next?

Our office is already bursting with diversity, talent and experience. Why not join us?


We're committed to creating a workplace that reflects the world we live in. All you need is the drive and desire to join one of the most ambitious and well-funded new companies around.


If you're a Head of Credit and want to be part of the team that's revolutionising the way UK finance works, apply now.

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