Head of Retail Credit Risk (Fintech)

TL;DR

Head of Retail Credit Risk (Fintech): Defining and owning the Group's credit risk framework and risk appetite for retail and business lending with an accent on regulatory compliance (PRA/FCA, Basel) and portfolio profitability. Focus on designing credit governance frameworks, overseeing IFRS9/Basel models, and synthesizing complex data for board-level stakeholders.

Location: Remote, must be based in the UK

Company

Global financial super app providing spending, saving, and investing services to over 75 million customers worldwide.

What you will do

• Define and own the Group's credit risk framework and risk appetite across all products, including secured and unsecured lending.
• Act as the primary point of contact for credit risk in the UK and oversee responses to regulatory inquiries (ICAAP, stress testing).
• Establish risk governance for the full lifecycle of new product development (NPD) for retail and business lending.
• Advise the Group CRO and Board on the credit risk profile and identify emerging systemic risks.
• Oversee the validation and monitoring of credit risk models, including IFRS9 and Basel models.
• Lead and manage a high-performing team of risk specialists and data scientists.

Requirements

• Expertise in leading credit risk management for a global financial institution.
• Deep understanding of the credit lifecycle for secured and unsecured retail, business, and commercial lending.
• Proven track record with consolidated supervision frameworks (PRA/FCA), ICAAP, and Basel regulatory expectations.
• Ability to design credit governance frameworks and work across three lines of defense.
• Experience managing risk across multiple legal entities or regions.
• Must be based in the UK.

Nice to have

• Experience managing credit portfolios in a high-growth, digital-first banking environment.
• Technical proficiency in SQL, R, or Python for model validation and data strategy.
• Expertise in scaling a credit risk function within a rapidly expanding financial group.

Culture & Benefits

• Certified Great Place to Work™ with a strong emphasis on employee experience.
• Inclusive environment supported by a dedicated D&I Framework.
• Opportunity to work in a fast-paced, innovative environment building a financial super app.
• Multicultural team with over 13,000 employees globally.