At a Glance
- Tasks: Lead credit risk strategy for Buy Now Pay Later products in Italy, driving data-driven decisions.
- Company: Join PayPal, a global leader in innovative payment solutions with a focus on inclusion and collaboration.
- Benefits: Enjoy generous paid time off, healthcare coverage, and choice-based wellbeing programs.
- Other info: Flexible hybrid work model with opportunities for professional growth and mentorship.
- Why this job: Make a real impact in the fintech space while working with cutting-edge data science models.
- Qualifications: 3+ years of experience in credit risk analysis and a relevant degree or equivalent experience.
The predicted salary is between 56700 - 69300 £ per year.
The Company PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.
Job Summary Credit Risk Lead for Buy Now Pay Later (BNPL) Italy, part of the Southern Europe BNPL Risk Team. This role will lead credit risk strategy across all Italian BNPL products (Pay in 3, Pay Monthly, and Pay Later 2 Go), owning underwriting, rule writing, portfolio performance, analytics, and CLTV modelling, while providing local oversight of Italy’s consumer credit regulatory requirements (including CCD2 and Bank of Italy).
Essential Responsibilities:
- Lead the development and implementation of advanced data science models.
- Collaborate with stakeholders to understand requirements.
- Drive best practices in data science.
- Ensure data quality and integrity in all processes.
- Mentor and guide junior data scientists.
- Stay updated with the latest trends in data science.
Minimum Qualifications:
- 3+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.
Additional Responsibilities:
- Lead credit risk strategy across all Italian BNPL products, owning underwriting, rule writing, and portfolio performance across the customer lifecycle.
- Work with P&L owners and other stakeholders to analyze, propose, and implement robust credit strategies, and measure their P&L impact to optimize the mix of risk and revenue.
- Build and maintain analytics and CLTV models to guide growth, pricing, and risk appetite decisions.
- Monitor Italian consumer risk trends and loss patterns, and share insights with leadership on book quality, risks, and opportunities.
- Evaluate and manage internal and external data sources, including Italian credit bureaus and other data providers, and assess their contribution to the underwriting process.
- Partner with Compliance and Legal to ensure credit strategies meet Italian consumer credit regulatory requirements, including CCD2.
- Work with Operations and Collections teams to understand and shape the impact of credit strategies on customer communication and collections outcomes.
- Partner with Product and Finance on new product, partner, and channel expansion in Italy, leading the credit risk assessment and strategy.
For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.
Our Benefits include choice-based programs to support all aspects of personal wellbeing—physical, emotional, and financial, generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.
Commitment to Diversity and Inclusion: PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law.
Sr Credit Risk Analyst in London employer: BAM Ventures
At PayPal, we pride ourselves on being an exceptional employer that fosters a dynamic and inclusive work culture. Our hybrid UK-based roles offer employees the flexibility to balance work and life while providing ample opportunities for professional growth and development. With a focus on collaboration and innovation, we empower our team members to drive meaningful impact for our merchants and enjoy a rewarding career journey.
StudySmarter Expert Advice🤫
We think this is how you could land Sr Credit Risk Analyst in London
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We think you need these skills to ace Sr Credit Risk Analyst in London
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to BAM Ventures.
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How to prepare for a job interview at BAM Ventures
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with BAM Ventures.
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Before your interview, reach out to current or former BAM Ventures employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
