Senior Credit Risk Manager (Hiring Immediately) in London

Join the Revolution in Car Finance. At Carmoola, we’re changing the way people get on the road – making it faster, fairer, and entirely built around the customer. We’ve started with car finance, reimagining it from the ground up with a seamless, digital experience that puts drivers in control. Since launch, we’ve raised over £430m from top-tier investors, helped over 15,000 customers get behind the wheel – and we’re scaling fast.

To take things to the next level, we’re looking for a sharp, structured, and analytically-minded Senior Credit Risk Manager to develop the strategy and scale a critical part of our business. Our ideal candidate has experience of delivering amazing credit results in an auto lending business.

Your Mission

• You’ll be responsible for optimising our credit risk and affordability strategy, ensuring that lending decisions focus on growth while protecting the financial health of the business.
• You’ll analyse and implement best-in-class decision-making with a high degree of AI and automation that balance business growth aspirations with strong credit outcomes, using data-driven insights and innovative approaches tailored to the unique dynamics of the car loan market.
• This is a high-impact role for someone who loves digging into data, understands how to move from insights to pragmatic in-market strategies, and thrives in fast-paced, high-ownership environments.

What You’ll Be Doing

• Working within a small, experienced risk team to develop new approaches to credit and affordability, taking pragmatic decisions by using a hands-on approach to analytics and data.
• Building scalable processes that balance customer outcomes, operational efficiency, and commercial goals.
• Delivering in-market results by driving credit performance, reducing arrears rates, across the risk spectrum.
• Using data, AI, and data insights to identify trends, inform strategy, and continuously improve processes.
• Ensuring all activities meet regulatory, legal, and compliance standards, with a strong focus on the fair treatment of customers.
• Partnering closely with product, engineering, operations, and finance to integrate lending decisioning into the broader customer journey and company strategy.
• Acting as a senior voice in the business on credit performance, providing regular updates to leadership and contributing to long-term planning.

Requirements

• 5+ years experience of delivering credit results in an auto lending business built on data and AI.
• Solid foundation of delivering data driven results, with experience using SQL/Python, Open Banking and credit modelling.
• Open and collaborative — you work cross-functionally, blending analytics with operational delivery, and naturally bring others along with you.
• Structured thinker — you impose clarity on complex, ambiguous problems and navigate uncertainty with a clear, methodical approach.
• Fast learner and self-starter — you pick up new tools, strategies, and concepts quickly and independently.
• Thrives in fast-paced, complex environments — you’re comfortable with ambiguity and figure things out as you go.
• Organised and deadline-driven — you manage multiple priorities and consistently deliver high-quality results.
• Positive, high-energy problem-solver — you stay solutions-focused and maintain momentum even under pressure.
• Genuine excitement for Carmoola’s mission and the chance to shape the future of how people get on the road.

Benefits

• Competitive salary: £80k-£100k per annum depending on experience.
• Yearly performance-based pay reviews.
• Hybrid working: 3 days a week in our London office, in the heart of beautiful Primrose Hill.
• Holidays: 30 days + bank holidays, plus an extra day on your birthday.
• 15 days a year to work from anywhere.
• Private healthcare.
• Pension: 5% employer matched contribution.
• Join a mega-talented and high performing team.
• The chance to play a pivotal role inside a fast-growing fintech during a meaningful stage of its journey.

If this sounds like your kind of challenge, let’s talk.