At a Glance
- Tasks: Lead credit strategy oversight and manage risk in consumer lending.
- Company: Join Monzo, a tech-driven company revolutionising finance.
- Benefits: Competitive salary, flexible hours, learning budget, and remote work options.
- Other info: Dynamic team environment with opportunities for growth and development.
- Why this job: Make a real impact in credit strategy while working with innovative technology.
- Qualifications: Experience in credit risk management and strong data analysis skills.
The predicted salary is between 125400 - 150000 £ per year.
About This Role
You should apply if you:
- Have significant practical experience in credit risk management within consumer or small business lending - experience in unsecured, revolving products would be particularly beneficial.
- Are data driven, and comfortable defining and interpreting analysis to understand credit performance and trends. Being able to get hands-on with data is a plus - so experience in SQL, Python or similar is a bonus!
- Understand how to balance risk and commercial outcomes, with experience in using scorecards and NPV models to develop strategies for making credit decisions.
- Have exceptional written and verbal communication skills that can be flexed for different audiences.
- Are an effective leader and people manager, with the ability to build and nurture high performing teams.
- Think strategically but are able to work in detail with your team.
- Have a track record of building and maintaining trusting relationships with stakeholders at all levels, and can provide effective and respectful challenge.
- Are passionate about technology, and what we’re doing here at Monzo excites you!
The interview process:
Our interview process usually involves up to four main stages via Google Hangouts:
- An initial call with our recruiter.
- A call with our Credit Risk Oversight Director, the hiring manager for the role.
- A role-specific call with colleagues from 1st Line Credit.
- A leadership and values call.
What’s in it for you
- £125,400 - £150,000.
- Incentive Awards tied to your performance.
- This role can be based in our London office, but we're open to distributed working within the UK (with ad hoc meetings in London, the team currently meet once per week).
- We offer flexible working hours and trust you to work enough hours to do your job well, at times that suit you and your team.
- Learning budget of £1,000 a year for books, training courses and conferences.
- We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup.
- And much more, see our full list of benefits.
Our average process takes around 6 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team at various points during your process.
Identity survey
Our goal at Monzo is to make money work for everyone. To do that, working at Monzo must work for everyone. We want to create an equitable, engaged and innovative workplace which gives people from all backgrounds the support they need to thrive and grow.
Making Monzo work for everyone starts right at the beginning of every Monzonaut's journey: when they apply to work here. This demographic survey will help us better understand the people who apply to work at Monzo. It'll help us see how different groups progress through our hiring process, and where we need to make improvements to be more inclusive.
If you choose to fill it out, all of the information you give us is:
- Voluntary. And we've included a "prefer not to say" option for every question.
- Anonymous to Monzo. We can't tie your responses to you and they won't make a difference to the outcome of your application. We'll only use grouped responses for equal opportunities monitoring in our hiring process.
For more information on how we'll use this data, please read our candidate privacy notice. By filling out this survey, you agree that we can use your responses for the purposes we've mentioned above.
You are not letting us know if we need to make any adjustments to the hiring process because of disability or neurodiversity - to do this please email us.
Head of Credit Strategy Oversight in Cardiff employer: InforCapital, partnership
At Monzo, we pride ourselves on being an exceptional employer that fosters a culture of innovation and inclusivity. With flexible working arrangements, a generous learning budget, and a commitment to employee growth, we empower our team members to thrive in their roles while balancing personal and professional commitments. Our Cardiff and London locations offer vibrant environments for collaboration, making it an exciting place to contribute to the future of finance.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Credit Strategy Oversight in Cardiff
✨Tip Number 1
Get to know the company inside out! Research Monzo's values, culture, and recent news. This will help you tailor your responses during interviews and show that you're genuinely interested in being part of the team.
✨Tip Number 2
Practice makes perfect! Prepare for the interview stages by doing mock interviews with friends or using online resources. Focus on articulating your experience in credit risk management and how it aligns with the role.
✨Tip Number 3
Don’t underestimate the power of networking! Connect with current employees on LinkedIn or attend industry events. Building relationships can give you insights into the company and potentially a foot in the door.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, you’ll be able to track your progress and get updates directly from us. Don’t miss out on this opportunity!
We think you need these skills to ace Head of Credit Strategy Oversight in Cardiff
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Head of Credit Strategy Oversight role. Highlight your experience in credit risk management and any relevant data skills, like SQL or Python, to show us you're the perfect fit!
Showcase Your Communication Skills:Since exceptional written and verbal communication is key for this role, use your application to demonstrate these skills. Keep it clear, concise, and engaging – we want to see how you can flex your style for different audiences!
Highlight Leadership Experience:We’re looking for someone who can lead and nurture high-performing teams. Share examples of your leadership experience and how you've built trusting relationships with stakeholders. This will help us see your potential as a leader at StudySmarter.
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to keep track of your application and ensure you don’t miss out on any updates. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at InforCapital, partnership
✨Know Your Credit Risk Inside Out
Make sure you brush up on your credit risk management knowledge, especially in consumer and small business lending. Be ready to discuss specific examples of how you've balanced risk and commercial outcomes in your previous roles.
✨Get Hands-On with Data
Since this role is data-driven, it’s crucial to demonstrate your comfort with data analysis. If you have experience with SQL or Python, prepare to share how you've used these tools to interpret credit performance and trends.
✨Communicate Like a Pro
Exceptional communication skills are key for this position. Practice explaining complex credit strategies in simple terms, as you'll need to flex your communication style for different audiences during the interview.
✨Showcase Your Leadership Skills
Be ready to discuss your experience in building and nurturing high-performing teams. Think of specific instances where you've effectively managed people and built trusting relationships with stakeholders at all levels.
