At a Glance
- Tasks: Analyse data to improve credit strategies and support innovative lending products.
- Company: Join a forward-thinking fintech company redefining flexible finance.
- Benefits: Competitive salary, stock options, flexible hours, and a £1,000 learning budget.
- Other info: Collaborative environment with excellent career growth opportunities.
- Why this job: Make a real impact on financial solutions while enjoying remote work flexibility.
- Qualifications: Experience in unsecured retail lending and strong analytical skills required.
The predicted salary is between 55000 - 77000 £ per year.
Our Borrowing business is growing rapidly across both existing products and the planned launch of new initiatives. Flex is an innovative credit card that gives our customers unprecedented visibility and control over their spending, offering features like flexible instalment plans and instant app management. If you are passionate about using data and agile technology to solve real-world financial problems and create a genuine feel-good factor around borrowing, this is your chance to contribute to a product that is defining the future of flexible finance.
With your experience of developing unsecured retail credit risk strategies and building best in class credit capabilities, you will be responsible for developing our credit and pricing strategies for Flex. You will work with colleagues across teams to make sure we are building profitable lending portfolios and amazing products for our customers.
Your day-to-day:
- Working on initiatives to improve our credit underwriting, boost growth and/or manage portfolio risk
- Supporting the design and roll-out of new lending strategies by finding patterns in the data and translating these into insights
- Monitoring the performance of our existing strategies, and iterating to improve them
- Working alongside people from engineering, marketing, product, risk and control to design and deliver product changes
- Developing, maintaining and monitoring our credit models to assess net present value of new lending cohorts to drive strategic business decisions
- Building and maintaining the database tables and dashboards that provide insights and promote rapid, data-driven decisions
- Supporting the design and roll-out of new products and customer journeys
- Assessing how the lending portfolio of particular products will perform over time
How we work:
Our main tech hub is in London, but our data teams are based all over the UK — from Brighton to the Western Isles. We love meeting in person, but there’s no pressure to come into the office, even if you’re nearby. You’ll do your best work where you feel most comfortable. We value flexibility, connection, and wellbeing. You’ll have the freedom to work in a way that fits your life, whether that’s school drop-offs, avoiding rush hour, or making time for what matters most. Work the way that works for you at Monzo!
You should apply if:
- You have experience in unsecured retail lending (e.g. personal loans, credit cards, overdrafts, buy now pay later etc.)
- You have an understanding of how the unsecured retail lending market works including the impact of pricing dynamics on portfolio performance
- You have an understanding of lending economics and have experience developing and deploying underwriting strategies
- You have strong analytical and data capabilities, backed up by technical coding skills. SQL is a must-have, Python and Looker experience is a plus.
- You have a working understanding of the regulations that apply to lending in the UK.
- You thrive in a fast-paced environment and are keen for the chance to improve our products and help ship changes to our customers
- You are a strong communicator, able to cut through complex problems and articulate decision points
- You have some experience in project management and coordination across teams
- You work well collaborating in a team with diverse skill-sets and personality types
- You are highly motivated and energised by the idea of bringing positive impact to our customers and Monzo
The interview process involves 4 main stages:
- Recruiter call
- Initial call
- Take home task
- Final stage (x3 interviews) consisting of a case study, role specific interview and collaboration interview
Our average process takes around 3-4 weeks but we will always work around your availability.
What’s in it for you:
- £55,000 to £77,000 + stock options + benefits
- We can sponsor visas
- 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).
- 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
- And much more, see our full list of benefits here
Remote Credit Analyst, Flex in Armagh employer: Referrals Only
As a Remote Senior Lead Product Designer at our innovative company, you'll be part of a dynamic design team dedicated to creating impactful solutions that make money work for everyone. We foster a collaborative and inclusive work culture, offering extensive employee growth opportunities and a competitive benefits package, all while allowing you the flexibility of remote work from anywhere in the UK. Join us to contribute to meaningful projects and experience a supportive environment that values creativity and professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Remote Credit Analyst, Flex in Armagh
✨Tip Number 1
Get to know the company inside out! Research their products, values, and recent news. This will help you tailor your conversations during interviews and show that you're genuinely interested in being part of the team.
✨Tip Number 2
Practice makes perfect! Prepare for common interview questions related to credit analysis and data strategies. Use the STAR method (Situation, Task, Action, Result) to structure your answers and highlight your achievements.
✨Tip Number 3
Network like a pro! Connect with current employees on LinkedIn or attend industry events. This can give you insider tips about the company culture and even lead to referrals, which can boost your chances of landing the job.
✨Tip Number 4
Don’t forget to follow up! After your interviews, send a thank-you email to express your appreciation for the opportunity. It’s a great way to reinforce your interest and keep you top of mind for the hiring team.
We think you need these skills to ace Remote Credit Analyst, Flex in Armagh
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the role of Credit Analyst. Highlight your experience in unsecured retail lending and any relevant analytical skills. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about flexible finance and how you can contribute to our team. Keep it concise but impactful – we love a good story!
Show Off Your Data Skills:Since this role involves a lot of data analysis, make sure to showcase your technical skills, especially in SQL and any experience with Python or Looker. We want to know how you can use data to drive decisions!
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!
How to prepare for a job interview at Referrals Only
✨Know Your Numbers
As a Credit Analyst, you'll be dealing with data all the time. Brush up on your SQL and Python skills before the interview. Be ready to discuss how you've used data to drive decisions in past roles, especially in unsecured retail lending.
✨Understand the Market
Make sure you have a solid grasp of the unsecured retail lending market. Familiarise yourself with pricing dynamics and how they affect portfolio performance. This knowledge will help you stand out when discussing strategies during the interview.
✨Show Your Collaborative Spirit
You'll be working with diverse teams, so highlight your experience in collaboration. Prepare examples of how you've successfully worked with engineering, marketing, or risk teams to deliver product changes or improve processes.
✨Prepare for Case Studies
The final stage includes a case study, so practice analysing data and presenting your findings clearly. Think about how you would approach real-world scenarios related to credit underwriting and portfolio management, as this will showcase your analytical skills.
