At a Glance
- Tasks: Lead the strategy for consumer credit products and ensure compliance with regulations.
- Company: Join a dynamic international company focused on innovative financial solutions.
- Benefits: Enjoy a permanent role with opportunities for professional growth and development.
- Why this job: Be at the forefront of transforming consumer credit while making a real impact.
- Qualifications: Experience in financial services and knowledge of credit lending is essential.
- Other info: This role involves collaboration with third parties and requires strategic oversight.
The predicted salary is between 48000 - 72000 £ per year.
Develop and implement the Company's commercial overall strategy for consumer credit products, ensuring alignment with regulations, legislation and broader Company businesses.
Key Duties (Including but not limited to):
- Identify market trends, emerging risks and consumer needs.
- Design a clear end-to-end product roadmap including customer facing and back end administrative processes.
- Act as consumer credit lead for the Company’s commercial transformation programme, which includes migration to a new credit facility with a third party.
- Oversee design and launch of changes to consumer credit proposition, which meet regulatory standards and customer expectations.
- Own third party relationships and implement a framework to oversee effectiveness and monitor appropriateness of consumer outcomes.
Experience of working in a large international business with group requirements, UK policy and frameworks, and local requirements. Financial Services industry knowledge of how key issues and risks affect credit lending and broking.
Head of Consumer Credit Solutions - 28445 employer: The Emerald Group
Contact Detail:
The Emerald Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Consumer Credit Solutions - 28445
✨Tip Number 1
Familiarise yourself with the latest trends in consumer credit solutions. Understanding current market dynamics and emerging risks will not only help you in interviews but also demonstrate your proactive approach to the role.
✨Tip Number 2
Network with professionals in the financial services industry, especially those who have experience in consumer credit. Engaging in conversations can provide insights into best practices and may even lead to referrals.
✨Tip Number 3
Stay updated on regulatory changes affecting consumer credit. Being knowledgeable about compliance issues will show that you are prepared to navigate the complexities of the role effectively.
✨Tip Number 4
Prepare to discuss your experience with third-party relationships and how you've managed them in previous roles. This is crucial for the position, and showcasing your ability to oversee effectiveness will set you apart.
We think you need these skills to ace Head of Consumer Credit Solutions - 28445
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of the Head of Consumer Credit Solutions. Familiarise yourself with the key duties mentioned in the job description, such as developing strategies and overseeing consumer credit propositions.
Tailor Your CV: Customise your CV to highlight relevant experience in consumer credit and financial services. Emphasise your understanding of market trends, regulatory standards, and your ability to manage third-party relationships.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for consumer credit solutions. Discuss how your previous experiences align with the company's goals and how you can contribute to their commercial transformation programme.
Highlight Relevant Achievements: In both your CV and cover letter, include specific examples of past achievements that demonstrate your expertise in credit lending, risk management, and product development. Use metrics where possible to quantify your impact.
How to prepare for a job interview at The Emerald Group
✨Understand the Regulatory Landscape
Familiarise yourself with the current regulations and legislation surrounding consumer credit. Be prepared to discuss how these impact product development and customer outcomes, as this role requires a strong alignment with compliance.
✨Showcase Your Strategic Thinking
Prepare to articulate your vision for the commercial strategy of consumer credit products. Think about market trends and emerging risks, and be ready to present ideas on how to address consumer needs effectively.
✨Demonstrate Experience with Third-Party Relationships
Highlight any previous experience managing third-party relationships, especially in the context of credit facilities. Discuss how you have ensured effectiveness and monitored outcomes in past roles.
✨Prepare for Questions on Transformation Programmes
Since this role involves leading a commercial transformation programme, be ready to discuss your experience with similar initiatives. Think about challenges you've faced and how you successfully navigated them to achieve desired outcomes.