At a Glance
- Tasks: Lead underwriting strategy and optimise credit risk for our innovative rewards card.
- Company: Join Yonder, a dynamic fintech revolutionising the credit card experience.
- Benefits: Competitive salary, stock options, 35 holidays, and private healthcare.
- Other info: Office-first culture with regular team events and a focus on personal development.
- Why this job: Make a real impact in a fast-paced environment with no red tape.
- Qualifications: Experience in credit risk management and strong analytical skills required.
The predicted salary is between 59400 - 72600 £ per year.
Yonder is a credit or debit rewards card that is designed to be fair, flexible, and actually enjoyable to use. If you want to work somewhere that's at a genuine inflection point, and on a product that our members really love, come Yonder with us.
We're looking for a Senior Credit Risk Manager to own underwriting strategy end to end. This includes setting risk boundaries, the decisioning rules and models that action it, and the portfolio outcomes that prove it worked. This is a senior, hands-on role, and will have significant exposure to leadership who are committed to supporting the right outcomes.
What you'll do:
- Leading underwriting strategy, balancing responsible lending, portfolio performance and receivables growth within our agreed credit risk appetite.
- Designing, testing and refining strategy across the lifecycle, including application scoring, affordability, price and line setting, and price and line management.
- Managing pricing and line dynamics by channel to optimise both growth and return.
- Translating strategy into production by building and maintaining decisioning rules and policy directly in our decisioning engine.
- Leading portfolio monitoring, ensuring vintage curves, arrears, roll rates and early warning indicators are tracked.
- Driving the credit risk narrative for governance, owning the analysis and materials supporting Credit Committee, Board and regulatory engagement.
- Partnering closely with Finance, Fraud, Collections, Marketing and Product.
- Identifying the required data to deliver a step change in our decisions.
- Bringing rigour to a space still building its playbook.
You're a great fit if:
- You have real ownership of underwriting strategy and deep experience in financial services credit risk.
- You’ve priced and managed risk in non-prime or near-prime unsecured lending.
- You’re expert-level with SQL and/or Python.
- You can present underwriting strategy and portfolio performance to senior levels.
- You have a builder's instinct and genuine judgement about risk appetite.
- You have exposure to a decisioning platform.
You won't be a great fit if:
- You'd rather analyse than decide.
- You want established playbooks to follow.
- You want distance from the numbers.
- You want a fully remote role.
- You need red tape between an idea and a live test.
What's it like working at Yonder?
- We're office-first, remote-friendly.
- We take a values-led approach.
- We take development really seriously.
What's in it for me?
- £111,342 - £126,347 annual salary depending on experience.
- £107,590 - £130,099 stock options plus 35 holidays.
- Regular team building trips and activities.
- Private healthcare with Bupa.
- 12 weeks enhanced parental leave for all parents after being with Yonder for 1 year.
- Learning & training allowance (£750/year).
- Monthly team events.
- Cycle to work scheme.
What's the interview process like?
- Stage 1: Intro call (45 mins).
- Stage 2: Take home task (48 hours to complete).
- Stage 3: Face-to-face interview (2.5 hours).
- Stage 4: Offer.
Other things to know:
- We love closing the feedback loop at Yonder.
- We must complete the right to work, criminal background, credit and media checks for every new Yonder-er.
- We know that diverse teams build better products.
Senior Credit Risk Manager employer: Yonder Global Group
Yonder Global Group is an exceptional employer that fosters a culture of ownership and autonomy, empowering employees to drive meaningful outcomes for our partners in the dining and hospitality sectors. With a strong focus on data-driven strategies, we offer ample opportunities for professional growth and collaboration across teams, ensuring that every team member can contribute to and benefit from our collective success. Located in a vibrant area, our workplace promotes a dynamic environment where innovation thrives and employee well-being is prioritised.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Manager
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Yonder Global Group. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Credit Risk Manager
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 Yonder Global Group.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Yonder Global Group's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Yonder Global Group
✨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 Yonder Global Group.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Yonder Global Group will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Yonder Global Group 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.
