About the role

  • Credit Analyst at Monzo focusing on developing credit and pricing strategies for the Flex product. Using data to enhance credit underwriting and manage portfolio risk.

Responsibilities

  • 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

Requirements

  • experience in unsecured retail lending (e.g. personal loans, credit cards, overdrafts, buy now pay later etc.)
  • understanding of how the unsecured retail lending market works including the impact of pricing dynamics on portfolio performance
  • understanding of lending economics and have experience developing and deploying underwriting strategies
  • strong analytical and data capabilities, backed up by technical coding skills. SQL is a must-have, Python and Looker experience is a plus.
  • working understanding of the regulations that apply to lending in the UK.
  • thrive in a fast-paced environment and are keen for the chance to improve our products and help ship changes to our customers
  • strong communicator, able to cut through complex problems and articulate decision points
  • some experience in project management and coordination across teams
  • work well collaborating in a team with diverse skill-sets and personality types
  • highly motivated and energised by the idea of bringing positive impact to our customers and Monzo

Benefits

  • stock options
  • Learning budget of £1,000 a year for books, training courses and conferences
  • flexible working hours
  • trust you to work enough hours to do your job well, at times that suit you and your team.
  • benefit options

Job title

Credit Analyst, Flex

Job type

Experience level

Mid levelSenior

Salary

£55,000 - £77,000 per year

Degree requirement

Bachelor's Degree

Tech skills

Location requirements

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