Monese

Head of Department

• Stand up the UK consumer credit risk function from the ground up
• Partner with Product, Finance, Legal and Compliance to take lending propositions from concept to launch
• Define lending criteria, target borrowers, terms and pricing for fair value
• Set risk appetite and credit policy for a new regulated consumer credit product
• Design and implement affordability, creditworthiness and decisioning logic using credit bureau, Open Banking and account-behaviour data
• Build vulnerable-customer identification into credit processes
• Lead end-to-end procurement and implementation of the loan management or decisioning platform
• Work with Tech and Product on bureau, Open Banking and payments integration
• Design arrears and collections strategy in line with CONC 7
• Select and manage outsourced collections partners and own the commercial and oversight relationship
• Ensure credit processes satisfy FCA requirements, CONC, Consumer Duty and the Consumer Credit Act
• Support regulatory engagement, including Principle 11 notification and Variation of Permission
• Establish credit risk MI and reporting
• Own loss forecasting, IFRS 9 provisioning, vintage and portfolio analysis
• Build feedback loops from portfolio performance into policy
• Start hands-on, then hire and lead the credit risk function as the book scales
• Report to the CFO and serve as senior owner of credit risk

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