Head of Credit Risk Germany
Weve already made several billion in funding available to more than 100,000 businesses since we launched in 2012, and positioned ourselves as a leading Fintech in Europe.Our mission is to finance one million businesses. Well get there by continuing to make our finance ever more relevant and accessible to more businesses by combining cutting-edge technology, data science, and a 5-star customer service.The roleWe are looking for an experienced Head of Credit Risk with a strong analytical background, to lead the credit risk function for our lending portfolio in Germany.You will work closely with the Chief Credit Officer, the General Manager for Germany, our data scientists, and teams from across the business to ensure our risk management frameworks, scorecards, and lending strategies are effectively managing credit risk while maximising value creation.Responsibilities include:Being the responsible expert on all things related to credit risk managementDriving informed decision-making to set credit risk appetite appropriately for the economic conditions and iwocas business plan.Developing credit risk management policies and control frameworks, and actively managing adherence.Setting the credit risk agenda aligned to the business strategy, and providing strong leadership to the credit risk team to drive its delivery.Monitoring credit performance on aggregate and by segment.
Proactively driving corrective action where required.Driving improvements to credit risk scorecards, associated scoring processes, and data infrastructure.Providing credit risk expertise to support product development when launching new features, e.g. longer terms, interest only, etc.Supporting the capital markets team by providing credit risk expertise to ensure funding vehicles are set up to provide sufficient capacity, flexibility, and resilience at an appropriate cost.Communicating with equity and debt investors as required around loan book credit performance.The team:Youll join the Credit Risk team, whose primary focus is managing the credit risk profile of our lending portfolios to support iwocas broader business goals and mission.
As Head of Credit Risk for Germany you will be a key member of the team focused on the development of our lending business in Germany.The requirementsStrong analytical background: a degree in Mathematics, Physics, Engineering, or similar quantitative field; or equivalent experience.7+ years experience in credit risk and lending strategy optimisation at a traditional or Fintech lender.Passion for analytical problem-solving, with a strong track record in developing conceptual frameworks and technical execution.
This will include the ability to personally conduct data-driven analysis and guide this work through others.Experience using Python is a plus.Excellent understanding of the statistical techniques and machine learning methods used in credit risk analysis and modelling.Guiding the work of data scientists is an important part of this role.Excellent communication, stakeholder management, and leadership skills.Strong commercial instincts.Experience of the German lending market, SME lending, and German language skills are all beneficial.The salaryWe expect to pay from €125,000 to €160,000 for this role, but were open-minded, so definitely include your salary goals with your application.
We routinely benchmark salaries against market rates, and run quarterly performance and salary reviews.The cultureAt iwoca, we look to hire smart, passionate, humble individuals with a growth mindset. We prioritise a culture of learning, growth, and support, and invest in the professional development of our team members.We value thought and skill diversity, and encourage you to explore new areas of interest to help us innovate and improve our products and services.Our friendly and inclusive environment, combined with our flexible work policies, ensures that youll have the perfect balance between work and life, empowering you to thrive both personally and professionally.