Define and maintain credit risk metrics, concentration limits, and portfolio triggers, ensuring consistent measurement across products.
Drive risk-based analysis to inform appetite, cut-off adjustments, and portfolio strategy.
Manage merchant concentration risk and manage the risk framework.
Act as the risk lead counterpart for new product development, providing risk input from concept through to launch.
Assess and articulate risk-return trade-offs to support commercially sound product design decisions.
Identify and monitor novel product risks (e.g. Section 75, merchant concentration) and ensure appropriate governance is in place.
Ensure adherence to internally defined risk limits and externally defined triggers arising from funding and warehouse arrangements.
Act as a key point of contact for funders, auditors, and advisors on credit and product risk matters.
Lead risk-related workstreams for funding due diligence, warehouse renewals, and external reviews.
Own the merchant risk framework, including criteria for throttling, suspension, or enhanced monitoring of merchant partners.
Develop and maintain oversight of merchant-level concentration and performance metrics.
Work closely with commercial and product teams to balance growth objectives with risk limits.
Oversee the impairment framework, including IFRS 9 staging logic, ECL model governance, and assumptions.
Partner with finance to ensure provisions are accurate, defensible, and well-communicated.
Monitor forward-looking indicators and macroeconomic overlays, escalating where necessary.
Provide clear, structured risk updates to Product Steering Committees, Board Risk Committees, and senior management.
Proactively identify emerging risks and ensure timely escalation and remediation.
Define and maintain standardised reporting frameworks, ensuring consistency and comparability as the business scales.
Requirements
At least 3 years’ experience working directly with a relevant retail finance product such as BNPL, Unsecured Personal Loans, retail credit, or point-of-sale finance – with a strong understanding of the product lifecycle and associated risk dynamics.