About the job
LemFi (Series B) is revolutionizing financial services for the Global South.
Relocating shouldn't mean starting from scratch. Our team of over 400 professionals across 20+ countries is dedicated to creating a financial ecosystem that empowers immigrants to stay connected to their roots, build financial stability, and achieve wealth irrespective of their origin or current location.
What began as a solution for fast and affordable remittances has now transformed into a comprehensive platform offering multi-currency accounts, payments, credit, and long-term financial growth.
With millions of users worldwide, we facilitate over $1 billion in transactions monthly to 30+ countries, demonstrating that financial opportunities should not be confined by geographical boundaries.
Your Role
As the Director of Credit Risk, you will be responsible for managing the risk aspects of the UK Credit P&L, serving as a commercial leader who expertly balances risk-adjusted margins with growth. Reporting to the VP of Credit, you will lead a dynamic team and act as the primary credit representative across product, collections, and capital markets as the company scales.
Your Contributions
P&L Management: Oversee the risk-adjusted margins throughout the portfolio and refine pricing strategies to ensure all segments deliver profitable returns.
Decisioning Framework: Lead the development and execution of the comprehensive decisioning framework across both new client origination and existing customer management.
Model Development: Direct the credit data science team to create top-tier credit models utilizing both traditional and alternative data sources.
Financial Forecasting: Manage the forecasting of IFRS 9 provisions and loss estimates that directly influence financial planning.
Regulatory Compliance: Ensure that FCA-compliant policy documentation is maintained across affordability, underwriting, and collections, owning the rationale for all significant decisions.
Capital Markets Engagement: Support structured finance initiatives and present portfolio performance data to debt investors.
Supplier Relationship Management: Cultivate and manage critical relationships with key suppliers, including credit bureaus, decision engines, and alternative data providers.
