Director of Credit Risk - Trading Business

At OakNorth, we are dedicated to empowering the most ambitious businesses across the UK. Since our inception in 2015, we have lent over $21 billion across the UK and US, facilitating the creation of more than 58,000 homes and 36,000 jobs, while supporting hundreds of thousands of personal savers — all contributing to the growth of the UK economy.Team Mission…

Join abound as the Head of Credit Risk, where you will lead our efforts in risk management, ensuring the financial stability of our lending processes. You will be responsible for developing robust credit risk policies, analyzing credit data, and implementing risk assessment frameworks. Work closely with cross-functional teams to enhance our risk mitigation strategies and drive continuous improvement initiatives.

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 RoleAs 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 ContributionsP&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.

Role overview Kroo seeks a Director of Credit Risk Management based in London. This position leads efforts to identify, assess, and manage credit risk throughout the company’s financial operations. Main responsibilities Design and maintain credit risk frameworks that promote responsible lending and meet regulatory standards. Guide and support a team of credit analysts, fostering a proactive approach to risk management. Collaborate with senior management to refine risk assessment methods and contribute to strategic business planning. Location This role is located in London, England, United Kingdom.

At Kriya, we revolutionize financial services with our innovative suite of tools that ensure businesses have seamless access to payments, credit, and working capital. Our solutions provide frictionless integrations and immediate credit decisions, empowering companies to thrive.Since our inception in 2011, we have successfully facilitated over £28 billion in B2B payments and granted more than £3.7 billion in credit through our business loans and working capital solutions. We pride ourselves on our extensive network of strategic partners, including Barclays Bank, Stripe, Halfords, and the British Business Bank, and continue to attract support from esteemed investors like Northzone, Barclays Bank, and Mouro Capital, a subsidiary of Santander Bank.About the PositionWe are in search of a dynamic and experienced Head of Risk to join our executive team, responsible for the comprehensive risk strategy and its implementation across the organization. This pivotal role reports directly to the CEO and holds significant visibility within the company.As the Head of Risk, you will spearhead the formulation and execution of Kriya’s enterprise-wide risk framework, collaborating closely with the Commercial, Product, Data, Finance, and Legal departments. You will manage the entire credit lifecycle—from analytics and underwriting to compliance and collections—while leading a high-performing risk team. Additionally, you will drive the integration of AI and advanced risk analytics within the risk function.This is an exceptional opportunity to influence the future of embedded finance and digital lending at a rapidly growing company.Key ResponsibilitiesFormulate and direct Kriya’s risk strategy across all business sectors, products, and geographical regions.Act as a primary advisor to the CEO and Board on risk appetite, governance, and portfolio management.Recruit, develop, and mentor a high-performing Risk team (initially comprising 8 members).Oversee collections strategies and recovery workflows, ensuring they are efficient and customer-focused.Qualifications7-10 years of experience in debt capital markets, structured finance, or corporate banking, with a proven track record in leading complex credit transactions.A degree in a STEM field, demonstrating strong analytical and decision-making skills.Located in London or willing to relocate to London.Experience in managing intricate underwriting and deal structuring processes.Exemplified leadership in various facets of risk management.Ability to construct and oversee diversified portfolios while maximizing risk-adjusted returns.Advanced analytical capabilities including financial modeling, large-data analysis, and critical credit evaluation.Strong communication and conflict resolution skills.Interest or experience in utilizing AI tools.

About Wintermute Wintermute is a leading crypto-native algorithmic trading firm specializing in digital assets. Our mission is to provide robust liquidity across a variety of cryptocurrency exchanges and trading platforms. We offer an extensive range of OTC trading products and actively support significant blockchain initiatives, as well as traditional financial institutions transitioning into the crypto space. Our commitment to fostering the blockchain ecosystem is evident through our strategic investments, partnerships, and project incubation efforts. Founded in 2017 by industry visionaries, Wintermute has adeptly navigated the complexities of multiple crypto market cycles. Our culture marries the technological excellence of high-frequency trading firms with the dynamic, innovative spirit of tech startups. Learn more here. Business Development at Wintermute We are seeking a strategic and driven Director of Business Development & Partnerships to spearhead our growth initiatives from our London office. This role is pivotal in continuing our ambitious expansion across the UK market, leveraging deep insights into both traditional finance and digital assets. You will take ownership of opportunities within the region, crafting a comprehensive growth strategy while collaborating with our expert team. As part of this role, you will have access to the industry's premier liquidity products and work with some of the most distinguished blockchain projects. With a pipeline filled with strategic growth opportunities and a multitude of counterparties eager to collaborate, you will thrive in an environment free from legacy processes and bureaucracy, yet steeped in professionalism.

Role overview Wise is looking for a Senior Credit Risk Manager to lead credit risk assessment strategies in London. This role shapes how Wise manages credit risk and strengthens the company’s risk management practices. What you will do Analyze credit data to identify trends and potential risks Develop and refine risk models for Wise’s credit portfolio Guide initiatives that improve the credit risk framework Work closely with teams across the business to share insights and support decision making Help shape credit policies and risk management approaches What we’re looking for Strong analytical skills with experience working with complex datasets Ability to communicate clearly with cross-functional teams Proactive approach to identifying and managing credit risk Experience developing credit risk models and strategies

About Clear Street:At Clear Street, our mission is to empower every sophisticated investor with access to every asset across all markets through a single, high-speed platform designed for transparency and scalability.We equip our clients with cutting-edge technology, tools, and services that were once exclusive to the largest institutions, all reimagined on modern infrastructure. Our comprehensive, cloud-native capital markets platform is not only driving investor growth today but is also revolutionizing how they will engage with markets in the future.For further details, please visit https://clearstreet.io.

Role OverviewEnhance the Group’s credit and counterparty risk frameworks through thorough credit analysis, vigilant portfolio oversight, and data-driven management information (MI), facilitating sound limit governance and proactive insights across various entities.Key ResponsibilitiesCredit Analysis & Reviews: Spearhead assessments of counterparties and clients; maintain detailed credit memorandums and conduct regular reviews; monitor evolving conditions and ensure timely follow-ups.Exposure, Concentration & Limits Monitoring: Generate and analyze insights on credit exposures, limit usage, concentration levels, and exceptions; recommend escalations supported by thorough analysis.Credit MI & Dashboards: Develop and oversee comprehensive credit reporting packages (including trend commentary, watchlists, and change drivers); collaborate with Quant/Data Engineers for automation and standardization.Stress/Scenario Inputs: Provide input for credit-focused scenarios, conduct sensitivity analyses, and investigate significant changes.Data Discipline: Ensure consistent definitions of exposure measures, limit logic, and entity mapping; document any methodological changes.Governance Support: Prepare materials for ALCO and credit governance meetings, ensuring clear tracking of actions and closure evidence.Key DeliverablesCredit watchlist and periodic review timetableCredit exposure and limits management information with narrative and exceptionsCredit memorandums and review notes along with a conditions trackerAutomated credit dashboards (where feasible) and definitions documentationSuccess MetricsImproved quality of assessment-driven credit decisions with robust evidenceMinimized limit surprises; enhanced early-warning capabilitiesReduced manual reporting; improved data consistency across entitiesBenefitsCompetitive salary, Annual bonus, Private medical coverage

Role Overview:Join Brook Green Supply, an independent B2B energy supplier, where you’ll collaborate with a seasoned team dedicated to excellence in the energy sector. This position offers a remarkable chance for a motivated and adaptable individual eager to grow in a vibrant environment that values personal development and career progression.Key Responsibilities:Conduct thorough credit assessments utilizing quantitative and qualitative data, manage credit insurance requests, and perform regular credit limit evaluations.Develop proactive strategies for credit risk mitigation, including securing alternative collateral forms.Oversee the management and renewal of collateral arrangements, ensuring compliance with approved limits.Communicate credit decisions effectively to internal stakeholders, offering constructive feedback and requesting necessary information for ongoing assessment.Analyze macroeconomic trends and sector developments to evaluate potential impacts on counterparty risk.Assist in enhancing credit risk policies, data validation processes, and overall procedural improvements.Support the creation of risk models, KPIs, and performance dashboards.Engage in special projects and analyses as directed by management.

Role overview The Associate Director of Credit Risk Operations (Card) at Airwallex will oversee credit risk strategies and card operations in London. The position centers on improving processes and maintaining compliance across all activities related to card operations. Key responsibilities Lead the team managing credit risk for card operations Develop and execute credit risk strategies Streamline operational processes to boost efficiency Ensure adherence to industry regulations and standards Champion changes that reinforce product strength and customer protection Location This position is based in London, UK.

Join Lendable as a Secured Credit Risk Manager and play a pivotal role in shaping our credit risk strategy. You will be responsible for identifying, assessing, and mitigating risks associated with secured lending. This is a unique opportunity to contribute to our mission of providing innovative financial solutions.

Role Overview:Join the dynamic team at Brook Green Supply, a leading independent B2B energy supply company based in London. As a Senior Credit Risk Analyst, you will be part of a seasoned team committed to fostering growth and success within the energy sector. This role presents an excellent opportunity for a motivated and adaptable professional looking to advance their career in an innovative environment.In this pivotal position within the Credit Risk team under the Commercial department, you will collaborate with internal account managers, coordinators, and trading desk members, as well as external clients and credit stakeholders. Your focus will be on evaluating data and contracts, managing counterparty credit risks associated with physical power and gas supply, and supporting sustainable business growth through effective credit management practices.Your responsibilities will include managing complex credit exposures and collateral arrangements, and shaping reporting and risk-mitigation frameworks to enhance overall operational efficiency.

About LendableLendable is dedicated to revolutionizing the way people access credit and save money. As one of the fastest-growing fintech companies globally, we have achieved remarkable milestones:Recognized as one of the UK’s newest unicorns with a talented team of over 700 professionals.Consistently ranked among the top tech companies in the UK.Achieved profitability since 2017.Supported by leading investors including Balderton Capital and Goldman Sachs.Highly rated by customers, boasting a 4.9 rating across thousands of reviews on Trustpilot.We have successfully rebuilt the main consumer finance products from the ground up: loans, credit cards, and car financing, enabling our customers to access funds in mere minutes.Our ambitious growth plan involves targeting the two largest Western markets, the UK and the US, where outdated systems and cumbersome processes prevail in the financial sector.Why Join Us?Take Ownership: You will be empowered to make impactful decisions that shape the future of Lendable from your very first day.Collaborate with Exceptional Talent: Work in small teams filled with resourceful individuals dedicated to innovative problem-solving.Develop Cutting-Edge Technology: Leverage new data sources, machine learning, and AI to streamline operations and enhance efficiency.About The RoleWe are seeking a data-savvy Credit Risk Manager to lead a team of analysts and spearhead transformative initiatives in our consumer finance products across the UK and US markets. This opportunity is perfect for someone who is confident in data analysis, comfortable with coding, and eager to tackle complex challenges.As part of our dynamic and forward-thinking organization, you will find that your contributions are valued and encouraged, with minimal bureaucracy to hinder your creativity and innovation.

About LendableLendable is on a mission to develop cutting-edge technology designed to empower individuals to access credit and save money effectively. As one of the UK's emerging fintech leaders, we have achieved remarkable milestones:Recognized as one of the UK’s newest unicorns with a dedicated team of over 700 professionals.Ranked among the fastest-growing technology companies in the UK.Achieved profitability since 2017.Supported by prestigious investors such as Balderton Capital and Goldman Sachs.Praised by customers, boasting exceptional ratings (4.9 out of 5 based on thousands of reviews on Trustpilot).We have revolutionized the Big Three consumer finance products—loans, credit cards, and car finance—enabling our customers to receive funds within minutes, not days.Our growth trajectory is impressive, with ambitious plans to penetrate the two largest Western markets, the UK and the US, where traditional banks offer outdated financial products and cumbersome processes.Join Us if You Want ToTake ownership across a diverse range of responsibilities, making impactful decisions from day one that influence Lendable's success.Collaborate with exceptional teams, known for their resourcefulness in problem-solving and innovation.Develop cutting-edge technology in-house, leveraging new data sources, machine learning, and AI to optimize our operations.About The RoleWe are seeking a detail-oriented Senior Credit Risk Analyst to drive meaningful enhancements in our consumer finance products within the UK or US markets. This position is perfect for an individual who is data-savvy, proficient in coding, and passionate about tackling complex challenges.As part of a collaborative and ambitious team, your contributions will directly influence strategic decisions and elevate our portfolio's performance.

As the Lead Credit Risk Analytics professional at Kriya, you will spearhead initiatives in decision science, credit modeling, portfolio performance, and pricing strategies. Your expertise will be instrumental in enhancing our credit and product performance, as well as informing our policy and strategic directions.In this senior role, you will generate actionable insights that not only monitor and mitigate risk but also drive the growth and scalability of our products through informed, data-driven decisions. You will be the primary resource for the business regarding customer behavior insights and key performance metrics, including profitability, credit risk metrics, and operational performance.Additionally, you will be tasked with establishing and refining competitive product pricing that meets market demands while ensuring adequate coverage and margins to deliver value to Kriya.Key ResponsibilitiesCollaborate closely with the risk leadership team to enhance our underwriting and credit decision-making processes.Utilize cutting-edge data science, machine learning, and artificial intelligence techniques to develop systematic risk models for our credit offerings.Conduct portfolio monitoring and investigative analyses to elucidate trends and address inquiries from key stakeholders, while providing recommendations for product and process enhancements.Optimize our pricing models using sophisticated financial modeling techniques.Generate portfolio management information for internal and external stakeholders, presenting insights in a clear and digestible manner.Perform thorough impact analyses on credit strategies, continuously reassessing and optimizing our credit decision-making approach.Support the collections and recovery team with data-driven insights and strategies.Engage with cross-functional teams to develop predictive models, product features, and processes.

At Kroo Lending, we empower our customers to achieve their life milestones through responsible borrowing. Whether it’s acquiring a cargo bike for family commutes or replacing an aging boiler, our mission is to provide the support needed for both joyful and practical purchases. Our focus on credit analytics, decision-making, and operational efficiency is central to our ability to offer tailored lending solutions and sustainably grow our business. We have successfully introduced familiar products like overdrafts and unsecured personal loans, and we're excited to scale these offerings.As a bank and a startup, Kroo blends the best of both worlds to create trusted and beloved financial products. Our goal is to enhance the relationship individuals have with their finances, ultimately granting them greater independence and control.The Credit Risk Analyst plays a key role in assessing credit risk, contributing to lending decisions, and monitoring the performance of our unsecured loan portfolio. This position merges fundamental credit risk principles with data-driven analysis, enabling fair, sustainable, and scalable lending in a digital-first environment.Your Contributions:Assist in the development and continuous improvement of credit decisioning rules, scorecards, and underwriting processes aligned with the Bank's risk appetite and strategic objectives.Analyze decisioning engine performance and contribute to the refinement of scorecards, rules, and affordability models.Collaborate with data and product teams to test new data sources and models, including engaging in controlled experiments such as A/B testing.Support pricing analysis by monitoring lending offer performance across various customer segments.Participate in affordability assessments, leveraging Open Banking data to gain insights into customer circumstances and identify potential vulnerability indicators.Monitor key portfolio performance metrics such as arrears, delinquency trends, and cohort behavior, identifying insights and potential risks.Assist in updating credit policies, procedures, and risk appetite frameworks within the lending team.Provide input into product and customer journey enhancements, ensuring credit risk factors are adequately reflected.Contribute to the continuous enhancement of digital onboarding and underwriting processes through data analysis and user feedback.

m-kopa is hiring a Senior Analyst - Credit Risk & Eligibility in London. This position centers on analyzing credit risk and evaluating eligibility for the company’s financial products. Role overview This role focuses on assessing credit risk and supporting the development of credit assessment processes. The Senior Analyst will help refine how eligibility is determined, contributing to improvements that support m-kopa’s goal of expanding access to financial solutions. Key responsibilities Analyze credit risk for a range of financial products. Evaluate eligibility criteria and recommend process enhancements. Support ongoing improvements in credit assessment methods. Impact This work directly supports m-kopa’s mission to provide financial access in underserved markets. The Senior Analyst’s insights will help shape the company’s future approach to credit risk and eligibility.

About Wintermute Wintermute stands as a leading algorithmic trading firm in the digital asset landscape. Our expertise lies in providing algorithmic liquidity across all major cryptocurrency exchanges and trading platforms, offering an extensive array of OTC trading solutions. We also support prominent blockchain initiatives and assist traditional financial entities in their transition to the crypto space. Wintermute transcends the role of a trading company; we are a pivotal and influential force in the digital asset markets, forging connections and partnerships with key players in the industry. Our active involvement in the blockchain ecosystem is evident through our investments, partnerships, and the incubation of innovative projects. To learn more, click here. Working at Wintermute As a global entity with offices in London and Singapore, Wintermute is set to significantly expand with the opening of our new US office in early 2025. This presents a unique opportunity to contribute to the rapid growth of Wintermute Americas. Business Development at Wintermute We are in search of a Business Development & Partnerships Manager based in London to drive and sustain our ambitious growth initiatives in the region. The ideal candidate will possess in-depth knowledge of the US financial services landscape, encompassing both traditional finance and digital asset sectors. Your role will involve identifying new business opportunities and expanding Wintermute's existing operations globally. You will manage opportunities from inception to completion, crafting your own strategic growth plan while benefiting from team insights. Our liquidity products are top-tier, and we collaborate with leading blockchain projects, presenting a wealth of strategic growth opportunities. We boast a streamlined operation without legacy processes, corporate bureaucracy, or excessive approvals, all while upholding the highest professional standards.

Hybrid role based in LondonOur Vision To empower every e-commerce business around the globe to transform its data into immediate access to capital.At Uncapped, we recognize that conventional credit scoring methods are outdated. Rather than relying on historical credit bureau data, we are developing cutting-edge products that convert everything from sales figures to inventory levels, banking transactions to marketplace performance into actionable underwriting insights. This is not just an additional feature of our product; it is the core of our business.We are rapidly expanding, innovating, and shaping the future of SME lending. We seek an individual who can implement automation and process enhancements iteratively, introducing changes with a clear vision for our trajectory, all while maintaining the current operations.Role Overview We are in search of a Director of Product to lead the credit and risk product strategy throughout the entire customer journey. You will serve as a crucial link between our Risk, Engineering, Data Science, and Operations teams, ensuring that our underwriting platform transitions from manual processes to highly automated, data-driven decision-making.This is a pivotal role in a fast-paced, high-growth fintech environment. You will be responsible for creating the roadmap for how we collect, evaluate, and utilize alternative data to inform lending decisions. Your focus will be on enhancing automation rates, shortening decision timelines, and broadening our underwriting capabilities to incorporate new data sources, geographical areas, and products, including underwriting-as-a-service for acquired loan portfolios.You will not be starting from scratch; we already have a functional platform, live products, and collaborations with leading online retailers and embedded lending partners. Your task is to significantly enhance these offerings, iteratively, while ensuring smooth operations.About Uncapped Founded in 2019, Uncapped is a fintech company dedicated to providing working capital to SMEs across North America and Europe.We utilize various data sources to expedite, secure, and simplify credit decisions. Our partnerships with prominent platforms like Amazon and Walmart position us as the leading alternative lender worldwide.What You Will Do Own the Credit Product Roadmap: Define and drive the product vision for automated credit decisioning across all Uncapped products. Prioritize developments based on business impact, balancing quick wins with strategic initiatives. Translate complex credit-related requirements into clear engineering specifications and measurable outcomes.Scale Automation While Keeping the Lights On: Increase straight-through processing rates by identifying manual bottlenecks and systematically implementing solutions.