Secured Credit Risk Manager

Overview

In this role you drive the credit strategy for a new second charge mortgage product within a high-growth fintech. You will shape risk assessment, pricing, and policy while collaborating with product, engineering, legal, and commercial teams. As part of a small, senior cross-functional unit, you’ll balance growth with portfolio quality and automate decisioning to deliver a market-leading secured lending solution. This is a foundational hire in a fast-moving company building from scratch, offering meaningful ownership and impact.

Pay / Benefits

• Flexible working
• Health coverage
• Retirement savings
• Employee referral programme
• Office meals & snacks
• Sustainable commuting schemes

Responsibilities

• Define credit policy and underwriting strategy for second charge mortgages, covering affordability and decisioning frameworks
• Own risk scoring and pricing by developing/finetuning scorecards, risk segmentation, and pricing models
• Drive growth while managing risk by linking credit policy to volume targets and portfolio quality
• Own IRR/NPV/cashflow models to ensure sound asset economics and implement necessary changes
• Design automated decisioning logic and embed rules with engineering for fast, scalable policy execution
• Contribute to funding strategy by aligning credit policy with investor criteria on LTV, valuations, and portfolio concentration
• Inform property valuation and security process to reflect valuation methodology and legal requirements
• Monitor portfolio performance with early indicators and stakeholder reporting
• Collaborate cross-functionally with product, engineering, legal, compliance to ensure regulatory alignment (MCOB, Consumer Duty)
• Hands-on involvement across the full credit lifecycle in a small, building-from-scratch team

Key requirements

• Experience in secured lending credit risk, especially second charge mortgages or similar secured products
• Strong knowledge of risk scoring and pricing, with hands-on scorecard or policy development experience
• Understanding of funding and capital constraints and how they shape lending decisions
• Commercial awareness and growth mindset to enable lending through policy balancing risk and volume
• Familiarity with end-to-end secured lending processes and interactions between valuation, legal, and land registry
• Analytical rigour with data; SQL required; Python is a plus
• Regulatory awareness of MCOB and FCA requirements for second-charge lending
• Experience designing scalable underwriting policy with executable decision logic
• Experience with automation and decisioning platforms or rules engines (nice to have)

• Commercial awareness
• Growth mindset
• Analytical rigour
• SQL
• Python (plus)
• Credit risk scoring

…