Credit Risk Oversight Manager

Overview

As a Credit Risk Oversight Manager, you will provide independent assurance and challenge on Monzo’s lending risk across the lifecycle. You’ll work closely with first-line teams to shape and monitor risk strategies for consumer and small business products. You’ll deliver data-driven insights to inform management decisions and help scale safe, customer-focused lending. This role offers to influence risk governance, stress-testing, and model understanding in a fast-growing lending portfolio.

Pay / Benefits

• 1,000 learning budget per year
• flexible working hours
• work-from-home setup with Macbooks provided
• remote-friendly with UK-based offices for meetings
• incentive awards tied to performance
• extensive onboarding and interview process

Responsibilities

• Oversee credit risk performance of existing lending products and develop monitoring metrics
• Partner with first-line teams to support credit strategy changes for new products and pilots
• Provide insights and challenges on credit strategies with data-driven analyses
• Lead second-line assurance on thematic reviews
• Collaborate with model validation and development teams to understand underpinning models
• Contribute credit expertise to strategic projects and Monzo-wide processes like stress-testing and forecasting
• Maintain and embed the Credit Risk Framework across the business
• Promote a balanced, proportionate approach to risk management across the organization

Key requirements

• Strong background in credit risk management in consumer or small business lending
• Analytical skills to interrogate data and identify early indicators of trends
• Hands-on experience with credit risk scorecards and NPVs for strategy development
• Proficiency in SQL; experience with data visualization tools (Looker, PowerBI, Tableau) is a plus
• Interest in applying AI tools to improve risk management processes
• Clear communication skills for non-experts and stakeholders
• Track record of stakeholder relationship-building and constructive challenge
• Passion for technology and Monzo’s mission to transform banking

• collaboration
• clear communication
• stakeholder management
• SQL
• data visualization (Looker, PowerBI, Tableau)
• credit risk scorecards

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