Credit Strategy Analyst, Updraft
Credit card debt consolidation loans
Job no longer available
Credit card debt consolidation loans
21-100 employees
Job no longer available
21-100 employees
Company mission
To help people break up with their credit cards and better manage their money.
Role
Who you are
- 3+ years of experience in a credit risk role, preferably within personal loans and debt consolidation in the UK
- Strong understanding of credit scoring models, risk analytics, and lending strategies
- Relevant experience in working on UK credit bureau data and leveraging it for credit risk analysis
- Experience or familiarity with end-to-end life cycle of a retail loan portfolio
- Proficiency in SQL and Python for data analysis and risk modeling
- Experience working with decision engines and credit risk platforms
- Strong analytical skills with the ability to translate data insights into business decisions
- Excellent communication and stakeholder management abilities
Desirable
- Experience in alternative data usage for credit risk evaluation
- Familiarity with Open Banking and fintech lending platforms
- Bachelor’s or Master’s degree in Finance, Statistics, Mathematics, Economics, or a related field
What the job involves
- We are seeking a skilled Consumer Credit Risk Strategy Analyst with 3+ years of experience in the UK credit markets, specifically within personal loans for debt consolidation
- The successful candidate will play a critical role in assessing, monitoring, and optimising credit risk strategies to ensure a balanced approach between risk management and business growth
- Conduct portfolio analytics to assess risk trends, customer behaviour, and loan performance
- Analyse credit data, customer profiles, and market trends to enhance underwriting criteria
- Work closely with stakeholders to optimise credit policies and improve lending strategies
- Utilise statistical and machine learning techniques to support data-driven risk assessment methodologies
- Monitor key performance indicators (KPIs) related to loan approvals, delinquencies, and charge-offs
Salary benchmarks
Our take
Credit card interest rates are near historic highs, while everyday costs and seasonal spending are pushing more people into revolving debt. It's an environment where balances can quietly grow, and that's the gap Updraft is aiming to fill. Founded by former HSBC lending head Aseem Munshi, the London-based fintech is focused on making borrowing simpler, fairer and far less intimidating for consumers feeling the pressure.
It uses open banking and credit data to spot patterns of expensive borrowing across credit cards, overdraft, and buy-now-pay-later products, then steps in with a lower-cost loan to refinance that debt into one clear repayment. Its recent "In Too Deep" campaign, which features the UK's first "Financial Lifeguard", translated this idea into something human and relatable, showing just how small summer splurges can quickly tip budgets off balance.
And the company is gaining momentum too. Having raised £16M in funding, build a waitlist of more than 40,000 people and granted early access to thousands of users. With a leadership team spanning banking, data science and brand building, it's pairing strong financial fundamentals with smart storytelling, putting the company in a position for continued growth as more and more consumers look for better ways out of high-interest debt.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 7 rounds)
Dec 2023
$29.8m
EARLY VC
Dec 2022
$10.9m
SERIES A
Total funding: $102.1m
Company HQ
Paddington, London, UK
Leadership
Aseem Munshi
(Co-Founder & CEO)Prior to Updraft, Aseem ran the credit card and unsecured loan business for HSBC UK. Over 15 years experience in managing several multi-billion dollar consumer asset portfolios.
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