Senior Credit Risk Manager, Carmoola
£80-100k
3 days a week in office (Primrose Hill, London)
Speedy car financing
Open for applications
Speedy car financing
21-100 employees
Open for applications
£80-100k
3 days a week in office (Primrose Hill, London)
21-100 employees
Company mission
To help customers take control of and experience car finance freedom.
Role
Who you are
- 5+ years experience of delivering credit results in an auto lending business built on data and AI
- Solid foundation of delivering data driven results, with experience using SQL/Python, Open Banking and credit modelling
- Open and collaborative — you work cross-functionally, blending analytics with operational delivery, and naturally bring others along with you
- Structured thinker — you impose clarity on complex, ambiguous problems and navigate uncertainty with a clear, methodical approach
- Fast learner and self-starter — you pick up new tools, strategies, and concepts quickly and independently
- Thrives in fast-paced, complex environments — you’re comfortable with ambiguity and figure things out as you go
- Organised and deadline-driven — you manage multiple priorities and consistently deliver high-quality results
- Positive, high-energy problem-solver — you stay solutions-focused and maintain momentum even under pressure
- Genuine excitement for Carmoola’s mission and the chance to shape the future of how people get on the road
What the job involves
- We’re looking for a sharp, structured, and analytically-minded Senior Credit Risk Manager to develop the strategy and scale a critical part of our business. Our ideal candidate has experience of delivering amazing credit results in an auto lending business
- You’ll be responsible for optimising our credit risk and affordability strategy, taking it to the next level, ensuring that lending decisions focus on growth while protecting the financial health of the business
- You’ll analyse and implement best-in-class decision-making with a high degree of AI and automation that balance business growth aspirations with strong credit outcomes, using data-driven insights and innovative approaches tailored to the unique dynamics of the car loan market
- This is a high-impact role for someone who loves digging into data, understands how to move from insights to pragmatic in-market strategies, and thrives in fast-paced, high-ownership environments
- Working within a small, experienced risk team to develop new approaches to credit and affordability, taking pragmatic decisions by using a hands-on approach to analytics and data
- Building scalable processes that balance customer outcomes, operational efficiency, and commercial goals
- Delivering in-market results by driving credit performance, reducing arrears rates, across the risk spectrum
- Using data, AI, and data insights to identify trends, inform strategy, and continuously improve processes
- Ensuring all activities meet regulatory, legal, and compliance standards, with a strong focus on the fair treatment of customers
- Partnering closely with product, engineering, operations, and finance to integrate lending decisioning into the broader customer journey and company strategy
- Acting as a senior voice in the business on credit performance, providing regular updates to leadership and contributing to long-term planning
Salary benchmarks
Our take
The current car buying experience lacks clarity around pricing and cost, meaning that buyers are often unable to make informed decisions regarding financing until very late into the process. Carmoola offers a solution to this by providing speedy financing options at the start of the buying process, placing control back into customers' hands.
The company is able to offer this radically different strategy through new, innovative ways of approaching risk assessments that are geared towards transparency. Further, while other digital lenders and brokers require some phone calls and paperwork, Carmoola differentiates itself by operating entirely online for a more streamlined customer experience.
Funding has allowed the company to scale rapidly, and future plans include a continuation of this growth through new hires and development invested into its platform.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Jan 2024
$20.7m
SERIES A
Feb 2023
$11.4m
SERIES A
Total funding: $71.5m
Company benefits
- Sky's the limit growth opportunities
- Stock Options, we want you to share in the success that we are building together
- The opportunity to learn fast, amongst like minded peers
- Modern office space in bustling Kings Cross, with all the expected Startup Mod Cons
- 25 days Holiday (+Bank Holidays)
Company HQ
Royal Arsenal, London, UK
Leadership
Roman Sumnikov
(Co-CTO & Co-Founder)Held senior and lead roles as a Software Engineer at Avery Products, Book2Meet and Vable. Sumnikov also worked as the Head of Engineering then CTO at Movebubble.
Aidan Rushby
(CEO & Co-Founder)Previously the co-founder and CEO of Movebubble.
Amy McKechnie
(Director of Product and Operations & Co-Founder)Previously worked as a Marketing and Events Co-ordinator for Zoopla and founded My Princess Party. McKechnie also worked as Product Owner then Head of Product at Movebubble.
Igor Gordiichuk
(Co-CTO & Co-Founder)Previously worked as a Senior Software Engineer and Team Lead at WDS. Also worked as a Lead Software Engineer at Vable and CTO at Movebubble.
Jasper Dykes
(Boardmember & Co-founder)Dykes is the founder and current CEO of Fly Now Pay Later. He is also an investor in Revolut and Mercury.
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