Senior Credit Risk Analyst, Zilch
+ Share Options Scheme
3+ days a week in office
Direct-to-consumer credit provider
Open for applications
Direct-to-consumer credit provider
201-500 employees
Open for applications
+ Share Options Scheme
3+ days a week in office
201-500 employees
Company mission
To become the most empowering way to pay for anything, anywhere.
Role
Who you are
- We are seeking a highly skilled and detail-oriented Senior Credit Risk Analyst to join our dynamic team
- You will passionate about driving impactful credit strategies in a collaborative, fast-paced environment
- Over 2 years of experience in credit risk with direct exposure in strategy and analytics
- Experience in optimising onboarding and portfolio management process to improve credit driven OKRs
- A strong SQL background with experience in querying large databases deriving actionable insights
- Strong stakeholder management and communication skill, comfortable at presenting data result to senior levels
- Experience in data visualisation tools such as Looker, Tableau, Power BI etc
- A champion of metrics and the measurement of impact, with the inquisitive acumen to explain the “Why”, not just the “What”
- A team player who enjoys a collaborative and fast paced agile environment while being able to work independently
- Ability to collect, analyse, organise, and disseminate significant amounts of information with attention to detail
- Exposure to building, implementing, or optimizing automated credit decisioning systems or workflows is a plus
What the job involves
- In this pivotal role, you will leverage your analytical expertise to identify high-risk transactions, optimise credit strategies, and monitor credit portfolios for potential delinquencies or defaults
- You will collaborate closely with cross-functional teams, including sales, marketing, finance, and legal, to ensure compliance with credit policies and address credit-related challenges
- Own key metrics and drive specific initiatives and projects. You will champion the success of the initiatives, ensuring that the business draws the right conclusions
- Optimising credit strategies for profitability, loss rates, approval rate and other KPIs
- Provide actionable insights and recommendations to your stakeholders for automated decisioning
- Analysing data to find patterns of high-risk transactions from both a credit and fraud perspective and develop mitigating strategies
- Collaborating with other departments such as sales, marketing, finance, and legal to ensure compliance with credit policies, resolve credit-related issues, and provide guidance on credit risk matters
- Monitoring the credit portfolios to identify and assess any changes in credit risk exposure. This may involve tracking credit performance, conducting periodic reviews, and identifying potential delinquencies or defaults
- Preparing reports and documentation summarising credit risk findings, trends, and recommendations for management, regulators, and stakeholders
- Staying updated on market trends, economic developments, and industry-specific factors that may impact credit risk
- Interacting with data providers (especially credit bureaus), preparing samples for retro analysis, and assessing their solutions
Application process
- To apply for this role, please submit your CV along with a cover letter
Salary benchmarks
Our take
Zilch provides a buy-now-pay-later (BNPL) product that allows customers to purchase their desired items and pay in instalments for them. According to Zilch, its service helps customers save over £350 per year on interest and fees.
Having received consumer credit authorisation from the FCA, Zilch partnered with Mastercard to ensure its users can enjoy the safety provided by the global payments company while shopping online. Its business model involves providing the service for free to customers and charging partner stores a fee for every purchase made with Zilch. If users are not buying from partner stores, Zilch charges users a fee but guarantees that they will know from the beginning exactly how much they need to repay, hence assuring users they will not have to pay hidden fees.
With soaring demand for BNPL services, Zilch's main priority is to capitalise on this opportunity. As part of this initiative, the company has maintained an impressive funding strategy. After a series of successful raises, Zilch is now valued at around $2 billion. This has lent the company considerable weight, helping to accelerate its expansion of efforts in existing markets and expand into new ones such as the US.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-17% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2023
$25.3m
LATE VC
Jun 2022
$50m
SERIES C
Total funding: $305.3m
Company benefits
- Pension scheme
- Death in Service scheme
- Income protection
- 5% back on in-app purchases
- £200 for WFH set up
- Private Medical Insurance
- Employee Assistance Programme
- Gym membership discounts
- Private therapy sessions
- Enhanced maternity/paternity/adoption pay
- Enhanced shared parental leave
- Hybrid working
- Casual dress code
- Workplace socials
- Healthyh snacks
Company HQ
Victoria, London, UK
Articles
Leadership
Philip Belamant
(CEO & Co-Founder)Previously Managing Director & Founder at PBel for 6 years, Executive Director & Founder at Moola Mobile for 8 years and Managing Director - UK at NET1 UEPS Technologies for 2 years.
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