Credit Risk Manager, Lemfi
More information about location
International payments service
Be an early applicant
International payments service
201-500 employees
Be an early applicant
More information about location
201-500 employees
Company mission
To improve the financial lives of the next generation of immigrants.
Role
Who you are
- Growth-Oriented: You’re energized by the opportunity to build and scale a high-performing team as the business grows
- Risk-Savvy: You bring proven experience in credit risk strategy or decisioning, ideally in unsecured lending or credit cards, and understand how to balance growth, risk, and customer outcomes
- Influential Communicator: You can clearly explain complex analysis and insights, influencing stakeholders across the business
- Proactive Problem-Solver: You take ownership of challenges, identify solutions, and thrive in a fast-paced environment
- Commercially Minded: You think strategically about decisions, keeping both the business and the customer in focus
- Strong coding skills in SQL (Python desirable) with comfort handling large datasets
- Ability to translate data into actionable changes in credit policy
- Experience working with predictive models and scorecards, and partnering with data science or decision science teams
- Understanding of loss rates, delinquency curves, and portfolio economics
- Don’t meet every single requirement in the job ad? Research shows that candidates from underrepresented backgrounds often hesitate to apply if they don't check every box. If you are excited about this role and our mission, we encourage you to apply anyway. You might be just the right person for this, or other roles
What the job involves
- At LemFi we are building a credit product that is fair, transparent, and accessible. We’re looking for a Credit Risk Manager to join our Credit team
- This is a hands-on role where you’ll design and optimise credit policies, analyse portfolio performance, and make real-time strategy changes that directly impact growth, customer outcomes, and profitability
- Own and refine credit decisioning strategies, deciding who to lend to, how much, and on what terms
- Analyse portfolio performance and monitor loss rates, delinquency trends, and profitability, spotting early trends to ensure risk and reward stay aligned
- Work closely with Decision Science to ensure predictive models and scorecards are used effectively in strategy design
- Build and tweak credit rules directly in the decision engine, and where required, partner with data engineers and tech engineers to deploy and test changes
- Collaborate with product, finance, and operations to deliver strategy changes and improve portfolio outcomes
- Support presentations to funding partners and internal or external stakeholders with clear, data-backed insights
- Use the tools required to run analysis, and test strategy changes
- Monitor performance and continuously identify opportunities to improve credit strategy
Application process
- Chat with a Talent Partner (30 mins)
- Technical Interview with Hiring Manager (45 mins)
- Take Home Case Study (2-7 days)
- Case Study Review Session (60 mins)
- Final Interview (45 mins)
Salary benchmarks
Our take
LemFi, previously known as Lemonade Finance, is a fintech platform addressing the challenge of accessing reliable financial services faced by millions of immigrants worldwide. By offering quick onboarding and a multi-currency offering, LemFi allows its users to send, receive, hold, convert, and save in both their country of origin and residence currencies.
Recognizing the limitations faced by traditional banks and neo-banks, LemFi offers instant international transfers at favorable exchange rates with no transfer fees. Initially launched in Canada, growing demand for the company's services has allowed it to expand to the UK, and broaden its African payment channels.
The company has secured good funding from prominent investors like Y-Combinator, Zrosk, Global Founders Capital, and Olive Tree. With plans to expand its product offering across the globe, LemFi will further its mission of providing accessible and transparent financial services to migrant communities worldwide.
Steph
Company Specialist at Welcome to the Jungle
Insights
Company
Company HQ
Downtown, Oakland, CA
Leadership
Ridwan Olalere
(Co-Founder & CEO)Also the Founder of forLoop Africa. Previously the Country Manager of Uber Nigeria. Also worked as a Software Developer at Flutterwave, Hotels, Novatia, and NextMynds.
Rian Cochran
(Co-Founder)Previously a Financial Director at Opera Software, Powerbets Holdings, and OPay.
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