People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 60+ million customers get more from their money every day.As we continue our lightning-fast growth, 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.About the roleThe credit department at Revolut is anything but ordinary. They design, develop, and launch credit products across the globe. The team manages our products from day one to the end — developing the back and front-end, the data science infrastructure, and then creating a local setup in each country with scalable risk management and portfolio management solutions. It's a big job, but our people are a credit to us all.As the Head of Lending, you'll be responsible for designing credit risk policies, procedures, and strategies for Revolut’s retail lending products in Colombia. This is a new-ish feature in our portfolio, and as that book grows you'll be managing validation of the underwriting strategy, as well as leading the charge for preventative and reactive actions to the market and product offering.Up for the challenge? Let's get in touch.What you’ll be doingDeveloping account-level valuation frameworks using NPV methodologyDesigning credit underwriting policies to optimise portfolio-level economic returnsMaking data-driven decisions with a special focus on marginal decision-makingManaging credit limits, risk-based pricing and retention strategiesDefining and maintaining over-limit policiesAdjusting risk-return requirements based on evolving dataManaging portfolio returns to align with changing market dynamicsSupporting annual budgeting, forecasting, and planning processesConducting market trend analysis and preparing data-driven financial plansTracking and analysing the performance of ongoing credit initiativesMonitoring credit KPIs and communicating actionable insightsIdentifying operational inefficiencies and managing the implementation of small-scale change within the Credit functionEnsuring alignment of first-line credit risk function with second-line, third-line and regulatory expectationsMaintaining high audit and regulatory assessment scores for credit risk processesWhat you'll needA proven track record of managing the risk cycle for retail credit products such as credit cards and unsecured personal loansA bachelor’s degree from a top university in a quantitative field such as engineering, statistics, mathematics, economics, or managementA solid understanding of credit policy governance frameworks to navigate 2nd and 3rd line of defence processesA results-oriented approach with a focus on exceeding business objectivesA forward-thinking mindset to plan effectively and proactively solve cross-functional challengesExpertise in credit and behavioural scoring models, especially for retail credit productsThe ability to explain complex concepts in a clear, simple mannerAn appreciation for speed to market and the ability to balance elegant problem-solving with business urgencyNice to haveProficiency in data analysis tools such as SQL, R, or PythonA willingness to adopt new technologies in support of business growthBuilding a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.Important notice for candidates:Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy NoticeBenefits at RevolutNo ping pong tables or bean bag chairs, just benefits you actually wantGet what you need to succeedFinancial benefits that show we value your workFlexibility to work from home, the office or abroadA free Revolut Metal subscription loaded with perksExciting events year-round so you can get to know your teamRevoluters always push through! We stopped listening to excuses a long time ago - we care about results. We believe that grit, determination, skill, smartness, and courage can break through almost any wall.Deliver WOWWe love building great products, we love delighting our customers, we love turning the complexity of a chaotic world into the simplicity of a beautiful solution that truly solves customer needs.Dream TeamWe select, coach, and retain the top talent only and give them all the support to achieve greatnessNever SettleRevolut is for those who always strive for excellence, for those who want to become the best in the world at what they do, for those who would never settle for less. Revolut is for 10x people.Think DeeperLogic, reason, and common sense prevail over everything else in decision making at Revolut. We are open-minded, we listen, and we are always in search of the truth. #J-18808-Ljbffr