Director of Credit Risk Leadership

Job Title: Director of Credit Risk, EU

We are seeking an experienced leader to join our team as a Director of Credit Risk for our EU operations. This is a critical role that will be responsible for developing and implementing our credit risk framework in Europe.

The successful candidate will have a deep understanding of retail credit and applicable prudential regulation in the EU. They will provide second-line oversight of credit risk policies, processes, and models, including credit strategy and appetite setting, credit planning and forecasting, credit origination, credit assessment and approval, credit operations and servicing, credit risk measurement and modeling, and portfolio analysis.

This is a senior leadership role that demands a high level of expertise and experience in credit risk management. The ideal candidate will have at least 10 years of experience in retail credit risk management, preferably in digital banking, fintech, or consumer lending environments.

• Develop, implement, and continuously enhance our Retail Credit Risk Framework for Europe, ensuring it is fully aligned with our strategic objectives.
• Define, maintain, and oversee the implementation of the Retail Credit Risk Appetite Statement, ensuring that lending activities align with business growth objectives and risk limits.
• Provide effective second-line oversight of Retail Credit Risk activities, including policies, underwriting, and credit decisioning strategies, pricing, and collections and recovery strategies.
• Lead regular reviews of the credit portfolio's asset quality, including monitoring performance trends and assessing the adequacy of IFRS9 impairment provisions.
• Establish robust credit risk monitoring and early warning processes, delivering high-quality and timely credit management information (MI) and risk insights to senior internal and external stakeholders.
• Review, challenge, and independently validate retail credit risk models, including credit scorecards, IFRS9 Expected Credit Loss (ECL) models, stress testing, and internal credit risk capital assessment models.

• A minimum of 10 years of experience in retail credit risk management, preferably in digital banking, fintech, or consumer lending environments.
• At least 5 years in a leadership credit risk role.
• Detailed experience in consumer finance with a strong knowledge of retail credit products, including loans, cards, and overdraft lending.
• Detailed knowledge of IFRS9, CRR/CRD prudential regulation, and regulatory expectations in Ireland and Europe.
• Proficiency in credit risk modeling measurement tools, including decisioning scorecards, IFRS9 Expected Credit Loss Models, Probability of Default (PD), and Loss Given Default (LGD) models.
• Proven experience in reviewing and validating credit risk models, including scorecards, ECL, stress testing.
• Excellent analytical, verbal, and written communication skills, with the ability to influence and engage senior stakeholders.
• Track record of building and leading high-performing risk teams and influencing executive stakeholders.

We offer a competitive compensation package, composed of a base salary and share options. Our employees enjoy flexible working hours, trust us to work enough hours to do their job well, and at times that suit them and their team. We also offer:

• Annual Leave - 34 days, including public holidays.
• €1,200 learning budget each year to use on books, training courses, and conferences.
• Pension scheme: the minimum contribution is 4% and we match any additional contributions that you make up to a maximum of 6%.
• Wellbeing benefits, including financial education, women's and men's health support, mental health benefits, including coaching and counseling.

If you are a motivated and experienced professional looking for a challenging role in credit risk management, please submit your application. We look forward to hearing from you.