Credit Risk Manager

As a Credit Risk Manager at MAJORITY, your key responsibilities include overseeing credit risk management to ensure the economic viability of lending products, building and leading a team of analysts and data scientists, developing valuation frameworks for credit card products, and creating multi-year credit roadmaps. You'll also be involved in crafting credit policies, pricing structures, and monitoring portfolio performance to achieve continuous improvement.

To qualify for the Credit Risk Manager position at MAJORITY, you should have at least 7 years of experience in analytics and strategy roles, particularly in credit risk management for credit products. Experience leading analyst teams, especially in a fintech startup or initiative, is preferred. A strong expertise in credit product economics, along with a bachelor’s or master’s degree, is essential to succeed in this role.

MAJORITY's Credit Risk Manager role stands out due to its focus on creating a credit card program tailored for migrants. You'll be blending traditional credit risk management with innovative customer-oriented strategies within a vibrant, multicultural environment, making a direct impact on the lives of individuals navigating their financial journeys in a new country.

As the Credit Risk Manager at MAJORITY, you will contribute to our mission by ensuring that our credit products are both economically viable and accessible to migrants. By balancing risk management with customer growth strategies, you'll help empower our users to succeed financially and achieve their dreams.

The Credit Risk Manager role at MAJORITY requires strong leadership experience, particularly in managing analyst teams. Experience in strategy and credit risk management within the fintech sector, particularly related to new credit products, will help you in leading diverse teams and implementing effective risk management practices.

When answering this question, focus on specific examples from your past roles where you successfully managed credit risk. Highlight your strategies and the outcomes, especially in the context of subprime or new credit initiatives.

Discuss your leadership style, emphasizing how you foster collaboration, encourage professional development, and set clear performance expectations. Provide examples of past experiences where your approach led to team success.

Mention specific frameworks you've implemented and how they contributed to credit product success. Include quantitative results or positive impacts on portfolio performance to demonstrate your effectiveness.

Explain your methodology for analyzing customer data and behavior, along with how you devise strategies that minimize risk while promoting healthy growth in customer acquisition. Include experiences that showcase your ability to navigate these dual objectives.

Illustrate your ability to work with cross-functional teams by sharing an example of a project where collaboration was key to success. Emphasize how you facilitate communication and alignment around credit policies or product development.

Provide a structured overview of a credit roadmap you've developed, including key milestones and objectives. Discuss how this roadmap improved product offerings or performance in detail.

Talk about your role in developing or utilizing machine learning models, outlining how they enhanced decision-making processes in underwriting or pricing. Share examples of improved outcomes resulting from these initiatives.

Mention the metrics and tools you used to forecast and monitor performance, along with any significant results or changes you made based on your analyses. Detail how your insights drove improvements in credit strategies.

Share specific strategies or frameworks you've used to mitigate credit risk in your previous roles. Discuss situations where these strategies led to improved outcomes or reduced defaults.

Express your passion for contributing to the financial empowerment and success of migrants. Talk about personal experiences or insights that have shaped your understanding of their unique challenges and aspirations.