Credit Risk Manager

LemFi; Greater London; On-site; GBP 70,000 - 90,000; Full time

Job summary

A financial technology company in Greater London is seeking a Credit Risk Manager to optimize credit policies and analyze portfolio performance. The ideal candidate will possess strong SQL skills and experience in credit risk strategy. You will work closely with product and finance teams to implement strategy changes that enhance customer outcomes. This role offers the opportunity to make a significant difference in the financial lives of immigrants and their families, ensuring access to fair lending practices.

Qualifications

• Proven experience in credit risk strategy or decisioning, ideally in unsecured lending or credit cards.
• Ability to translate data into actionable changes in credit policy.
• Understanding of loss rates, delinquency curves, and portfolio economics.

Responsibilities

• Own and refine credit decisioning strategies.
• Analyse portfolio performance and monitor loss rates.
• Collaborate with product, finance, and operations to deliver strategy changes.

Skills

Strong coding skills in SQL

Risk assessment

Predictive models and scorecards

Data analysis

Job description

LemFi (Series B) is building the go-to financial app for the Global South.

Moving to a new country shouldn't mean starting from zero. That's why our team of 400+ spanning 20+ countries is building a financial ecosystem that helps immigrants stay connected to home, build stability, and create wealth regardless of where they are from or where they live.

What began as fast, affordable remittances is now evolving into a complete platform for multi-currency accounts, payments, credit, and long-term financial growth.

With over 2 million users across the globe, we process over $1.5B in monthly transactions to 30+ countries, proving that borders shouldn't limit financial opportunity.

The Role

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.

How You'll Contribute

• 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.

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.

What You'll Bring

• 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.

The Interview Process

1. Chat with a Talent Partner (30 mins)
2. Technical Interview with Hiring Manager (45 mins)
3. Take Home Case Study (2-7 days)
4. Case Study Review Session (60 mins)
5. Final Interview (45 mins)

Why Join LemFi?

Love shouldn't be expensive, yet those working hardest for their families often face predatory fees and banking exclusion. We're changing this.

At LemFi, you won't be just a cog in a machine. Whether designing products, scaling operations, or telling our story, you'll tackle complex challenges with real, immediate impact. Your work goes beyond metrics - it puts money back in families' pockets and offers access to the previously excluded. Join us to make a meaningful difference, where high performance is a lifeline for millions.

Our Values: How We Win

• Sharp Customer Focus We cut through the noise and prioritize ruthlessly based on what drives real value.
• Lead with Data We trade instinct for insight. We test, analyze, and own the outcomes.
• Ownership We take responsibility for global outcomes, not just local wins.
• Grit We navigate ambiguity with resilience and keep pushing until the customer feels the impact.

You can connect with us on LinkedIn and Instagram and if you haven't already, download the app on the App Store or Google Play.

Diversity & Inclusion at LemFi

To build the best financial tools for the global diaspora, we need a team that reflects the world we serve. We welcome builders from all walks of life who embody our values over a perfect resume.

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.