Head of Credit Risk

StrideUp Homes Limited; London; Hybrid; GBP 60,000 - 100,000; Full time

Job summary

An innovative firm at the forefront of Islamic financial services seeks a Head of Credit Risk to lead their credit risk strategy. This role involves balancing growth with prudent risk management across Home Purchase Plan and Buy-to-Let products. You will be a key advisor to the CEO and Board, ensuring credit decisions align with strategic objectives. If you have a passion for ethical financing and a strong background in credit risk management, this is an exciting opportunity to make a significant impact in a mission-driven company.

Benefits

Equity Participation

25 Days Annual Holiday

Annual L&D Budget

3% Pension Contribution

Monthly Socials

Central London Location

Qualifications

• 8+ years of experience in credit risk management, especially in mortgage and property finance.
• Strong knowledge of credit risk frameworks and regulatory compliance.

Responsibilities

• Develop and execute a credit risk strategy to manage risk effectively.
• Oversee underwriting and risk monitoring frameworks for sound lending decisions.

Skills

Credit Risk Management

Data Analysis

Strategic Planning

Stakeholder Collaboration

Team Leadership

Job description

StrideUp's mission is to redefine the standard of Islamic financial services through expertise, sincerity, and a personable approach. Our vision is to enable the Muslim community to access financial solutions aligned with their values. On our path to building a digital bank, we started with property finance and have already deployed hundreds of millions in financing, supporting thousands of people in their financial goals.

We are looking for a Head of Credit Risk to lead and manage our credit risk strategy, ensuring we operate within a well-defined risk appetite while enabling business growth. This is an exciting opportunity to join a fast-growing, mission-driven company at the forefront of Islamic financial services.

StrideUp is backed by leading VC and private equity investors, having raised over £25m in funding.

The Role

We are seeking a Head of Credit Risk who will:

• Manage risk across our Home Purchase Plan (HPP) and Buy-to-Let (BTL) products, balancing growth with prudent risk management.
• Advise the CEO and Board to ensure credit decisions align with strategic objectives.

You Are

• A Risk Leader: Proven experience in credit risk leadership within financial services, especially in mortgage or property finance.
• Analytical and Data-Driven: Skilled in using data for decision-making and portfolio monitoring.
• Strategic and Detail-Oriented: Able to set broad risk strategies and ensure meticulous execution.
• Collaborative: Effective across teams, aligning risk with product, finance, and operations.
• Mission-Driven: Passionate about ethical and responsible financing, aligned with StrideUp’s mission.

What You'll Do

• Develop and Execute a Credit Risk Strategy: Create policies to manage credit risk effectively and support growth.
• Manage the Credit Lifecycle: Oversee underwriting, affordability assessments, and risk monitoring.
• Portfolio Oversight: Conduct reviews, stress testing, and scenario analysis to ensure health and compliance.
• Stakeholder Collaboration: Work with leadership and teams to align risk strategies with business goals.
• Reporting and Analytics: Track performance, develop risk indicators, and provide insights.
• Team Leadership: Build and mentor a high-performing risk team, fostering accountability.
• Customer-Centric Risk Management: Ensure decisions promote customer affordability and long-term well-being.

Minimum Requirements

• 8+ years in credit risk management, with expertise in mortgage and property finance.
• Strong knowledge of credit risk frameworks, underwriting, and affordability models.
• Experience managing large loan portfolios and improving credit performance.
• Expertise in stress testing, scenario analysis, and regulatory compliance.
• Ability to collaborate with senior stakeholders, including executives and regulators.
• Leadership experience in developing and managing teams.
• Strong analytical skills with a data-driven approach.

Additional Benefits

• Competitive salary based on experience
• Equity participation
• 25 days annual holiday
• Annual L&D budget
• 3% pension contribution
• Monthly socials
• Central London, hybrid role (at least 3 days in office)
• Friendly startup environment focused on impact