Senior Underwriter (London, Berlin, Remote)

Vitt Technologies Limited; London; Hybrid; GBP 60,000 - 90,000; Full time

Job summary

A disruptive fintech company is seeking a Senior Underwriter to revolutionize SaaS financing by building credit risk management processes. Candidates should be strategic, entrepreneurial, and ready to take on a leadership role in shaping the future of innovative financing. This position offers location flexibility and potential for remote work in the future.

Qualifications

• 3-5 years work experience in data analysis, credit risk management preferred.
• Significant experience in credit risk analysis using traditional and non-traditional data.
• Experience in model development, model validation, data science, or quant finance.

Responsibilities

• Define, build, and lead the credit risk function.
• Establish credit risk management and controlling tools.
• Develop scoring methodology and credit risk models.

Skills

Credit Risk Analysis

Data Science

Statistical Modeling

Machine Learning

SQL

Python

Critical Thinking

Job description

Senior Underwriter (London, Berlin, Remote)

• Full-time

We are building the future of financing.Right now, if SaaS founders want money, they have to pitch VCs (who typically haven't even worked for a startup - unless employee 5,000 @ Uber counts...) or try (and fail) to get money from banks. The fundamental question is: why?

From Figma to Slack to Shopify, SaaS businesses are reimagining & remaking every aspect of business - so why are their fundraising cash management solutions stuck in the last century?

At Vitt, we're revolutionizing how SaaS founders raise capital & manage their cash flow. We'll let them grow & thrive by offering them upfront, non-dilutive financing against their own cashflows. Our mission is simple: let the builders both own & grow their businesses.

What you can expect from us?

Background on us: Saket (CEO) was an early stage VC for 3 years (La Famiglia & Global Founders Capital) and previous to that an operator at Rocket Internet. Greg (CTO) has both a finance software and machine learning background, as an ex-Tech Lead at Commerzbank for their web apps and former co-founder of a DevOps ML startup. He’s scaled early technical teams before.

We both believe in empowering the people we work with. We want our people to thrive, taking as much leadership and responsibility as they can (the more, the merrier!). By sharing our knowledge, experience & network we want our team to shine.

We are driven by our mission but are building a healthy working culture (no one is at their best consistently burnt out and sleep-deprived….) that lets diverse talents blossom.

The ideal candidate is both highly strategic and highly entrepreneurial, obsessed with driving customer success, motivated by building and shaping the future of SaaS financing. This is a unique opportunity to be part of a growing and dynamic team.

As Vitt's Senior Underwriter, you will:

• Define, build, lead the credit risk function,
• Establish credit risk management and controlling tools,
• Develop scoring methodology and credit risk models based on state-of-the-art data science as well as latest regulations.

Qualifications include:

• 3-5 years work experience as a data analyst SME (invoice financing credit risk management strongly preferred).
• Significant experience in credit risk analysis based on traditional data (financial statements, management accounts) and non-traditional information (bank account data).
• 3-5 years of professional experience in related technical areas such as model development, model validation, data science, quant finance.
• Best practice knowledge in credit risk: strong understanding of the full lifecycle from origination to debt collection – participated in envisioning and building credit policies and models from scratch.
• Deep and broad knowledge and experience in at least one of the following areas: machine learning, financial risk management, statistical modeling.
• Extensive experience with SQL, Python, or other scripting languages.
• Oriented toward detail, curious about data/models/algorithms, skilled at critical thinking and problem-solving.
• Excellent interpersonal and verbal/written communication skills.
• If you don’t meet 100% of these criteria but believe you could be a fit, please get in touch anyway!

Our offer:

• Location flexibility (Berlin or London, possible to become remote in the future)