Head of Credit Risk

DutchTech; Amsterdam; On-site; EUR 120,000 - 180,000; Full time

Job summary

Finom is seeking a Head of Credit Risk to design and lead the risk foundation for SME lending across Europe. You will own the end-to-end risk framework, partner with product and ML teams, and drive calibration of risk models and monitoring systems.

You will shape data strategy and governance, ensure robust 2LoD controls, and push for AI-enabled decisioning while maintaining regulatory compliance. This role offers cross-country impact and equity participation.

Qualifications

• 7–10+ years of experience in credit risk, with hands-on SME lending and credit card risk.
• Strong experience with automated underwriting and risk models in fintech or digital banking environments.
• STEM/quantitative degree (physics, data science, applied mathematics, statistics, econometrics or quantitative finance) is a strong plus.
• Solid understanding of risk governance, policies, and processes management.
• AI-native mindset—comfortable leveraging AI tools and agents to enhance productivity and decision-making.
• Unit-economics/product-led growth mindset (eligibility, conversion, expected losses, cost of risk, false-positives as missed revenues, risk-adjusted margin).
• Critical thinker with a strong ownership mindset, able to challenge traditional approaches.
• Highly collaborative, able to align diverse stakeholders (Product, Legal, Finance, Engineering, ML/DS).
• Analytical, structured, and pragmatic—balancing detail with big-picture thinking.

Responsibilities

• Own and drive end-to-end credit risk framework development for all credit products (eligibility, underwriting, scoring, limits, risk appetite, monitoring, reporting).
• Develop and improve Finom’s Credit Risk Engine with ML Engineers for best-in-class risk and customer experience.
• Partner with Heads of Product and Engineering to embed risk into product design from day one.
• Architect data strategy: decisioning tools, transactional data, multi-country bureau data, behavioural data and more.
• Build and own portfolio monitoring stack.
• Design and calibrate early warning indicators and credit monitoring systems.
• Act as a strong 2LoD, ensuring robust origination, monitoring, and collections processes.
• Own and improve credit risk policies, risk appetite frameworks, and reporting.
• Ensure alignment with EMI/PS4 regulatory requirements.

Skills

Credit risk

Underwriting models

Data analysis

AI/ML mindset

Stakeholder alignment

Regulatory compliance

Strategic thinking

Ownership mindset

Collaboration

Analytical thinking

Education

STEM degree

Tools

Automated underwriting

Risk models

Job description

About Finom

Finom is a European tech startup headquartered in Amsterdam, and we’re on a journey towards revolutionizing the financial landscape for entrepreneurs worldwide. Our mission is to develop an all-in-one financial B2B solution that integrates banking functions, accounting, financial management, and invoicing into a seamless, mobile-first platform.

We recently closed a €115 million Series C equity round (around $133 million), bringing our total funding to approximately $346 million. This significant investment follows a $105 million growth funding round from General Catalyst, a long‑term backer since 2021 known for supporting companies like Airbnb, HubSpot, KAYAK, and Stripe.

Finom's platform goes beyond traditional banking, offering invoicing and a growing suite of features, including AI‑enabled accounting, aiming to simplify financial management for entrepreneurs. We're actively expanding our reach across key EU markets like Germany, France, the Netherlands, Italy, and Spain.

At Finom, we’re not just redefining the entrepreneurial experience — we’re empowering our employees to make a real difference. Your work matters, and your impact extends far beyond product metrics. We nurture innovation and an inspiring work environment where bold ideas thrive, prioritizing thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and our business as a whole.

Maintaining our start‑up spirit, we prioritize thorough research, swift implementation of solutions, and ensuring that every effort we make benefits our users, employees, partners, and, of course, our business.

Head of Credit Risk

We’re looking for a Head of Credit Risk: This is a high‑impact role with direct exposure to the CRO and close collaboration with Product, ML & Data Science, Operations, and Engineering. You will be designing the risk foundations from the ground up and shaping the future of SME lending in Europe.

What You Will Be Doing

• Own and drive the development of end-to-end credit risk framework for all credit products including eligibility, underwriting, scoring models, limit setting, risk appetite, monitoring, and reporting. Engage with external vendors, where necessary, to enhance the credit risk detection capabilities;
• Create the methodology for and closely work with Machine Learning Engineers to develop and continuously improve Finom’s Credit Risk Engine so it could be proudly recognised as best in class: excellent risk parameters AND a smooth customer experience;
• Partner closely with Heads of Product and Engineering to embed risk into product design and strategy from day one;
• Architect the data strategy: Decisioning tools, transactional data, multi-country bureau landscape, behavioural data, accounting software, government registry data and first party transactional signals on Finom’s accounts. Guide the ML & DS team in building, validating, and iterating credit scoring and related risk models.
• Build and own the portfolio monitoring stack;
• Design, build and calibrate the early warning indicators / credit monitoring system: transaction velocity, balance deteriorating, payment pattern changes, supplier/customer/revenue concentration shift, signals from the external data sources
• Act as a strong Second Line of Defence (2LoD), ensuring robust origination, monitoring, and collections processes;
• Own and continuously improve credit risk policies, risk appetite frameworks, and reporting;
• Ensure alignment with EMI / PS4 regulatory requirements and evolving European standards;

What you’ll bring

• 7-10+ years of experience in credit risk, with hands‑on expertise in SME lending and credit cards and the associated credit risks and fraud risks;
• Strong experience with automated underwriting and risk models in fintech or digital banking environments;
• STEM/quantitive degree: physics, data science, applied mathematics, statistics, econometrics or quantitive finance is a strong plus;
• Solid understanding of risk governance, policies, and processes management;
• AI-native mindset — comfortable leveraging AI tools and agents to enhance productivity and decision‑making;
• Unit‑economics/ product led growth mindset (eligibility, conversion, expected loses, cost of risk, false‑positives as missed revenues, risk‑adjusted margin), not just control;
• Critical thinker with a strong ownership mindset, who is keen to challenge traditional approaches;
• Highly collaborative, with the ability to align diverse stakeholders (Product, Legal, Finance, Engineering, ML/DS);
• Analytical, structured, and pragmatic — able to combine deep detail with big‑picture thinking.

What You Will Get In Return

Make a genuine impact on the product

Join our upward trajectory, and grow with us. We provide the resources and opportunities for continuous personal and professional development, empowering you to make a genuine impact on our evolving product.

Work in the EU

Embark on this exciting journey with us and enjoy the flexibility of travelling and working remotely or in a hybrid model across Europe.

Become a stock options holder

Unlock your inner entrepreneur and align your aspirations with ours through our Stock Options Program. This exciting opportunity is available to every team member, from junior team members to our founders.

Receive unwavering support and care

Finom stands by you at every step, embodying our commitment to your well‑being and success reflected in our modern, friendly, and eco‑conscious corporate culture. We offer constant support and care to ensure your Finom experience is successful and fulfilling.

Work & Swim program

Immerse yourself in our exclusive Work & Swim Program. Spend one month in a comfortable corporate apartment in enchanting Cyprus. It's the ideal opportunity to strike the perfect work‑life balance while enjoying breathtaking Mediterranean views.

Equal Opportunity Statement

At Finom, we're an equal opportunity employer and value diversity at our company. We embrace diversity and invite applications from all walks of life. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, disability status, or other applicable legally protected characteristics.