Risk and Credit Manager

FUTURE CONNECT; Riyadh; On-site; SAR 180,000 - 320,000; Full time

Job summary

FUTURE CONNECT is seeking an experienced Risk & Credit Manager in Riyadh to lead and strengthen its credit risk framework, underwriting strategy, and portfolio performance. The role requires hands-on fintech exposure, BNPL, digital lending, or similar credit-driven environments, with data-led decisioning and risk management.

You will design risk policies, manage the end-to-end credit lifecycle, and collaborate with Product, Data, Technology, Finance, Operations, and Collections to improve risk

Qualifications

• Bachelor's degree and 5–7 years in credit risk, underwriting, lending, or portfolio risk management.
• Strong fintech/BNPL/digital lending experience is required.
• Proven experience managing consumer or SME credit portfolios and developing credit policies.
• Knowledge of credit scoring, underwriting models, delinquency management, portfolio analytics, and risk monitoring.
• Experience with large datasets to support credit decisions.
• Excellent communication and stakeholder management skills.

Responsibilities

• Develop, implement, and enhance credit risk policies, underwriting criteria, and risk appetite.
• Manage end-to-end credit risk lifecycle including assessment, approvals, monitoring, and collections.
• Design and optimize credit decisioning rules, scorecards, limits, and thresholds.
• Monitor portfolio quality, delinquency trends, default rates, loss ratios, and risk indicators.
• Conduct portfolio analyses to identify emerging risks and optimization opportunities.
• Collaborate with Product, Data, Technology, Finance, Operations, and Collections to improve risk decisions.
• Support development of automated and data-driven underwriting models.
• Review performance across customer segments, products, merchants, and channels.
• Establish early-warning indicators and recommend corrective actions for credit exposure.
• Develop dashboards and regular reporting on portfolio performance and risk metrics.
• Support fraud-risk initiatives with relevant teams.

Education

Bachelor’s degree in Finance, Economics, Business, Statistics, Risk Management, or a related field

Job description

A fast-growing fintech startup in Riyadh is looking for an experienced Risk & Credit Manager to lead and strengthen its credit risk framework, underwriting strategy, and portfolio performance.

The ideal candidate will have hands-on experience within fintech, Buy Now Pay Later (BNPL), digital lending, consumer finance, or a similar credit-driven environment, with a strong understanding of data-led credit decisioning and risk management.

Key Responsibilities

• Develop, implement, and continuously enhance the company’s credit risk policies, underwriting criteria, and risk appetite framework.
• Manage the end-to-end credit risk lifecycle, including customer assessment, approval strategies, portfolio monitoring, and collections performance.
• Design and optimize credit decisioning rules, scorecards, limits, and approval thresholds.
• Monitor portfolio quality, delinquency trends, default rates, loss ratios, and other key credit risk indicators.
• Conduct regular portfolio analysis to identify emerging risks, customer behavior trends, and areas for optimization.
• Work closely with Product, Data, Technology, Finance, Operations, and Collections teams to improve risk decisioning and customer experience.
• Support the development and implementation of automated and data-driven underwriting models.
• Review credit performance across different customer segments, products, merchants, and acquisition channels.
• Establish early-warning indicators and recommend corrective actions to manage credit exposure.
• Develop management dashboards and provide regular reporting on portfolio performance and credit risk metrics.
• Support fraud-risk initiatives and collaborate with relevant teams to identify suspicious customer or transaction behavior.
• Ensure credit policies and processes remain aligned with applicable Saudi regulatory requirements and internal governance standards.
• Support new product launches by conducting risk assessments and defining appropriate credit controls.
• Manage and mentor members of the credit and risk team as the business scales.

Requirements

• Bachelor’s degree in Finance, Economics, Business, Statistics, Risk Management, or a related field.
• 5–7 years of relevant experience in credit risk, underwriting, lending, or portfolio risk management.
• Strong experience within Fintech, BNPL, digital lending, consumer finance, or financial services is required.
• Proven experience managing consumer or SME credit portfolios and developing credit policies.
• Strong understanding of credit scoring, underwriting models, delinquency management, portfolio analytics, and risk monitoring.
• Experience working with large datasets and using data to support credit decisions.
• Strong analytical and problem-solving capabilities.
• Familiarity with credit bureau data and alternative data sources is highly desirable.
• Good understanding of the Saudi financial services and fintech environment is an advantage.
• Strong stakeholder-management skills with the ability to work across Product, Technology, Finance, Operations, and senior leadership.
• Excellent communication and presentation skills.

Preferred Profile

We are looking for a commercially minded risk professional who can balance growth, customer experience, and credit quality. The successful candidate will be comfortable working in a fast-paced startup environment, building scalable risk frameworks, and using data to make informed credit decisions.