Senior Credit Risk Manager

Join the Revolution in Car Finance 🚗💥

At Carmoola, we’re changing the way people get on the road – making it faster, fairer, and entirely built around the customer. We’ve started with car finance, reimagining it from the ground up with a seamless, digital experience that puts drivers in control.

Since launch, we’ve raised over £430m from top-tier investors (including QED), helped over 15,000 customers get behind the wheel – and we’re scaling fast.

To take things to the next level, we’re looking for a sharp, structured, and analytically-minded Senior Credit Risk Manager to develop the strategy and scale a critical part of our business. Our ideal candidate has experience of delivering amazing credit results in an auto lending business.

Your Mission

You’ll be responsible for optimising our credit risk and affordability strategy, taking it to the next level, ensuring that lending decisions focus on growth while protecting the financial health of the business. You’ll analyse and implement best-in-class decision-making with a high degree of AI and automation that balance business growth aspirations with strong credit outcomes, using data-driven insights and innovative approaches tailored to the unique dynamics of the car loan market.

This is a high-impact role for someone who loves digging into data, understands how to move from insights to pragmatic in-market strategies, and thrives in fast-paced, high-ownership environments. 

What You’ll Be Doing

• Working within a small, experienced risk team to develop new approaches to credit and affordability, taking pragmatic decisions by using a hands-on approach to analytics and data.
• Building scalable processes that balance customer outcomes, operational efficiency, and commercial goals.
• Delivering in-market results by driving credit performance, reducing arrears rates, across the risk spectrum.
• Using data, AI, and data insights to identify trends, inform strategy, and continuously improve processes.
• Ensuring all activities meet regulatory, legal, and compliance standards, with a strong focus on the fair treatment of customers.
• Partnering closely with product, engineering, operations, and finance to integrate lending decisioning into the broader customer journey and company strategy.
• Acting as a senior voice in the business on credit performance, providing regular updates to leadership and contributing to long-term planning.