Senior Credit Analyst - Remote Opportunity at Monzo

About the Role

We’re hiring a Senior Credit Analyst to join our dynamic team at Monzo. This Senior Credit Analyst remote position offers an exciting opportunity to shape our credit strategy across credit card products. You'll play a pivotal role in designing, optimizing, and growing our lending strategies to ensure we provide transparent and responsible lending solutions.

What You'll Do

• Design and refine credit underwriting and limit strategies to optimize risk and growth.
• Analyze portfolio performance, including arrears, utilization, revenue, and losses, to identify actionable insights.
• Build and interpret NPV and profitability models to inform strategic decisions.
• Develop segmentation frameworks to identify revenue and risk pressure points.
• Lead analytical deep-dives into portfolio trends and emerging risks.
• Partner with Product and Engineering teams to design and test new features and strategy changes.
• Evaluate the commercial and customer impact of pricing, eligibility, and limit decisions.
• Present clear, structured recommendations to senior stakeholders.

Requirements

• Experience in unsecured lending, ideally within credit cards.
• A strong understanding of credit card economics, including APR, utilization, interchange, and revolving behavior.
• Experience building or influencing credit strategies such as underwriting, limit management, and pricing.
• Strong analytical and data capabilities, with technical coding skills (SQL is a must-have; Python and Looker experience is a plus).
• Experience working with NPV models, profitability analysis, and portfolio forecasting.
• Confidence in communicating complex analysis clearly to non-technical stakeholders.
• Experience collaborating cross-functionally in a fast-paced environment.
• An interest in balancing risk, growth, and customer outcomes.

Nice to Have

• Experience working in a regulated UK lending environment.
• Exposure to IFRS9, stress testing, or capital modeling.
• Experience in experimentation or strategy testing frameworks.
• Experience working on business lending products.

What We Offer

• Competitive salary of £76,500 to £95,000 + benefits.
• Relocation support to the UK and visa sponsorship available.
• Flexible working hours that suit your lifestyle.
• Learning budget of £1,000 a year for books, training courses, and conferences.
• Inclusive and diverse work environment.

Join us at Monzo and be part of a team that is dedicated to making money work for everyone. Apply now for this Senior Credit Analyst remote role and help us shape the future of banking!