Senior Credit Risk Manager

What's Yonder?

"It's as if Time Out, Amex and Monzo had a baby" - Will T, Yonder Member

Yonder is a credit or debit rewards card that is designed to be fair, flexible, and actually enjoyable to use. No confusing terms. No dusty points system. Just rewards that actually feel rewarding - from bao to beers to a boarding pass.

If you want to work somewhere that's at a genuine inflection point, and on a product that our members really love, come Yonder with us.

Sounds cool. What's my part in this?

We're looking for a Senior Credit Risk Manager to own underwriting strategy end to end. This includes setting risk boundaries, the decisioning rules and models that action it, and the portfolio outcomes that prove it worked.

This is a senior, hands on role, and will have significant exposure to leadership who are committed to supporting the right outcomes. You'll work with the CRO and the wider credit risk team to not only set strategy but to also build it. This means writing the rules, running the analysis, defending the numbers to leadership and the regulator, and adjusting quickly when the data tells you to. We move faster than a bank because there's no red tape between a good idea and a live test. We need someone senior enough to be trusted with that speed responsibly.

What you'll do

• Leading underwriting strategy. You'll own the strategy for new and existing members, balancing responsible lending, portfolio performance and receivables growth within our agreed credit risk appetite.
• Designing, testing and refining strategy across the lifecycle. Application scoring, affordability, price and line setting, and price and line management - you'll build and continuously improve all of it.
• Managing pricing and line dynamics by channel to optimise both growth and return. Understanding channel risk, return on investment and pricing to optimise our revenue and margin growth.
• Translating strategy into production. You'll build and maintain decisioning rules and policy directly in our decisioning engine, not hand them off for someone else to implement.
• Leading portfolio monitoring. You'll make sure vintage curves, arrears, roll rates and early warning indicators are tracked, and turn unfavourable metrics into clear and timely strategy adjustments.
• Driving the credit risk narrative for governance. You'll own the analysis and materials supporting Credit Committee, Board and regulatory engagement, and will be expected to present and defend your recommendations. The CRO retains overall accountability for Yonder's credit risk position and risk appetite.
• Partnering closely with Finance, Fraud, Collections, Marketing and Product. Underwriting strategy touches all of them, and none of them should hear about a change after it's live.
• Identifying the required data to deliver a step change in our decisions. You'll be on the hunt for additional internal and external data that can materially improve risk selection, affordability, pricing and line decisions. It's not about using what we have, it's about striving to stay ahead of the market.
• Bringing rigour to a space still building its playbook. Where there isn't an established best practice, you'll help write it.

You're a great fit if

You have real ownership of underwriting strategy. You've built deep experience in financial services credit risk, and it's been genuine ownership - not just analysis in support of someone else's decisions.

You've priced and managed risk in non-prime or near-prime unsecured lending. Ideally credit cards or comparable, in a book where your strategy drove an improvement in growth, losses and profitability.

You're expert-level with SQL and/or Python. You run your own analysis, interrogate the data yourself and can move from question to strategy rather than relying on someone else to pull the numbers for you.

You're comfortable defending your work at senior levels. You can present underwriting strategy and portfolio performance to Credit Committee, leadership and where relevant to the Board, FCA or external auditors.

You're a builder's instinct. You'd rather ship a strategy change, watch what it does to the portfolio, and adjust than write a lengthy proposal about one.

You have genuine judgement about risk appetite. You understand the boundaries you're operating within and know where to hold the line and where flexing it responsibly grows the business.

Exposure to a decisioning platform. Exposure to Taktile or similar is valuable, particularly if you've helped build credit risk infrastructure at a growing lender rather than only inherited a mature setup.

You won't be a great fit if

You'd rather analyse than decide. This role owns strategy end to end, not just the analysis behind someone else's call.

You want established playbooks to follow. Non-prime unsecured lending at a fast-growing fintech is still building its best practice - you'll be writing a lot of it as you go.

You want distance from the numbers. You'll be expected to stand behind your analysis and recommendations with senior leadership, Credit Committee and where appropriate, the Board or the regulator.

You want a fully remote role. We're office-first. You'll be in the office at least three days a week, because we think the best strategy work happens face to face.

You need red tape between an idea and a live test. We move fast and adjust as the data tells us to. You'll need to be comfortable making evidence-based decisions, putting guard rails in and adjusting quickly when the data changes.

What's it like working at Yonder?

We're office-first, remote-friendly

Our London office is based in Shoreditch, complete with a roof terrace and plenty of comfortable space to do your best work. We ask you to come into the office at least 3 days a week, with everyone coming in on Mondays.

We take a values-led approach

Our principles are incredibly important to us, so we recommend you check them out here: Our DNA

We take development really seriously

We have a pretty structured process for progression, with fortnightly one on ones and quarterly peer perspectives. We also take some time at the end of each week to reflect and celebrate what we've learned and achieved.

What's in it for me?

Depending on your skill set and what you can bring from day one, you'll be looking at:

£111,342 - £126,347 annual salary depending on experience

£107,590 - £130,099 stock options

plus

35 holidays (27 days annual leave + 8 days public leave)

Regular team building trips and activities

Private healthcare with Bupa, including mental health, dental & vision cover

12 weeks enhanced parental leave for all parents after being with Yonder for 1 year

Learning & training allowance (£750/year) that you can use on books, courses, etc

Monthly team breakfast/lunch

Monthly team events like mini-golf, escape room, pottery making

Cycle to work scheme

Fresh pour-over coffee made by our very own CEO, Tim

What's the interview process like?

We take the candidate experience really seriously, so we've made the process as transparent as possible. We also promise to be super responsive, and will never leave you wondering where you stand for weeks on end.

Here's how it works:

• Stage 1: Intro call (45 mins): We'll have an initial call with to find out more about you and to tell you more about us.
• Stage 2: Take home task (48 hours to complete): A take-home task designed to see how you think about credit risk and make the right decisions with data that is provided.
• Stage 3: Face-to-face interview (2.5 hours): One 90-minute and one 60-minute interview to learn more about how you work. This will also be a great opportunity for you to meet the rest of the team so we would love it if you can come into the office for it!
• Stage 4: Offer If everyone's happy, we'll make you an offer to join us - YAY!

Other things to know:

• We love closing the feedback loop at Yonder. You can expect specific feedback on our decision from Stage 2 onwards, and you can always ask for more.
• We must complete the right to work, criminal background, credit and media checks for every new Yonder-er for compliance purposes because we handle sensitive customer data.
• We also do reference checks, ideally with your most recent manager on the phone.
• We like to move quickly at Yonder, so we will be ready to onboard you once the above checks are complete - the entire process can take between 2 - 6 weeks.

We know that diverse teams build better products. If you're from an under-represented community, we'd especially love to hear from you.

Even if you don't feel 100% qualified, please do apply anyway. Your attitude and desire to grow are just as important as your experience.