Credit Analyst (Business Underwriter)

About Revolut

People deserve more from their money. More visibility, more control, and more freedom. Since 2015, Revolut has been on a mission to deliver just that. Our powerhouse of products — including spending, saving, investing, exchanging, travelling, and more — help our 50+ million customers get more from their money every day.

As we continue our lightning-fast growth,‌ 2 things are essential to our success: our people and our culture. In recognition of our outstanding employee experience, we've been certified as a Great Place to Work™. So far, we have 10,000+ people working around the world, from our offices and remotely, to help us achieve our mission. And we're looking for more brilliant people. People who love building great products, redefining success, and turning the complexity of a chaotic world into the simplicity of a beautiful solution.

About the role

The credit department at Revolut is anything but ordinary. They design, develop, and launch credit products across the globe. The team manages our products from day one to the end — developing the back and front-end, the data science infrastructure, and then creating a local setup in each country with scalable risk management and portfolio management solutions. It's a big job, but our people are a credit to us all.

We're looking for a Credit Analyst who can autonomously underwrite loans, improve an auto-decisioning tool, and monitor a book of loans. You'll play a key role in growing a predictable and profitable business credit portfolio, while working across teams to enhance and expand the features we offer.

Up to shape the future of finance? Let's get in touch.

What you’ll be doing

• Underwriting SME financing applications through the analysis of accounts, open banking transactions, business models, and public and private databases
• Rationalising the risk/reward balance for each application
• Communicating with C-suite executives, like a client's CEO or CFO
• Decisioning on loans depending on your signing authority, or presenting deals to the credit committee for review and approval
• Articulating key commercial risk management considerations
• Assisting with improving risk underwriting policies and contributing to key risk indicators (KRI) for business credit applications and portfolio monitoring
• Ensuring KPIs on credit underwriting are met, including individual service level agreement, approval rates, and decline rates
• Building and maintaining internal relationships with product stakeholders, ensuring a solid feedback loop on initiatives
• Identifying operational inefficiencies and managing the implementation of big and small-scale changes within the Credit department
• Optimising risk mitigation while reducing client friction, ensuring a positive experience for business customers
• Ensuring continuous monitoring and validation of credit decision outcomes and MIS availability
• Providing advice, coaching, development, and guidance for colleagues across the business on risk parameters
• Leading the initiative for preventive and reactive actions towards any micro and macro factors impacting portfolio credit performance and profitability
• Ensuring approval and good rating of first-line credit risk function from second line, third line, and regulators

What you'll need

• A proven track record of credit analysis on similar loan products
• A bachelor's degree from a top university in an quantitative/analytical field, such as engineering, statistics, physics, maths, economics, or management
• A solid understanding of credit policy governance framework, and the ability to work through the 2nd/3rd line of defence in a competent manner
• An understanding of fraud risk management controls and how these apply to business credit underwriting decisions
• Previous experience improving or launching new credit products/features
• A history of delivering exceptional results that exceed requirements
• Experience documenting each application's merits in a clear and concise manner
• The ability to explain complex concepts in a simple manner
• A deep-thinking mindset capable of processing a lot of information to make the best decisions

Nice to have

• Working knowledge of SQL, R, or Python and other data analysis tools
• An interest in learning new technology to help the business scale
• A master's degree

Building a global financial super app isn’t enough. Our Revoluters are a priority, and that’s why in 2021 we launched our inaugural D&I Framework, designed to help us thrive and grow everyday. We're not just doing this because it's the right thing to do. We’re doing it because we know that seeking out diverse talent and creating an inclusive workplace is the way to create exceptional, innovative products and services for our customers. That’s why we encourage applications from people with diverse backgrounds and experiences to join this multicultural, hard-working team.

Important notice for candidates:

Job scams are on the rise. Please keep these guidelines in mind when applying for any open roles.

• Only apply through official Revolut channels. We don’t use any third-party services or platforms for our recruitment.

• Always double-check the emails you receive. Make sure all communications are being done through official Revolut emails, with an @revolut.com domain.

We won't ask for payment or personal financial information during the hiring process. If anyone does ask you for this, it’s a scam. Report it immediately.

By submitting this application, I confirm that all the information given by me in this application for employment and any additional documents attached hereto are true to the best of my knowledge and that I have not wilfully suppressed any material fact. I confirm I have disclosed if applicable any previous employment with Revolut. I accept that if any of the information given by me in this application is in any way false or incorrect, my application may be rejected, any offer of employment may be withdrawn or my employment with Revolut may be terminated summarily or I may be dismissed. By submitting this application, I agree that my personal data will be processed in accordance with Revolut's Candidate Privacy Notice