[All remote jobs](https://jobicy.com/jobs.md)[![Monzo logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2025/06/5b4c0ec3-221.jpg)](https://jobicy.com/company/monzo.md)[Monzo](https://jobicy.com/company/monzo.md) # Credit Risk Oversight Manager Review the role, location requirements, compensation details, and application process before deciding whether this opportunity fits your next career move. [Apply for this job](#job-application)[View company](https://jobicy.com/company/monzo.md)ShareRemote from[UK](https://jobicy.com/job-region/uk.md)SalaryGBP 79,900–95k / yrDepartment[Finance & Accounting](https://jobicy.com/categories/accounting-finance.md)EmploymentFull TimeExperienceOpen levelPublished11 Oct 2026Apply before10 Nov 2026Listing views48Application actions1Application toolkit ## Make your next move. Prepare your resume, explore your fit, and draft a cover letter for this opportunity. AI Summary ## The role, at a glance. Monzo is hiring a Credit Risk Oversight Manager to provide independent second-line oversight and challenge for its growing consumer and small-business lending portfolio. The role assesses portfolio performance, strengthens monitoring metrics, reviews lending strategy changes and new-product pilots, and leads thematic assurance work. It requires strong unsecured credit-risk expertise, data analysis capability, SQL, and familiarity with scorecards, NPV models, stress testing, and forecasting. The manager will work closely with first-line borrowing teams, model development and validation teams, and senior risk forums while communicating complex findings in clear, practical language. ## Role DNA A quick view of the complexity, pace, ownership and collaboration implied by the job description. ### Job Complexity 5/5EasyHard ### Pace & Pressure 4/5RelaxedFast-paced ### Autonomy Level 4/5GuidedFull ownership ### Communication Load 5/5IndependentCollaborative AI insightThis is a senior risk-control role involving independent challenge of lending decisions, strategic oversight, and assurance across the full credit lifecycle. Success requires deep consumer-credit expertise, strong quantitative judgment, and the confidence to influence senior stakeholders while preserving collaborative relationships. ## Salary analysis Estimated compensation compared with the broader UK market for similar roles. Estimated job medianMarket rate£112,000UK market range£105k–£145k0£160k AI insightThe disclosed offer is £79,900–£95,000 yearly, with a midpoint of £87,450 (approximately $112,000 USD for comparative analysis). The estimated US-market base-salary range for a comparable credit risk oversight manager is $105,000–$145,000 annually; actual pay varies by financial-services specialization, regulatory scope, location, and management responsibility. ## Core skills Skills and capabilities most closely associated with this opportunity. [Credit Risk Management](https://jobicy.com/jobs?search_keywords=Credit%20Risk%20Management.md)[Consumer Lending](https://jobicy.com/jobs?search_keywords=Consumer%20Lending.md)[Unsecured Credit](https://jobicy.com/jobs?search_keywords=Unsecured%20Credit.md)[Portfolio Monitoring](https://jobicy.com/jobs?search_keywords=Portfolio%20Monitoring.md)[SQL](https://jobicy.com/jobs?search_keywords=SQL.md)[Credit Scorecards](https://jobicy.com/jobs?search_keywords=Credit%20Scorecards.md)[NPV Modeling](https://jobicy.com/jobs?search_keywords=NPV%20Modeling.md)[Risk Oversight](https://jobicy.com/jobs?search_keywords=Risk%20Oversight.md)[Stress Testing](https://jobicy.com/jobs?search_keywords=Stress%20Testing.md)[Stakeholder Management](https://jobicy.com/jobs?search_keywords=Stakeholder%20Management.md) Sample interview questionsHow would you assess whether a credit-card underwriting strategy remains within risk appetite?I would begin by defining the approved risk-appetite metrics and segmenting performance by vintage, score band, acquisition channel, and customer characteristics. I would monitor approval rate, bad rate, delinquency roll rates, loss forecasts, utilization, and profitability against thresholds and expected performance. Where deterioration emerges, I would validate data quality, identify drivers, quantify the impact of potential actions, and present a proportionate recommendation and challenge to the first line. Describe how you would use SQL to identify an early warning signal in a lending portfolio. I would create a repeatable monitoring dataset that joins account origination, repayment, delinquency, and decisioning data. I would compare recent cohorts with prior cohorts at equivalent months on book, tracking changes in missed-payment incidence, roll rates, utilization, and loss emergence by key segments. If a material variance appears, I would test whether it is caused by mix shift, policy changes, operational issues, or macroeconomic factors, then translate the finding into a clear risk action. What is the role of a second-line credit risk oversight team when a first-line team proposes a new lending pilot? The second line should provide independent review and constructive challenge rather than take ownership of the first line’s decision. I would assess the target market, proposed decision strategy, model performance, affordability controls, risk limits, monitoring plan, customer outcomes, and exit criteria. I would ensure that assumptions and downside scenarios are explicit, that the pilot fits risk appetite, and that governance includes timely escalation triggers. How would you explain a complex deterioration in portfolio performance to a non-technical committee? I would lead with the business implication, such as the scale of expected losses, customer impact, and whether risk appetite is at risk. I would use a small number of plain-language metrics and focused visuals to explain what changed, which segments are affected, and the evidence for the likely drivers. I would conclude with clear options, trade-offs, my recommendation, and the decisions or approvals needed. How do scorecards and NPV models inform credit strategy decisions? Scorecards estimate relative credit risk and can support decisions such as approvals, limits, pricing, and treatment strategies. NPV models add an economic perspective by weighing expected revenues, funding costs, losses, and operational costs over the customer lifecycle. Together, they help ensure a strategy balances growth, profitability, customer outcomes, and risk appetite; oversight should challenge model assumptions, stability, segmentation, and outcomes after implementation. Opportunity details ## About this role. 🚀 We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our product offering has grown a lot in the last 10 years in the UK. As well as [personal](https://monzo.com/current-account/personal) and [business](https://monzo.com/business-banking) bank accounts, we offer [joint accounts](https://monzo.com/current-account/joint-account), [accounts for 16-17 year olds](https://monzo.com/current-account/16-17), a [free kids account](https://monzo.com/current-account/under-16s) and [credit cards](https://monzo.com/flex) in the UK, with more exciting things to come beyond. Our UK customers can also [save](https://monzo.com/savings), [invest](https://monzo.com/investments)and [combine their pensions](https://monzo.com/pensions) with us. With our hot coral cards and get-paid-early feature, combined with financial education on social media and our award winning customer service, we have a long history of creating magical moments for our customers! We’re not about selling products – we want to solve problems and change lives through Monzo ❤️ 📍London/Cardiff/UK Remote | 💰£79,900 – £95,000 + Incentive Awards tied to your performance + [Benefits](https://monzo.com/careers/) ✨ Our Credit Oversight team⭐ Our Borrowing (lending) business is growing rapidly across both existing products and with the planned launch of new initiatives. As our lending portfolio grows, our second line of defence Credit Risk Oversight team is growing with it – and we’re looking for a Credit Risk Oversight Manager to join us! Our Credit Risk Oversight team is crucial in providing support and challenge to our Borrowing teams in the first line of defence to help Monzo grow safely. We’re looking for someone (maybe you?!) with proven experience in consumer credit risk who likes getting into the details and analysing data to deliver independent assurance – and challenge – of credit risk management across the lifecycle. Ideally you’ll have experience and in-depth knowledge of retail unsecured or small business credit risk strategy within financial services. You’ll have seen first-hand how a credit portfolio performs at different stages of the credit cycle, and have hands-on experience in shaping or overseeing lending strategies. You’ll have a collaborative approach, and be comfortable working across a broad range of stakeholders. You’ll also be someone who likes getting into the details, analysing data and providing constructive challenges. 🔑You’ll play a key role by… Providing ongoing oversight of credit risk – this includes analysing and understanding the performance of our existing lending products, developing and enhancing monitoring metrics and providing input to relevant committees and forums * Partnering with our first line of defence teams to support credit strategy changes – including new product launches and pilots – ensuring that we deliver magical lending products for our customers while meeting our Risk Appetite * Delivering deep insight, feedback and challenge on our credit strategies – including data-driven analysis and actionable counter-proposals – to support management decision making and shaping better outcomes for our customers * Leading second line assurance work on thematic reviews * Collaborating with our model validation and model development teams to ensure understanding of the models that underpin our credit strategies * Providing credit expertise and input into relevant strategic projects and critical Monzo-wide processes, such as stress-testing and forecasting * Supporting us in maintaining our Credit Risk Framework and making sure it is well embedded within the business * Taking a balanced and proportionate approach to risk management, making sure that managing risks becomes part of everyone at Monzo’s day-to-day role 🤩 We’d love to hear from you if you … * Have a strong background in credit risk management within consumer or small business lending – experience in unsecured product, such as credit cards, loans or overdrafts would be particularly beneficial * Have proven analytical skills, and can use these to interrogate data, build monitoring and look for early indicators of trends * Have hands-on experience and/or understanding of how to use credit risk scorecards and NPV models to develop strategies for making credit decisions * Have a solid technical toolkit; SQL or similar is a must-have, and experience using a data visualisation tool (such as Looker, PowerBI or Tableau) is a plus * Are excited to explore how we can use AI tools to improve our credit and risk management processes * Can convey problems and solutions using clear and simple language, both written and verbal (see [Monzo’s tone of voice](https://monzo.com/tone-of-voice/) guide). This is particularly important for communicating complex issues and priorities to non-experts * Have a track record of building and maintaining trusting relationships with stakeholders, while providing effective and respectful challenge * Are passionate about technology, and what we’re doing here at Monzo excites you! Not ticking every box? That’s totally okay! Studies show that women and people of colour might hesitate to apply unless they meet every single requirement. At Monzo, we’re dedicated to creating a diverse and welcoming team. If you’re passionate about this role and keen to learn and grow with us, we encourage you to apply – even if you don’t have everything that’s listed just yet. Drop us your application, we’d love to hear from you! 🙌 What’s in it for you 💰 £79,900-95,000 ➕Incentive Awards tied to your performance. 📍This role can be based in our London office, but we’re open to distributed working within the UK (with ad hoc meetings in London) ⏰ We offer flexible working hours and trust you to work enough hours to do your job well, and at times that suit you and your team. 📚 £1,000 learning budget each year to use on books, training courses and conferences. 🏡 We will set you up to work from home; all employees are given Macbooks and for fully remote workers we will provide extra support for your work-from-home setup. ➕ Plus lots more! [Read our full list of benefits](https://monzo.com/careers/). 🌈 The application journey has 4 key steps * An initial call with our recruiter * A call with one of our Credit Risk Oversight Managers, the hiring manager(s) for the role * A take-home task * Two competency, based interviews – one role specific technical interview and one behaviours and values interview This process should take around 4-8 weeks – your schedule is really important to us, so we promise to be as flexible as possible! We have some guidelines on using Artificial Intelligence (AI) to ace an application and interview at Monzo. [You can read them here.](https://monzo.com/blog/the-ultimate-guide-on-using-ai-to-ace-an-interview-at-monzo) #LI-TK1 Equal opportunities for everyone Diversity and inclusion are a priority for us and we’re making sure we have lots of support for all of our people to grow at Monzo. At Monzo, we’re embracing diversity by fostering an inclusive environment for all people to do the best work of their lives with us. This is integral to our mission of making money work for everyone. You can read more in our [blog](https://monzo.com/blog/diversity-and-inclusion), 2026 [Diversity and Inclusion Report](https://monzo.com/blog/our-2026-diversity-and-inclusion-report) and 2025 [Gender Pay Gap Report.](https://monzo.com/blog/gender-pay-gap-report-2025) We’re an equal opportunity employer. All applicants will be considered for employment without attention to age, ethnicity, religion, sex, sexual orientation, gender identity, family or parental status, national origin, or veteran, neurodiversity or disability status. If you have a preferred name, please use it to apply. We don’t need full or birth names at application stage 😊 Show more [Apply now >](https://jobicy.com/jobs/155016-credit-risk-oversight-manager.md) * ![Upload CV](data:image/svg+xml;base64,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) ### Upload your resume now To unlock remote work opportunities and be discovered by global employers. This job listing has been manually reviewed by the Jobicy Trust & Safety Team for compliance with our posting guidelines, including verification of the company's legitimacy, accuracy of job details, clarity of remote work policy, and absence of misleading or fraudulent content. Next step ## Apply now. Follow the employer’s application method and review Jobicy’s safety guidance before sharing personal information. Keep exploring ## Related remote jobs. * ![Reddit logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2020/10/Reddit.jpg) Reddit Oct 11 New ### [Global Indirect Tax Manager](https://jobicy.com/jobs/155053-global-indirect-tax-manager.md) Reddit is a community of communities. It’s built on shared interests, passion, and trust, and is home to the most open and authentic conversations on the internet. Every day, Reddit… * ![Reddit logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2020/10/Reddit.jpg) Reddit Oct 11 New ### [International Payroll Analyst](https://jobicy.com/jobs/155054-international-payroll-analyst.md) Reddit is a community of communities. It’s built on shared interests, passion, and trust, and is home to the most open and authentic conversations on the internet. Every day, Reddit… * ![hims & hers logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2023/11/e7b9b920-221.jpeg) hims & hers Oct 11 New ### [Tax Manager, EMEA](https://jobicy.com/jobs/155023-tax-manager-emea.md) Hims & Hers is the leading health and wellness platform, on a mission to help the world feel great through the power of better health. We are redefining healthcare by… * ![hims & hers logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2023/11/e7b9b920-221.jpeg) hims & hers Oct 11 New ### [Senior Tax Accountant, EMEA](https://jobicy.com/jobs/155025-senior-tax-accountant-emea.md) Hims & Hers is the leading health and wellness platform, on a mission to help the world feel great through the power of better health. We are redefining healthcare by… * ![Monzo logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2025/06/5b4c0ec3-221.jpg) Monzo Oct 11 New ### [Credit Model Validation Manager (Machine Learning & NPV Models)](https://jobicy.com/jobs/155010-credit-model-validation-manager-machine-learning-npv-models.md) 🚀 We’re on a mission to make money work for everyone. We’re waving goodbye to the complicated and confusing ways of traditional banking. After starting as a prepaid card, our… * ![Zapier logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2021/03/Jobicy-210317121153-967239.png) Zapier Oct 11 New ### [Finance Manager, Marketing](https://jobicy.com/jobs/154988-finance-manager-marketing.md) AI at Zapier At Zapier, we build and use automation every day to make work more efficient, creative, and human. So if you’re using AI tools while applying here –… * ![Cloudbeds logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2025/06/3aef1a38-221.png) Cloudbeds Oct 11 New ### [Accounting Specialist – LATAM](https://jobicy.com/jobs/152965-accounting-specialist-latam.md) What Makes Cloudbeds UniqueAt Cloudbeds, we’re not just building software, we’re transforming hospitality. Our intelligently designed platform powers properties across 150 countries, processing billions in bookings annually. From independent properties… * ![Cordance logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2025/06/e9fec3ef-221.png) Cordance Oct 10 New ### [M&A Professional](https://jobicy.com/jobs/152953-ma-professional.md) Cordance is dedicated to accelerating the growth of vertically focused business-to-business (B2B) software-as-a-service (SaaS) companies through acquisition and long-term tactical and financial guidance. We’re experienced operators and subject-matter experts with… * ![NetBox Labs logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2025/06/df239a55-221.png) NetBox Labs Oct 10 New ### [Senior Accountant / Accounting Manager](https://jobicy.com/jobs/152952-senior-accountant-accounting-manager.md) At NetBox Labs, we’re building the future of network automation. We are looking for an accounting professional with a finance engineer’s mindset — someone who owns core accounting operations while… * ![Discord logo](https://jobicy.com/data/server-nyc0409/galaxy/mercury/2021/02/WRILS-210216185819-522054.jpg) Discord Oct 10 New ### [Senior Stock Administrator](https://jobicy.com/jobs/152902-senior-stock-administrator-2.md) Discord has a highly engaged community of millions of daily active users who use the platform for many different reasons, but there’s one thing that nearly everyone does: play video… [Browse all jobs](https://jobicy.com/jobs.md)