Credit Risk Manager

Propel (TSX: PRL) is the fintech company building a new world of financial opportunity by facilitating access to credit for consumers underserved by traditional financial institutions. Through its AI-driven platform, Propel evaluates customers in a more comprehensive way than traditional credit scores can. Our revolutionary fintech platform has already helped consumers access over one million loans and lines of credit and over one billion dollars in credit.

To build a new world of opportunity we bring together the brightest talent to help us build opportunities. We are entrepreneurs and believe in measuring success through results and growing within; talent and hard work never goes unnoticed. At Propel, we are here to change the way employees, customers and shareholders succeed together.

We are a team of passionate entrepreneurs, who foster curiosity and growth in our employees. Our culture is why we have been so successful and why our employees choose Propel to build their careers.

Join us as we change the way employees, customers and shareholders succeed together.

Purpose of the role:

Portfolio performance monitoring: Monitor portfolio performance, identifying opportunities to improve risk and support volume growth ensuring responsible lending within credit risk appetite.

Deliver measurable impact: Use data analytics to drive and implement tactical changes to support overall portfolio performance, reduce loss rates, strengthen affordability and customer outcomes.

Partner with the business: Work closely with Credit Risk Strategy, Commercial, Compliance, Model Risk, IT, Finance and Customer Experience to deliver changes safely into production.

Key responsibilities:

• Portfolio Performance: Lead design of robust portfolio performance metrics across key credit risk metrics including delinquency and default rates to identify emerging trends and potential risks.
• Risk Appetite: Monitor portfolio performance against approved risk appetite thresholds and escalate action where risk appetite is breached, through internal governance frameworks and in line with regulatory expectations. ·
• Analytics Reporting: Lead design, development and optimisation of portfolio performance reports to governance committees.
• Early Risk Identification: Lead and influence ad-hoc deeper dive root cause analysis where credit deterioration and portfolio shifts are identified.
• Tactical change: Drive end-to-end delivery of tactical actions to mitigate immediate portfolio risks and opportunities, partnering with Risk Strategy, IT and Customer Experience to ensure safe and traceable deployments.
• People Management: Manages and supports a team of analysts, developing analytical capability within the team through coaching, mentoring and structured support. Ensures workload is effectively prioritised and fosters continuous improvement in analytical practices.

Experience required:

• Degree in Maths, Data Science, Statistics, Economics or similar.
• 5+ years’ experience in credit risk/financial services strategy with strong experience in risk analytics including approval rates, roll rates, default rates, expected loss and profitability.
• Strong understanding of FCA regulatory landscape and regulatory frameworks.
• Proficiency in Python, R, SQL or other programming languages.
• Experience working with credit bureau data and large multi-source data.
• Strong understanding of strategy governance and risk strategy management expectations.
• Ability to communicate technical insights to non-technical audiences effectively. · Detail-oriented and process-driven with a focus on continuous improvement.
• Comfortable working in a fast-paced, evolving environment.
• Experience using Snowflake and data visualisation tools preferred.
• Experience in managing and developing analytical teams.

Skills and attributes required:

Continuous improvement: Proactively enhances portfolio monitoring identifying additional lenses to provide meaningful insight and actionable results using improved tooling and automation to improve efficiency.

End-to-end ownership: Drives tactical change from opportunity identification through design, build, governance and deployment. Takes full accountability for performance, stability and measurable customer outcomes.

Analytical rigour: Applies robust validation with meticulous attention to data quality, code accuracy and clear documentation.

Commercial and customer focused judgement: Balances risk, growth and fairness. Translates analytical outputs into actionable, responsible lending recommendations to drive measurable business impact.

Benefits of joining Propel:

• Competitive salary
• Pension
• 25 days holidays, increasing by 1 day per year (up to 30)
• Growth and opportunity – we pride ourselves on promoting from within
• Incredible company culture
• A culture that values innovation, collaboration and continuous improvement.

Our Culture:

Propel brings together the brightest talent to build opportunities. We are entrepreneurs who measure success through results and growth from within; talent and hard work never go unnoticed. Our team fosters curiosity and growth.

Equality, Diversity & Inclusion:

Our organisation is made up of brilliant people. Each of us is unique, whether in terms of our background, personal characteristics, experience, skills or motivations. And we value our people for the differences they bring to the table. These differences - this diversity is powerful.

Fostering an inclusive culture helps each of us to benefit from a wider range of these different perspectives, experiences and skills. We believe that this creates a happier, more productive working environment for us all.