Director of Product - Credit & Underwriting

Hybrid role based in LondonOur Vision To empower every e-commerce business around the globe to transform its data into immediate access to capital.At Uncapped, we recognize that conventional credit scoring methods are outdated. Rather than relying on historical credit bureau data, we are developing cutting-edge products that convert everything from sales figures to inventory levels, banking transactions to marketplace performance into actionable underwriting insights. This is not just an additional feature of our product; it is the core of our business.We are rapidly expanding, innovating, and shaping the future of SME lending. We seek an individual who can implement automation and process enhancements iteratively, introducing changes with a clear vision for our trajectory, all while maintaining the current operations.Role Overview We are in search of a Director of Product to lead the credit and risk product strategy throughout the entire customer journey. You will serve as a crucial link between our Risk, Engineering, Data Science, and Operations teams, ensuring that our underwriting platform transitions from manual processes to highly automated, data-driven decision-making.This is a pivotal role in a fast-paced, high-growth fintech environment. You will be responsible for creating the roadmap for how we collect, evaluate, and utilize alternative data to inform lending decisions. Your focus will be on enhancing automation rates, shortening decision timelines, and broadening our underwriting capabilities to incorporate new data sources, geographical areas, and products, including underwriting-as-a-service for acquired loan portfolios.You will not be starting from scratch; we already have a functional platform, live products, and collaborations with leading online retailers and embedded lending partners. Your task is to significantly enhance these offerings, iteratively, while ensuring smooth operations.About Uncapped Founded in 2019, Uncapped is a fintech company dedicated to providing working capital to SMEs across North America and Europe.We utilize various data sources to expedite, secure, and simplify credit decisions. Our partnerships with prominent platforms like Amazon and Walmart position us as the leading alternative lender worldwide.What You Will Do Own the Credit Product Roadmap: Define and drive the product vision for automated credit decisioning across all Uncapped products. Prioritize developments based on business impact, balancing quick wins with strategic initiatives. Translate complex credit-related requirements into clear engineering specifications and measurable outcomes.Scale Automation While Keeping the Lights On: Increase straight-through processing rates by identifying manual bottlenecks and systematically implementing solutions.

Location: London, England, United Kingdom Team Overview Kroo’s underwriting team combines data analysis with a commitment to understanding real customer behavior. The group plays a central role in evaluating credit applications and shaping lending practices as the bank grows. Integrity, transparency, and continuous learning shape the way the team works together. What You’ll Do Assess and make decisions on consumer credit applications up to £25,000 using open banking data, credit bureau reports, and application details. Analyze income and affordability, focusing on customer transactions and cash flow through open banking sources. Evaluate credit risk and decide on approvals or declines in line with Kroo’s policies, risk appetite, and regulatory requirements. Identify and document potentially fraudulent or suspicious applications, including performing KYC and fraud checks when needed. Apply sound judgment to near-prime cases, balancing customer outcomes with risk management. Work closely with colleagues in underwriting, risk, and operations to support a smooth customer experience. Help improve underwriting processes, controls, and decision standards as the team evolves. Maintain strong knowledge of Kroo’s products and understand how underwriting decisions affect customer experience and portfolio results. Keep up to date with UK regulations and compliance standards relevant to consumer lending. What We’re Looking For At least 2 years of experience in credit underwriting or credit risk assessment. Solid understanding of consumer lending, affordability checks, and credit risk concepts. Hands-on experience analyzing open banking data for income and affordability assessments. Strong analytical skills with attention to detail in risk review and decision-making. Clear communication and effective interpersonal skills. Kroo is growing and welcomes those who want to help shape the future of banking with a focus on trust and customer impact.

Recognise Bank, based in London, supports UK SMEs through lending and savings products. Since receiving its license in 2021, the bank has focused on building strong relationships with customers and fostering a diverse team. Role overview The Credit Underwriter assesses and underwrites commercial property secured loans. Reporting to the Senior Underwriter, this position works closely with the Loan Operations team to evaluate lending applications submitted by Lending Managers. Daily tasks include reviewing customer information, analyzing financial details, and ensuring each application aligns with Recognise Bank’s credit policies and lending criteria. The Credit Underwriter makes recommendations or decisions regarding loan approvals based on these assessments. Our values Can do, will do: Take ownership, solve problems, and adapt to changing customer needs. Be brilliant: Approach work with curiosity and enthusiasm, always looking for ways to improve. Do the right thing: Make decisions guided by integrity, responsibility, and care. Make a difference: Focus on positive impact for customers, colleagues, and communities.

Join Us in Empowering the UK’s Small Businesses At Funding Circle, we recognize that small businesses are the lifeblood of the economy, and our mission is to support them in achieving their goals. We’ve developed an innovative platform that leverages advanced data analytics to provide swift financing solutions in mere minutes instead of weeks.As part of Funding Circle, you’ll experience the dynamic energy of a fintech startup combined with the stability of a publicly traded company. This unique blend empowers our team members, whom we affectionately call Circlers, to take initiative and create meaningful impacts on our mission.We pride ourselves on being a high-performing team that supports one another. We challenge each other to excel, celebrate our successes, and collaborate closely—because we understand that together, we can achieve more.The impact we make is tangible: Last year, businesses utilizing our platform contributed £7.2 billion to the UK economy Join us in a mission with real significance![View Our Impact Report] | [Check Our Trustpilot Reviews] London (Hybrid) | 3 days in the office | Competitive Salary + BenefitsFrom day one, your contributions will have a direct effect on our customers and your colleagues. We believe in learning by doing, and you will be given the responsibility to take ownership of projects and witness the outcomes firsthand.Evaluate data including annual accounts, bank statements, and credit reference agency information to assess the risk of extending credit to SME borrowers on an individual loan basis.Enhance loan decision quality by incorporating market, industry, and portfolio insights into your credit evaluations.Expand your understanding of UK SMEs, including accounting practices, industry standards, financing norms, payment behaviors, and relevant legal frameworks to effectively assess credit risk.Deliver a top-tier experience for our borrowers by efficiently reviewing loan applications in line with our internal quality benchmarks.Contribute to the enhancement of systems, processes, and business practices by sharing insights to improve efficiency and capacity.Provide guidance and support to colleagues to ensure that commercial opportunities are optimized without jeopardizing Funding Circle's risk management....

Ebury empowers ambitious businesses to achieve global growth, and we extend this philosophy to our team members. We promote innovation, collaboration, and problem-solving, creating an inclusive environment where everyone feels valued, supported, and positioned for success.If you are a collaborative individual eager to help revolutionize global business operations, reach out to us. We would be delighted to explore how Ebury can propel your career and help you shape the future.Staff Engineer (Underwriting Team)London Office - Hybrid: 4 days in the office, 1 day remoteEbury is on the lookout for outstanding and driven Staff Software Engineers to join our engineering team in London. This is a prime opportunity to make a substantial impact within a leading FinTech organization. As a Staff Software Engineer, you will become an essential part of the team from day one, contributing to mission-critical projects and deploying production-level code within your first week.In this role, you will collaborate across various product squads alongside Engineers, Product Designers, and Product Managers. We will expect you to tackle the most challenging problems while guiding the team toward informed trade-offs. You will have the ability to delve into the finer details while keeping the overall vision in perspective. Additionally, you will play a pivotal role in Engineering leadership and build strong relationships with stakeholders throughout the business. We are committed to identifying and nurturing future technical leaders; those who showcase exceptional performance and aptitude will benefit from an expedited career progression pathway.

Join Updraft: Redefining Financial Empowerment.At Updraft, we are an award-winning, FCA-authorised fintech firm located in the heart of London. Our mission is to transform the financial landscape, making money management and borrowing as seamless as possible through automation and cutting-edge technology.Experience a comprehensive spending overview with our Open Banking integration.Receive complimentary credit reports coupled with actionable insights to enhance your credit score.Utilize our AI-driven financial planning tools tailored to assist users in managing their finances, eliminating debts, and boosting credit scores.Access intelligent lending solutions aimed at reducing your credit costs.Our growth trajectory is impressive, and we’re gaining recognition within the UK fintech sector.Over 800,000 users have benefitted from our mobile app, which has facilitated the transition of approximately £500 million in high-interest credit card debt to more cost-effective credit solutions, paving the way for improved financial health for countless individuals.Our products are highly rated, boasting a 4.8 score on Trustpilot, 4.8 on the Play Store, and 4.4 on the iOS Store.Selected for the prestigious Technation Future Fifty 2025 program, which supports innovative and successful scaleups toward IPOs—30% of UK unicorns have emerged from this initiative.Featured in the Sifted 100 UK startups list for both 2024 and 2025, we are one of only 25 companies to achieve this recognition.We seek exceptional individuals to join us as we embark on our next growth phase, offering a unique opportunity characterized by meaningful purpose, measurable impact, and genuine ownership. Embrace a hybrid working culture based in London, where cross-functional teams tackle real-world challenges using state-of-the-art technology. Enjoy generous learning budgets, wellness perks, and the freedom to innovate, implement, and witness the impact of your contributions on customers' financial journeys. At Updraft, you will play a pivotal role in constructing a fairer credit system.The RoleAs the Underwriting Manager, you will lead our Underwriting team, overseeing all underwriting procedures and continuously refining them to enhance decision-making speed and business outcomes. You will also manage fraud detection, addressing potential fraud at both the application stage and post-application where necessary.We are looking for a proactive leader who can take ownership of these critical areas and drive substantial process enhancements through automation and AI initiatives, all while elevating overall business performance. The ideal candidate will define the overarching strategy, identify relevant automation use cases, collaborate effectively, and possess sufficient technical acumen to work closely with our Engineering team in implementing these changes.

About Checkout.com Checkout.com supports online payments for well-known brands including eBay, ASOS, Klarna, Uber Eats, and Sony. The platform handles billions of transactions each year, helping businesses and their customers move money smoothly and securely. Headquartered in London, Checkout.com operates from 19 offices across six continents. The team works in a performance-driven setting where individual contributions matter. Employees have the chance to help shape the future of fintech. Role Overview: Senior Analyst, Enterprise Underwriting The Senior Analyst, Enterprise Underwriting, will join the London office. This role centers on reviewing enterprise customer applications, with a focus on: Due diligence Credit exposure Financial analysis This position works closely with teams such as Business Development, Sales, Legal, and Senior Management. The analyst will also interact with high-value merchants and partners.

Role overview Wise seeks a Product Lead - Credit for its London office. This position centers on developing and guiding the future of Wise’s credit products. The aim: make financial services easier to access and genuinely useful for customers. What you will do Define the vision and roadmap for Wise’s credit offerings Drive product initiatives from initial concept through to launch Collaborate with colleagues across product, engineering, and other teams to deliver new features and improvements Monitor customer needs and market trends to keep Wise’s credit products relevant and valuable Location This role is based in London.

Join Shawbrook Bank as an Associate Director of Credit Distribution, where you will play a pivotal role in shaping our credit portfolio strategies. In this dynamic position, you will lead initiatives to optimize credit distribution across our diverse service offerings, ensuring robust risk management while enhancing customer satisfaction.As part of our Portfolio & Credit Solutions department, you will collaborate with cross-functional teams to implement innovative credit solutions that meet market demands. Your expertise will guide the development of credit products that align with our strategic objectives.

Shawbrook Bank is seeking an Associate Director of Credit Distribution to join its London office. This senior role is part of the Portfolio & Credit Solutions team and plays a key part in shaping the bank’s credit portfolio strategy. The position oversees a team focused on advancing credit distribution methods and refining credit offerings. Role overview The Associate Director leads efforts to develop and implement new approaches to credit distribution. The role is responsible for guiding a team, driving strategic initiatives, and ensuring that all credit activities align with regulatory requirements. What you will do Lead and mentor a team working on credit distribution initiatives Create and execute strategies that improve credit distribution across the portfolio Implement and refine innovative credit offering methods Maintain compliance with all relevant regulatory standards Requirements Strong analytical skills In-depth knowledge of credit markets Proven experience developing and executing credit strategies Ability to work effectively in a financial setting that values innovation and pace This position offers the opportunity to shape Shawbrook’s approach to credit portfolio management and distribution.

LemFi (Series B) is revolutionizing financial services for the Global South.Relocating shouldn't mean starting from scratch. Our team of over 400 professionals across 20+ countries is dedicated to creating a financial ecosystem that empowers immigrants to stay connected to their roots, build financial stability, and achieve wealth irrespective of their origin or current location.What began as a solution for fast and affordable remittances has now transformed into a comprehensive platform offering multi-currency accounts, payments, credit, and long-term financial growth.With millions of users worldwide, we facilitate over $1 billion in transactions monthly to 30+ countries, demonstrating that financial opportunities should not be confined by geographical boundaries.Your RoleAs the Director of Credit Risk, you will be responsible for managing the risk aspects of the UK Credit P&L, serving as a commercial leader who expertly balances risk-adjusted margins with growth. Reporting to the VP of Credit, you will lead a dynamic team and act as the primary credit representative across product, collections, and capital markets as the company scales.Your ContributionsP&L Management: Oversee the risk-adjusted margins throughout the portfolio and refine pricing strategies to ensure all segments deliver profitable returns.Decisioning Framework: Lead the development and execution of the comprehensive decisioning framework across both new client origination and existing customer management.Model Development: Direct the credit data science team to create top-tier credit models utilizing both traditional and alternative data sources.Financial Forecasting: Manage the forecasting of IFRS 9 provisions and loss estimates that directly influence financial planning.Regulatory Compliance: Ensure that FCA-compliant policy documentation is maintained across affordability, underwriting, and collections, owning the rationale for all significant decisions.Capital Markets Engagement: Support structured finance initiatives and present portfolio performance data to debt investors.Supplier Relationship Management: Cultivate and manage critical relationships with key suppliers, including credit bureaus, decision engines, and alternative data providers.

At OakNorth, we are dedicated to empowering the most ambitious businesses across the UK. Since our inception in 2015, we have lent over $21 billion across the UK and US, facilitating the creation of more than 58,000 homes and 36,000 jobs, while supporting hundreds of thousands of personal savers — all contributing to the growth of the UK economy.Team Mission The Credit Risk team plays a critical role in ensuring OakNorth makes informed lending decisions. As the Director of Credit Risk, you will lead the credit recommendation process for new business proposals involving a diverse array of SMEs and trading entities. This pivotal role demands high judgment and visibility, significantly influencing the quality of OakNorth's lending portfolio and the outcomes we achieve for our clients. Key ResponsibilitiesOversee the complete credit recommendation process for new business proposals: assess key risks thoroughly, draft clear written recommendations, and present findings to the Credit Committee in a concise and organized manner.Collaborate with Debt Finance Origination and Credit Analytics teams to enhance the quality of documentation and deal structures, ensuring that recommendations reflect sound credit judgment and favorable customer outcomes within the bank's risk appetite.Participate in Credit Committee meetings, engage directly with borrowers regarding their funding requirements, and ensure that Committee members are equipped with the information needed for informed decision-making.Effectively communicate Credit Committee decisions and manage all follow-up actions to resolution.Work closely with Legal and Loan Execution teams throughout the completion process, ensuring that all documentation, security requirements, and conditions precedent align with approved terms.Engage in client meetings alongside the Debt Finance team to provide early insights on appetite and deal structuring.Assist Portfolio Management with ongoing activities, including annual reviews, increases, extensions, restructures, and covenant resets.Review due diligence materials, financial accounts, and covenant models; clearly articulate the reasoning behind threshold-setting and definitions.Maintain data quality standards to ensure that the firm’s risk assessments are based on reliable and adequate information.Success Metrics after 12 MonthsThe credit papers you sponsor consistently exemplify high quality, requiring minimal revisions and are well-received by the Committee.Your challenges to deal teams foster respect and lead to improved outcomes; you are recognized as a constructive partner rather than a blocker.Committee decisions are communicated accurately and followed up without omissions.The loan completions you support close smoothly, with all security and documentation in order.You have established trusted relationships...

About Us At Ki Insurance, we are at the forefront of innovation in the insurance industry. Our unique portfolio includes insuring space shuttles, world tours, renewable energy projects, and even the legs of famous footballers.Our mission is to disrupt a 335-year-old market through digital transformation. Partnering with industry leaders like Google and UCL, we have developed a cutting-edge platform that employs algorithms, machine learning, and large language models to deliver insurance quotes in mere seconds, a significant leap from the traditional days-long process.As the largest global algorithmic insurance carrier and the fastest growing syndicate in the Lloyd's of London market, Ki Insurance has achieved unprecedented milestones, including generating $100 million in profit within our first three years.Our diverse teams operate in an agile, cross-functional environment, collaborating to create exceptional customer experiences. With ambitious goals ahead, we are seeking brilliant minds to challenge the status quo and help us explore new horizons.Your Role:As a Portfolio Underwriter, you will play a crucial role within our Portfolio Management team. You will assist in shaping and executing underwriting strategies to ensure profitable business operations. Your market understanding will enable you to identify opportunities, evaluate legal considerations, and leverage existing relationships to enhance our visibility in the London Market. You will collaborate with the Account Manager to define and deliver the KiDS underwriting strategy, translating it effectively among our brokers.Your Responsibilities:Utilizing your expertise in property underwriting, you will work closely with Underwriting Directors and the Portfolio Management Team to continuously refine our strategies. You will engage with distribution partners and market feedback to optimize our commercial approach, enhancing our algorithm’s performance and revenue generation strategies.

Join Cowbell Cyber as an Assistant Underwriter in our London office, where you will play a crucial role in supporting our underwriting team. You will assist in evaluating risks, analyzing insurance applications, and collaborating with various departments to ensure smooth operations. This is a fantastic opportunity to grow your career in the insurance industry while working with a dynamic and innovative company.

Marshmallow is seeking an Underwriter for a three-month fixed-term contract based in London. This position centers on reviewing insurance applications, analyzing risk factors, and deciding on suitable coverage terms for applicants. Role overview This contract role involves careful evaluation of customer applications and risk profiles. Decisions made in this position directly affect the coverage options offered and support Marshmallow’s goal of making insurance accessible and affordable. What you will do Review and assess insurance applications Analyze risks associated with each applicant Determine coverage terms based on risk evaluation Contract details Fixed-term: 3 months Location: London

About the Role abound is hiring an Underwriting Team Lead in London. This role guides underwriting practices and manages a skilled team. The Team Lead oversees daily underwriting operations, maintains compliance with industry standards, and encourages a cooperative approach to achieve team goals.

Join abound as the Head of Credit Risk, where you will lead our efforts in risk management, ensuring the financial stability of our lending processes. You will be responsible for developing robust credit risk policies, analyzing credit data, and implementing risk assessment frameworks. Work closely with cross-functional teams to enhance our risk mitigation strategies and drive continuous improvement initiatives.

Role overview Kroo seeks a Director of Credit Risk Management based in London. This position leads efforts to identify, assess, and manage credit risk throughout the company’s financial operations. Main responsibilities Design and maintain credit risk frameworks that promote responsible lending and meet regulatory standards. Guide and support a team of credit analysts, fostering a proactive approach to risk management. Collaborate with senior management to refine risk assessment methods and contribute to strategic business planning. Location This role is located in London, England, United Kingdom.

Join g-mass as a Business Analyst specializing in Underwriting, where you will leverage your analytical skills to enhance our underwriting processes. In this dynamic role, you will collaborate with cross-functional teams to gather and analyze data, identify trends, and provide actionable insights that drive business decisions.Your contributions will help streamline underwriting operations, improve efficiency, and ultimately support our commitment to delivering exceptional service to our clients. If you are passionate about data analysis and have a keen eye for detail, we invite you to apply and be part of our innovative team.

Join Allica Bank as an Invoice Finance Underwriter and play a crucial role in helping businesses secure their financial stability. In this position, you will assess and evaluate clients' invoice financing applications, ensuring that we provide tailored financial solutions that meet their unique needs.As an ideal candidate, you will possess strong analytical skills, attention to detail, and the ability to make informed decisions that align with our bank's risk appetite. Your expertise will contribute significantly to our growth and customer satisfaction.