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Head of Credit Risk - Lending

Berlin, Germany · Operations

Global Head of Credit Risk - Lending

The mission of SumUp’s Lending Tribe to be the lending partner of choice of our micro & small merchants by providing them with access to capital to grow their businesses.

As the Head of Credit Risk in this green-field team you’ll report to our Global Lending Tribe Lead, and play the leading role in designing and managing our credit risk strategies globally. You will work with a cross-functional team to bring transparent, affordable and seamless lending products to millions of micro and small merchants across our 30+ markets.

What you’ll do

  • Lead a comprehensive credit risk strategy for SumUp's global lending portfolio and design policies and underwriting journeys to maximise access to credit to our customer base. These policies will be designed to serve to our Merchant Cash Advance model, but should in the future support us to fuel other lending models as: revolving credit lines, business loans, BNPL, and credit cards;

  • Develop credit analytics, statistical and machine learning models to access the credit worthiness of individual entrepreneurs and small business;

  • Monitor portfolio KPIs, as well as market, regulatory and macroeconomic trends impacting loan performance and delinquency levels. Drive adjustments to our underwriting and origination strategies to mitigate risk;

  • Lead and build a high performing “founding” team of risk analysts and data scientists in a boot environment;

  • Interact with our external investors across the globe, so they understand our credit risk strategies and performance.

Requirements: 

  • You are a subject-matter specialist with 7+ years of experience in credit risk managament for regulated and unregulated lending products. 

  • You have a solid track-record around credit modeling; policy and credit portfolio management; and, a good understanding of accounting and provisioning regulation (IFRS9);

  • 3+ year leading a credit risk analytics team; 

  • You get excited about building a business from scratch in a boot environment; have hands-on experience in conducting analysis independently; and combine excellent problem-solving and the ability to set priorities based on value delivery, with a frugal and pragmatic approach;

  • You excel in effective communication and stakeholder management: able to explain complex topics in a simple concise way for non-specialists and influence across different levels;

Nice to have:

  • You have credit risk experience in markets as LatAm and Europe;

  • You have experience working for fintech hyper-growth companies (plus, but not limited to);

  • You're well versed with modern data architecture: cloud data warehouse technologies; feature building, statistical modeling, and ML-based risk models;

Why you should join SumUp

  • We’re a truly global team of people from 60+ countries, spread across 3 continents

  • You will receive a competitive salary in addition to an attractive Virtual Stock Options package

  • You will be based in the heart of vibrant Berlin, one of Europe’s leading tech hubs

  • We offer an attractive tenure based sabbatical program

  • We use our Berlin HQ to foster the community by coming together regularly for brunches, cocktail nights, rooftop drinks, sports, and yoga

About SumUp

We believe in the everyday hero.

Small business owners are at the heart of all we do, so we're creating tools that help them run their businesses. With a founder’s mentality and a 'team-first’ attitude, our diverse teams across Europe, South America and the United States work together to ensure that the small business owners we partner with can be successful doing what they love. 

SumUp is an Equal Employment Opportunity employer that proudly pursues and hires a diverse workforce. SumUp does not make hiring or employment decisions on the basis of race, colour, religion or religious belief, ethnic or national origin, nationality, sex, gender, gender identity, sexual orientation, disability, age or any other basis protected by applicable laws or prohibited by company policy. SumUp also strives for a healthy and safe workplace and strictly prohibits harassment of any kind.

SumUp will not accept unsolicited resumes from any source other than directly from a candidate

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Job Application Tip

We recognise that candidates feel they need to meet 100% of the job criteria in order to apply for a job. Please note that this is only a guide. If you don’t tick every box, it’s ok too because it means you have room to learn and develop your career at SumUp.

Job Application Tip

We recognise that candidates feel they need to meet 100% of the job criteria in order to apply for a job. Please note that this is only a guide. If you don’t tick every box, it’s ok too because it means you have room to learn and develop your career at SumUp.