Head of Credit & Analytics

Description

• Build and Enforce Credit Policies: Develop a comprehensive Credit Policy framework that covers credit algorithms, automated decision-making, underwriting, delinquency workflows, and collection processes.
• Lead Credit Strategy and Optimization: Define and execute a credit risk strategy that balances growth and risk, aligning lending operations with Billd’s revenue and portfolio quality goals. Having a deep understanding of the intersection between risk, operations, and product, will be critical.
• Insight-Driven Decision-Making: Champion data exploration to extract insights that drive business strategy, using data structure and historical patterns to identify growth opportunities and risk mitigation strategies.
• Oversee Financing Lifecycle Analytics: Manage the analytics of full credit lifecycle, including account and project underwriting, customer management, compliance, collections, and credit decisioning. Ensure policies align with Billd’s growth and operational efficiency goals.
• Accurate Forecasting and Planning: Create forecasting tools to anticipate portfolio growth and identify resources needed to support this growth.
• Develop Credit Models and Algorithms: Expand third-party data acquisition to enhance decision-making models, and develop algorithms for automated underwriting, credit limits, pricing, and terms.
• Establish KPIs and Monitoring: Set performance targets, develop reporting infrastructure, and monitor KPIs to ensure that risk and return are balanced effectively.
• Define Risk Appetite and Performance Goals: Establish risk thresholds and performance benchmarks to support strategic growth, adjusting as the business scales.
• Build a Scalable Team: Identify and mentor talent, structuring the risk department to support Billd’s current and future goals.
• Drive Customer Acquisition Quality: Influence acquisition strategies from a credit perspective, working with marketing and business development to attract high-quality leads.
• Investor Relations and Reporting: Regularly update investors on credit policy, algorithm evolution, and portfolio performance, providing insights on default and delinquency rates and relevant market trends.
• Support Collections and Recoveries: Design and optimize strategies for collections, including contact methods, tools, and in-house or outsourced options, aimed at maximizing recovery rates.

Requirements

• Comprehensive Lending Lifecycle Knowledge: Exposure to acquisitions, underwriting, collections, recoveries, and fraud within B2B lending environments.
• Educational Background: Bachelor’s degree required; master’s degree in a quantitative discipline is preferred.
• B2B Lending Acumen: Proven expertise in B2B lending, preferably with experience in construction finance or adjacent industries.
• Factoring and Small Business Lending Background: Direct experience in factoring or small business lending is preferred.
• Experience and Expertise: 10+ years in commercial lending, credit risk analytics, and risk management, with hands-on experience in credit policy, underwriting, and risk scoring.
• Data-Driven Mindset: Demonstrated ability to understand complex data structures, actively explore data insights, and apply findings to drive business decisions.
• Innovative and Creative Problem Solver: Known for implementing incremental and significant value-driving initiatives.
• Strategic and Tactical Leadership: Experience in a high-growth, analytical environment with a strong focus on profitability and risk/return optimization.

Benefits

• 2x Best Places to Work (Forbes, BuiltIn)

Training + Development

Interview process

Visa Sponsorship

Security clearance