Senior Manager - Credit📣 Job Ad

About the Role

Tamara, a leading fintech platform in Saudi Arabia and the GCC region, is seeking a Senior Manager - Credit to join its headquarters in Riyadh. As Saudi Arabia's first fintech unicorn, backed by entities including the Public Investment Fund (PIF), Tamara is dedicated to empowering individuals through a customer-centric financial super-app. This role is instrumental in safeguarding the company's financial integrity by managing credit risk and preventing fraudulent activities.

Role Overview

The Senior Manager - Credit Risk will develop and implement robust risk management strategies, conduct in-depth financial analysis, and foster cross-departmental collaboration to ensure a secure and dependable financial ecosystem. This strategic position requires a proactive approach to risk mitigation and a commitment to maintaining financial stability.

Key Responsibilities

• Develop and implement comprehensive credit risk policies, strategies, and operational procedures.
• Assess applicant creditworthiness using credit scoring models, credit reports, and financial analysis.
• Monitor and manage credit exposure, track delinquency rates, and oversee portfolio performance.
• Optimize risk and pricing strategies to maximize profitability while minimizing credit losses.
• Develop and implement fraud prevention strategies and control mechanisms.
• Monitor transactions and customer behavior to identify potential fraudulent activity.
• Investigate suspicious transactions and liaise with law enforcement agencies as needed.
• Stay informed about emerging fraud trends, technologies, and best practices.
• Utilize data analytics to identify, assess, and mitigate credit and fraud risks.
• Prepare and present regular reports and dashboards to senior management on risk trends and performance metrics.
• Champion data-driven decision-making in risk management operations.
• Ensure strict adherence to financial regulations and industry standards.
• Collaborate with the compliance team to address regulatory requirements for credit and fraud risk management.
• Work with product, engineering, and customer service teams to integrate risk management into product design and customer interactions.
• Provide expert guidance on the risk implications of new product development initiatives.
• Balance effective risk mitigation with a seamless customer experience.
• Communicate risk policies and actions to customers clearly and transparently.

Qualifications and Experience

• A Bachelor's degree in Finance, Risk Management, or a closely related field is required.
• A Master's degree or relevant professional certifications (*, FRM, CFE) are considered a significant advantage.
• A minimum of 8 years of proven experience in credit risk management and fraud prevention, with a preference for fintech industry experience.
• Strong understanding of credit scoring models, underwriting processes, and fraud detection methodologies.
• Proficiency in data analysis techniques and risk modeling.
• Solid knowledge of financial regulations and compliance requirements.
• Familiarity with risk management software and relevant tools.
• Exceptional communication and interpersonal skills.
• A highly analytical mindset with the ability to translate complex data into actionable insights.
• Demonstrated problem-solving skills and meticulous attention to detail.

Work Location and Type

This full-time position is based at Tamara's headquarters in Riyadh, Saudi Arabia.