Kriya is a fintech platform that keeps business flowing brilliantly by providing frictionless access to payments, credit and working capital through seamless integrations and instant credit decisions.

Founded in 2011, Kriya has helped businesses collect over £27 billion in B2B payments, and advanced over £ billion worth of credit through working capital and business loans. Kriya has a wide-reaching network of strategic distribution partners including Barclays Bank UK PLC, and is backed by a prestigious array of equity investors including Northzone, Barclays Bank UK PLC and Mouro Capital (owned by Santander Bank).

The Role:

Kriya has helped thousands of small businesses bridge the gap between completing orders and waiting to collect buyer payments. We are now interested in how we evolve our product set to integrate into third party ecosystems, creating an embedded finance offering. Increasingly B2B transactions are going digital and we are very well placed to help various platforms with this transition.

We are looking for an experienced risk specialist to spearhead our embedded finance product development. This role requires an innovative mindset, with the ability to identify new ways to make credit decisions, sourcing and utilising new data sets. You will build the core risk capabilities, from establishing risk appetite, evaluating risk and designing our policies and processes. The role requires continuous learning and improvements to optimise credit performance, forecasting and tracking performance of the portfolio.

You will be a leader in our Risk Function, working very closely with our General Manager. Given the focus on this strategic plan, the Founder/CEO will also be a key stakeholder.

What you'll do:

Define the key requirements for the product design and market positioning, specifically around the data capture and credit processing approach for the UK and international markets. Develop and optimise our pricing models and loss forecasts. Collaborate with our Data Science, Risk Analytics, Commercial and Engineering teams in developing our predictive models, product features and processes. Develop our risk appetite approach and Merchant Risk Management, both within the existing portfolio and working closely with the commercial team on converting our pipeline of new Merchants. Work with our Legal & Compliance teams to set up Know-Your-Customer, Anti-Money Laundering, and financial crime frameworks that support the embedded product vision. Work closely with the Capital Markets team to secure funding by establishing understanding and confidence in our profitability assessments and risk management framework. Continually enhance the portfolio performance through monitoring, insight and investigative analysis, explaining findings and recommendations to stakeholders in a clear non-technical way that is easy for stakeholders to digest and understand. Support the collections and recovery team with data driven insight and collections strategies.

Requirements

Expert in credit risk management in the SME and Enterprise sector with experience of automation and implementation of innovative data sources and managing and structuring large Merchant exposures Strong level of experience in working with a data science team to develop and implement scalable credit decisioning strategies Ability to shape credit risk management strategy and inform product feature development from the risk perspective Ability to lead and grow a risk team, prioritise projects and manage multiple stakeholders. High level of expertise in aligning risk management and wider business goals. Ability to communicate with and influence a diverse group of stakeholders, creating alignment over the longer-term vision of our products Experience working with underwriting teams to implement credit policies, implementing scalable and highly-automated decisioning strategies

Benefits

Best in class share options scheme A great office in the heart of Shoreditch (complete with roof terrace, ping pong, interactive Zoom Rooms and beer fridge), to help collaboration and in person innovation time 60 days work from abroad allowance 25 days of annual leave per year, plus your Birthday off 26 weeks of enhanced maternity leave/ 8 weeks paternity leave Life Insurance and Private health coverage with half price Virgin Active/David Lloyds gym membership Unlimited access to all Tate Modern exhibitions, free Amazon Kindle and book purchase allowance Regular social events, free office lunches (2x a week) and sporting events including Yoga and Football Mentoring from industry leaders and peers The opportunity to progress your career at one of the UK’s leading FinTech companies

Our Commitment to You

We will do our best to reply to all applications, however if you have not had a response within 4 weeks, please assume your application has not been successful.

Kriya is constantly working to maintain and improve our inclusive, friendly workplace. We ensure that both applicants and our people receive unbiased treatment without discrimination on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, race or any other protected characteristic.

How will we use your information?

We will use your data to process your application, to allow us to assess your suitability for a role, market job opportunities and recruitment information and improve our sites. We may share your data with third parties to achieve these purposes. We will not share your data for marketing purposes. We will keep your data safe in accordance with data protection legislation.