Head of Portfolio Risk Management (w/m/d)

at  Billie

We are Billie, the leading provider of Buy Now, Pay Later (BNPL) payment methods for businesses, offering B2B companies innovative digital payment services and modern checkout solutions. We are to create a new standard for business payments and have made it our mission to simplify the purchasing experience for all businesses making it a tool for growth. Our solutions are based on proprietary, machine-learning-supported risk models, fully digitized processes and a highly scalable tech platform. This makes us a deep-tech company building financial products, not the other way around. We love building simple and elegant solutions and we strive for automation and scalability.

WHO WE ARE LOOKING FOR:

• You have 7+ years in credit risk and portfolio management
• You have a proven expertise in building credit policy, credit servicing, and loss forecasting
• You have experience in leading and growing teams of analysts
• You showcase a strong technical proficiency: advanced skills in SQL, Python, and modern business intelligence tools
• You have a deep understanding of statistics and machine learning modeling
• You were able to demonstrate ability to drive impact through insightful data analysis
• You have a strong organizational and communication skills
• You have an open and collaborative mindset with a strong aptitude for teamwork

Join our dynamic Billie team as the Head of Portfolio Risk Management. In this pivotal role, you will spearhead the establishment and leadership of our cutting-edge risk management function, overseeing the B2B credit portfolio for our rapidly expanding BNPL fintech. We are seeking a highly motivated and experienced professional with a proven track record in credit risk for financial portfolios, whether in Credit Card, BNPL, fintech, or a tech-enabled bank. Your expertise should encompass credit policy, credit servicing, and loss forecasting, coupled with robust data-centric skills in SQL, Python, and a profound understanding of statistics and machine learning modeling.
As a key member reporting to the VP of Data Science and Risk, your primary responsibility will be to effectively manage the risk of Billie’s entire lending portfolio, creating valuable insights that contribute to informed decision-making.

Risk and Control Framework:

• Establish a comprehensive risk and control framework for the lending portfolio
• Effectively communicate the framework across the organization

Portfolio Performance Management:

• Own the performance of the lending portfolio, implementing controls, processes, and SOPs to ensure portfolio risk aligns with budgetary constraints
• Oversee the entire credit lifecycle, from loan origination to servicing and monitoring

Insights and Analysis:

• Generate meaningful insights related to risk models, delinquency, and net loss performance, comparing these with approval rates to steer portfolios effectively

Collaboration and Strategy:

• Collaborate closely with Sales & Business, Decision Science, and Underwriting teams to strike the right balance between risk and return
• Recommend adjustments to Billie’s decision strategies and product functionalities to mitigate risk

Pricing Strategy:

• Drive adjustments to our pricing strategy in alignment with profitability targets

Methodology and Compliance:

• Develop and implement provisioning and capital requirements methodology
• Enhance portfolio reporting accuracy and ensure compliance

Infrastructure Enhancement:

• Support improvements in data and platform infrastructure to enhance analytics capabilities and tools for risk management