Job description

The Credit Risk Manager role at Tamara, a leading fintech platform in Saudi Arabia and the wider GCC region and the country’s first fintech unicorn backed by Sanabil Investments (a wholly owned company by the Public Investment Fund), SNB Capital, and Checkout.com, is responsible for safeguarding the company’s financial interests by managing credit risk and preventing fraudulent activities across its financial platform that serves millions of users and partners with major brands including SHEIN, Jarir, noon, IKEA, and Amazon as well as small and medium businesses. Based at the company headquarters in Riyadh, this role focuses on developing and implementing credit risk policies, strategies, and procedures while assessing the creditworthiness of applicants using credit scoring models, credit reports, and financial analysis. The position requires continuous monitoring and management of credit exposure, delinquency rates, and portfolio performance while optimizing risk and pricing strategies to maximize profitability and minimize credit losses. The role also includes the development and implementation of fraud prevention strategies and controls, transaction monitoring, analysis of customer behavior for fraudulent activity indicators, and investigation of suspicious transactions with potential collaboration with law enforcement agencies when required. The Credit Risk Manager leverages data analytics, data analysis, and risk modeling to identify and assess credit and fraud risks and prepares regular reports and dashboards to communicate risk trends, portfolio performance, and risk indicators to senior management. The role requires implementing data-driven decision-making processes and ensuring adherence to financial regulations and compliance requirements, working closely with the compliance team to address regulatory obligations related to credit and fraud risk management. The position collaborates cross-functionally with product, engineering, and customer service teams to integrate risk management measures into product design and customer interactions while providing risk guidance during new product development. The role also requires balancing risk mitigation strategies with a seamless and positive customer experience and communicating credit risk policies and actions clearly and transparently to customers while maintaining a secure and reliable financial environment within the fintech ecosystem.