Credit Risk Manager

As a Credit Risk Manager at bol Credit Services (BCS), a regulated financial entity under AFM and FSMA supervision, you will be instrumental in developing and safeguarding the credit risk framework for bol's 'Buy Now Pay Later' and other credit services offered to its 13.7 million customers. Your core objective is to ensure responsible lending practices, preventing over-indebtedness while balancing speed and scale. Key responsibilities include designing, maintaining, and periodically reviewing the credit risk framework, encompassing policies, methodologies, acceptance criteria, and lending limits, all aligned with regulatory requirements and BCS's risk appetite. You will identify and assess credit risks arising from products, portfolios, counterparties, and outsourced activities, focusing on creditworthiness, affordability, and consumer protection. The role involves translating the risk appetite into concrete limits, monitoring utilization, escalating deviations, and overseeing first-line credit risk activities. You will also monitor portfolio data, produce periodic credit risk reports, evaluate new product implications, and conduct essential stress tests and scenario analyses on the credit portfolio. This role supports regulatory reviews, audits, and supervisory assessments, ensuring robust risk foundations for bol's evolving credit offerings.