Kind Consultancy is working with a rapidly growing Electronic Money Institution who are currently seeking a Head of Underwriting and Credit Risk to join them in a full-time, permanent role in their central London office, paying £100,000 to £140,000 dependent on experience.

The Head of Underwriting and Credit Risk will be a core position in the client onboarding process, with key responsibilities including:

• Strengthening, and where applicable, designing underwriting practices.
• Reviewing new and current clients in various business sectors.
• Analysing business models, ownership setups, and financial info to get a clear view of risk.
• Conducting proficient analysis of P&L, balance sheet and cash flow statements of Platform models.
• Spotting and escalating any financial crime or regulatory red flags
• Partnering with the Compliance division to make sure that AML, CTF, and regulatory responsibilities are being fulfilled.
• Preparing (and reviewing) clear and concise summaries for internal stakeholders and risk committees, including identifying mitigants and making balanced recommendations for each client
• Maintaining an up-to-date awareness of the client risk landscape and assisting with regular reviews

Our ideal candidate for the Head of Underwriting and Credit Risk position:

• Has strong knowledge of merchant verticals and experience in acquiring new merchants within payments
• Has 5 or more years of experience in underwriting, onboarding, or risk — ideally at an EMI, PSP, bank, or fintech
• Has a strong grasp of how the payments ecosystem works and the risks involved
• Is familiar with UK regulations (FCA rules, AML, KYC, etc.)
• Is confident in reading financials and dissecting business models and ownership structures
• Is detail-oriented with strong analytical and decision-making skills
• Demonstrates a strong understanding of financial statements, business valuations, and credit risk
• Is a highly analytical team player who loves to evaluate financial and business risks.
• Displays great communication skills, with the ability to explain your findings clearly and concisely
• Has a self-starter mindset—comfortable working in a fast-moving, ever-changing environment
• Has the experience, credibility and skills to lead and mentor a team of underwriters
• Candidates having experience of underwriting high-risk sectors, knowledge of Visa and Mastercard Rules and Regulations, holding a Compliance or Risk certification and having knowledge of tools like Sumsub, WorldCheck, Webshield would be highly desirable.

If you have the necessary skills, knowledge and experience, are based in or can commute to London and are interested in the Head of Underwriting and Credit Risk opportunity, please apply with an updated CV today.