Head of Risk Modeling

At Younited, we believe money allows people to purchase goods & services and realize their dreams, but today’s banking products are opaque & overly complex.

Here, we leverage innovation & cutting-edge technology to redefine lending and payment practices, to provide exceptional user experience

More than a million customers already had access to our instant, simple & transparent credit, and we are just getting started.

We both provide credit & payment solutions directly to consumers (Younited Credit / Younited Pay) & via partners (banks, fintech & insurers who wish to develop consumer loan activities and retailers, telcos, e-merchants who wish to offer their customers the simplest method to pay in several times). We also provide budget optimization solutions through “Younited Coach” to all consumers willing to receive personalized recommendations.

Our mission is to become your trusted financial partner. In this respect, our strategy aims at promoting more transparency and more inclusiveness to help you achieve financial wellbeing.

We have initiated a B-Corp certification process, our social and environmental impact being at the heart of our strategic concerns.

So join Younited, the leading instant credit provider for the e‐economy in Europe Be part of an amazing adventure that is only at its beginning…

Some key figures about Younited group:

· Younited operates in 5 European countries and generates nearly 50% of its business outside France.

· The company has raised more than 330m€ in equity since launch.

· Younited employs more than c. 550 Younies in Paris, Rome, Barcelona, Lisbon, and Munich.

Younited is already trusted by prestigious E-merchant and Digital Bank partners among which Free , Bouygues Telecom , Orange Bank , Microsoft , Bpifrance , Apple , N26 , Fortuneo and Lydia .

Our 5 corporate values drive our daily job:

· Make it simple : At every level of the customer experience, the organization. Be transparent.

· Act as an entrepreneur : Take ownership, work in teams. Dare to try, accept to fail.

· Innovate or die : Challenge the status quo, no matter how impossible it seems.

· Faster is better : Value speed over perfection. Be aligned on priorities.

· No limit : Shot for the moon, stay humble.

We empower passionate problem-solvers to collaborate, innovate and do their best work.

We’re building diverse and inclusive teams around the world — because that’s how we create even better experiences for our customers and our partners. And we need your help. So, join us to build tomorrow, today.

If you want to know more, click here:

Context

As the Head of Risk Modeling, you will be an integral part of the Data Science team at Younited, tasked with developing various quantitative models for the company. This team operates within the Risk & Data department, fostering close collaboration with the Risk teams. It is essential to note that risk modeling lies at the heart of Younited's strategy, contributing significantly to risk management, product innovation, and having a substantial business impact.

Strategic partners such as Microsoft, Orange Bank or Apple have chosen us for our capacity to build innovative and high performant credit risk models helping them to provide new type of funding or increase their market share.

• The scope of responsibilities for this position includes:
• Credit scoring: develop & deploy credit scores on all our products (direct & via partners, consumer credit & earmarked credit, across all countries).
• Development of fraud detection models to identify and prevent fraudulent credit applications.
• Modeling of portfolio dynamics to gain insights into the behavior and performance of our portfolios over time.
• Recovery modeling, including both prioritization and forecasting of recovery performance, to optimize strategies for recovering outstanding debts.

• As the Head of Risk Modeling, your key missions will involve
• Prioritizing the roadmap based on business impact and model risk,
• Manage a team of 3 data scientists and expand it to support Younited’s growth,
• Understand the role of the credit scores in the decision engines and identify limitations and improvement ideas to maximize business impact for the Direct and Via partner lines of business,
• Develop performant & robust models using state-of-the-art statistical & machine learning techniques,
• Maximizing the utilization of external data sources in the various models (e.g., credit bureau),
• Enhancing the methodology for developing various scores,
• Ensuring correct deployment into production with Machine Learning engineers.
• Participating in the monitoring of various models in close liaison with the risk teams.
• Collaborate & communicate effectively with all stakeholders : risk teams, business lines, product & tech teams.

• Master's or Ph.D. in a quantitative field such as Statistics, Mathematics, or Data Science. · Extensive experience (5+ years) in risk modeling within the financial industry, with a proven track record of leading successful projects.
• Strong proficiency in statistical modeling techniques, with expertise in Python programming language.
• Excellent leadership and communication skills, with the ability to effectively manage a team and collaborate cross-functionally.
• Familiarity with regulatory requirements and best practices in risk modeling.
• Proactive mindset with a focus on continuous improvement and innovation.

• Master's or Ph.D. in a quantitative field such as Statistics, Mathematics, or Data Science. · Extensive experience (5+ years) in risk modeling within the financial industry, with a proven track record of leading successful projects.
• Strong proficiency in statistical modeling techniques, with expertise in Python programming language.
• Excellent leadership and communication skills, with the ability to effectively manage a team and collaborate cross-functionally.
• Familiarity with regulatory requirements and best practices in risk modeling.
• Proactive mindset with a focus on continuous improvement and innovation

Recruitment process

- A first video chat with Aurélien , Tech Talent Acquisition Manager, to get to know each other and tell you more aboutYounited, ourcorporate culture & values (30’)

- A meeting with Guillaume , who is in charge of the CPM team (60')

- A case study

- A video chat with Joachim (Credit Portfolio Manager) & Bilal (Head of Credit Risk)(90’)

- A video chat with Romain , Chief Risk & Data Officer (60')

Other benefits from joining Younited ?

- Offices in the center of Paris (9th)

- An international work environment and the opportunity to do a mission in one of our international offices (Barcelona, Munich, Roma)

- An entrepreneurship mindset and a teamwork spirit

- An individualized managerial and HR support during onboarding and throughout the Younited journey

- A continuous learning environment with the opportunity to take individual and collective trainings and "Friday workshops" in Tech department

- A particular attention to the work/life balance

- Support for young parents, including the opportunity of being part-time the week of return to the office

- The opportunity of getting involved throughout the year with associations as well as an annual offered solidarity day

- A flexible remote policy: from 8 days of remote per month to almost full remote for Tech (minimum 4 days at the office per month)

- 33 days of paid leave

- Luncheon voucher card

- Team buildings in France, internationally and within your team

Younited is an Equal Opportunity Employer for any minority, disability, gender identity or sexual orientation.