Credit Risk Lead

Rize is a groundbreaking rent-now-pay-later platform reshaping the rental landscape in Saudi Arabia. We're dedicated to making rentals more accessible and affordable, enabling tenants to manage their finances with ease and landlords to secure their income effortlessly. We're on a mission to revolutionize the rental industry, breaking down barriers and creating opportunities for all. We're a team of innovators, thinkers, and problem-solvers, committed to creating a positive impact and driving change in the market.

Our Team

We love working together, being creative, and doing things differently! Our team is made up of over 20 people with different nationalities. We work from a cozy office in Riyadh, Saudi Arabia. And hey, we're not just smart—we're really good at coming up with new ideas! Plus, you can work from wherever you want because we like to keep things flexible.

Our core values & Principles

• Innovation – We’re a technology-driven team with the purpose of uplifting the real estate sector. We are the leaders of the industry in innovation.
• Customer Centricity – We put the customer at the core of every decision and action.
• Adaptability - Being able to adapt quickly to changing market conditions and customer needs.
• Empowerment & Collaboration – Our team is the most valuable aspect of the company; We respect all ideas, our team enjoys authority, autonomy, and collaboration.
• Ethical Excellence - We perform within the highest ethical standard.
  
  

Job Summary

We are looking for a Credit Risk Lead to own and drive Rize’s credit risk function end-to-end. This role is critical to maintaining portfolio health while supporting business growth. You will lead credit risk strategy execution, underwriting frameworks, portfolio monitoring, and continuous optimization of risk policies using data and technology.

This is a hands-on leadership role for someone who thrives at the intersection of analytics, decision-making, and impact.

What will you be doing?

Credit Risk Strategy & Execution

• Lead the execution of Rize’s credit risk strategy in alignment with business objectives.
• Translate high-level risk appetite into practical underwriting rules, scorecards, and decision frameworks.
• Balance growth and risk to ensure sustainable portfolio profitability.
  
  

Portfolio Monitoring & Performance

• Monitor key portfolio metrics including approval rates, rejection rates, default rates, write-offs, and profit margins.
• Conduct ongoing portfolio analysis, stress testing, and concentration risk assessments.
• Identify early warning signals and proactively recommend corrective actions.
  
  

Underwriting & Policy Ownership

• Own and continuously refine credit and underwriting policies.
• Ensure consistent and effective implementation of risk policies across operations.
• Adapt policies based on market dynamics, customer behavior, and regulatory requirements.
  
  

Data, Technology & Innovation

• Work closely with data and tech teams to enhance credit decisioning tools and risk models.
• Leverage data, automation, and AI/ML insights to improve approval quality and reduce losses.
• Support SIMAH and other credit bureau integrations from a risk perspective.
  
  

Stakeholder Collaboration

• Partner closely with Product, Operations, Collections, Finance, and Tech teams.
• Act as the key point of contact for credit risk-related decisions and escalations.
• Clearly communicate risk insights and recommendations to senior leadership.
  
  

Team Leadership

• Lead, mentor, and develop credit risk analysts.
• Foster a culture of ownership, accountability, and continuous improvement within the risk team.
  
  

Key Performance Indicators (KPIs)

• Portfolio health: Defaults, write-offs, delinquency ratios.
• Profitability metrics: Approval rates, rejection rates, and contribution margins.
• Policy effectiveness and adherence.
• Speed and quality of credit decisions.
• Team performance and development.
  
  

You’re a perfect match if you have

• Bachelor’s degree in Finance, Economics, Business Administration, or a related field (Master’s is a plus).
• 5–7+ years of experience in credit risk, underwriting, or risk analytics (FinTech or financial services preferred).
• Strong hands-on experience managing credit portfolios and underwriting frameworks.
• Proven ability to make data-driven credit decisions at scale.
• Experience working with credit bureaus (e.g., SIMAH) and risk models.
• Familiarity with AI/ML-driven credit assessment tools.
• Strong communication skills with the ability to influence cross-functional stakeholders.
• A mindset that balances risk discipline with business enablement.
  
  

Benefits

What do we offer?

• Competitive salary - Receive a competitive salary package in USD or SAR, reflecting your skills and contributions in our industry.
• Diverse International team - Join a diverse international team where different perspectives and backgrounds enrich our collaborative culture.
• Flexibility - Enjoy the option of WFH policy to work hybrid, allowing you to balance work and life in a way that suits you best.
• Innovation - Shape the future of Proptech with your groundbreaking ideas and technological prowess.
• Direct Impact - See your ideas come to life and make tangible changes in an industry ripe for revolution.
• Fast-paced Learning - Grow personally and professionally every day with opportunities to master new skills in our dynamic start-up environment.
• Creative Freedom - Take the reins, innovate, and push boundaries with the freedom to experiment, learn, and grow at Rize.
• Close-knit Community - Join a collaborative, supportive team where your voice matters and your contributions are recognized and celebrated.