Auto-Financing Risk Assessment Credit Officer Consultant
Remote,
Finance /
Remote, Part-time /
Remote
Role Summary:
We are seeking a consultant to advise on the development of our auto-financing risk assessment logic, with a focus on affordability, creditworthiness, and data-driven decision-making.
Role & Responsibilities:
- At least 7 years of experience in risk management, with a strong preference for backgrounds in consumer lending or auto-financing.
- Advise on DBR calculation, income/obligation evaluation, and risk tiers.
- Review and refine credit approval frameworks.
- Provide market and regulatory insight to guide model assumptions.
- Validate proposed policies against market data and SAMA expectations.
- Design customer segmentation logic based on risk and affordability profiles to guide product eligibility criteria.
- Collaborate with data and engineering teams to translate risk logic into actionable rule engines and scoring models.
- Define and monitor key credit KPIs, such as approval rate, default risk, early delinquency, and portfolio performance.
- Support stress testing scenarios to assess the resilience of credit models under macroeconomic shifts.
- Review third-party data sources (e.g., Open Banking, SIMAH, employer databases) for integration into credit decision-making.
- Ensure credit policies comply with evolving SAMA regulatory frameworks and align with Sandbox expectations.
Requirements:
- 1. Credit Risk Analysis:
- Experience with consumer credit evaluation, ideally in auto-financing or personal loans
- Understanding of DSR (Debt Service Ratio), loan-to-value, credit scoring models, and affordability checks
- Ability to design or review credit policies for used cars, salaried vs. self-employed, etc.
- Working knowledge of SAMA’s financing regulations, including Fair Credit Terms, KYC, AML, and consumer protection
- Understanding how credit decisions must align with regulatory compliance in KSA
- Comfort working with credit data inputs from:
- SIMAH / Bayan Credit Bureau
- Open Banking APIs (e.g., income and obligation analysis)
- Can work with or define eligibility models, and help refine your risk engine logic
- Familiarity with basic Excel modeling and tools like Power BI / Looker / Metabase for analyzing credit outcomes
- Experience designing or reviewing credit approval workflows (manual or automated)
- Can define stages like: pre-screening → document check → scoring, → final offer
- Able to collaborate with tech, ops, and compliance teams to ensure credit logic is embedded in product design
- Experience working with LOS (Loan Origination Systems) or CRM systems is a plus
2. Familiarity with SAMA Regulations:
3. Data & Tech Fluency:
4. Process & Workflow Design:
5. Stakeholder Alignment:
Nice-to-Have Skills:
- Prior work at a BNPL, auto-leasing, or consumer finance company
- Can help with pilot program design to test risk logic in-market
- Familiarity with machine learning basics to support collaboration with data teams on smarter credit models
