WeLab Bank - Chief Lending Officer

Job description

WeLab, a leading pan-Asian fintech platform, operates two digital banks (WeLab Bank and Bank Saqu) as well as multiple online financial services in Hong Kong, Mainland China and Indonesia, with over 70 million individual users and over 700 enterprise customers. WeLab uses game-changing technology to help users access credit, save money, and enjoy their financial journey. At WeLab, we always put our people first. Embarking on a career with WeLab means being part of the driving force to make financial services accessible for everyone. In our flat and agile organization, you will get all the opportunities to make real impacts and deliver change. Most importantly, while you achieve greatness, we will ensure you have an amazing experience at WeLab! Our team is energetic and passionate who can deliver and execute, and we are looking for intellectually curious, open-minded, and smart-working individuals who are just as passionate as we are about making financial services enjoyable. Join us to build a better financial future for everyone! About You: You're a go-getter with mad juggling skills (or multiple hats) who can thrive in a fast-paced, agile environment You enjoy doing purpose-led and meaningful work You have a strong thirst for knowledge and are driven to find solutions that don't exist yet You are comfortable with ambiguity and extremely resourceful (in your past life, you could've been a detective) You always find a way to get things done without sacrificing the quality of your work, integrity, and values No task is off limits for you You are humble and prioritize the success of the team over your own with an eagerness to help those around you You don't shy away from challenges and can bounce back from setbacks What You’ll Do and What Success Looks Like Market Leadership and Strategy : Inspire to uplift WeLab Hong Kong’s loan business market penetration, aiming to become the market leader in Hong Kong. Establish and execute WeLab bank and Welend’s loan business proposition and strategies, ensuring alignment with company objectives. Product & Channel Innovation: Lead the design, development, and enhancement of lending products across WeLab Bank and WeLend. Drive innovative lending solutions and distribution channels to accelerate customer acquisition, engagement, and portfolio growth. P&L Management: Assume full ownership and accountability for the overall P&L and business targets of WeLab Bank and Welend's loan business. Develop and implement strategies to achieve financial goals, monitor performance, and make necessary adjustments to meet targets. Leadership and Oversight : Lead and oversee all aspects of the lending process and loan-related business activities, including Loan Product & Partnership, Loan Operation, Channel Management and Collection. Foster a high-performing and collaborative culture, inspiring teams to deliver exceptional results and meet business objectives. Build strong relationship with key internal and external stakeholders, including regulators, auditors, and industry associations. Portfolio Soundness and Profit Maximization: Ensure the overall soundness of WeLab Bank and Welend's loan portfolio, including portfolio mix, credit quality, pricing strategy, and risk mitigation. Maximize profit growth while maintaining a prudent risk appetite and adhering to regulatory requirements and internal policies. Regulatory Compliance: Establish and enforce proper policies and procedures for all lending products and practices, ensuring compliance with regulatory requirements and guidelines. Stay updated on regulatory changes and proactively implement necessary adjustments to maintain compliance. What is Required and What We’re Looking For Degree holder in Business Administration, Finance, Economics or other relevant disciplines Minimum 15 years of experience in consumer lending, retail banking, digital banking or financial services, with substantial experience in a senior leadership role Proven track record of driving business growth, portfolio performance and P&L management within a lending business Strong expertise in lending products, customer acquisition, channel management, partnerships, and product innovation Sound understanding of credit risk management, portfolio management, pricing strategies, collections, and risk-return optimization In-depth knowledge of HKMA regulatory requirements and banking industry practices Strong commercial acumen, strategic thinking, and an entrepreneurial mindset, with the ability to identify opportunities and deliver sustainable growth Excellent leadership, stakeholder management, and communication skills, with proficiency in both written and spoken English and Chinese Perks and Benefits to enrich your experience at WeLab: Learning and development stipend - we value lifelong learning and believe the best way to invest in our employees is to encourage them to continue to learn Wellness and happiness – Numerous activities to let you focus on your physical and mental wellbeing. We allow flexible time offs to take care of personal matters and to enjoy time with family and friends Comfortable and positive work environment – Open plan office for easy collaboration and social with your colleagues, or branch out into your own thinking pods when needed, with FREE food and drinks for when you want to recharge Work smart, play hard – Connect with your colleagues over food and drinks at the stocked pantry, in the spacious social area with board games and a ping pong table, or over activities like hiking, yoga, badminton, etc. A big and contagious smile on everyone’s face to make you happier :) WeLab’s Awards & Recognitions: Asia Banking Finance Retail Banking Awards: Virtual Bank of the Year - Hong Kong CNBC Disruptor 50: the only Hong Kong-based company on the list Financial Times Asia-Pacific High-Growth Companies: #2 in ranking The Chinese University of Hong Kong “Corporate Innovation Index”: #1 in ranking We offer a competitive salary package to the successful candidate. If you are interested in joining this exciting team, please apply with resume via the "Apply" button below. All information provided by applicants will be used for recruitment purposes only. Information of unsuccessful applicants will be destroyed within 24 months of receipt.