Credit Lead - UAE

**What is FlapKap ?** FlapKap is a data\-driven fintech lender providing short\-term working capital to SMEs in the UAE. We underwrite businesses on their financial health and cash flow dynamics rather than traditional collateral\-based criteria, using AI\-powered credit models built in\-house. We lend across three products: * POS Financing — installment facilities for B2C merchants with significant card\-based revenue * Short Term Loan (STL) — working capital facilities for B2B trading, service and manufacturing SMEs * Invoice Discounting (ID) — advances against approved receivables from verified debtors **What will you do ?** You'll be the senior underwriter on the Credit team — the person who takes the hardest files, forms a view, and defends it in the Investment Committee. Alongside the day\-to\-day book, you'll own how we decide: refining the credit models and rewriting the policy criteria as the portfolio teaches us what actually predicts default. This is a senior individual contributor role. You won't manage a team, but your calls will set the standard the analysts underwrite to, and your recommendations will shape the policy the whole company lends under. Responsibilities: Underwriting and credit decisions * Underwrite POS, STL and ID applications end to end; assess capacity and willingness to repay; assign risk ratings through our product\-specific credit models * Interrogate AECB reports against bank statements and facility letters * Present cases to Investment Committee with a clear recommendation, structure and conditions; own the outcome * Handle enhanced\-review files * Structure security and conditions appropriately * Review appeals and exception requests from the commercial team on their merits, and hold the line when the merits aren't there Credit model and policy development * Analyse portfolio performance to find where our criteria are wrong — which thresholds reject good businesses, which let bad ones through * Recalibrate scorecards and rating logic across all three products; propose and document policy amendments for approval * Build the analysis that justifies changes to exposure caps, pricing bands, refinancing thresholds and eligibility criteria * Work with product and engineering to translate policy into automated pre\-screening rules on the platform * Track and report on cohort performance, early warning indicators, and the accuracy of our own risk ratings against realised outcomes **Requirements** * 4–6 years in SME credit — UAE bank SME lending, or a fintech / non\-bank lender * Hands\-on underwriting experience with SME files: bank statement analysis, VAT reconciliation, ageing reports, financial spreading * Working knowledge of the UAE credit infrastructure: AECB, trade licenses, Ejari, VAT filings, cheque\-based security and the practical realities of enforcement here * Strong AI skills \- good knowledge of how models work and experience in using them to create value to the credit team * The judgement to say no to a commercial team that wants a yes, and the analysis to explain why Nice to have * Exposure to invoice discounting or receivables finance, including debtor verification * Scorecard development or credit model validation experience * Familiarity with automated decisioning and the tradeoffs between rules\-based and model\-based approval What success looks like* 3 months — underwriting independently across all three products, taking your own decisions and reviewing cases of more junior employees * 6 months — you've identified at least two policy criteria that don't hold up against portfolio data and proposed evidence\-backed changes * 12 months — the credit models are measurably better calibrated on your work, and rating\-to\-outcome accuracy has improved **Benefits** * Competitive Salaries * Paid time off * Healthcare coverage * A highly collaborative team environment that will support your professional and personal growth * A culture that promotes Work\-Life balance and Wellbeing * A culture of learning and innovation