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An exciting opportunity has arisen for an experienced credit risk professional to join a growing consumer finance company. This is a key hire for the business, and you will have great exposure to both internal and external stakeholders. Key responsibilities Monitor the credit card receivables portfolio identifying risks, trends, and anomalies, and implement solutions Lead the credit risk team, overseeing the performance of credit risk models Develop and implement credit risk measurement methodologies Present insights to senior stakeholders and manage external relationships with regulators and auditors Work closely with other teams in the business in order to integrate credit risk considerations into business decisions My client is looking for a Credit Risk Manager or a Credit Risk Senior Manager who is looking for progression and is ready to take on a management role. You should have six - eight years' credit risk management experience, coming from a consumer finance background with a solid understanding of credit card products and relevant regulatory requirements. This is a company with ambitious growth plans offering great exposure and flexible hybrid working environment. Please apply now for more information and a full job spec.
Senior Credit Risk Analyst- Nottingham (Hybrid 2 days a week)- £50K- £60K My Client is on the search for a Senior Credit Risk Analyst to be responsible for driving insight on credit risk strategies using varying data approaches; regularly monitoring key trends in the portfolio and the wider market and identifying risks that operate with them; and analysing and presenting reports to stakeholders. This role also supports a variety of risk management activities including credit decisioning and impairment models. As a Senior Analyst you'll have the opportunity to manage and mentor junior team members and work on in-depth project-based analysis. Key Responsibilities: Identify new opportunities to improve credit performance, communicate the benefit to key stakeholders and support implementation and monitoring of new strategies. Evaluate new and current customers creditworthiness to ensure the business continues to lend safely and remains within Risk Appetite. Produce timely and accurate credit risk MI and analysis, communicating any trends or concerns, drawing conclusions, and recommending action. Develop and maintain credit risk models to assess the probability of default, loss given default, and exposure at default. Support advanced model development, regular model insights and out of course analytical insights and investigations. Improve credit risk models, data and processes, by identifying improvements that can be made and recommending potential solutions. Key Requirements: In- depth knowledge of standard and advanced analytical techniques. Knowledge and confidence using SQL, Python, SAS and/or R. Knowledge of a variety of risk management topics such as IFRS9, IRB, Climate risk, and automated credit decisioning. Understanding of Credit Reference Agency data and uses in portfolio monitoring. Awareness of the Regulations including EBA Capital Requirements, Mortgage Credit Directive, FCA Mortgage conduct of business, GDPR and PRA Supervisory Statements. In depth understanding of IFRS 9 accounting standard and impairment modelling. Strong critical thinking, interpretation, and facilitation skills. Excellent problem solving and decision-making skills. If interested, please send your CV to NOTE- This Client cannot provide sponsorship so candidates need to have valid right to work Please note, should feedback not be received within 28 days due to the large volume of applications, unfortunately, your application has been unsuccessful. However, we may be in touch with similar relevant opportunities.If you would like this job advertisement in an alternative format, please contact MERJE directly.
Job Title: Credit Risk Analyst Location: Rotherham Salary: Up to £40,000 depending on experience Hours: Monday to Friday 9 am - 5.30 pm Benefits: Company events Company Pension with Scottish Widows Employee assistance programme and financial wellbeing support Continuous learning program Free Parking Healthcare and wellbeing programme 25 days holiday About the position of Credit Risk Analyst We are looking for a hardworking, highly motivated individual with ambition and a desire to succeed with experience in developing credit risk strategies and managing information. Working for a new and rapidly expanding consumer finance lender this is an excellent opportunity to be part of a new team with superb opportunities to develop and progress. The newly created role of Credit Risk Analyst reports directly to the Chief Risk and Information Officer, providing an exciting opportunity to join and shape the credit risk framework for a fast-growing organisation in the consumer lending space. The role will be critical within the business as the business as they strengthen the analytic capabilities and develop data-led decision-making processes. You will be familiar with leading complex analytical projects to completion with minimal guidance, formulating and communicating conclusions and proposals considering the risk and reward whilst balancing customer outcomes and supporting the business in making positive strategic decisions. Responsibilities required for the role of Credit Risk Analyst Development of credit risk management strategies including the manual verification rules for the underwriting team. Perform analysis on data gathered from Credit Reference Agencies and other sources to design and develop innovative approaches to the credit approval process. Monitor decision engine performance to ensure that refer/decline rules, product limits, credit score cut-offs, and affordability assessments are appropriate and effective. Operate a robust test-and-learn approach developing tests based on data-driven evidence, setting clear performance expectations with subsequent monitoring and maintenance of performance. Undertake specialised analysis in the areas of scorecard development, modelling, profiling/segmentation and forecasting to ensure that lending is in accordance with the Credit Risk Policy and the risk appetite of the business. Code, test, and implement approved changes to the credit decisioning systems, maintaining comprehensive documentation of credit strategies, procedures, and processes. Provide support and advice to our internal customers regarding business insight and analytical trends. Investigate issues identifying and highlighting trends and emerging issues, together with the identification and development of appropriate solutions to deliver improved customer outcomes and business performance. Experience required for the role of Credit Risk Analyst Excellent analytical and numeric skills. Educated to a degree level in a relevant numerate discipline (Mathematics, Statistics, Economics) (Desirable). Strong skills using relevant software packages (i.e. Power BI/SQL/VBA/Python) to analyse large amounts of data, draw conclusions and drive actions. Proven ability to analyse and present data in a Credit Risk role. Knowledge of Credit Reference Agency data and reporting. Excellent verbal and written communication skills with the ability to translate insight into a coherent story that assesses the customer / commercial/financial impact and drives action. Ability to consistently deliver accurate, error-free results to a high standard within tight deadlines. Experience gained in consumer finance will be essential For more information regarding the role of Credit Risk Analyst please contact us. Stellar Select is acting as an employment agency and is a corporate member of the REC Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days