We are currently partnering with an award-winning organisation, who are looking to appoint a Credit Risk Analyst on a permanent basis.
This will be a full-time position based in Coventry (2 days per week in the office) with a salary of £35,000 - £40,000.
The ideal candidate will be highly self-motivated and have strong analytical and documentation skills, in particular data analysis as well as attention to detail.
Duties include (but are not limited to):
*Providing daily operational support to the Head of Credit in the management of the Retail portfolio
*Actively collaborating with cross-functional teams, including Collections, Finance, Underwriting and other stakeholders to improve end-to-end credit quality and drive remedial actions on high-risk accounts
*Conducting Monthly Management Reporting for Europe HQ
*Building and maintaining management information and risk dashboards on affordability, underwriting performance and key risk indicators
*Creating and putting into effect on the job training plans to help assist the credit and collections team reach full potential
*Maintaining policy and process optimisation by proposing and implementing changes to decision engine, credit policy and underwriting rules to balance approval rates with expected loss
*Contributing to forecasts, risk budgets and the calculation/validation of specific and general provisions
*Managing regulatory and investor reporting, including preparing monthly management packs, FCA affordability reports and historical securitisation data
*Recommending changes to Credit Policy to hit Underwriting SLA and maximise Accept Rates whilst maintaining Cost of Risk
*Conducting regular reviews with external suppliers such as Experian to assess performance of the underwriting scorecards
*Completing end to end model ownership from data extraction and feature engineering to validation and deployment
*Monitoring portfolio health by tracking delinquency, write-offs, arrears and overall cost of risk, as well as flagging deteriorating segments promptly
*Regularly assessing back testing results to monitor models and conduct performance analysis, recalibrating results when necessary
*Delivering predictability and control of bad debt performance to a planned level of loss
*Presenting in the bi-monthly Credit Committee to Senior Management Team on any related Credit topics
*Overseeing the performance of underwriters and collections agent with follow up coaching when required
*Assisting with the drafting and development of internal Credit and Collections procedures
Experience required:
*Strong analytical and documentation skills, in particular data analysis as well as attention to detail
*Have a strong understanding of business strategy and how to align scorecard metrics with organisational objectives
*The ability to explain complex data and model outputs clearly to both technical and non-technical stakeholders
*Solid understanding of lending products and credit risk lifecycle
Rewards and benefits:
*26 days annual leave plus bank holidays
*Hybrid working (2 days per week in the office)
*Company car scheme
*Generous pension contribution (up to 10% employer)
*Annual bonus
Working hours:
*37.5 hours per week
*Monday – Friday, 9am-5pm
Please note that you require recent experience to apply for this role.
James Andrews is acting as an employment agency and business in relation to this role.
At James Andrews Recruitment Solutions we try to respond to all applications personally, however, due to the high volume of applications this is not always possible. If you have not heard back from us within 72 hours, please assume that your application has been unsuccessful on this occasion.
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