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Credit Risk Analyst

Rotherham | Permanent | £40,000/year | www.cv-library.co.uk |
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 holidayAbout 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 essentialFor 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