Senior Credit Risk Analyst- Scorecards

Senior Credit Risk Analyst- Scorecards£50K + car scheme optionsVery flexible hybrid workingMotor finance experience strongly preferredScorecard development experience is essentialMain Responsibilities:To provide daily operational support in the management of the Retail portfolioPortfolio Health Monitoring – Track delinquency, arrears, write-offs and overall cost of risk; flag deteriorating segments promptlyRisk Dashboards – Build and maintain dashboards and management information on key risk indicators, affordability and underwriting performancePolicy & Process Optimization – Propose and implement changes to credit policy, underwriting rules and the decision engine to balance approval rates with expected lossRisk Budgeting & Provisioning – Contribute to risk budgets, forecasts and the calculation/validation of specific and general provisionsRegulatory & Investor Reporting – Prepare FCA affordability reports, monthly management packs and historical securitization data for investorsCross-Functional Collaboration – Work with Underwriting, Collections, Finance and other stakeholders to drive remedial actions on high-risk accounts and improve end-to-end credit qualityPresent in the bi-monthly Credit Committee to Senior Management Team on any related Credit topicsRecommending changes to Credit Policy to hit Underwriting SLA, maximise Accept Rates whilst maintaining Cost of RiskResponsibility for Monthly Management Reporting for Europe HQRegular reviews with external suppliers such as Experian to assess performance of the underwriting scorecardsEnd to end model ownership: from data extraction and feature engineering to validation and deploymentConduct model monitoring and performance analysis: regularly assess back testing results and recalibrate when neededDeliver predictability and control of bad debt performance to a planned level of lossCross-Functional Collaboration – Work with Underwriting, Collections, Finance and other stakeholders to drive remedial actions on high-risk accounts and improve end-to-end credit qualityAnalyse performance of underwriters and collections agent with follow up coaching when requiredCreate on the job training plans to help assist the credit and collections team reach full potentialAssist with the drafting and development of internal Credit and Collections proceduresThe ideal candidate will have:Previous scorecard writing experienceDegree and 3+ years’ credit-risk experience, ideally in automotive or consumer finance.Extract, engineer and analyse data to develop and validate scorecard models and pinpoint areas of strength or weaknessResponsibility that all models adhere to internal standards and regulatory expectations through documentation and monitoringExcellent oral and written communication skills are essential together with proven complex analytical and decision-making skillsStrong analytical and documentation skills, in particular data analysis as well as attention to detailAbility to communicate and negotiate changeWillingness to work towards achieving goals in a changing and challenging environmentDriven to take the initiative to improve systems, processes and the delivery of management informationImprove systems, processes, and business practicesA strong understanding of business strategy and how to align scorecard metrics with organizational objectivesThe ability to explain complex data and model outputs clearly to both technical and non-technical stakeholdersSolid understanding of lending products and credit risk lifecycleAdvanced analytical skills and capability to operate with reporting tools (Excel, SAS, Access…)Familiarity with UK/FCA regulations and best practices in credit-risk management.Send your CV to nmohamed@merje.com*No sponsorship provided*