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Credit Risk Analyst

4 months ago


Wath upon Dearne, United Kingdom Optimise By Recruitment Full time

Optimise by Recruitment are excited to be partnered with one of the most successful UK lenders in their market. They are a dynamic financial service business that provides innovative solutions in credit risk assessment and sustainable finance.



Please make sure you read the following details carefully before making any applications.

This newly created role of Credit Risk Analyst reports directly to the Chief Risk and Information Officer, providing an exciting opportunity to shape the credit risk framework for a fast-growing organisation. The role is critical as they seek to strengthen their analytic capabilities and develop data-led decision-making processes.


Responsibilities:

  • Develop credit risk management strategies, including manual verification rules for the underwriting team.
  • Perform analysis on data gathered from Credit Reference Agencies and other sources to design and develop innovative credit approval processes.
  • Monitor decision engine performance to ensure 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 and monitoring performance.
  • Undertake specialised analysis in scorecard development, modelling, profiling/segmentation, and forecasting to ensure lending aligns with Credit Risk Policy and the business’s risk appetite.
  • Code, test, and implement approved changes to credit decisioning systems, maintaining comprehensive documentation.
  • Provide support and advice regarding business insight and analytical trends.
  • Investigate issues, identify trends, and develop appropriate solutions to improve customer outcomes and business performance.


Requirements:

  • Minimum 3-5 years’ experience developing credit risk strategies and managing information within financial services (ideally Consumer Credit).
  • Excellent analytical and numeric skills.
  • Proficiency in Power BI, SQL, VBA, and Python.
  • Proven ability to analyse and present data in a Credit Risk role.
  • Knowledge of Credit Reference Agency data and reporting.
  • Excellent oral and written communication skills with the ability to translate insights into actionable strategies.
  • Ability to deliver accurate results to high standards within tight deadlines.


What They Offer:

  • Competitive annual salary up to £40,000, potentially up to £60,000 if combined with Data Warehouse Developer role.
  • Free parking and a company pension.
  • Continuous learning program and employee assistance program.
  • Access to discounts with leading high street names.


If you're a motivated individual with a genuine passion for data analysis, with a keen interest in contributing to sustainable finance activities, I encourage you to apply for this exciting opportunity.


From the moment you join the team, they are committed to providing continuous learning opportunities tailored to your needs and their requirements. Together, as a team, they inspire and uplift each other, striving to achieve excellence in everything they do. Join them in their journey to 'be the best they can be'