Senior Credit Risk Analyst- Scorecards

Senior Credit Risk Analyst- Scorecards £50K + car scheme options Very flexible hybrid working Motor finance experience strongly preferred Scorecard development experience is essential Main Responsibilities: To provide daily operational support in the management of the Retail portfolio Portfolio Health Monitoring – Track delinquency, arrears, write-offs and overall cost of risk; flag deteriorating segments promptly Risk Dashboards – Build and maintain dashboards and management information on key risk indicators, affordability and underwriting performance Policy & Process Optimization – Propose and implement changes to credit policy, underwriting rules and the decision engine to balance approval rates with expected loss Risk Budgeting & Provisioning – Contribute to risk budgets, forecasts and the calculation/validation of specific and general provisions Regulatory & Investor Reporting – Prepare FCA affordability reports, monthly management packs and historical securitization data for investors Cross-Functional Collaboration – Work with Underwriting, Collections, Finance and other stakeholders to drive remedial actions on high-risk accounts and improve end-to-end credit quality Present in the bi-monthly Credit Committee to Senior Management Team on any related Credit topics Recommending changes to Credit Policy to hit Underwriting SLA, maximise Accept Rates whilst maintaining Cost of Risk Responsibility for Monthly Management Reporting for Europe HQ Regular reviews with external suppliers such as Experian to assess performance of the underwriting scorecards End to end model ownership: from data extraction and feature engineering to validation and deployment Conduct model monitoring and performance analysis: regularly assess back testing results and recalibrate when needed Deliver predictability and control of bad debt performance to a planned level of loss Cross-Functional Collaboration – Work with Underwriting, Collections, Finance and other stakeholders to drive remedial actions on high-risk accounts and improve end-to-end credit quality Analyse performance of underwriters and collections agent with follow up coaching when required Create on the job training plans to help assist the credit and collections team reach full potential Assist with the drafting and development of internal Credit and Collections procedures The ideal candidate will have: Previous scorecard writing experience Degree 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 weakness Responsibility that all models adhere to internal standards and regulatory expectations through documentation and monitoring Excellent oral and written communication skills are essential together with proven complex analytical and decision-making skills Strong analytical and documentation skills, in particular data analysis as well as attention to detail Ability to communicate and negotiate change Willingness to work towards achieving goals in a changing and challenging environment Driven to take the initiative to improve systems, processes and the delivery of management information Improve systems, processes, and business practices A strong understanding of business strategy and how to align scorecard metrics with organizational 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 Advanced 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*