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Senior Credit Risk Analyst

2 months ago


Wolverhampton, Wolverhampton, United Kingdom OSB Group Full time

About the Role

We are seeking a highly skilled Senior Credit Risk Analyst to join our team at OSB Group. As a Senior Credit Risk Analyst, you will play a critical role in producing impactful analyses, with a focus on Residential and Buy-to-let mortgages, Bridging Loans, and Asset Finance.

About the Team

You will be part of a dynamic team that is responsible for end-to-end MI production, enhancing reporting, and reacting to emerging trends. Your expertise will be key to identifying opportunities to improve our credit strategy and lending performance.

Key Responsibilities

  • Produce daily, weekly, and monthly MI identifying trends or changes in performance relating to Residential and Buy-to-let mortgages, Bridging Loans, Asset Finance, etc.
  • Proactively identify opportunities to enhance the existing reporting suite, reacting to new and emerging trends, or new Management or Regulatory requirements.
  • Provide insights and recommendations to the credit risk team and other senior management in terms of the portfolio composition, trends, and performance.
  • Perform in-depth analysis and deep dives on portfolio trends and market data to identify opportunities to improve our credit strategy and lending performance.
  • Undertake ad-hoc analytical requests to support internal or external (regulatory) queries, ensuring analysis is produced in a timely manner, and accurate in line with expectations.
  • Ensure efficient use of internal data sources and external credit bureau data to monitor performance.
  • Take a leading role in critical Credit Risk analytical work streams such as Risk Appetite setting and monitoring.
  • Provide analytical support to the wider Risk function as and when required, including lifecycle performance, product performance, strategy enhancements, etc.

Requirements

  • Experience working in a Consumer Finance/Retail Banking Credit Risk function is essential.
  • Specialist knowledge of the Financial Services industry and Credit Risk Lifecycle is essential.
  • Specialist knowledge of Mortgage Lending industry is desirable.
  • SAS/SQL coding knowledge is essential.
  • Advanced skills in respect of Excel/VBA is essential.
  • Advanced understanding of mathematical and statistical techniques is essential.
  • Excellent verbal and written communication skills is essential.
  • A university degree in a quantitative field (i.e. Mathematics, Physics, and Engineering) is desirable.

What We Offer

  • Base salary dependent on experience of between £45,000 - £55,000.
  • Competitive benefits package including discretionary annual bonus opportunity of up to 15%, 28 days annual leave plus bank holidays, contributory pension, life assurance, group income protection, access to private medical insurance and medical cash plan, maternity and adoption leave, paternity leave, and additional benefits such as hybrid working, cycle purchase scheme, technology purchase scheme, season ticket loan, holiday purchase/sell schemes, employee perk portals, payroll giving, and save as you earn scheme.