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Credit Risk Specialist

1 month ago


Chester, Cheshire, United Kingdom Lloyds Banking Group Full time

Job Summary:

We are seeking a skilled Credit Risk Specialist to join our team as a Credit Officer within the Unsecured products space with a focus on a new Embedded Finance product. As a key member of our Consumer Credit Risk team, you will be responsible for designing, implementing, and overseeing credit risk strategies, as well as delivering portfolio performance within risk appetite.

Key Responsibilities:

  • Conceptualise and produce data-based credit analytics to assist in controlling the portfolio risk and associated credit strategies.
  • Deliver deep-dive analyses to identify trends and work with cross-functional teams to create opportunities for improvement.
  • Provide credit risk input into new product launches, regulatory topics, business requirements, and risk transformation activity.
  • Develop and implement credit risk strategies for a new Embedded Finance product, including underwriting and credit line assignment.
  • Monitor portfolio performance and conduct deep-dive analyses to identify trends and opportunities for improvement.
  • Collaborate with product, engineering, and finance teams to design and implement new products and features that balance risk and growth.
  • Provide coaching and mentorship to junior members within the immediate and wider team to drive performance and development.

Requirements:

  • Analytical expertise – confidence in using Microsoft Office and understanding of using analytical software, such as SAS or SQL, to deliver insight.
  • Credit Risk – experience managing credit risk using automated strategies and scorecards and the financial knowledge of risk vs. reward and managing within risk appetite.
  • Work effectively through change – an ability to initiate and enable change that helps improve the way we do things.
  • Responsible lending – understanding regulatory compliance and conduct risk for fair customer outcomes.
  • Collaboration - building effective partnerships and working collaboratively with a wide range of partners to meet shared objectives.

What We Offer:

  • A generous pension contribution of up to 15%.
  • An annual discretionary performance-related bonus.
  • Share schemes including free shares.
  • Benefits you can adapt to your lifestyle, such as discounted shopping.
  • 30 days' holiday, with bank holidays on top.
  • A range of wellbeing initiatives and generous parental leave policies.

About Us:

We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We're an equal opportunity employer and deeply value diversity within our organisation. We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.