Credit Risk Analyst
3 days ago
As the Credit Risk Analyst your role is to support the business as it continues to grow, reporting directly to the CFO. Core responsibilities of the role are to analyse and report customer and credit risk to ensure that the business is operating within risktolerance and optimising market opportunities, ensuring that the right products are being offered to customers, which in turn create the best return on assets.
**Client Details**
Financing business based in Northampton.
**Description**
- Create and develop risk analytics and insights focused on customer, asset, broker and other variables
- Reporting of risk performance - back book and new business identifying areas for development and improvement
- Undertake regular affordability analysis and monitoring of book
- Work with Experian utilising data, best practice and credit risk methodologies to enhance book performance
- Support inputs into the risk-reward pricing and commercial initiatives including new products and pricing, commission structures, distribution channel development
- Analysis of book profitability via different cohort lens' e.g. risk, distribution, age, product, term, asset
- Support provisioning process and methodology
- Attend and present at quarterly Affordability Committee meeting
- Attend and participate at monthly Product & Pricing Committee meeting
- Attend and participate at quarterly Provisioning Committee meeting
- Undertake ad-hoc analytical projects as required by the business
- Work closely with the FinOps and PP&A teams to ensure consistency of reporting and approach
- Work with auditors and advisors as required
- Maintain robust controls, audit trail and documentation
- Ensure policies and accounting standards are up to date and being implemented correctly
- Work closely with other parts of the business to ensure appropriate levels of compliance and controls
- Ensure all regulatory, statutory and compliance responsibilities are discharged appropriately
**Profile**
- Degree level education with technical focus e.g. maths, economics, finance, computer science
- Demonstrable track record in data and analytics
- Experience in consumer finance, preferably motor finance
- Understanding of balance sheet / lending dynamics / credit risk
- Understanding of wider economy and role of non standard finance providers
- Able to demonstrate progressive improvements in systems, processes and controls
- Appreciation of regulatory obligations and adhering to FCA requirements
- Demonstrate working knowledge of accounting standards (FRS102 and IFRS, specifically IFRS9) and keeping apprised of latest developments
- Champion of technology use and continuous improvement
- Clear communicator, especially with more complex technical areas
**Job Offer**
- Highly competitive salary
- Bi-annual bonus
- Hybrid working
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