Credit Officer - Embedded Finance

Lloyds Banking Group; Halifax; Hybrid; GBP 65,000 - 73,000; Full time

Job summary

A leading financial institution in the UK is seeking a Credit Officer to join its Embedded Finance Credit Risk team. The successful candidate will develop and implement credit risk strategies, provide credit risk input for new products, and monitor portfolio performance. A degree in a numerate subject or equivalent experience is required, alongside strong analytical and communication skills. This role offers hybrid working and a commitment to inclusivity.

Benefits

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

Discounted shopping benefits

30 days' holiday plus bank holidays

Wellbeing initiatives and generous parental leave policies

Qualifications

• Comfortable working with numbers and have either a degree in a numerate subject or equivalent quantitative experience.
• Confidence in using Microsoft Office and experience with analytical software, such as SAS/SQL.
• Experience managing credit risk using automated strategies and scorecards.

Responsibilities

• Provide credit risk input into new product launches and regulatory topics.
• Develop and implement credit risk strategies for Embedded Finance products.
• Monitor portfolio performance and identify trends for improvement.
• Collaborate with product, engineering and external parties for new product design.
• Provide coaching and mentorship to junior team members.
• Stay updated on industry trends and regulatory changes.

Skills

Strong numerate skills

Analytical expertise

Credit Risk experience

Change management

Effective communication

Responsible lending

Collaboration skills

Education

Degree in a numerate subject or equivalent experience

Tools

SAS

SQL

Excel

Job description

End Date

Sunday 07 December 2025

Salary Range

£65,385 - £72,650

We support flexible working – click here for more information on flexible working options

Flexible Working Options

Job Share

Job Description Summary

TITLE: Credit Officer

LOCATIONS: Chester, Halifax or Leeds

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days) in an office location

Join our Embedded Finance Credit Risk team in the Chief Credit Office. You will be part of a team that is responsible for the design, implementation and oversight of credit risk strategies as well as delivery of portfolio performance within risk appetite.

It's an exciting time to be joining the team as we mobilise in response to the changing world around us, expanding into new business propositions.

Our goal is to make the right lending decisions at the right time, with the right support which requires strong analytical and technical expertise.

Job Description

About this Opportunity

Are you highly motivated, curious, numerate and ready to learn and respond in a fast-paced environment? If so, we’ve got an exciting opportunity for a Credit Risk Officer in the Embedded Finance Credit Risk team.

What you'll be doing

We use insights and analytics to ensure responsible lending and continuously enhance our credit strategies. In this role, you’ll:

• Provide credit risk input into new product launches, regulatory topics, business requirements and risk transformation activity.
• Develop and implement credit risk strategies for new /existing Embedded Finance products, including underwriting and credit line assignment while ensuring that actions effectively manage risk and reward, support business objectives and translate into positive portfolio outcomes.
• Monitor portfolio performance and conduct deep-dive analyses to identify trends and opportunities for improvement.
• Collaborate with product, engineering and external third parties 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.
• Stay current on industry trends, regulatory changes, data innovations and competitive landscape to inform credit risk strategies and decisions.
• Working knowledge of tools like SAS, SQL and Excel to manipulate and interrogate data within a robust control environment.

What we are looking for?

Essentials

• Strong numerate skills - Comfortable working with numbers and have either a degree in a numerate subject or equivalent quantitative experience gained in previous roles.
• Analytical expertise– confidence in using Microsoft Office and have experience of using analytical software, such as SAS/SQL, to deliver insight.
• Credit Risk - you’ll have 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.
• Effective communicator - Builds positive relationships with partners and able to clearly explain complex issues and insights to different audiences, both verbally and non-verbally.
• Responsible lending – understand 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.

Desirables

• Deputising for senior leadership as needed and supporting them to shape the credit risk future.
• Experience of proposition development.
• Close attention to detail - as well as ability to stand back and look at the wider picture.

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We're committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best.

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer Initiative.

As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual 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

If you're excited by the thought of becoming part of our team, get in touch.

We'd love to hear from you.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.