Credit Reference Agency Specialist

TN United Kingdom; London; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A leading company is seeking a Credit Reference Agency Specialist for a 6-month contract in London. The role involves designing CRA reporting processes and ensuring compliance with industry regulations. The ideal candidate will have extensive experience in CRA reporting and strong stakeholder engagement skills.

Qualifications

• Proven experience in Credit Reference Agency reporting within a UK-regulated bank.
• Strong working knowledge of the Principles of Reciprocity.

Responsibilities

• Lead the design and implementation of CRA reporting processes.
• Review and enhance current CRA processes to ensure regulatory alignment.
• Act as a key SME to advise staff on CRA reporting.

Skills

Communication

Stakeholder Engagement

Regulatory Remediation

Job description

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Credit Reference Agency Specialist, London

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Client:

G MASS

Location:

London, United Kingdom

Job Category:

Finance

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EU work permit required:

Yes

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Job Reference:

11d01d79a2b7

Job Views:

3

Posted:

15.05.2025

Expiry Date:

29.06.2025

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Job Description:

We are seeking a Credit Reference Agency Specialist to support a retail bank in a high-profile remediation and transformation initiative. This is an initial 6 month contract which is likely to be extended. Based in central London on a hybrid working basis. The ideal candidate will bring deep subject matter expertise in Credit Reference Agency (CRA) reporting and industry regulations, and will play a pivotal role in shaping and delivering a compliant, best-practice approach across both Retail and Business banking segments.

Key Responsibilities

• Lead the design and implementation of best-practice CRA reporting processes in line with industry standards.
• Review and enhance current CRA processes to ensure alignment with regulatory frameworks, including the Principles of Reciprocity and Reporting of Arrears, Arrangements, and Defaults.
• Develop and deliver CRA design specifications and business requirements documentation.
• Act as a key SME to advise staff and resolve operational queries related to CRA reporting.
• Support the creation and rollout of a new Target Operating Model (TOM) related to CRA activities.
• Contribute expert insight into CRA file validation protocols, data reconciliation processes, and remediation strategies.
• Ensure all CRA reporting processes for newly onboarded and existing customers are updated and accurate as part of the broader remediation program.

Requirements

• Proven experience in Credit Reference Agency reporting within a UK-regulated bank or financial services firm.
• Strong working knowledge of the Principles of Reciprocity and Credit Industry Best Practice.
• Demonstrated experience in delivering regulatory remediation or operational change programs.
• Exceptional understanding of CRA submission and reconciliation processes.
• Skilled in documenting business requirements and process design.
• Strong communication skills and stakeholder engagement at all levels.
• Familiarity with both Retail and SME/Business banking products is highly desirable.
• Knowledge of credit file structures and data submissions to UK CRAs (e.g., Experian, Equifax, TransUnion).
• Able to operate with independence and influence across functions (Ops, Compliance, Technology).

Rate/Salary to be discussed.

Initial 6 month contract with expectation to be extended.