Credit Risk Analyst

Paragon Banking Group PLC; Metropolitan Borough of Solihull; Hybrid; GBP 40,000 - 60,000; Full time

Benefits offered by this job

Generous Holiday

Share Save Scheme

Profit Related Pay

Pension Plan

Family Friendly policies

Employee Discounts

Volunteering Day

Life Assurance

Personal Accident Cover

Job summary

Paragon Banking Group PLC is seeking an experienced Credit Risk Analyst to support development, analysis, implementation and monitoring of credit risk strategies, models and processes. You will provide analytical insight to support risk management and sustainable lending performance across the portfolio.

The role involves collaborating with stakeholders, delivering high-quality MI, and ensuring compliance with risk governance.

Qualifications

• Degree in mathematics, statistics or related field.
• Strong foundation in statistical analysis and monitoring techniques.
• Basic programming knowledge; training provided.

Responsibilities

• Assist in development and monitoring of credit risk strategies, policies and models.
• Analyse portfolio performance and risk metrics for decision making.
• Produce management information and reporting for senior stakeholders.
• Identify data quality issues and support data governance.

Skills

Degree in maths/stats

Programming basics

Statistics knowledge

Excel

SPSS/SAS/SQL

Communication skills

Independent working

Education

Degree in mathematics or statistics

Tools

SPSS

SAS

SQL

Excel

Job description

Let’s grow together!A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK and, working together, we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced Credit Risk Analyst looking for an opportunity to grow in a friendly environment, we’re looking for you!

About The Role

Let’s grow together!A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK and, working together, we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced Credit Risk Analyst looking for an opportunity to grow in a friendly environment, we’re looking for you!

We’re flexible, inclusive, committed to your wellbeing and passionate about you reaching your potential. Let’s grow together …

Purpose of the role

Working alongside the Credit Risk Manager to support the development, analysis, implementation and monitoring of credit risk strategies, policies, models and processes. Provide analytical insight that supports effective risk management, informed decision-making and the sustainable performance of the Bank's lending portfolios.

What You’ll Be Doing

• Support the development, implementation and ongoing enhancement of credit risk strategies, policies, models and decision-making processes across the customer lifecycle.
• Monitor portfolio performance, risk appetite metrics, scorecard effectiveness and strategy outcomes, identifying opportunities to improve credit performance whilst remaining within the Bank's approved risk framework.
• Produce and maintain high-quality management information and reporting for senior management, Committees and Board-level stakeholders.
• Conduct robust and well-documented analysis to support business decisions, identify emerging risks and drive continuous improvement in portfolio performance.
• Develop, maintain and enhance data sources, databases and reporting solutions to support credit risk analytics and monitoring.
• Identify, investigate and resolve data quality and integrity issues, ensuring the accuracy and reliability of analysis and reporting.
• Work collaboratively with stakeholders across the Bank to deliver analytical insights, support strategic initiatives and ensure compliance with risk governance requirements.

About You

What you’ll bring to the team

• Educated to degree level (mathematics, statistics or related subject), 2.1 or above.
• Basic knowledge in programming and the ability to apply logical solutions to complicated scenarios; training in programming language will be provided
• Good comprehension of general statistical analysis and monitoring (Logistic and Linear Regression, Gini, information value, K statistic, R squared, population stability, etc.)
• Strong Microsoft Excel skills including a knowledge of pivot tables, macros, etc. and presenting complex data in an understandable, graphical form
• Previous credit risk management experience and experience of using statistical/data mining software (SPSS, SAS or SQL) desirable but not essential as full training will be provided
• Excellent verbal and written communication skills
• Ability to work independently and, at the same time, support the wider project team as needed

At Paragon, value diversity and we’re excited to hear from passionate individuals like you! If you’re ready to contribute to the team, .

Further information on the role can be found in the Purpose and Performance Profile (PPP), which is downloadable on this page.

Please note, applicants must have the right to work in the UK. We do not offer visa sponsorship.

Working hours

37.5 hours per week, Monday - Friday 08:30 - 17:00 (1 hour lunch). Hybrid working with 2 days in the office per week.

Inclusion

As a Disability Confident Employer, we want to ensure that our vacancies are accessible for everyone. If you have a disability, long term health condition or are neurodiverse and need us to adjust our recruitment process please get in touch with our recruitment team.

About Us

What can we offer you?

• Generous Holiday Allowance: Starting from 25 days and climbing to 30, you also get to enjoy a day off for your birthday, Christmas Eve, and New Year’s Eve. You can also buy or sell up to a week’s leave
• Share Save Scheme: Annually, you have the opportunity to buy shares in Paragon at a discounted rate
• Profit Related Pay: We share some of our annual profit with our eligible employees
• Pension Plan: We contribute up to 10% of your annual salary towards your pension
• Family Friendly policies : We offer enhanced parental pay and paid time off for fertility treatment
• Employee Discounts: Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more
• Volunteering Day: Contribute to causes you care about with one volunteering day per year
• Life Assurance and Personal Accident Cover

Be flexible

We promote flexibility around how and where we work so that you can achieve a healthier work-life balance. We operate hybrid working, splitting our week between the office and home.

Be yourself

As an equal opportunities employer, we welcome diversity and care about inclusion. That’s why we want you to be your whole self at work. We believe an inclusive workplace is good for each of us, great for our customers and better for our business. Our Equality, Diversity and Inclusion Network meets regularly to share challenges, experience, and ideas to build a more equal, diverse, and inclusive business.

Be heard

We listen to your point of view, with our People Forum and regular employee surveys making sure you can use your voice and influence our future.

Be well

We will give you access to a range of tools and resources to support your wellbeing. This will include a digital GP service via our free Employee Assistance Programme, access to our Wellbeing team to connect you with the help you need to get more out of life and our Vitality at Work programme to provide you with discounted gym membership, fitness equipment and another multitude of wellbeing services.

Be better

We want you to reach your potential and, as a Platinum Investors in People employer, we’ll encourage you to learn and develop by building a personalised development plan together with your manager.