Credit Risk Analyst

Lloyds Bank plc; Wellington; Hybrid; GBP 29,000 - 32,000; Full time

Job summary

A leading financial institution seeks a Credit Risk Analyst to analyze credit risks and deliver insights through analytics. The role involves working with teams and using tools like SAS and Excel. Candidates should have a numerate degree, strong analytical skills, and practical experience with analytical software. This hybrid role further includes a comprehensive benefits package and opportunities for career growth.

Benefits

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

Adaptable benefits for lifestyle

24 days' holiday plus bank holidays

Wellbeing initiatives and generous parental leave policies

Qualifications

• Strong numerate skills and qualifications - a degree (or equivalent) in a numerate subject with knowledge of analytical techniques.
• Practical experience using Microsoft Office - confident in using Excel and PowerPoint.
• Accuracy and attention to detail - ability to work swiftly and efficiently.

Responsibilities

• Deliver insight through analytics to manage risks associated with mortgage lending.
• Use analytical approaches to provide technical insight on the Mortgage Credit Risk strategies.
• Form relationships with the wider Risk team and 1st line business areas.

Skills

Numerate skills

Analytical techniques knowledge

Effective communication

Enthusiasm for problem solving

Organisation & Time Management

Education

Degree in a numerate subject

Tools

Microsoft Excel

PowerBI

SAS

SQL

Job description

End Date Tuesday 20 January 2026

Salary Range £29,460 - £31,010

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

Flexible Working Options Flexibility in when hours are worked, Hybrid Working, Job Share, Reduced Hours

Job Description Summary

This is a full time role based in Leeds, Chester, Birmingham or Edinburgh

Job Description

• JOB TITLE: Credit Risk Analyst
• SALARY: £29,460
• LOCATION(S): Leeds, Chester, Birmingham or Edinburgh
• HOURS: Full-time - 35 hours a week.
• WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

About this Opportunity

LBG are the UK's biggest mortgage provider in the market, lending in excess of £300 billion to help our customers buy homes. Homes Credit Risk are responsible for the lending strategy, risk appetite, portfolio insight and performance monitoring of the Retail mortgage portfolio, covering Residential and Buy to Let loans across all brands.

Core Purpose of the Role

Our team purpose is to deliver responsible and sustainable lending to help customers buy a home. We do this by taking ownership to act, while supporting each other and valuing difference. This is key in Helping Britain Prosper.

You will be part of a collaborative team delivering insight through analytics to help manage the risks associated with our mortgage lending. We're continually using our knowledge and analytics to improve credit decisions and maximise the efficiency of the credit decisioning systems. We oversee key aspects of the portfolio to ensure we're acting in the best interests of our customers, and we support the business to deliver safe and sustainable growth.

As a credit risk analyst on the team, you will use a variety of analytical approaches to provide technical insight on the Mortgage Credit Risk strategies. You will deliver analysis to support the team goals, using SAS or Excel daily to interrogate complex data and translate outputs into meaningful conclusions. You will form relationships with the wider Risk team and 1st line business areas, supporting management to respond to specific requests from stakeholders.

It's an exciting time to be joining the homes team as we're heavily investing in our data and infrastructure to enhance our credit decisioning capabilities, enabling us to support more customers realise their property ambitions.

Why Lloyds Banking Group

We're on an exciting journey and there couldn't be a better time to join us. The investments we're making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

What you'll need

• Strong numerate skills and qualifications - a degree (or equivalent) in a numerate subject with knowledge of analytical techniques.
• Practical experience using Microsoft Office - confident in using Excel and PowerPoint to manipulate and present data.
• Accuracy and attention to detail - you'll need to work swiftly and efficiently to review data and perform testing of system changes.
• Effective Communicator - ability to explain complicated issues clearly to different audiences; both verbally and non-verbally.
• Enthusiasm for problem solving - When the answer isn't in the data, sometimes you need to look elsewhere, and this takes a curious, creative attitude and logical thinking to explore the problem and find a solution.
• Organisation & Time Management - proven ability to work well within a team environment without the need for close supervision and showing good time management and planning/organisation skills.

And any experience of these would be really useful

• Knowledge and experience of Credit Risk and Change Management
• Practical experience of using analytical software and coding, such as SAS or SQL and PowerBI.

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 want our people to feel that they belong and can be their best, regardless of background, identity or culture.

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.

And it's why we especially welcome applications from under-represented groups.

We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, just let us know.

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
• 24 days' holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Ready for a career where you can have a positive impact as you learn, grow and thrive?

Apply today and find out more.

(Please note our roles can generate a considerable amount of interest and can close early so don't miss out on this opportunity to apply today.)

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.