Credit Risk Analyst (Modelling)

Paragon Banking Group; Metropolitan Borough of Solihull; Hybrid; GBP 40,000 - 70,000; Full time

Benefits offered by this job

Holiday allowance

Share save

Profit sharing

Pension plan

Family friendly policies

Employee discounts

Volunteering day

Life assurance

Personal accident cover

Job summary

Paragon Bank is hiring a Credit Risk Modeller in Solihull to support development, validation and monitoring of risk models. You will analyse data, maintain model databases and ensure governance standards are met, with emphasis on data integrity and actionable insights.

The role requires mathematics/statistics expertise, SQL/R/SPSS/SAS proficiency, and strong communication to present findings and reports. Hybrid work applies with office presence in Homer Road.

Qualifications

• Degree level qualification in Mathematics, Statistics or equivalent.
• Understanding of database manipulation techniques and software, preferably experience using R, SPSS, SAS or SQL.
• Curiosity and passion for data and problem solving.
• Strong interpersonal skills, presentation and report writing skills.
• Preferable to have understanding of credit risk management and / or credit scoring.

Responsibilities

• Providing support for the development, validation, implementation and monitoring of Credit Risk Models, in line with regulations and Model Governance standards.
• Performing detailed and well documented analyses to support the development of the models.
• Specifying, implementing and maintaining databases in support of the model development and monitoring.
• Creating and producing the regular monitoring of the stability, integrity and effectiveness of the models, highlighting adverse changes and proposing remedial action plans.
• Devising logical, efficient and well documented programs.

Skills

Mathematics

Statistics

SQL

R

SPSS

SAS

Problem solving

Presentation skills

Report writing

Credit risk knowledge

Education

Degree in Mathematics

Statistics or equivalent

Tools

R

SPSS

SAS

SQL

Job description

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 IT Technology Delivery Manager 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 …

What you'll be doing

The Credit Risk Modeller is responsible for:

• Providing support for the development, validation, implementation and monitoring of Credit Risk Models, in line with regulations and Model Governance standards.
• Performing detailed and well documented analyses to support the development of the models. Validating modelling and analytical results, ensuring accuracy and sensitivity of findings
• Specifying, implementing and maintaining databases in support of the model development and monitoring. Monitoring and investigating data integrity issues for all the data elements used within the modelling and live production of the model outputs
• Creating and producing the regular monitoring of the stability, integrity and effectiveness of the models, highlighting adverse changes and proposing remedial action plans
• Devising logical, efficient and well documented programs.

About You

What you'll bring to the team

• Degree level qualification in Mathematics, Statistics or equivalent
• Understanding of database manipulation techniques and software, preferably experience using R, SPSS, SAS or SQL.
• Curiosity and passion for data and problem solving
• Strong interpersonal skills, presentation and report writing skills
• Preferable to have understanding of credit risk management and / or credit scoring

At Paragon, we value diversity and we're excited to hear from passionate individuals like you!

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

Working hours

37.5 hours Monday - Friday 08:30 - 17:00 with 1 hour for lunch. Hybrid pattern for the team is minimum 2 days in Homer Road office with additional office days as required based on business needs. Currently the office days are Tuesday and Thursday.

Flexible working requests / part time and job shares will be considered.

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. We are also open to discussing flexible working, job shares and part time options.

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.