Credit Risk Analyst- Scorecards

MERJE Ltd; Slough; Hybrid; GBP 50,000; Full time

Job summary

A financial services company based in Slough is seeking a Credit Risk Analyst. This pivotal role involves supporting retail portfolio management, developing scorecards, and improving credit policies. Candidates should have strong motor finance and scorecard development experience. This position offers a competitive salary of £50K with a flexible hybrid working model.

Qualifications

• Motor finance experience strongly preferred.
• Scorecard development experience is essential.

Responsibilities

• Provide daily operational support in the management of the Retail portfolio.
• Track delinquency, arrears, write-offs and overall cost of risk.
• Build and maintain dashboards and management information on key risk indicators.
• Propose and implement changes to credit policy and underwriting rules.
• Contribute to risk budgets and forecasts.
• Prepare FCA affordability reports and monthly management packs.
• Work with Underwriting, Collections, Finance, and other stakeholders.
• Present in the bi-monthly Credit Committee to Senior Management.

Skills

Motor finance experience

Scorecard development

Job description

Credit Risk Analyst- Scorecards

£50K + car scheme options

Very flexible hybrid working

• Motor finance experience strongly preferred
• Scorecard development experience is essential

Main Responsibilities

• To provide daily operational support in the management of the Retail portfolio
• Portfolio Health Monitoring - Track delinquency, arrears, write-offs and overall cost of risk; flag deteriorating segments promptly
• Risk Dashboards - Build and maintain dashboards and management information on key risk indicators, affordability and underwriting performance
• Policy & Process Optimization - Propose and implement changes to credit policy, underwriting rules and the decision engine to balance approval rates with expected loss
• Risk Budgeting & Provisioning - Contribute to risk budgets, forecasts and the calculation / validation of specific and general provisions
• Regulatory & Investor Reporting - Prepare FCA affordability reports, monthly management packs and historical securitization data for investors
• Cross-Functional Collaboration - Work with Underwriting, Collections, Finance and other stakeholders to drive remedial actions on high-risk accounts and improve end-to-end credit quality
• Present in the bi‑monthly Credit Committee to Senior Management Team on any related Credit topics
• Recommending changes to Credit Policy to hit Und...