Credit Risk Analyst- Scorecards

MERJE; Slough; Hybrid; GBP 42,000 - 50,000; Full time

Job summary

A financial services firm in the UK is seeking a Credit Risk Analyst with strong scorecard development and motor finance experience. This role involves supporting the Retail portfolio's health monitoring, building risk dashboards, and ensuring compliance with regulations. The ideal candidate has a degree and over 3 years in credit risk, with excellent communication and analytical skills. Benefits include flexible hybrid working arrangements and competitive salary.

Benefits

Car scheme options

Flexible hybrid working

Qualifications

• Previous scorecard writing experience.
• Extract, engineer and analyze data to develop scorecard models.
• Familiarity with UK / FCA regulations in credit-risk management.

Responsibilities

• Provide daily operational support in managing the Retail portfolio.
• Monitor portfolio health and track key risk indicators.
• Build and maintain risk dashboards for management information.

Skills

Motor finance experience

Scorecard development

Advanced analytical skills

Excellent communication skills

Attention to detail

Education

Degree in relevant field

3+ years' credit-risk experience

Tools

Excel

SAS

Access

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 Underwriting SLA, maximise Accept Rates whilst maintaining Cost of Risk
• Responsibility for Monthly Management Reporting for Europe HQ
• Regular reviews with external suppliers such as Experian to assess performance of the underwriting scorecards
• End to end model ownership : from data extraction and feature engineering to validation and deployment
• Conduct model monitoring and performance analysis : regularly assess back testing results and recalibrate when needed
• Deliver predictability and control of bad debt performance to a planned level of loss
• 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
• Analyse performance of underwriters and collections agent with follow up coaching when required
• Create on the job training plans to help assist the credit and collections team reach full potential
• Assist with the drafting and development of internal Credit and Collections procedures

The ideal candidate will have

• Previous scorecard writing experience
• Degree and 3+ years' credit‑risk experience, ideally in automotive or consumer finance.
• Extract, engineer and analyse data to develop and validate scorecard models and pinpoint areas of strength or weakness
• Responsibility that all models adhere to internal standards and regulatory expectations through documentation and monitoring
• Excellent oral and written communication skills are essential together with proven complex analytical and decision‑making skills
• Strong analytical and documentation skills, in particular data analysis as well as attention to detail
• Ability to communicate and negotiate change
• Willingness to work towards achieving goals in a changing and challenging environment
• Driven to take the initiative to improve systems, processes and the delivery of management information
• Improve systems, processes, and business practices
• A strong understanding of business strategy and how to align scorecard metrics with organizational objectives
• The ability to explain complex data and model outputs clearly to both technical and non‑technical stakeholders
• Solid understanding of lending products and credit risk lifecycle
• Advanced analytical skills and capability to operate with reporting tools (Excel, SAS, Access...)
• Familiarity with UK / FCA regulations and best practices in credit‑risk management.

Send your CV to [e-mail]

Other Information

• No sponsorship provided

Applicants must be located and eligible to work in the UK without sponsorship. Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website. If you would like this job advertisement in an alternative format, please contact MERJE directly.