Credit Risk Assurance Specialist

Chetwood Bank; Ellesmere Port; Hybrid; GBP 80,000 - 100,000; Full time

Job summary

A leading financial institution is seeking a Credit Risk Analyst to manage second line quality assurance reviews across its mortgage portfolio. The ideal candidate will have at least 5 years' experience in mortgage underwriting and a strong understanding of secured lending. Responsibilities include conducting QA reviews, collaborating with stakeholders, and contributing to policy development. This position offers competitive salary and benefits including 25 days holiday, hybrid working opportunities, and comprehensive health insurance.

Benefits

Competitive salary

25 days holiday plus birthday off

Pension contribution

Life Assurance

Private medical, dental, and optical health insurance

Free breakfast

Qualifications

• Minimum 5 years' experience in mortgage underwriting with a lending mandate.
• Strong understanding of secured lending across various asset classes.
• Experience in quality assurance processes, including oversight of third-party providers.

Responsibilities

• Conduct second line QA reviews of mortgage underwriting decisions.
• Provide SME input on lending criteria and product development.
• Collaborate with stakeholders to ensure QA findings are implemented.
• Support MI production and development processes.
• Contribute to credit risk oversight and governance improvement.

Skills

Mortgage underwriting experience

Understanding of secured lending

Quality assurance processes

Analytical skills

Communication skills

Stakeholder management

Team collaboration

Job description

As a Credit Risk Analyst you will lead and manage second line quality assurance (QA) reviews across the Bank's mortgage portfolio, including organic lending brands and forward flow partners. The role will span multiple asset classes such as Buy to Let (BTL), Bridging, and Residential lending. You will also provide subject matter expertise (SME) on lending criteria, policy development, and support new strategic initiatives.

Key role responsibilities

• Conduct second line QA reviews of mortgage underwriting decisions across all secured lending channels.
• Provide SME input on lending criteria, policy changes, and new product development (e.g., Bridging and Residential).
• Collaborate with internal stakeholders to ensure QA findings are actioned and embedded into operational practices.
• Support MI production and development of MI processes, working closely with team members to reduce single-person dependencies.
• Contribute to the continuous improvement of credit risk oversight and governance frameworks.

Minimum qualifications

• Minimum 5 years' experience in mortgage underwriting with a lending mandate.
• Strong understanding of secured lending across BTL, Bridging, and Residential asset classes.
• Experience in quality assurance processes, ideally including oversight of third-party providers (e.g., valuation panel managers).
• Analytical mindset with proven ability to interpret data and produce meaningful insights.
• Excellent communication and stakeholder management skills.
• Ability to work independently and collaboratively within a small, agile team.

Benefits

• Competitive salary
• 25 days holiday PLUS your BIRTHDAY off
• Pension contribution with Royal London
• Life Assurance
• Private medical, dental and optical health insurance with Axa
• Hybrid working - Wrexham
• Free breakfast available