Credit Risk & Change Management Analyst - Early Career

SMBC Group; Greater London; Hybrid; GBP 36,000 - 54,000; Full time

Benefits offered by this job

Hybrid working

Competitive leave days

Private medical and life insurance

Mental wellbeing support

Learning & development opportunities

Job summary

SMBC Group in the United Kingdom seeks an early-career credit risk analyst to support and improve risk systems, policy controls and reporting across EMEA. You will translate business and regulatory requirements into practical solutions, work on data analysis, testing, and stakeholder support, and contribute to governance and process improvements.

The role offers hybrid working in London and a competitive salary (£36,000–£54,000) with a discretionary incentive and benefits package.

Qualifications

• Degree or equivalent qualification in a relevant discipline.
• Strong attention to detail and an organised approach to data, reporting, documentation and deadlines.
• Good Microsoft Excel skills and confidence learning new systems and data tools.
• Clear communication and a collaborative, professional approach to stakeholder support.
• Curiosity, self-motivated, sound judgement and a willingness to learn credit risk policies, controls and regulatory requirements.
• Basic knowledge of SQL, Power BI, Python, Alteryx or similar tools.
• Academic, internship or project experience in business analysis, data, systems, process improvement, risk or financial services.
• Awareness of testing, change management, management information or service level reporting. Prior credit risk experience is not required.
• Awareness of AI tools and data-driven technologies, with an interest in applying them to business analysis, process improvement and operational efficiency.

Responsibilities

• Support well-controlled changes to EMEA credit risk systems and processes, from requirements and data analysis through testing, implementation and user support.
• Prepare and maintain accurate management information, including KRI, KPI, SLA and trigger reporting, in line with agreed standards and deadlines.
• Support credit control activities by monitoring information, identifying exceptions or issues, maintaining evidence and escalating concerns appropriately.
• Analyse, map and reconcile data to support reporting, system design, testing and issue investigation, including inputs, transformation logic and downstream outputs.
• Maintain clear requirements, test evidence, operating procedures, policy change records, manuals and other governance documentation.
• Respond to stakeholder enquiries and coordinate with Credit, Risk Management, Front Office, IT, Tokyo Head Office, vendors and other teams on policy, process, data and system matters.
• Assist with root cause analysis, incident and remediation tracking, audit or operational review requests, and timely follow-up of actions.
• Support training, user guidance and small-scale process improvements or automation under senior supervision.
• Build knowledge of credit policies and regulatory requirements, including ECB expectations, and support their implementation and ongoing maintenance across systems, controls, reporting and processes.

Skills

Analytical capability

Attention to detail

Excel proficiency

Education

Degree or equivalent qualification in a relevant discipline

Tools

SQL

Power BI

Python

Alteryx

Job description

SMBC Group in the United Kingdom seeks an early-career credit risk analyst to support and improve risk systems, policy controls and reporting across EMEA. You will translate business and regulatory requirements into practical solutions, work on data analysis, testing, and stakeholder support, and contribute to governance and process improvements.

The role offers hybrid working in London and a competitive salary (£36,000–£54,000) with a discretionary incentive and benefits package.