Credit Risk Manager

TN United Kingdom; Manchester; On-site; GBP 40,000 - 55,000; Full time

Job summary

A leading company in the UK seeks a Credit Risk Analyst to oversee first line credit risk management, analyze portfolio risks, and support the Senior Credit Risk Manager. The ideal candidate will have a numerical degree and strong analytical skills, with relevant experience in credit risk environments. You will contribute to the development of credit strategies and maintain governance records while collaborating with key stakeholders.

Qualifications

• Experience in a credit risk environment.
• Solid grounding in data analysis using quantitative tools.

Responsibilities

• Oversight of first line credit risk management activity.
• Perform analysis to support changes to credit risk strategies.

Skills

Analytical Skills

Attention to Detail

Understanding of Credit Risk Management

Education

Numerical Degree

Tools

SQL

Python

Power BI

Excel

Job description

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• Oversight of first line credit risk management activity
• Analysis of portfolio credit risks, providing timely and accurate updates to risk committees.
• Pro-active identification of trends and insights based on regular credit risk reporting, supporting the Senior Credit Risk Manager with the actions required to address areas of concern/opportunity, working with the first line credit risk team
• Support the Senior Credit Risk Manager with the input and running of 2nd line oversight committees and regular routines
• Perform analysis to support changes to credit risk strategies, lending and arrears management policies
• Support development and monitoring of new products and strategies
• Analyse portfolio risks and concentrations and build portfolio and arrears forecasting; escalating material risks to committees as required.
• Support the Senior Manager Credit Risk in the development of cost of risk and use of credit scoring strategies
• In liaison with key stakeholders, identify key pockets of credit risk and ensure that these are being appropriately managed.
• Support the development of affordability, valuation and credit strategies
• Maintain comprehensive governance, procedures and records
• Build and maintain a strong stakeholder network to share credit risk expertise and insight across the organisation

Key Requirements:

• Numerical degree, strong analytical skills and excellent attention to detail
• Experience in a credit risk environment
• A solid grounding in data analysis using quantitative analytic tools.
• Relevant coding experience, e.g. SQL, Python, Power BI
• Strong understanding of the fundamental concepts of credit risk management
• Advanced Excel skills
• Good understanding of risk management of secured lending portfolios.

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.