Credit Risk Modelling Analyst

RPS Group Plc; Sittingbourne; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading financial services firm in the UK is seeking a Senior Credit Risk Analyst. The ideal candidate will develop and monitor credit risk and impairment models while coaching and mentoring junior analysts. Responsibilities include analyzing model performance, communicating findings to stakeholders, and ensuring compliance with regulatory standards. This position offers the chance to impact business outcomes and improve model effectiveness significantly.

Qualifications

• Extensive experience in credit risk or impairment model development and monitoring.
• Advanced knowledge of SQL and Python/SAS to analyze data.
• Experience in the retail or financial services sector.

Responsibilities

• Develop and monitor Credit Risk and Impairment models.
• Analyze trends and make recommendations to maximize model performance.
• Provide insightful commentary based on model evaluations.

Skills

Credit risk model development

SQL programming

Python/SAS coding

Data analysis

Stakeholder engagement

Coaching and mentoring

Regulatory knowledge (FCA, TCF)

Problem-solving

Communication skills

Attention to detail

Job description

An exciting and rewarding opportunity for an experienced Senior Credit Risk Analyst to develop and monitor Credit Risk and Impairment models, coaching and mentoring Analysts, identifying and maximising opportunities to improve model performance, contributing to the delivery of business goals and objectives.

Responsibilities

• Work collaboratively to develop and monitor the Credit Risk and Impairment models
• Analyse model movements, segmenting to understand trends, and make recommendations to maximise performance
• Play a key role in providing MI and insightful commentary based on model evaluation and impact assessments to drive continuous improvement
• Communicate analysis/findings and monthly monitoring effectively to manager, team and senior stakeholders
• Display strong attention to detail
• Provide effective coaching and mentoring of Analysts, building capabilities to support objectives and ensure all areas of governance, risk and compliance standards are adhered to
• Challenge current approaches, always seeking to improve
• Adhere to all governance, risk and compliance standards, ensuring models deliver the best outcomes for customers and the business
• Identify, build and maintain key internal and external stakeholder relationships to deliver the agreed commercial performance

Qualifications

• Experience of working within the retail, financial services sector
• Extensive experience of credit risk or impairment model development and/or monitoring
• Advanced knowledge in writing and reviewing SQL and Python/SAS code to analyse data
• Extensive experience of working and delivering in a regulated environment
• Excellent working knowledge of financial standards and guidelines e.g. FCA, TCF, Data Protection
• Experience coaching and developing the performance of others
• Delivery and customer focussed
• Ability to plan and prioritise effectively to meet changing priorities and demands
• Excellent communication and engagement skills
• Proven track record in effective facilitation and communication at multiple levels
• Commercially astute
• Ability to engage and influence stakeholders at an appropriate level
• Analytical, pragmatic and systematic approach to problem solving
• Ability to manage conflict and know when to escalat`e
• IT literate