Credit Risk Specialist - 12 Month FTC | Edinburgh, UK

Tesco Bank; City of Edinburgh; Hybrid; GBP 59,000 - 70,000; Full time

Job summary

A leading banking institution is seeking a Credit Risk Specialist for a 12-month fixed term contract in Edinburgh. This role involves developing credit strategies and monitoring performance metrics while collaborating with various stakeholders. The ideal candidate should have a strong background in credit risk and data analysis, with proficiency in SAS/SQL. This position offers competitive pay and a hybrid working model.

Benefits

Colleague pension scheme

Private Medical Insurance

Performance related annual bonus

Generous holiday allowance

Colleague Clubcard benefits

Enhanced maternity leave pay

Ongoing learning and training opportunities

Qualifications

• Strong technical knowledge of Credit Risk and Portfolio Management.
• Previous experience within a Credit Risk function or similar analytical role.
• Proficient in data extraction and manipulation using SAS/SQL and MS Excel.
• Excellent numeracy skills and ability to understand and solve problems.

Responsibilities

• Develop and execute credit and affordability strategies for existing customers.
• Monitor monthly MI to evaluate performance of credit strategies.
• Identify and evaluate new data sources for better lending decisions.
• Collaborate with stakeholders within Credit Risk and finance.

Skills

Strong technical knowledge of Credit Risk and Portfolio Management

Previous experience within a Credit Risk function or similar analytical role

Proficient in data extraction and manipulation using SAS/SQL and MS Excel

Excellent numeracy skills and ability to understand and solve problems

Job description

Serving our customers, communities, and planet a little better every day.

Salary - is up to £70,000 dependent on experience + annual bonus & benefits

Location - Edinburgh, 12 months fixed term contract

Office Attendance - Our roles are hybrid; however, you should be able to travel to our Edinburgh office 2 days per week for this position.

Closing Date - Applications close on 8th August at 5pm

A chance to thrive

We're looking for a Credit Risk Specialist to work in our existing customer credit strategy team at Tesco Bank, part of Barclays Bank UK Plc, for a 12-month fixed term contract role.

You'll operate within a high-performing team in the first line of defence, to set and optimise the strategy for managing the credit risk of existing credit card customers, that supports sustainable growth and is within Risk Appetite limits.

What you'll be doing

• Developing and executing the credit and affordability strategies and rules for managing the credit exposure to existing customers, operating within credit risk appetite constraints and delivering good customer outcomes.
• Identifying and evaluating new trade opportunities for lending to existing customers.
• Monitoring monthly MI to evaluate the performance of back book credit strategies and affordability against expectations. Ensure lending remains within Risk Appetite and driving correct action on segments that are outside of expectations.
• Identifying and evaluating new data sources, technologies and tools that can be used to make better lending decisions for existing customers and/or drive operational efficiencies. Creating the business case to drive the adoption and implementation of these.
• Collaborating positively with a wide range of stakeholders within Credit Risk, Second Line Risk, Credit Risk Modelling, Commercial and Finance.

We need you to have

• Strong technical knowledge of Credit Risk and Portfolio Management.
• Previous experience within a Credit Risk function or similar analytical role.
• Proficient in data extraction and manipulation using SAS/SQL and MS Excel.
• Excellent numeracy skills and ability to understand and solve problems.

And if you have any of these, even better

• Ability to communicate results of analysis effectively using a range of tools.
• Good understanding of credit bureau data and characteristics.
• Experience in mentoring and supporting junior colleagues.

We don't expect you to tick every box, and if you feel you hit most of the brief, it's worth exploring to further develop your career here with us.

What's in it for you

• Prepare for your retirement with our colleague pension scheme.
• Private Medical Insurance (WL2+) and virtual GP Service 365 days a year.
• Performance related annual bonus.
• Indulge in a generous holiday allowance with a minimum of 7.2 weeks, with the opportunity to buy more.
• Embrace the benefits of our Colleague Clubcard, enjoy a 10% discount that increase to 15% every payday (worth up to 2K). As an added perk, we'll give you a second card to share with someone else.
• Benefit from our family-oriented initiatives, encompassing enhanced maternity leave pay, a shared parental leave policy, and a generous paid paternity leave.
• A place to get on - take advantage of our ongoing learning opportunities and training, to help you achieve the job and career you want.

Join us at this exciting time and bring your talent, expertise, and skills to join our existing colleagues and make a difference to our customers, community, and planet.

Everyone's welcome

We want all our colleagues to always feel welcome and be themselves at Tesco Bank, part of Barclays Bank UK Plc. We're committed to building a more inclusive workplace and celebrating everything that makes colleagues unique, and value the richness and diversity this brings to our business. A more diverse business helps us deliver on our purpose to serve our customers, communities, and planet a little better every day.

#LI-LC2

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.

Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you're interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!

Why Tesco Bank?

Whether we're helping our customers or looking after our people, you'll find there's a warmth and friendliness to everything we do.

It means we put your wellbeing first and give you bags of support, training and development, so you can build the career that's right for you. It's about looking after each other with the same care that we give to our customers.

We've created an environment where everyone feels included, accepted and welcome. Which means you can bring your whole self to work every day and totally thrive at the same time.

Lovely.

Say hello to life in Tesco Bank.

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