Junior Credit Risk Analyst

Atom bank; Newcastle upon Tyne; Hybrid; GBP 30,000 - 36,000; Full time

Benefits offered by this job

Hybrid work

4-day week

Discretionary bonus

Pension

Private Medical Insurance

Life Insurance

All about me fund

Job summary

Atom bank, based in Newcastle, is seeking a Junior Credit Risk Analyst to support the review, oversight and strategic development of credit performance across lending products. You will translate complex data into clear insights that inform lending strategies, automated decisions and portfolio quality.

You will independently own and run Credit Risk MI processes end-to-end for governance committees, spotting trends and advising senior stakeholders.

Qualifications

• Exceptional data manipulation, interpretation and problem-solving with strong attention to detail.
• Strong MS Excel skills for organising data, analysis of trends and clear reporting.
• Ability to translate complex quantitative data into plain English and actionable recommendations.
• Familiarity with R, SAS or Python is a plus but not required.

Responsibilities

• MI & Governance Reporting: Own the production and analysis of credit risk MI.
• Portfolio & Trend Analysis: Perform credit reporting and investigative analysis on new business flows.
• Strategy Optimisation: Support development and refinement of credit risk strategies and tests.
• Cross-Functional Collaboration: Partner with Commercial, Finance and Underwriting teams and external partners.
• Data & Model Governance: Ensure credit data and models are well documented and tested.

Skills

Excel

Data analysis

Problem solving

Quantitative analysis

Plain English communication

Tools

R

SAS

Python

Job description

We’re Atom bank

The bank that’s on a mission to make finance faster, simpler and way more human.

We’ve ditched the stuffy banking model to build something that actually works for our customers, whenever and wherever they need us.To make this happen, we’re looking for like-minded people who can help us reach our goals and think differently.

If you’re ready to build the future of banking, we’d love to meet you.

We really value in-person collaboration and this role requires regular attendance at our Newcastle HQ.

What will your ‘typical’ day look like? Different that’s for sure…:

In our Credit Risk team, data isn’t just reported - it directly shapes how we manage retail credit risk across the entire customer journey, drives our P&L, and keeps the bank safe while supporting growth.

As a Junior Credit Risk Analyst, you will support the review, oversight, and strategic development of credit performance across all our lending products. You won’t just be crunching numbers in a silo; you’ll translate complex data into clear insights that directly inform lending strategies, automated credit decisions, and portfolio quality.

Eventually you will independently own and run our Credit Risk Management Information (MI) processes end-to-end for key governance committees. You won’t just compile the packs, you’ll spot emerging data trends, raise proactive alerts, and recommend concrete strategy adjustments to senior stakeholders.

What you’ll be doing:

• MI & Governance Reporting: Own the production and analysis of credit risk MI to ensure effective ongoing monitoring of all credit risk strategies.
• Portfolio & Trend Analysis: Perform comprehensive credit reporting and investigative analysis on new business flows, portfolio management, and credit quality.
• Strategy Optimisation: Support the development and refinement of credit risk and affordability strategies, helping implement champion:challenger tests to safely drive business growth.
• Cross-Functional Collaboration: Partner closely with internal Commercial, Finance, and Operations/Underwriting teams, as well as external partners, to identify data sources and refine strategies.
• Data & Model Governance: Ensure all credit data, decision frameworks, and credit models are thoroughly and accurately documented and tested.

What do we need from you?

• Exceptional data manipulation, interpretation, and problem-solving skills with a strong attention to detail.
• Strong hands-on MS Excel skills for organising data, analysing trends, and building clear reports.
• Ability to translate complex quantitative data into plain English and deliver actionable business recommendations.
• Highly motivated and curious; you prefer digging into data to investigate solutions independently before escalating questions.
• We welcome candidates with strong data analysis experience from any sector! (Prior experience in retail credit risk, commercial credit, or mortgage underwriting is a great bonus, but not essential).
• Prior experience with (or an eagerness to learn) R, SAS, or Python is a plus, but not required as long as your core data skills in Excel are solid.

What you’ll get from us?

• Salary up to £36k
• Hybrid working in Newcastle
• 4-day work week
• Discretionary cash bonus
• Incredibly generous company pension scheme (maximum of 13% of Atom input – candidate can put in more) 22.5 days annual leave plus public holiday
• Private Medical Insurance, Health Cash Plan, Life Insurance & Critical illness cover
• £200 “All about me” fund
• EV Scheme

PLEASE NOTE: You must have the legal right to work in the UK to apply for this role as Atom is unable to support Visa Applications/Sponsorship

Atom is an equal opportunities employer. We value you as an individual and therefore disregard race, religion/belief, gender, sexual orientation, maternity/pregnancy, age, gender reassignment, marriage/civil partnership and disability in any hiring decisions we make. Atom will always adhere to the Equality Act 2010.

All roles within Atom must adhere to the Conduct Rules as set out by the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA)

As part of Atom bank’s commitment to the FCA’s Consumer Duty, Atom will, take all reasonable steps to avoid causing foreseeable harm to customers, take all reasonable steps to enable customers to pursue their financial objectives and act in good faith.