Lead Analyst, Credit Risk Portfolio Analytics and Forecasting

Net-Worx (2001) Ltd; Bradford; Hybrid; GBP 45,000 - 75,000; Full time

Job summary

An established industry player in the financial sector is seeking a Lead Analyst for Credit Risk Portfolio Analytics and Forecasting. This pivotal role involves leveraging advanced data analytics techniques to provide actionable insights that drive strategic decisions and enhance portfolio performance. You will be responsible for developing and optimizing forecasting models, collaborating with cross-functional teams, and presenting findings to senior management. The company offers a hybrid working model, competitive benefits, and a supportive environment for professional growth, making it an exciting opportunity for those passionate about data-driven decision-making.

Benefits

25 days holiday (up to 30 days)

Pension contribution up to 10%

Enhanced maternity and paternity leave

Workations (20 days a year)

2 paid volunteering days

LinkedIn Learning access

Private Medical Insurance

Discretionary annual bonus

Qualifications

• 3+ years’ experience in Credit Risk portfolio analysis.
• Strong background using advanced analytics tools like SAS, R, and Python.
• Ability to communicate complex data insights to stakeholders.

Responsibilities

• Create and deliver meaningful analysis for business strategy.
• Monitor portfolio performance and adjust forecasts as necessary.
• Lead the design and implementation of forecasting models.

Skills

Credit Risk Analysis

Data Analytics

SAS

R

Python

IFRS9 Impairments

Education

Bachelor's Degree in Finance or related field

Tools

Advanced Analytics Tools

Job description

Lead Analyst, Credit Risk Portfolio Analysis and Forecasting

Location

The Vacancy

Lead Analyst, Credit Risk Portfolio Analytics and Forecasting

Location: London, Petersfield or Bradford. Occasional travel to other offices may be required.

Working Pattern: Hybrid—typically a couple of days a week in the office. Flexible arrangements are considered to support work-life balance. A fear of losing your current working flexibility shouldn't hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible.

What We Offer:

• Holidays: 25 days holiday up to 30 days (depending on service)
• Pension: We know it is important to save for the future, that is why we will contribute up to 10%
• Maternity/Paternity: We realise that family time is important, we offer enhanced maternity (after successful completion of probation) and 4 weeks paternity leave
• Workations: opportunity to work abroad 20 days a year (approved list of countries) enabling you to visit family and friends or extend your trip
• Volunteering: 2 paid days to ‘give back’ to the charity of your choice
• Development: LinkedIn Learning for all
• Finance: Snoop Premium available to all colleagues
• Opportunities to connect: via quarterly socials, in-person and virtual company updates
• Medical: Opportunity to opt in for Private Medical Insurance
• Bonus: Discretionary annual bonus
  

The Role:

Join us as a Lead Analyst, Credit Risk Portfolio Analytics and Forecasting where you'll take charge of creating and delivering meaningful analysis, providing key insights that guide business strategy and improve decision-making. Your analysis will support key business functions in identifying trends, managing risk, and capitalizing on opportunities. You will be responsible for supporting the development, implementation, and optimization of advanced forecasting models, ensuring the accuracy of predictions, and driving improvements in portfolio performance.

As a Lead Analyst, Credit Risk Portfolio Analytics and Forecasting you will:

• Data Analysis & Insights: Use advanced data analytics techniques and statistical models to provide actionable insights into portfolio performance, risk exposure, and credit quality.
• Performance Monitoring: Regularly track and assess portfolio performance, creating new reporting as needed, to inform operational strategies and adjust forecasts where necessary.
• Forecasting Models: Help drive the design and implementation of advanced forecasting models for key portfolios (e.g., credit cards, loans, vehicle finance) to predict trends, risks, and opportunities. Ensure the models are accurate, up-to-date, and tailored to evolving business needs.
• Stakeholder Communication: Present your findings and actionable recommendations to senior management and other key stakeholders to influence strategic decisions and drive performance improvements.
• Team Leadership: Provide guidance on best practices, share knowledge, and help develop the team’s skills.
• Collaboration: Work cross-functionally with teams in risk management, finance, product development, and operations to provide actionable insights and ensure alignment with business goals.
• Continuous Improvement: Continuously improve portfolio monitoring and reporting, forecasting models and methodologies to enhance accuracy, reduce errors, and ensure the effectiveness of decision-making processes.

What We’re Looking For:

• 3+ years’ experience in Credit Risk portfolio analysis, or a related field within the consumer credit industry.
• Strong background using advanced analytics tools (e.g., SAS, R, Python).
• Proven ability to collaborate within and develop an analytical team, prioritizing tasks and delivering strategic guidance.
• Expertise in converting complex data into business insights, and the ability to communicate findings effectively to non-technical and senior stakeholders.
• Ability to anticipate trends and adjust forecasting strategies based on emerging data and market conditions.
• Strong attention to detail and a passion for accuracy in performance monitoring.
• Background in IFRS9 impairments
• Experience in developing, validating or monitoring Credit Models (impairment, stress testing, forecasting)

The interview process:

• 30-minute call with Talent Acquisition.
• 1 hour interview with the hiring team.
• Final interview

Offers are subject to satisfactory background checks, including credit, fraud, and employment references.

Who We Are:

At Vanquis, we have a simple purpose: to deliver caring banking so our customers can make the most of life’s opportunities. Established in 1880, we’re now a FTSE All Share company and leading specialist bank. We lend responsibly, providing tailored products and services to over 1.69 million UK customers.

We take care of our colleagues as well as our customers, working hard to create a rewarding and supportive work environment. That means competitive salaries, benefits, and a Group-wide recognition scheme. Everyone can enrol in our pension and after six months, you can join our ‘Buy As You Earn’ scheme.

We’re about more than financial rewards though. We give everyone a voice in the business and room to be their authentic self. And we know you’re here to build your career, so we help every colleague with training and development opportunities. Making sure there’s always something new to learn.

Vanquis Bank is an Equal Opportunity Employer:

Here at Vanquis Banking Group, we embrace everyone’s unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, martial or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age – your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible. At the end of the day, it's our people that help us to fulfil the reason why we’re here in the first place: to help put people on a path to a better everyday life.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available to help. You can contact us [e-mail]

The Company

At Vanquis, we’ve been empowering lives since 1880. As a FTSE All Share company and leading specialist bank, we lend responsibly to over 1.69 million UK customers.

We’re just as committed to our colleagues as we are to our customers, offering competitive salaries, comprehensive benefits, and recognition schemes. With pension plans, our ‘Buy as You Earn’ scheme, and ongoing training opportunities, we create a supportive environment where you can grow and thrive.

Bring your authentic self, find your voice, and build your career with us—because at Vanquis, we believe in making the most of life’s opportunities.

The Benefits

Competitive base salary and rewards

Private Medical Insurance

25 days holiday entitlement

one day accrued for each year of service (max 30 days)

Defined contribution pension scheme

Discretionary bonus scheme

Perks at Work

2 paid days to support a charity of your choice

Flexible, hybrid, & dynamic working policies