Lead Credit Risk Analyst

JR United Kingdom; England; On-site; GBP 50,000 - 75,000; Full time

Job summary

A leading financial institution is seeking a Lead Credit Risk Analyst to develop and enhance credit risk strategies, delivering analytics that drive high-quality customer decisions. The ideal candidate will possess expertise in consumer lending products and a strong analytical background. This role also involves project leadership and cross-team collaboration, making it a pivotal position for driving positive outcomes in credit management.

Qualifications

• Experience in Credit Risk Analytics or similar roles.
• Proficient in SAS/SQL/VBA/Python for data analysis.
• Knowledge of FCA regulations in consumer lending.

Responsibilities

• Develop and improve credit risk/collections strategies.
• Lead complex analytical projects with minimal guidance.
• Build relationships and mentor junior team members.

Skills

Analytical capabilities

Attention to detail

Communication

Collaboration

Education

Degree in analytical/numerical field

Tools

SAS

SQL

VBA

Python

Job description

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3 days a week in various office locations

Our Client is on the search for a Lead Credit Risk Analyst to join their growing team.

Key Responsibilities:

• Developing, maintaining and improving credit risk/collections strategies to allow the business to make high quality decisions for our customers driven by data.
• Providing analyses to run credit portfolios against agreed performance indicators.
• Supporting growth in the business through the delivery of WPB initiatives, delivering analytics to enable the design and roll-out of new lending products, enhancing existing product features and managing the exposure of our existing customers.
• Leading complex analytical projects to completion with minimal guidance;
• Formulating and clearly communicating conclusions and proposals giving consideration to the risk, reward and customer impact, collaborating with teams to make decisions;
• Identifying solutions to emerging risk issues, changing priorities, project completion issues and areas of conflict;
• Challenging established policy and procedures, where appropriate and suggesting improvements;
• Ensuring portfolio strategies and processes are aligned with the appropriate regulations and regulator guidance;
• Building strong interpersonal relationships and engaging with the wider organisation to provide insight and support for changes required to improve customer outcomes;
• Build relationships with and shape the development of junior team members and offshore analysts improving their knowledge, understanding and experience;
• Report progress on initiatives to Senior Management/governance forums on a regular basis;
• Maintain the highest standards of documentation

Key Requirements:

• Previous experience in a relevant role, e.g. Credit Risk Analytics, Collections Analytics or an Analysis based role, with experience of secured or unsecured products;
• Excellent attention to detail and a track record of analytical capabilities using relevant software packages (i.e. SAS/SQL/VBA/Python) to analyse large amounts of data, draw conclusions and drive actions;
• An understanding of consumer lending products, profitability and credit risk;
• Experience of successful project management, working across a range of teams to deliver;
• You enjoy working collaboratively and are a clear communicator;
• Knowledge of FCA regulations and experience of their application in a consumer lending environment
• Possess a degree/qualification in an analytical/numerical field or equivalent