Senior Credit Risk Analyst

Vanquis Bank; Bradford; Hybrid; GBP 40,000 - 60,000; Full time

Job summary

Join Vanquis Bank as a Senior Credit Risk Analyst, where you will develop and optimize credit risk models utilizing data-driven insights. This hybrid role requires a collaborative approach, frequent engagement with teams, and a commitment to maintaining high standards of model governance. You will thrive in an innovative environment with opportunities for professional growth.

Benefits

Discretionary annual bonus

25 days holiday up to 30 days

Pension scheme with matched contributions

1 paid day to give back

LinkedIn Learning for all

Qualifications

• Exceptional quantitative skills including credit analytics.
• Practical application of statistical modelling techniques.
• Experience of corporate governance frameworks.

Responsibilities

• Develop accurate, statistically validated credit risk models.
• Evaluate the quality of the data and communicate issues.
• Support new credit risk modeling improvements and regulatory recommendations.

Skills

Quantitative skills

Credit analytics

Statistical modelling techniques

Data quality evaluation

Strong communication skills

SAS/SQL/R skills

Microsoft Office skills

Job description

Location: London/Bradford/Petersfield/Chatham

Closing Date: Monday 11 November 2024

Location: London, Bradford, Chatham or Petersfield

We are happy for you to be based in Bradford, Chatham or Petersfield but please note that occasional travel will be required to our other offices

Working Pattern: Our working style is hybrid, but we recognise the importance of collaborative working with our colleagues often 1 to 3 days per week in one of our offices

Benefits: Discretionary annual bonus, 25 days holiday up to 30 days (depending on service), pension scheme with matched company contributions up to 10%, 1 paid day to ‘give back’, LinkedIn Learning for all

Don’t hesitate to apply for a role even if you don’t meet all the criteria; your unique strengths and eagerness to learn can be just as valuable.

You and Your Team:

The Senior Credit Risk Analyst will use data driven insights to develop, implement and optimise Acquisition Strategies for VBG

In your day-to-day role, as a Senior Analyst you will:

• Develop accurate, statistically validated credit risk models while supporting all aspects of the agreed model build, validation and governance process
• Evaluate the quality of the data, and communicate any issues with interpretation of subsequent analyses
• Support research for potentially new credit risk modelling improvements, regulatory recommendations and techniques
• Evaluate the business impact of proposed new model implementations through sensitivity analysis of parameters used in capital calculations
• Support the regular reporting and monitoring required ensuring that all models remain appropriate for the portfolio
• Support the team when preparing for the internal approval of credit risk models.
• Support the team to ensure that the model and all impacts of model developments / changes are fully documented, communicated, understood, aligned and approved by the impacted Business Units and Heads of Risk.
• Participate in Credit Risk Modelling governance and technical forums where required.
• Adhere to the FCA Senior Manager Conduct rules

Knowledge and expertise:

• Exceptional quantitative skills including credit analytics
• Practical application of statistical modelling techniques
• Evaluation of data quality
• Development of new credit risk modelling improvements, regulatory recommendations and techniques
• Experienced in consumer credit, preferably in the sub-prime or online lending sector
• Experience of corporate governance frameworks
• Coding expertise or other transferable skills

What will make you stand out:

• Practical application of statistical modelling techniques
• Strong communication skills and technical capability
• Experience of using SAS/SQL/R or other data mining skills
• Strong Microsoft Office skills e.g. excel, word, power point and access
• Proven ability to effectively plan and organise work effectively and prioritise deadlines whilst working at a fast pace.
• Knowledge of IFRS9
• Knowledge of forecasting in a credit risk environment

The interview process:

• Up to 30minute telephone call with a member of the Talent Acquisition team
• Up to 60 mins with the hiring team – Competency based
• Final interview with Daniel Betts (Head of Credit Risk)

Our average process takes up to 4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team throughout the process.

As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.

Your working life: If you prefer to work part-time, we'll make this happen whenever we can - whether this is to help you meet other commitments or strike a great 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.

Why work for us?

We’reVanquis Banking Groupplc, an FTSE All Share company and a leading specialist bank, established in 1880.We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop.Our purpose is simple:to deliver caring banking so our customers can make the most of life’s opportunities.

At Vanquis Banking Group we believe in looking after our colleagues, so we do our best to create a rewarding, engaging, and supportive work environment across our various divisions.

We let our colleagues know we appreciate their hard work by offering competitivesalaries, benefits, and a Group wide recognition scheme. All colleagues are eligible to join a pension scheme, and, after six months’ service, youcan join our ‘Save as you Earn’ and 'Buy as you Earn' schemes.

We offer a range of training and development opportunities to help each of our colleaguesmaximise their potential, whatever their role. From your first day working with us, we’ll help you settle into your new role and are happyto talk to you about your career aspirations.

Equal Opportunity Statement

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.

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Created on 22/06/2025 by TN United Kingdom