Senior Credit Risk Analyst

Dudley Building Society; Brierley Hill; Hybrid; GBP 45,000 - 50,000; Full time

Benefits offered by this job

Flexible working (home/office)

30 days holiday + holidays

8% pension contribution

Life assurance 4× salary

Job summary

Dudley Building Society is seeking a Senior Credit Risk Analyst on a temporary 6-month contract to support credit risk modelling and MI. You will ensure ECL models are built, maintained and monitored, providing clear insight to stakeholders across the Society.

You will work with Product and Analytics teams on lending plans within risk appetite, contribute to forecasts and governance, and help deliver robust credit risk management for members.

Qualifications

• Experience using R
• Experience with IFRS 9 impairment models or similar credit risk modelling approaches
• Strong analytical and numerical skills, with the ability to interpret model outputs and explain them clearly
• Confidence working with credit risk management information, assumptions, validation, sensitivity analysis and model documentation
• Understanding of expected credit loss, risk appetite, model monitoring and governance requirements
• A degree-level qualification in maths or statistics would be desirable
• Confident communication style, with the ability to present insight to key stakeholders

Responsibilities

• Routinely run the Society's Estimated Credit Loss models accurately and on time, identifying and resolving any anomalies
• Monitor and report against ECL model outputs, including PD, EAD and LGD, providing clear explanations for movements
• Maintain full model documentation, including assumptions, validation, sensitivity analysis and data input dictionaries
• Update mortgage affordability model based on latest information
• Collaborate with modelling partners to design and build new iterations of the ECL model and pass governance
• Contribute credit risk inputs to forecasts and stress tests, including ICAAP, ILAAP and Recovery Plan activity
• Work with Product and Analytics teams to inform product mix and lending plans within risk appetite
• Develop, maintain and report against credit risk appetite limits
• Deliver training on ECL models to stakeholders

Skills

IFRS 9 impairment models

Strong analytical skills

Communication with stakeholders

Model governance

Education

Degree in maths or statistics

Tools

R

Job description

At Dudley Building Society, we're here to help people live better lives. As one of the UK's fastest-growing building societies, with a proud heritage and ambitious plans for the future, we're looking for a Senior Credit Risk Analyst to support the Society's credit risk modelling and management information. This role will join us on a temporary 6 Month contract to support with Paternity leave.

In this specialist role, you'll help ensure our credit risk models are built, maintained and monitored effectively, using your analytical expertise to interpret outputs and provide clear, concise insight to stakeholders across the Society. You'll play an important part in helping the Society manage lending activity within risk appetite and deliver good outcomes for members.

The role

As our Senior Credit Risk Analyst, you'll be responsible for ensuring the Society's credit risk models and credit risk management information are appropriately built, maintained and monitored.

What you'll be doing

• Routinely run the Society's Estimated Credit Loss models accurately and on time, identifying and resolving any anomalies.
• Monitor and report against ECL model outputs, including PD, EAD and LGD, providing clear explanations for movements.
• Maintain full model documentation, including assumptions, validation, sensitivity analysis and data input dictionaries.
• Updates to mortgage affordability model based on latest information
• Work with modelling partners to design and build new iterations of the ECL model and support successful passage through model governance requirements.
• Contribute credit risk inputs to forecasts and stress tests, including ICAAP, ILAAP and Recovery Plan activity.
• Work with Product and Analytics teams to support decisions on product mix and lending plans, considering regulatory limits, expected credit loss and risk appetite.
• Develop, maintain and report against credit risk appetite limits.
• Deliver training and education on ECL models to key stakeholders, translating complex information into clear and practical insight.

What we're looking for

• Experience using R statistical language.
• Experience with IFRS 9 impairment models or similar credit risk modelling approaches.
• Strong analytical and numerical skills, with the ability to interpret model outputs and explain them clearly and concisely.
• Confidence working with credit risk management information, assumptions, validation, sensitivity analysis and model documentation.
• An understanding of expected credit loss, risk appetite, model monitoring and governance requirements.
• A degree-level qualification in maths, statistics or a similar discipline would be desirable.
• A confident communication style, with the ability to present insight to key stakeholders.

What's in it for you?

We want our people to feel supported, valued and able to thrive. In return, you'll receive:

• Salary up between £45,000 - £50,000 (FTE) depending on experience.
• Intelligent working - split your time between home and our Brierley Hill office.
• 30 days' holiday, plus bank holidays and "Moments that Matter" days for birthdays, weddings, getting your house keys, welcoming a grandchild and the moments that count.
• Up to 8% pension contribution.
• Life assurance at 4× salary.

Diversity, Equality and Inclusion

We're building a culture where everyone feels respected, supported and valued. Diversity isn't a tick box for us - it's a strength we actively champion. Whoever you are, and whatever makes you you, you'll be welcomed here and encouraged to thrive.

And there's more... We're a Certified B Corp and officially a Great Place to Work in the UK - and for good reason. Head over to our careers page to discover what life is like at The Dudley: who we are, what drives us, and why joining us could be the best move you make next.

If you're ready to use your analytical expertise to support sound credit risk management and help the Society make confident, well-informed lending decisions, we'd love to hear from you