Senior Credit Risk Analyst

TN United Kingdom; Cardiff; Hybrid; GBP 40,000 - 80,000; Full time

Job summary

An innovative division of a well-established company is seeking a Senior Credit Risk Analyst to lead credit risk and pricing analytics for motor lending products. This role involves building credit risk models, monitoring portfolio performance, and refining strategies to enhance customer outcomes. The ideal candidate will have strong quantitative skills, proficiency in SQL and Python, and experience in consumer credit risk. Join a dynamic team where your contributions will help shape the future of lending and provide customers with tailored financial solutions. Embrace the opportunity for remote work and flexible arrangements in a fast-paced environment.

Qualifications

• Experience in consumer lending within a credit risk function is essential.
• Strong quantitative skills and proficiency with SQL and Python for data analysis.

Responsibilities

• Design and implement decisioning rulesets and policies for credit risk.
• Monitor portfolio risk/reward profile and adjust acquisition strategies.
• Generate management reports to support strategic decisions.

Skills

Quantitative Analysis

Analytical Skills

SQL

Python

Excel

Credit Risk Modelling

Financial Modelling

Communication Skills

Education

Relevant Professional Qualifications (e.g., CFA, FRM)

Tools

Pandas

Sci-Kit Learn

NumPy

Job description

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Admiral Money is expanding, and an exciting opportunity has arisen for a Senior Credit Risk Analyst to join the team. The role involves taking the lead on credit risk and pricing analytics for our motor lending product. This role will be responsible for building credit risk and pricing models, monitoring actual portfolio performance relative to modelled expectations, and refining the credit strategy.

At Admiral Money, we have several product verticals, one of which is Motor Finance. The Motor Finance industry is evolving, providing an opportunity to offer comprehensive HP and PCP products across digital and physical channels. Customers are feeling more empowered and in control, making it vital to deliver relevant, customer-focused products.

With over years of experience in the Motor industry, Admiral is a trusted and respected brand. We have built extensive data across millions of customers and are ready to take the lead in this space. To achieve this, we need to strengthen and grow our team.

The successful candidate will be able to quickly adapt to a fast-moving, innovative, and high-profile environment and will be expected to start contributing immediately. Prior experience in consumer lending within a credit risk function is essential. The role involves managing decision strategies and leading initiatives while maintaining a hands-on approach.

The ideal candidate will possess a broad skill set, including strong quantitative and analytical skills; proficiency with SQL for data extraction; Python and Excel for data analysis and modelling; and experience in building credit risk scorecards.

This role offers the possibility of full remote work with occasional visits to the Cardiff office. We are open to discussing flexible working arrangements.

About Admiral Money

Admiral Money is a new division of Admiral Group, combining the innovation of a startup with the security of a large parent company. We launched unsecured personal loans in June and became the first direct-to-consumer car finance provider in December . Since then, we have continued to grow and have exciting plans for the future.

We seek individuals eager to learn, motivated to contribute, and ready for challenges to help us create a unique lending experience for our customers.

Responsibilities

1. Design, develop, and implement decisioning rulesets and policies, including actionable proposals and implementation plans.
2. Monitor the risk/reward profile of the portfolio using IRR/NPV models, and review and adjust acquisition strategies accordingly.
3. Segment the portfolio based on risk variables to identify trends, concentrations, and emerging risks.
4. Improve the affordability process, including enhancements to the net disposable income model.
5. Analyze retro data to inform lending strategies, identify predictive features, and set risk grade bandings.
6. Create comprehensive views of credit rules at the product level to identify issues and opportunities.
7. Generate key management reports to support strategic decisions and ensure risk appetite is maintained.
8. Enhance credit risk strategies to optimize outcomes for customers.
9. Apply commercial judgment to interpret results and produce actionable recommendations for risk management.

Requirements

The ideal candidate will have:

• Advanced financial modelling skills, including building and evaluating scorecards.
• Experience in creating detailed reports to analyze portfolio performance.
• Proficiency in SQL for data extraction and manipulation.
• Experience with Python (Pandas, Sci-Kit Learn, NumPy) or similar for data analysis and modelling.
• Prior experience in consumer credit risk, particularly in motor lending, is highly desirable.
• High-quality written communication skills.
• Experience presenting analysis results to diverse audiences.
• Relevant professional qualifications (e.g., CFA, FRM) are a plus.