Senior Credit Risk Analyst

Together; England; On-site; GBP 55,000 - 75,000; Full time

Benefits offered by this job

26 days holiday

Birthday day off

Company holiday homes

Discretionary annual bonus

Shared Reward Bonus

Matched pension contribution

Health cash plan

Private medical insurance

Life assurance and Critical illness

Travel season ticket loans

Ride to work scheme

Gym access

Bar/restaurant discounts

Job summary

Together is seeking a Senior Credit Risk Analyst to support first-line credit risk management, report on portfolio risks, and help develop risk-based product standards. You will collaborate with stakeholders to identify risk pockets and ensure they are well managed across the lending portfolio.

You will contribute to cost-of-risk analyses and credit scoring strategies, working with the Senior Credit Risk Manager to address opportunities and threats in a dynamic UK market.

Qualifications

• Numerical degree, strong analytical skills and excellent attention to detail.
• Experience in a credit risk environment.
• A solid grounding in data analysis using quantitative analytic tools.
• Strong SQL skills.
• Strong understanding of the fundamental concepts of credit risk management.
• Advanced Excel skills.
• Good understanding of risk management of secured lending portfolios.
• Experience of using complex data.

Responsibilities

• Have oversight of first line credit risk management activity.
• Analyse portfolio credit risks, providing timely and accurate updates to risk committees.
• Pro-actively identify trends and insights based on regular credit risk reporting, supporting the Senior Credit Risk Manager with the actions required to address areas of concern/opportunity, working with the first line credit risk team.
• Support the Senior Credit Risk Manager with the input and running of 2nd line oversight committees and regular routines.
• Perform analysis to support changes to credit risk strategies, lending and arrears management policies.
• Support development and monitoring of new products and strategies.
• Analyse portfolio risks and concentrations and build portfolio and arrears forecasting; escalating material risks to committees as required.
• Support the Senior Manager Credit Risk in the development of cost of risk and use of credit scoring strategies.
• Liase with key stakeholders, identify key pockets of credit risk and ensure that these are being appropriately managed.
• Support the development of affordability, valuation and credit strategies.
• Maintain comprehensive governance, procedures and records.
• Build and maintain a strong stakeholder network to share credit risk expertise and insight across the organisation.

Skills

Strong SQL skills

Advanced Excel skills

Data analysis

Experience in credit risk environment

Strong analytical skills

Education

Numerical degree

Job description

• 26 days holiday, and a day off for your birthday (increasing with service to 30 days), plus bank holidays
• Free access to company holiday homes
• Buy & sell holidays
• Discretionary annual bonus plus an additional Shared Reward Bonus
• Life assurance and Critical illness cover
• Travel season ticket loans and Ride to work scheme
• Free local gym access
• Local bar / restaurant discounts

Company Description

We’re Together. For over 50 years, we’ve helped thousands of people, businesses and professionals unlock their property ambitions with our common-sense approach to mortgages and secured loans. We take the time to understand our customers and our door is always open, so we can often help when other lenders can’t or won’t. Based in Cheadle, Cheshire, our 750 colleagues help our customers throughout the UK, backed by the power of a £7 billion loan book.

Benefits of working at Together

• 26 days holiday, and a day off for your birthday (increasing with service to 30 days), plus bank holidays
• Free access to company holiday homes
• Buy & sell holidays
• Discretionary annual bonus plus an additional Shared Reward Bonus
• Matched pension contribution
• Health cash plan plus Private medical insurance
• Life assurance and Critical illness cover
• Travel season ticket loans and Ride to work scheme
• Free local gym access
• Local bar / restaurant discounts

Job Description

As a Senior Credit Risk Analyst you will be responsible for supporting the oversight of first line credit risk management and the reporting and development of product standards. You will analyse portfolio risks and concentrations and build portfolio and arrears forecasting; escalating material risks to committees as required. You will also support the Senior Manager Credit Risk in the development of cost of risk and use of credit scoring strategies for our product portfolios. In liaison with key stakeholders you will identify key pockets of credit risk and ensure that these are being appropriately managed.

• Have oversight of first line credit risk management activity
• Analyse portfolio credit risks, providing timely and accurate updates to risk committees.
• Pro-actively identify trends and insights based on regular credit risk reporting, supporting the Senior Credit Risk Manager with the actions required to address areas of concern/opportunity, working with the first line credit risk team
• Support the Senior Credit Risk Manager with the input and running of 2nd line oversight committees and regular routines
• Perform analysis to support changes to credit risk strategies, lending and arrears management policies
• Support development and monitoring of new products and strategies
• Analyse portfolio risks and concentrations and build portfolio and arrears forecasting; escalating material risks to committees as required.
• Support the Senior Manager Credit Risk in the development of cost of risk and use of credit scoring strategies
• Liase with key stakeholders, identify key pockets of credit risk and ensure that these are being appropriately managed.
• Support the development of affordability, valuation and credit strategies
• Maintain comprehensive governance, procedures and records
• Build and maintain a strong stakeholder network to share credit risk expertise and insight across the organisation

Qualifications

Essential:

• Numerical degree, strong analytical skills and excellent attention to detail
• Experience in a credit risk environment
• A solid grounding in data analysis using quantitative analytic tools.
• Strong SQL skills
• Strong understanding of the fundamental concepts of credit risk management
• Advanced Excel skills
• Good understanding of risk management of secured lending portfolios.
• Experience of using complex data

Additional Information

Together embraces diversity and inclusion, and are proud to be an equal opportunity workplace. Not only do we welcome difference – we celebrate it, support it and really value our colleagues for who they are. We are committed to building a team that represents a variety of backgrounds, perspectives and skills.

If you feel you'd benefit from any support or reasonable adjustments during any stage of the recruitment process, please don’t hesitate to let us know when completing your application. This information will be picked up by our team, so we can try and put steps in place to help you be at your best through this process.

Recruitment Process

Please note that all successful applicants will undergo relevant employment reference, financial and criminal record checks.