Senior Credit Risk Analyst, Originations

Vanquis Bank; Petersfield; Hybrid; GBP 45,000 - 65,000; Full time

Job summary

A leading UK bank is seeking a Senior Credit Risk Analyst to shape its New Business Strategies. The role involves harnessing data to drive responsible growth, ensuring effective risk management through analysis and optimization of lending decisions. Candidates should have 2+ years' experience in credit risk analysis, strong communication skills, and knowledge of consumer lending products. The position offers a hybrid working model and comprehensive benefits.

Benefits

25 days annual leave

Pension with up to 10% employer contributions

Paid Birthday Leave

Workations for up to 20 days

Volunteering days

Private Medical Insurance

Discounted gym membership

Qualifications

• 2+ years' experience in an analytical role within a Credit Risk environment.
• Experience of strategy optimisation or scorecard cut-off setting.
• Excellent communication skills, written and verbal.
• Experience working with high detail and accuracy.
• Knowledge of Consumer Lending products.

Responsibilities

• Develop expert understanding of new business originations.
• Ensure risk strategies are effective through regular reporting.
• Support optimisation of lending decisions.
• Balance risk and reward in lending decisions.
• Perform analysis and provide recommendations.

Skills

Analytical skills

Communication skills

Detail-oriented

Consumer Lending knowledge

Job description

Overview

The Vacancy

Senior Credit Risk Analyst, Originations

Contract Type: Permanent / Full Time

Location: Bradford, Petersfield or London

Working Pattern: Hybrid—typically one to two days a week in the office. Flexible arrangements are considered to support 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.

What We Offer

We don't just care about your work, we care about your health, wellbeing and life outside your working hours. We offer flexibility, empathy, and a wide range of resources to help you navigate life's ups and downs and feel your best. Our benefits include:

• Holidays: 25 days of annual leave (rising to 30 with service), with the option to buy or sell up to 5 extra days. Flexible bank holiday policy to swap up to 4 days.
• Pension: Up to 10% employer contributions.
• Enhanced Leave: Enhanced maternity (post-probation) and 4 weeks paternity leave to paid neonatal and carers leave.
• Workations: Work abroad for up to 20 days a year in approved countries.
• Paid Birthday Leave: Take the day off to celebrate your birthday.
• Volunteering: 2 paid days a year to volunteer for a cause close to your heart.
• Learning & Development: Access to LinkedIn Learning for all colleagues.
• Financial Wellbeing: Free Snoop Premium subscription.
• Healthcare: Self-pay Denplan for dental care and Private Medical Insurance option.

The Role

Are you passionate about turning data into powerful business decisions? We are looking for a Senior Credit Risk Analyst to lead the charge in shaping the future of our New Business Strategies. In this pivotal role, you'll harness data-driven insights to design, implement, and refine strategies that drive smart, responsible growth.

You'll become a subject matter expert in new business originations—diving deep into decisioning and customer interaction, from the first touchpoint to final approval—to balance risk and opportunity. With a strong focus on regular reporting and performance monitoring, you'll ensure our risk strategies remain sharp, effective, and aligned with business goals. If you're ready to make a measurable impact in a dynamic, data-rich environment, this is your opportunity to lead with insight and innovation.

As a Senior Credit Risk Analyst, you will:

• Develop expert understanding of new business originations, including all aspects of decisioning and customer touch points.
• Regular reporting & monitoring to ensure risk strategies are effective.
• Support the optimisation of lending decisions through test-and-learn initiatives to identify champion strategies.
• Support business growth and portfolio profitability while ensuring a balance between risk, reward and responsible lending, and controlling credit quality and performance.
• Ensure lending decisions are accurate and appropriate through close tracking and monitoring.
• Perform inquisitive and innovative analysis and provide logical recommendations resulting in customer and/or business benefits.
• Deliver complex analytical/data-driven projects incorporating Customer and business implications throughout.
• Support the automation of MI and processes to maximise integration, effectiveness and efficiency.

What We're Looking For

• 2+ years' experience in an analytical role within a Credit Risk environment.
• Experience of strategy optimisation or scorecard cut-off setting.
• Excellent communication skills, written and verbal.
• Experience working to a high level of detail and accuracy.
• Knowledge of Consumer Lending products such as Credit cards, Loans or Vehicle Finance.

Offers are subject to satisfactory background checks, including credit, fraud, and employment references.

Who we are

At Vanquis, we have a simple purpose: to deliver caring banking so our customers can make the most of life's opportunities. Established in 1880, we're now a FTSE All Share company and leading specialist bank. We lend responsibly, providing tailored products and services to over 1.7 million UK customers. We see ourselves as the bank that's got your back.

Vanquis has been named one of the Financial Times UK's Best Employers 2025, ranking in the top 50 nationwide and seventh in Banking and Financial Services. This recognition is based on independent employee feedback, reflecting our strong workplace culture, career growth opportunities, and commitment to our people. We are proud signatories of the Armed Forces Covenant and actively support the Armed Forces community, including veterans, reservists, and military families.

We take care of our colleagues as well as our customers; we are creating a workplace where everyone feels connected, valued, empowered and rewarded—guided by our four core values: caring for people, pulling together, finding better ways and getting the right things done. Rewards go beyond pay with competitive salaries, a discretionary bonus scheme and evolving recognition, plus opportunities for personal and career development.

Equal Opportunities: Vanquis Bank is an Equal Opportunity Employer. We embrace everyone's unique strengths and identities. If you need support during the recruitment process (e.g., alternative application format or additional assistance), please contact [e-mail].

What We Offer (additional)

• Holidays: 25 days of annual leave (rising to 30 with service), buying/selling up to 5 extra days. Flexible bank holiday swaps up to 4 days.
• Pension: Up to 10% employer contributions.
• Enhanced Leave: Maternity/paternity and neonatal/carers leave.
• Workations: Up to 20 days abroad in approved countries.
• Paid Birthday Leave, Volunteering days, Learning & Development, Financial Wellbeing, Healthcare.

The Benefits:

• Competitive base salary and rewards
• Private Medical Insurance
• 25 days holiday entitlement
• Defined contribution pension scheme
• Discretionary bonus scheme
• Perks at Work (discounts)
• Volunteering days
• Flexible, hybrid, & dynamic working policies
• Personal & career development opportunities
• Monthly and Quarterly Colleague Socials
• Discounted gym membership
• BUPA GP Service