Senior Credit Risk Analyst: Portfolio Forecasting & Strategy

Together; Heald Green; On-site; GBP 50,000 - 70,000; Full time

Benefits offered by this job

26 days holiday + birthday day off

Discretionary annual bonus + Shared

Life assurance

Critical illness cover

Travel season ticket loans

Ride to work scheme

Free local gym access

Bar/restaurant discounts

Job summary

Together is seeking a Senior Credit Risk Analyst to oversee first line credit risk management, analyze portfolio risks, and support risk committees with timely updates. The role focuses on developing credit scoring strategies and cost of risk while collaborating with stakeholders across the business.

The successful candidate will have a numerical degree, strong data analysis skills, and experience in credit risk environments, with advanced Excel abilities and a solid grasp of secured lending

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 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

Analytical skills

Attention to detail

Credit risk experience

Excel advanced

Data analysis

Education

Numerical degree

Job description

Together is seeking a Senior Credit Risk Analyst to oversee first line credit risk management, analyze portfolio risks, and support risk committees with timely updates. The role focuses on developing credit scoring strategies and cost of risk while collaborating with stakeholders across the business.

The successful candidate will have a numerical degree, strong data analysis skills, and experience in credit risk environments, with advanced Excel abilities and a solid grasp of secured lending