Credit Risk Analyst

Description:

A responsible, fair and social lender are looking for a Credit Risk Analyst to transform their credit risk offering… and what a company to join!

This lender aims to make sure everyone, from all walks of life, are able to receive the credit they deserve. They are an alternative to the high-cost lending market and want to reduce financial exclusion across the UK - and eradicate pay day lenders and loan sharks.

They have helped influence governance legislation and policy, and have helped hundreds of thousands save on interest costs, start businesses and avoid eviction and are embarking on an ambitions programme or growth and expansion to help the poorest and most excluded.

So, if you really want to out your analytical skills to good use, and really, truly help people, this is the company to join!!

Anyway, the role!

You will be their first Credit Risk hire and work directly with the CRO to take their credit risk function to the next level.

They have a wealth of data available, including historical loan performance data, credit bureau data, and Open Banking data. They are also an innovator in the field of credit scoring, being one of the first organisations to use Open Banking data in their credit scoring models.

You’ll generate insight from complex data, using your quantitative skills and be directly involved in recommending actions, designing, and implementing new strategies to drive their credit risk and acquisition targets. You’ll also sit right next to their operations and marketing teams, allowing you to fully understand the business and have impact quickly.

This role would ideally suit someone who has been working as part of a bigger team within the consumer credit sector and would now like greater autonomy, variety and learning opportunities. You will be excited about becoming the sole credit risk analyst for an impactful and fast-moving social business that is preparing to grow rapidly. You will do more than just crunch the numbers; you will have help improve their processes, find efficiencies and make better decisions. You will also relish the opportunity to work in a values driven organisation with a strong company culture focused on staff wellbeing and development, encouraging a collaborative team environment and a compelling place to work.

So, if you have:

• Strong analytical skills - Either SQL, SAS, Python or Excel
• A good understanding of credit risk concepts and experience implementing change in risk strategies.
• Experience analysing reporting data and presenting insight to senior management on performance
• Experience in making recommendations, designing, and testing new strategies to improving their credit, fraud and acquisition performance.
• An understanding or working experience of credit scoring model development would be advantageous but not essential.