Lead Credit Risk Analyst – ON-SITE

Job Overview

Location: Petersfield, Bradford, Chatham, London

Salary

Closing Date: Thursday 23 January 2025

Lead Credit Risk Analyst

Contract Type: Permanent | Full-time

Location: London or Bradford. Occasional travel to other offices may be required.

Working Pattern: Hybrid—typically 1 day 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

Holidays: 25 days holiday up to 30 days (depending on service)Pension: We know it is important to save for the future, that is why we will contribute up to 10%Maternity/Paternity: We realise that family time is important, we offer enhanced maternity (after successful completion of probation) and 4 weeks paternity leaveVolunteering: 2 paid days to ‘give back’ to the charity of your choiceDevelopment: LinkedIn Learning for allFinance: Snoop Premium available to all colleaguesMedical: Opportunity to opt in for Private Medical InsuranceBonus: Discretionary annual bonus

The Role

As a Lead Credit Risk Analyst, you will be reporting to the Credit Risk Manager. In this role you will provide an invaluable opportunity to drive significant change and value for the Bank through a range of insight-providing analytical projects.

In your day-to-day role, as a Credit Risk Analyst you will:

Develop expert understanding of the customer management lifecycle, including all aspects of decisioning and customer touch points.Drive the optimization of lending decisions through test and learn initiatives to identify champion strategies.Investigate and develop new data sources for analysis and decisioning.Support business growth and portfolio profitability while balancing 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.Devise, initiate, and deliver complex analytical/data-driven projects, fully incorporating customer and business implications throughout.Automate and streamline processes to maximize integration, effectiveness, and efficiency.Provide insight and set expectations through targeted analysis, forecasting, and development of regular MI.Lead projects for the department, working autonomously to engage key stakeholders, ensuring all decisions comply with the relevant risk management framework and managing controlled delivery from concept to implementation.Contribute to and challenge working practices and methodologies in a constructive manner.

What will make you stand out?

Essential

Minimum of 5 years’ experience in analytical/programming roleAdvanced knowledge of coding in SAS and SQL with practical experience in a commercial environmentClear, logical and analytical approach to problem solvingStrong attention to detail / accuracy.Expert knowledge of Excel and able to demonstrate proficiency with formulae & VB Macros. Competent in all other standard MS Office applicationsExperience of creating customer, commercial and marketing performance insights from source data, utilizing visualisation tools to best present these insights.Good knowledge of data compliance regulations and principles, e.g. GDPR, POR, PRAAD.Very good risk management including identifying risks or detriment that could impact our customers, and appropriately raising these within department.Good knowledge of Finance terminology, Banking P&L, good regulatory knowledge and awareness, including business implications.

Desirable

Knowledge of other relevant programming/analytical tools such as R, Python, Hadoop, TableauExperience in analytics related to customer value management, including marketing and/or credit riskGood understanding of the mechanics of a credit card with respect to payments and usage of the product.Good knowledge of Credit Risk with respect to Credit Cards, Credit Reference Agency data, scores and characteristics.Knowledge of Credit Decisioning systems (e.g. FICO Originations Manager, Experian Power Curve, Transact, Triad/Blaze).Very good understanding of customer journeys, decision waterfalls, scorecard cut-off setting and strategy optimisation through decline rules

The Interview Process

30-minute call with Talent Acquisition. 1 Hour Teams interview with the hiring team. Final interview with Head of Credit Risk

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 1.75 million UK customers.

We take care of our colleagues as well as our customers, working hard to create a rewarding and supportive work environment. That means competitive salaries, benefits, and a Group-wide recognition scheme. Everyone can enrol in our pension and after six months, you can join our ‘Buy As You Earn’ scheme.

We’re about more than financial rewards though. We give everyone a voice in the business and room to be their authentic self. And we know you’re here to build your career, so we help every colleague with training and development opportunities. Making sure there’s always something new to learn.

Vanquis Bank Is An Equal Opportunity Employer

Here at Vanquis Banking Group, we embrace everyone’s unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, martial or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age – your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible. At the end of the day, it’s our people that help us to fulfil the reason why we’re here in the first place: to help put people on a path to a better everyday life.

If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available to help. You can contact us at careers@vanquis.com