Senior Credit Risk Analyst

This is a fully remote position, open to applicants in United Kingdom.

📋 Description

• Designing, evaluating, and enhancing credit risk strategies for applications, which include policy rules, scorecard thresholds, and affordability assessments.

• Overseeing the ongoing performance of application scorecards by identifying emerging risks, performance shifts, or opportunities to enhance risk-return results.

• Assisting in the creation, improvement, and implementation of new scorecards and segmentation methods in collaboration with the Credit Analytics and Model Risk teams.

• Generating clear, decision-oriented management information and analyses that encompass application volumes, approval rates, risk performance, and strategy implications.

• Providing insights and recommendations to senior management and Credit Committees, contributing to strategy documentation and governance submissions.

• Leading or aiding in the execution of credit strategy modifications within active decision-making environments, ensuring that changes are well-regulated and suitably governed.

• Monitoring outcomes post-deployment to ensure that strategies align with expectations and the Bank’s risk appetite.

• Collaborating closely with Product, Underwriting, Technology, and Operations teams to facilitate new product launches, policy updates, and strategic initiatives.

• Aiding in the continuous enhancement of credit strategy frameworks, documentation, and controls to ensure compliance with regulatory and internal standards.

⛳️ Requirements

• Extensive experience in credit risk strategy or decision analytics within a banking or consumer lending setting.

• Practical experience in managing or utilizing application scorecards and credit decision frameworks.

• Strong analytical skills, with the ability to convert complex analyses into clear strategic recommendations.

• Experience in producing high-quality management information and presentations for senior stakeholders and governance forums.

• Solid understanding of the complete credit lifecycle, especially the front-book/application stage.

🏝️ Benefits

• 25 days of annual leave in addition to 8 Bank Holidays.

• An extra day off for a ‘celebration day,’ which includes birthdays, weddings, religious holidays, graduations, and more.

• Option to buy or sell up to 5 days of holiday each year.

• Healthcare cash plan through Westfield Health.

• Life Assurance at 3 times your salary.

• Electric Vehicle salary sacrifice scheme.

• Cycle to Work salary sacrifice scheme, along with a free helmet.

• Salary sacrifice pension contribution*, with 4% employee contributions matched by a 4% Tandem contribution (*Subject to salary eligibility).

• Smart Tech scheme allowing purchases of goods with 0% interest.

• 10% discount on solar panels.

• Access to Tandem Hub for treats, cash back, and discounts at UK retailers.

• 2 days of paid volunteering per year.

• Complimentary cereal, snacks, and drinks available in all offices.

• Quarterly team social budgets.