Average Credit Risk salary in the UK

Job Title: Credit Risk Analyst Location: Rotherham Salary: Up to £40,000 Hours: Monday to Friday 9 am - 5.30 pm Benefits: Company eventsCompany Pension with Scottish WidowsEmployee assistance programme and financial wellbeing supportContinuous learning programFree ParkingHealthcare and wellbeing programme25 days holiday About the position of Credit Risk AnalysT The newly created role of Credit Risk Analyst reports directly to the Chief Risk and Information Officer, providing an exciting opportunity to join and shape the credit risk framework for a fast-growing organisation. The role will be critical within a busy and growing lender as they seek to strengthen their analytic capabilities and develop data-led decision-making processes.You will be familiar with leading complex analytical projects to completion with minimal guidance, formulating and communicating conclusions and proposals considering the risk and reward whilst balancing customer outcomes and supporting the business in making positive strategic decisions. Responsibilities required for the role of Credit Risk Analyst Development of credit risk management strategies including the manual verification rules for the underwriting team.Perform analysis on data gathered from Credit Reference Agencies and other sources to design and develop innovative approaches to the credit approval process.Monitor decision engine performance to ensure that refer/decline rules, product limits, credit score cut-offs, and affordability assessments are appropriate and effective.Operate a robust test-and-learn approach developing tests based on data-driven evidence, setting clear performance expectations with subsequent monitoring and maintenance of performance.Undertake specialised analysis in the areas of scorecard development, modelling, profiling/segmentation and forecasting to ensure that lending is by Credit Risk Policy and the risk appetite of the business.Code, test, and implement approved changes to the credit decisioning systems, maintaining comprehensive documentation of credit strategies, procedures, and processes.Provide support and advice to our internal customers regarding business insight and analytical trends.Investigate issues identifying and highlighting trends and emerging issues, together with the identification and development of appropriate solutions to deliver improved customer outcomes and business performance. Experience required for the role of Credit Risk Analyst Excellent analytical and numeric skills.Educated to a degree level in a relevant numerate discipline (Mathematics, Statistics, Economics) (Desirable).Strong skills using relevant software packages (i.e. Power BI/SQL/VBA/Python) to analyse large amounts of data, draw conclusions and drive actions.Proven ability to analyse and present data in a Credit Risk role.Knowledge of Credit Reference Agency data and reporting.Excellent oral and written communication skills with the ability to translate insight into a coherent story that assesses the customer / commercial/financial impact and drives action.Ability to consistently deliver accurate, error-free results to a high standard within tight deadlines. For more information regarding the role of Credit Risk Analyst please contact Stellar Select is acting as an employment agency and is a corporate member of the REC Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days

Job Title: Senior Credit Risk Analyst Location: Rotherham Salary: Negotiable based on Hours: Monday to Friday 9 am - 5.30 pm Benefits: Company eventsCompany Pension with Scottish WidowsEmployee assistance programme and financial wellbeing supportContinuous learning programFree ParkingHealthcare and wellbeing programme25 days holiday About the position of Senior Credit Risk Analyst We are looking for a hardworking, highly motivated individual with ambition and a desire to succeed with experience in developing credit risk strategies and managing information. Working for a new and rapidly expanding consumer finance lender this is an excellent opportunity to be part of a new team with superb opportunities to develop and progress. The newly created role of Credit Risk Analyst reports directly to the Chief Risk and Information Officer, providing an exciting opportunity to join and shape the credit risk framework for a fast-growing organisation in the consumer lending space. The role will be critical within the business as the business as they strengthen the analytic capabilities and develop data-led decision-making processes. You will be familiar with leading complex analytical projects to completion with minimal guidance, formulating and communicating conclusions and proposals considering the risk and reward whilst balancing customer outcomes and supporting the business in making positive strategic decisions. Responsibilities required for the role of Senior Credit Risk Analyst Development of credit risk management strategies including the manual verification rules for the underwriting team.Perform analysis on data gathered from Credit Reference Agencies and other sources to design and develop innovative approaches to the credit approval process.Monitor decision engine performance to ensure that refer/decline rules, product limits, credit score cut-offs, and affordability assessments are appropriate and effective.Operate a robust test-and-learn approach developing tests based on data-driven evidence, setting clear performance expectations with subsequent monitoring and maintenance of performance.Undertake specialised analysis in the areas of scorecard development, modelling, profiling/segmentation and forecasting to ensure that lending is by the Credit Risk Policy and the risk appetite of the business.Code, test, and implement approved changes to the credit decisioning systems, maintaining comprehensive documentation of credit strategies, procedures, and processes.Provide support and advice to our internal customers regarding business insight and analytical trends.Investigate issues identifying and highlighting trends and emerging issues, together with the identification and development of appropriate solutions to deliver improved customer outcomes and business performance. Experience required for the role of Senior Credit Risk Analyst Excellent analytical and numeric skills.Educated to a degree level in a relevant numerate discipline (Mathematics, Statistics, Economics) (Desirable).Strong skills using relevant software packages (i.e. Power BI/SQL/VBA/Python) to analyse large amounts of data, draw conclusions and drive actions.Proven ability to analyse and present data in a Credit Risk role.Knowledge of Credit Reference Agency data and reporting.Excellent verbal and written communication skills with the ability to translate insight into a coherent story that assesses the customer / commercial/financial impact and drives action.Ability to consistently deliver accurate, error-free results to a high standard within tight deadlines.Experience gained in consumer finance will be essential For more information regarding the role of Senior Credit Risk Analyst please contact us Stellar Select is acting as an employment agency and is a corporate member of the REC Due to a high volume of applications, we will only contact you if your application has been successful. We aim to contact all successful contacts within two business days

CREDIT RISK ANALYTICS MANAGER UP TO £100,000 + STOCK LONDON A top unicorn FinTech in the UK that Harnham have been partnered with for some time now are on the search for an Analytics Manager for the credit risk function. This position is a great opportunity to join a fast growing business that provide amazing opportunities for development. THE COMPANY This FinTech became a very profitable business early on in their journey. They are known for being one of the top lending analytics companies in the UK offering unsecured and secured products. Experience at a company like this is second to none and invaluable. THE ROLE The role will involve working on one product for the business across the credit risk lifecycle You can expect to be involved in the following day to day: Be an individual contributor and line manager within the team (flexibility here)Oversee analysis, development and improvement for credit strategiesWork across commercial and pricing strategies alongside credit risk analyticsWide scoping role involved analytics, strategy development and some model buildingBe hands on with data SKILLS AND EXPERIENCE Experience working in sub or near prime credit riskExperience analysing data and documenting trends to drive insightStrong commercial mindsetStrong SQL skills - Python ideal tooExperience working for a top FinTech is idealA strong university degree in a numerate discipline - will need to be a top degree in STEM SALARY AND BENEFITS Up to £100,000 base salaryStockPrivate Healthcare HOW TO APPLY Please register your interest by sending your CV to Shane McWilliams via the Apply link on this page.