Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: As a Senior Impairment Analyst, you'll enhance impairment models and analyse financial data.
- Company: Admiral Money is a dynamic lending division of Admiral Group, focused on personal loans and finance.
- Benefits: Enjoy 33 days holiday, hybrid work options, and up to £3,600 in free shares annually.
- Why this job: Make a real impact across multiple lending sectors while collaborating with diverse teams.
- Qualifications: Experience in credit risk modelling and strong analytical skills are essential.
- Other info: Join a people-first culture recognised as a Great Place to Work for over 25 years.
The predicted salary is between 36000 - 60000 £ per year.
Join to apply for the Senior Impairment Analyst role at Admiral Money 1 day ago Be among the first 25 applicants Join to apply for the Senior Impairment Analyst role at Admiral Money Get AI-powered advice on this job and more exclusive features. Admiral Money is expanding, and an exciting opportunity has arisen for a Senior Impairment Analyst to join our dynamic team. About Admiral Money Admiral Money is the exciting lending division of Admiral Group. Launching unsecured personal loans in June 2017, we have gone from strength to strength with two other product lines launched in more recent years – motor finance & second charge mortgages. We’re looking for people who are keen to learn, excited about getting stuck in and are ready for a challenge to help us to achieve our aim of creating a special lending business for our customers. About The Role This role sits within our Financial & Credit Risk function. As a Senior Impairment Analyst, you will be central to ensuring the robustness of our loss forecasting and adherence to accounting standards across our three product lines (Unsecured Loans, Motor Finance, and Mortgages). You will be a key part of the team responsible for: Developing, maintaining, and enhancing impairment models in line with IFRS 9 requirements. Calculating and reporting Expected Credit Losses (ECL) for our diverse lending portfolios. Conducting deep-dive analysis into impairment drivers, portfolio trends, and model performance. Performing stress testing and scenario analysis on the impairment charge and provisions. Collaborating closely with Credit Risk, Finance, and Data teams to ensure accuracy and consistency in data and assumptions. Preparing and presenting impairment results, insights, and recommendations to senior management and relevant committees. Supporting the business in understanding the impact of impairment on product pricing and strategy Ensuring robust documentation and governance around impairment methodologies and processes. Staying abreast of regulatory changes related to IFRS 9 and impairment and implementing necessary adjustments. What Makes This Opportunity Unique Multi-product Impact: Develop and apply your impairment expertise across three distinct lending sectors. Strategic Influence: Your work will directly inform financial reporting, risk appetite, and strategic business decisions. Collaborative Environment: Work closely with diverse teams, including credit risk, finance, and data science, fostering a holistic understanding of the business. We\’re a forward-thinking lender where robust financial control and accurate provisioning are paramount. If you\’re passionate about applying your analytical skills to complex financial modelling and making a tangible impact on business performance, this role offers an exciting platform to advance your impairment career. Your expertise will help ensure our financial reporting is accurate and our business remains resilient and well-provisioned across multiple product lines. Please note: this is a hybrid role based in Cardiff. You will be required to work onsite at least once a week, ideally twice. Requirements Experience in an impairment, provisioning, or credit risk modelling role within consumer lending. Experience with statistical software (e.g., SAS, Python, R) for modelling or data analysis. Strong understanding of IFRS 9 principles and Expected Credit Loss (ECL) modelling techniques. Strong analytical and problem-solving skills with the ability to interpret complex data and provide actionable insights. Strong communication and stakeholder management skills, with the ability to explain complex concepts to non-technical audiences. Desirable Experience of developing an/or maintaining motor finance impairment models. Experience of developing an/or maintaining mortgage finance impairment models. Admiral: Where You Can We take pride in being a diverse and inclusive business. It\’s a place where you can Be You, and show up as you are. We’re committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service. Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave. We’re proud of our people-first culture. In fact, we\’ve been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics. Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here. Seniority level Seniority level Not Applicable Employment type Employment type Full-time Job function Job function Business Development and Sales Industries Financial Services, IT Services and IT Consulting, and Insurance Referrals increase your chances of interviewing at Admiral Money by 2x Get notified about new Senior Analyst jobs in Cardiff, Wales, United Kingdom . Pre-Assessment Administrative Team Leader Rhymney, Wales, United Kingdom 2 weeks ago Investment Management Operations Analyst Cardiff, Wales, United Kingdom 2 weeks ago Management Consultant – Senior And Lead Level Bristol, England, United Kingdom 2 weeks ago Cardiff, Wales, United Kingdom 4 weeks ago Administration Officer – Cardiff Magistrates Court (Ref: 6072) Bristol, England, United Kingdom 2 weeks ago Bristol, England, United Kingdom 1 month ago Strategic Reporting & Insights Consultant Graduate Digital Analyst – Register Your Interest Cardiff, Wales, United Kingdom 3 weeks ago Bristol, England, United Kingdom 2 days ago Bristol, England, United Kingdom 1 week ago Bristol, England, United Kingdom 6 days ago Abergavenny, Wales, United Kingdom 6 days ago Regional Patient Pathway Coordinator Support Graduate Digital Analyst – Register Your Interest Newport, Wales, United Kingdom 3 weeks ago Leigh Woods, England, United Kingdom 1 month ago Bristol, England, United Kingdom 1 day ago Cardiff, Wales, United Kingdom 2 weeks ago We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr
Senior Impairment Analyst employer: Admiral Money
Contact Detail:
Admiral Money Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Impairment Analyst
✨Tip Number 1
Familiarise yourself with IFRS 9 principles and Expected Credit Loss (ECL) modelling techniques. This knowledge will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Showcase your experience with statistical software like SAS, Python, or R. Be prepared to discuss specific projects where you've used these tools for modelling or data analysis, as this will demonstrate your technical proficiency.
✨Tip Number 3
Network with professionals in the financial services sector, particularly those involved in credit risk and impairment analysis. Engaging with industry peers can provide insights into the role and may even lead to referrals.
✨Tip Number 4
Prepare to discuss how your analytical skills have led to actionable insights in previous roles. Being able to articulate your problem-solving process will highlight your suitability for the Senior Impairment Analyst position.
We think you need these skills to ace Senior Impairment Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in impairment, provisioning, or credit risk modelling. Use specific examples that demonstrate your analytical skills and familiarity with IFRS 9 principles.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role at Admiral Money. Discuss how your background aligns with their needs, particularly your experience with statistical software and your ability to communicate complex concepts.
Showcase Your Analytical Skills: Provide examples of past projects where you conducted deep-dive analyses or developed impairment models. Highlight any experience with stress testing and scenario analysis, as these are key components of the role.
Prepare for Potential Questions: Anticipate questions related to your understanding of ECL modelling techniques and your experience with different lending products. Be ready to discuss how you would approach challenges in the role and your strategies for collaboration with other teams.
How to prepare for a job interview at Admiral Money
✨Understand IFRS 9 Inside Out
As a Senior Impairment Analyst, you'll need to demonstrate a strong grasp of IFRS 9 principles. Brush up on the key concepts and be prepared to discuss how they apply to impairment models and Expected Credit Loss calculations.
✨Showcase Your Analytical Skills
Be ready to provide examples of your analytical and problem-solving skills. Discuss specific instances where you've interpreted complex data and derived actionable insights, particularly in relation to credit risk modelling.
✨Prepare for Technical Questions
Expect technical questions related to statistical software like SAS, Python, or R. Be prepared to explain your experience with these tools and how you've used them for modelling or data analysis in previous roles.
✨Communicate Clearly with Stakeholders
Strong communication skills are essential for this role. Practice explaining complex concepts in simple terms, as you may need to present findings to non-technical audiences. Think about how you can convey your insights effectively.
