At a Glance
- Tasks: Analyse credit risk, develop reports, and support stress testing for mortgage lending.
- Company: Dudley Building Society is a supportive and inclusive financial institution focused on community values.
- Benefits: Enjoy flexible working, 30 days holiday, private medical insurance, and an electric car scheme.
- Other info: Diversity and inclusion are at our core, making us a welcoming workplace for everyone.
- Why this job: Join a certified Great Place to Work with opportunities for growth and a positive impact on the community.
- Qualifications: Degree in finance or economics, strong Excel skills, and a willingness to learn.
The predicted salary is between 46000 - 64000 £ per year.
Location
Brierley Hill
Application Deadline
Friday, September 25, 2026
Vacancy Type
Temporary/Full Time
Job Summary
At Dudley Building Society, we're here to help people live better lives. As one of the UK's fastest-growing building societies, with a proud heritage and ambitious plans for the future, we're looking for a Senior Credit Risk Analyst to support the Society's credit risk modelling and management information. This role will join us on a temporary 6 Month contract to support with Paternity leave.
The role
As our Senior Credit Risk Analyst, you'll be responsible for ensuring the Society's credit risk models and credit risk management information are appropriately built, maintained and monitored.
What you'll be doing
- Routinely run the Society's Estimated Credit Loss models accurately and on time, identifying and resolving any anomalies.
- Monitor and report against ECL model outputs, including PD, EAD and LGD, providing clear explanations for movements.
- Maintain full model documentation, including assumptions, validation, sensitivity analysis and data input dictionaries.
- Updates to mortgage affordability model based on latest information
- Work with modelling partners to design and build new iterations of the ECL model and support successful passage through model governance requirements.
- Contribute credit risk inputs to forecasts and stress tests, including ICAAP, ILAAP and Recovery Plan activity.
- Work with Product and Analytics teams to support decisions on product mix and lending plans, considering regulatory limits, expected credit loss and risk appetite.
- Develop, maintain and report against credit risk appetite limits.
- Deliver training and education on ECL models to key stakeholders, translating complex information into clear and practical insight.
What we're looking for
- Experience using R statistical language.
- Experience with IFRS 9 impairment models or similar credit risk modelling approaches.
- Strong analytical and numerical skills, with the ability to interpret model outputs and explain them clearly and concisely.
- Confidence working with credit risk management information, assumptions, validation, sensitivity analysis and model documentation.
- An understanding of expected credit loss, risk appetite, model monitoring and governance requirements.
- A degree-level qualification in maths, statistics or a similar discipline would be desirable.
- A confident communication style, with the ability to present insight to key stakeholders.
What's in it for you?
We want our people to feel supported, valued and able to thrive. In return, you'll receive:
- Salary up between £45,000 - £50,000 (FTE) depending on experience.
- Intelligent working - split your time between home and our Brierley Hill office.
- 30 days' holiday, plus bank holidays and "Moments that Matter" days for birthdays, weddings, getting your house keys, welcoming a grandchild and the moments that count.
- Up to 8% pension contribution.
- Life assurance at 4x salary.
Diversity, Equality and Inclusion
We're building a culture where everyone feels respected, supported and valued. Diversity isn't a tick box for us - it's a strength we actively champion. Whoever you are, and whatever makes you you, you'll be welcomed here and encouraged to thrive.
And there's more...
We're a Certified B Corp and officially a Great Place to Work in the UK - and for good reason. Head over to our careers page to discover what life is like at The Dudley: who we are, what drives us, and why joining us could be the best move you make next.
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Senior Credit Risk Analyst employer: Dudley Building Society
Join a dynamic financial institution that values innovation and collaboration, offering an engaging work culture where your contributions directly impact the success of the organisation. With competitive salaries and opportunities for professional growth, this role as an SQL Developer not only provides a chance to enhance your technical skills but also to thrive in a supportive environment that prioritises employee development and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in credit risk analysis, especially in mortgage lending. This will not only help you understand the role better but also allow you to engage in meaningful conversations during interviews.
✨Tip Number 2
Network with professionals in the financial services sector, particularly those who work in credit risk. Attend industry events or join relevant online forums to gain insights and potentially get referrals.
✨Tip Number 3
Brush up on your data analysis skills, particularly in Excel and any statistical tools mentioned in the job description like R or SQL. Being able to demonstrate your proficiency in these areas can set you apart from other candidates.
✨Tip Number 4
Prepare to discuss your experience with regulatory frameworks such as ICAAP and PRA. Understanding these concepts will show that you are well-versed in the compliance aspects of credit risk management.
We think you need these skills to ace Senior Credit Risk Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV highlights relevant experience in credit risk analysis, particularly in mortgage lending. Use specific examples that demonstrate your analytical skills and familiarity with regulatory frameworks.
Craft a Compelling Cover Letter:In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities listed in the job description, such as credit risk monitoring and reporting.
Showcase Technical Skills:Emphasise your proficiency in Excel and any other data manipulation tools mentioned, like R or SQL. Provide examples of how you've used these skills in previous roles to analyse data or develop reports.
Highlight Soft Skills:Don't forget to mention your communication and stakeholder management skills. These are crucial for the role, so provide examples of how you've successfully collaborated with teams or presented findings to senior management.
How to prepare for a job interview at Dudley Building Society
✨Know Your Credit Risk Concepts
Make sure you brush up on your knowledge of credit risk concepts, especially those related to mortgage lending. Be prepared to discuss how these concepts apply to the role and demonstrate your understanding of regulatory frameworks like ICAAP and PRA.
✨Showcase Your Analytical Skills
Since the role requires strong analytical skills, be ready to provide examples of how you've used data analysis tools like Excel, R, or SQL in previous roles. Highlight any specific projects where your analytical mindset made a significant impact.
✨Prepare for Stakeholder Management Questions
Given the importance of stakeholder management in this role, think about past experiences where you've successfully communicated complex information to non-technical stakeholders. Prepare to discuss how you build relationships and manage expectations.
✨Demonstrate Your Team Player Attitude
The Dudley Building Society values collaboration, so be ready to share examples of how you've worked effectively within a team. Discuss any training or mentoring experiences you've had, as well as your willingness to learn and develop new skills.
