At a Glance
- Tasks: Shape data-driven credit risk strategies and deliver insights for responsible lending.
- Company: Fair Finance, a social business revolutionising financial services for everyone.
- Benefits: Birthday off, WFH allowance, private health insurance, and discounts via Perkbox.
- Other info: Join a dynamic team with a mission to change the financial system for the better.
- Why this job: Make a real impact on financial inclusion while developing your analytical skills.
- Qualifications: Experience in business or data analysis, strong credit risk knowledge, and Power BI skills.
The predicted salary is between 50000 - 65000 £ per year.
Location: Based in our Dalston office with flexibility to WFH
Contract: Permanent, full time (37.5hrs per week)
About us
Fair Finance is a social business with ambitious plans to revolutionise financial services to give everyone a fair chance. Our vision is to scale our alternative to the high-cost lending market and help reduce financial exclusion across the UK. Over the last twenty years Fair Finance has helped over a hundred thousand people escape the clutches of high-cost money lenders, start businesses or avoid eviction. Our work has helped influence Government policy and legislation, as well as demonstrate how purpose and profit can work together to change the financial system for the better.
About the role
The Senior Business Analyst will play a pivotal role in shaping data-driven credit risk strategies and delivering insights that inform responsible lending decisions. You will leverage your analytical expertise, credit risk knowledge, and Power BI proficiency to enhance our portfolio performance, credit models, and operational effectiveness.
Key Responsibilities
- Analyse credit risk performance across the enterprise’s personal loan portfolio using advanced data analytics tools and techniques.
- Develop, maintain, and automate Power BI dashboards and reports to monitor credit trends, default patterns, and risk exposure.
- Collaborate with credit policy, underwriting and marketing teams to refine scorecards, segmentation strategies, and affordability assessments.
- Translate business requirements into analytical solutions that support strategic objectives and regulatory compliance.
- Identify early warning indicators and recommend data-driven actions to mitigate emerging credit risks.
- Contribute to the development of credit risk models, stress testing, and scenario analyses to improve decision-making.
- Prepare and deliver clear presentations of insights to senior executives, board members, and external stakeholders.
- Support continuous improvement of data quality, governance, and analytical processes across the risk function.
This job description may be amended from time to time to reflect the changing needs of the business.
Skills and Experience
Essential
- Proven experience as a Business Analyst or Data Analyst within consumer lending, retail banking, or fintech sectors.
- Strong understanding of credit risk principles, credit lifecycle management, and regulatory frameworks.
- Advanced proficiency in Power BI, SQL, and Excel for data analysis and visualisation.
- Experience with predictive modelling using statistical techniques.
- Exceptional problem-solving and critical-thinking skills, with the ability to translate complex data into actionable insights.
- Excellent communication and stakeholder management skills.
Desirable
- Exposure to social impact or financial inclusion initiatives.
- Familiarity with Python, R, or other analytics tools.
- Experience with stress testing and machine learning models.
Employee Benefits
- An additional paid day off for your birthday.
- Staff receive an additional 'WFH allowance' to allow even greater location flexibility.
- Private Health Insurance.
- Perkbox access for a wide range of discounts.
- Employee Assistance Programme (EAP).
- 3% matching contribution towards a stakeholder pension.
Senior Business Analyst - Credit Risk employer: Fair Finance Group
Fair Finance is an exceptional employer that champions social impact and financial inclusion, offering a dynamic work culture in our Dalston office with the flexibility to work from home. Employees benefit from a supportive environment that prioritises personal growth, with opportunities to influence meaningful change in the financial services sector, alongside perks like additional paid time off for birthdays and comprehensive health benefits. Join us to be part of a mission-driven team dedicated to making a difference while enjoying a range of employee benefits and a commitment to your professional development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Business Analyst - Credit Risk
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by practising common questions and scenarios related to credit risk analysis. Use your analytical skills to showcase how you can add value to Fair Finance's mission of reducing financial exclusion.
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values. We at StudySmarter encourage you to check out our website for roles that resonate with your passion for social impact and financial inclusion.
✨Tip Number 4
Follow up after interviews with a thank-you email. It’s a great way to reiterate your interest in the role and remind them why you’re the perfect fit for their team!
We think you need these skills to ace Senior Business Analyst - Credit Risk
Some tips for your application 🫡
Tailor Your CV:Make sure your CV speaks directly to the role of Senior Business Analyst. Highlight your experience in credit risk and data analysis, and don’t forget to mention your Power BI skills. We want to see how you can bring value to our mission!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Share your passion for financial inclusion and how your background aligns with our goals at Fair Finance. Let us know why you’re excited about this opportunity and how you can contribute to our vision.
Showcase Your Analytical Skills:In your application, give examples of how you've used data analytics to drive decisions in previous roles. We love seeing real-world applications of your skills, especially in credit risk management. Make it clear how you can help us improve our portfolio performance!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at Fair Finance!
How to prepare for a job interview at Fair Finance Group
✨Know Your Credit Risk Stuff
Make sure you brush up on your credit risk principles and the credit lifecycle. Fair Finance is all about responsible lending, so be ready to discuss how your analytical skills can help shape data-driven strategies that align with their mission.
✨Show Off Your Power BI Skills
Since this role requires advanced proficiency in Power BI, come prepared with examples of dashboards or reports you've created. If possible, bring a portfolio or screenshots to demonstrate your ability to visualise data effectively.
✨Communicate Clearly
You’ll need to present insights to senior executives and stakeholders, so practice explaining complex data in simple terms. Think about how you can convey your findings in a way that highlights their impact on decision-making and aligns with Fair Finance's goals.
✨Collaborate and Connect
This role involves working with various teams, so be ready to discuss your experience in cross-functional collaboration. Share examples of how you've worked with credit policy, underwriting, or marketing teams to refine strategies and improve outcomes.
