Credit Risk Analyst in Basildon

At FCE Bank plc (the captive finance arm of Ford Motor Company), we help millions of customers go further by making vehicles accessible and affordable. We are seeking a dynamic Credit Risk Analyst - Commercial to join our Risk Management team. In this role, you will act as a vital Second Line of Defence (SLOD), safeguarding the bank against credit losses while enabling sustainable business growth. Working within our Commercial and Wholesale Credit Risk team, you will help shape how we originate, monitor, and manage loans and leases. You will leverage data-driven insights to monitor portfolio health, partner with operational teams, and design robust underwriting frameworks. If you are an analytical thinker who thrives in a fast-paced environment and enjoys collaborating with diverse stakeholders, this is your opportunity to drive real-world impact in a global organisation.

Responsibilities

• Portfolio Monitoring & MI: Develop and maintain Management Information (MI) frameworks to dynamically track and report on credit risk metrics (KRIs, KPIs, and risk appetite).
• Risk & Variance Analysis: Perform variance analyses to identify and explain portfolio shifts driven by borrower behavior, macroeconomic trends, and market developments.
• 1LOD Partnership: Partner with First Line of Defence (1LOD) operational teams to enhance credit processes, underwriting expertise, and product originations.
• Emerging Risk Mitigation: Identify emerging credit risks through internal data and external market scanning, recommending actionable mitigation strategies.
• Originations Infrastructure: Support underwriting guidelines development and integrate qualitative and quantitative scorecards.
• Testing & Validation: Formulate and execute test plans to ensure the seamless deployment of scorecard enhancements and system upgrades.
• Committee Support & Oversight: Provide Second Line of Defence (2LOD) oversight for Credit Committee proposals and support policy committee materials.
• Policy & Assurance: Maintain credit risk policies and facilitate portfolio assurance activities to ensure compliance with risk appetites.

Qualifications

• Proven experience in Commercial and Wholesale underwriting.
• Experience preparing and supporting materials for Credit and Policy Committees.
• Strong track record of assessing external market risks and their impact on credit portfolios.
• An analytical, data-driven mindset with the ability to resolve complex business challenges.
• Excellent communication and negotiation skills, with the confidence to interface with senior leaders and global stakeholders.
• Ability to thrive in a fast-paced, collaborative corporate environment.
• Experience using emerging AI/IT tools to streamline data workflows and enhance MI reporting efficiency.
• Experience designing and executing test plans for risk-related change programs.
• Experience designing credit policies, procedures, and underwriting guidelines.

The Company is committed to diversity and equality of opportunity for all and is opposed to any form of less favourable treatment or harassment on the grounds of race, religion or belief, sex, marriage and civil partnership, pregnancy and maternity, age, sexual orientation, gender reassignment or disability. This position is based in Dunton, and it is expected the successful candidate will be able to attend the Dunton Campus for typically 4 days a week and remain flexible on the days they are required to attend the office according to business requirements. As part of our pre-employment checks process, successful candidates will be required to undergo a criminal record check. This will be conducted in line with the Rehabilitation of Offenders Act 1974 and applied only to unspent convictions.