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- Tasks: Join our credit risk team to analyse and enhance financial strategies.
- Company: A prestigious UK bank with over 150 years of heritage, focused on underserved mortgage markets.
- Benefits: Enjoy a salary up to £70,000, bonuses, hybrid work, and generous leave.
- Why this job: Be part of a dynamic team making impactful financial decisions in a supportive culture.
- Qualifications: 3+ years in credit risk, strong analytical skills, and proficiency in SAS/SQL required.
- Other info: Collaborate with senior stakeholders and contribute to strategic financial insights.
The predicted salary is between 42000 - 70000 £ per year.
This is an exciting new opportunity to take on a core role within the portfolio credit risk team working across stress testing and working closely with senior stakeholders.
THE COMPANY
The company is a UK listed bank supporting underserved segments of the mortgage market with over 150 years heritage and is a FTSE 250 bank. They deliver specialist lending and retail savings through industry leading brands.
THE ROLE
- Refine and strengthen the existing framework for conducting independent, top-down reviews of provision adequacy, evaluating the effectiveness of the Group’s IFRS 9 methodology in capturing risks across diverse business segments.
- Lead the independent evaluation of the bank’s Expected Credit Losses (ECL), integrating a broad range of external risk factors and delivering actionable analysis to support strategic decisions aligned with financial performance targets.
- Perform horizon scanning to identify emerging or overlooked risks—whether portfolio-specific or macroeconomic—that may not be fully reflected in the current IFRS 9 modelling, potentially affecting profitability or long-term viability.
- Contribute to the stress testing team by supporting insights from provision adequacy reviews to enhance the realism and relevance of stressed scenarios.
- Collaborate with cross-functional teams, including Finance and Solvency Risk, offering expert-level credit risk analysis and insights to inform broader business decisions.
YOUR SKILLS AND EXPERIENCE
- 3 + years of experience.
- Credit risk experience in Capital or Impairment requirements and Stress Testing.
- Knowledge across the end-to-end Credit Risk Lifecycle.
- Stakeholder engagement skills.
- SAS/SQL knowledge is essential.
- A strong numerate degree.
- Excellent written and verbal communication.
THE BENEFITS
- A salary of up to £70,000.
- 15% bonus.
- 28 days + bank holidays.
- Generous pension.
- Life assurance.
- Access to private medical insurance and medical cash plan.
- Hybrid working scheme.
HOW TO APPLY
Please register your interest by sending your CV to Gaby Adamis via the Apply link on this page.
Senior Credit Risk Analyst employer: Harnham
Contact Detail:
Harnham Recruiting Team
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, particularly around IFRS 9 and ECL methodologies. This will not only help you understand the role better but also allow you to engage in informed discussions during interviews.
✨Tip Number 2
Network with professionals in the banking and finance sector, especially those who work in credit risk. Attend industry events or webinars to build connections that could provide insights or even referrals for the position.
✨Tip Number 3
Prepare to discuss your experience with stress testing and stakeholder engagement in detail. Think of specific examples where you've successfully navigated complex situations or contributed to significant projects in your previous roles.
✨Tip Number 4
Brush up on your SAS and SQL skills, as these are essential for the role. Consider taking a short course or working on relevant projects to demonstrate your proficiency and readiness to tackle the technical aspects of the job.
We think you need these skills to ace Senior Credit Risk Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities and requirements of the Senior Credit Risk Analyst position. Tailor your application to highlight relevant experience in credit risk, stress testing, and stakeholder engagement.
Craft a Tailored CV: Your CV should reflect your 3+ years of experience in credit risk and include specific examples of your work with IFRS 9 methodology and ECL evaluations. Use clear headings and bullet points to make it easy for recruiters to find key information.
Write a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Highlight your skills in SAS/SQL and your strong numerate degree. Make sure to connect your past experiences with the job requirements outlined in the description.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any spelling or grammatical errors. A polished application reflects your attention to detail, which is crucial for a role in credit risk analysis.
How to prepare for a job interview at Harnham
✨Know Your Numbers
As a Senior Credit Risk Analyst, you'll need to demonstrate your strong numerate skills. Brush up on key metrics related to credit risk, such as Expected Credit Losses (ECL) and IFRS 9 methodology, so you can discuss them confidently during the interview.
✨Showcase Your Stakeholder Engagement Skills
This role involves collaborating with senior stakeholders and cross-functional teams. Prepare examples of how you've successfully engaged with stakeholders in the past, highlighting your communication skills and ability to influence decisions.
✨Prepare for Technical Questions
Expect technical questions related to credit risk, stress testing, and the end-to-end Credit Risk Lifecycle. Review your knowledge of SAS/SQL and be ready to explain how you've applied these tools in your previous roles.
✨Demonstrate Strategic Thinking
The company is looking for someone who can provide actionable analysis to support strategic decisions. Be prepared to discuss how you've identified emerging risks and contributed to strategic planning in your previous positions.
