At a Glance
- Tasks: Analyse credit portfolios and drive smart decision-making for business success.
- Company: Ikano Bank, a values-driven organisation focused on teamwork and innovation.
- Benefits: Competitive salary, annual social day, and favourable product conditions.
- Other info: Collaborative environment with opportunities for growth and transformation.
- Why this job: Make a real impact on credit strategies and optimise portfolio performance.
- Qualifications: 2+ years in credit risk or analytics; strong analytical skills required.
The predicted salary is between 60000 - 75000 £ per year.
Full-time. At Ikano Bank, we believe work should feel meaningful and inspiring. We create a great place to work where people are encouraged to be the best they can be, contributing to a better life for our customers and the long‑term success of the bank, guided by Swedish values of common sense, simplicity, teamwork and daring to be different.
In the Credit function you will help build a strong, responsible bank by setting smart credit strategies and promoting prudent risk management. You will support the business to grow safely, confidently and make a positive impact through sound decision‑making.
Purpose of the Job
Make a real impact on how credit decisions shape business success. In this role you’ll dive deep into portfolio performance, uncover key drivers of risk and profitability within the UK market, and turn data into clear actionable insights. You’ll play a central part in continuously improving portfolio outcomes by spotting trends early and ensuring those signals directly influence smarter credit decisions, sharper pricing strategies and more effective collections.
Responsibilities
- Monitor and analyze credit portfolio performance for the UK market across the full lifecycle (origination, back book and collections).
- Track and report key KPIs (approval rates, PD mix, DPD 1+, NPLs, write‑offs, recoveries) and highlight deviations from targets.
- Support closed‑loop portfolio steering by identifying performance signals and proposing corrective actions across decisioning, pricing and treatment strategies.
- Perform detailed analyses on portfolio segments, customer behaviour and risk drivers to support optimisation initiatives.
- Assist in the monitoring and optimisation of credit decision engines, including rule performance tracking and testing support.
- Contribute to back‑book performance management through early warning analysis and identification of risk trends.
- Support the refinement of collection strategies in collaboration with NPL and Operations teams.
- Prepare regular reports, dashboards and presentations for internal stakeholders and governance forums.
- Collaborate with cross‑functional stakeholders (Credit, Commercial, Finance, Risk, Digital) at both local and central level.
- Support ongoing projects and transformation initiatives, including automation, data improvements and analytical enhancements.
Qualifications
Education Level: Bachelor’s Degree.
Experience / Competencies
- 2+ years of experience in credit risk, analytics, portfolio management or a related field.
- Technical skills (SQL, Python, BI tools) are a strong plus.
- Exposure to financial services or lending business is preferred.
- Experience in KPI monitoring, reporting or analytical problem solving.
- Experience working in cross‑functional or international environments is a plus.
Language Competencies
- Fluency in English.
- Further language competencies are advantageous.
Knowledge required
- Understanding of banking business, especially lending products and UK market‑specific characteristics.
- Knowledge of credit granting processes, credit risk metrics (PD, delinquency, NPL) and portfolio steering concepts.
- Familiarity with credit decisioning processes, scoring models and lifecycle portfolio management.
- Understanding of fundamental regulations, guidelines and compliance requirements in credit risk and lending.
- Awareness of governance structures within the Credit function.
- Knowledge of collections processes, credit bureaus and external service providers in the credit ecosystem.
- Ability to work with large and complex datasets to generate meaningful analysis and insights.
- Awareness of cross‑market portfolio dynamics and scalability considerations for future market expansion.
- Knowledge of collections processes, early warning signals and NPL dynamics.
- Proficiency in analysing large datasets, using BI tools and leveraging insights for strategy.
- Awareness of advanced risk technologies and digital transformation initiatives.
Capabilities for this job
- Strong analytical skills with the ability to translate data and numbers into actionable recommendations.
- High attention to detail and quality, ensuring robust and reliable analyses for stakeholders.
- Ability to identify risks, inefficiencies and growth barriers within the credit portfolio and propose solutions.
- Structured and efficient working style, delivering clear insights with pragmatic approaches.
- Ability to work both independently and collaboratively in cross‑functional and multi‑market environments.
- Good communication skills, enabling clear and effective interaction with different stakeholders.
- Capability to support decision‑making through data analysis, reporting and structured problem solving.
- Ability to balance routine performance monitoring with participation in projects and improvement initiatives.
What motivates you?
- Passion for data‑driven credit risk analysis and portfolio optimisation.
- Open‑mindful and flexible towards a broad range of tasks within credit risk and portfolio analytics.
- Collaborative, with a strong sense of ownership and team spirit across local and international stakeholders.
- Proactive mindset with a continuous drive to identify and implement process improvements.
- Curiosity and motivation to understand portfolio performance drivers and contribute to meaningful business impact.
Benefits & Compensation
Salary (per annum): According to the market.
Ikano Bank Benefits: Annual Social Day for all Employees. Favourable Conditions for Ikano Bank Products.
Application Details
Applications Close Date: 31 Jul 2026. We look forward to hearing from talented professionals ready to grow with us.
Credit Portfolio Analyst - United Kingdom in Nottingham employer: Ikano Bank
At Ikano Bank, we foster a vibrant work culture that prioritises meaningful contributions and personal growth. Our employees enjoy competitive salaries, unique benefits like an Annual Social Day, and the opportunity to collaborate across diverse teams, all while embodying our Swedish values of simplicity and teamwork. Join us in making impactful credit decisions that drive success for both our customers and the bank.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Portfolio Analyst - United Kingdom in Nottingham
✨Tap into Campus Networks
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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We think you need these skills to ace Credit Portfolio Analyst - United Kingdom in Nottingham
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Ikano Bank.
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Research and Reflect:Before hitting that 'apply' button on Ikano Bank's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Ikano Bank
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Ikano Bank.
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✨Network with Industry Professionals
Before your interview, reach out to current or former Ikano Bank employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
