At a Glance
- Tasks: Analyse data to manage credit risk and support sustainable growth in transport.
- Company: Join Lloyds Banking Group, a leader in financial services with a commitment to diversity.
- Benefits: Enjoy flexible working, generous pension contributions, and 28 days holiday plus bank holidays.
- Other info: Opportunity for career growth in a supportive and inclusive environment.
- Why this job: Make a real impact on carbon reduction and shape the future of transport finance.
- Qualifications: Strong numeracy skills and analytical experience; coding knowledge is a plus.
The predicted salary is between 44901 - 49890 £ per year.
We support flexible working options including hybrid working, job share, and reduced hours.
About Us
We're a Credit team supporting the market leaders in Transport through the Blackhorse, Lex Autolease and Tusker businesses within Lloyds Banking Group. We are accountable for over £6bn of lending annually, and £10bn of Residual Value exposure.
Job Description
We use analytics to optimise and improve our strategies and lend safely to our customers. We support the business to deliver safe and sustainable growth, meeting the Group’s stated net zero objectives and ensuring financial risk is contained. It’s an exciting time to join the Transport Credit team as we’re heavily investing in our data and infrastructure to improve our risk management capabilities and you'll help us to shape and deliver this. The Transport portfolio has ambitious plans to grow, digitise and evolve to meet our customers’ needs over the next 3 years. If you want to help the Bank on its journey to be carbon zero by 2030, come and join us.
The role involves interrogating and interpreting internal and external data, developing high quality insight to advise on key risks. The role includes working with a variety of technical and non-technical partners so an ability to present findings, dependent on audience, is key to succeeding in this role. The role covers analytics in:
- Sustainability – working as part of the team to learn, develop and improve Electric Vehicle (EV) strategy, completing analysis to support the LBG Risk Appetite underpinning the 2030 target setting for carbon emissions!
- Residual Value setting oversight – large quantities of data analysed across vehicle types, terms/mileages etc…
- Risk Policy management – review and challenge (responsible for oversight of monthly uploads, highlighting issues, raising with colleagues and presenting changes)
- Portfolio management – providing regular updates on the changing nature of the portfolio
As a senior analyst in the team, junior colleagues will look to you to set a good example in organising your work and continually developing yourself.
The list here gives you information about the qualifications, skills and experience we’re looking for. We don’t expect you to be advanced in them all already, but be prepared to learn on the job and have the motivation to develop.
Essentials
- Strong numerate skills and qualifications (either A-Level or Degree)
- Analytical expertise – practical experience of using analytical software and coding, such as SAS or SQL, and be confident in using Microsoft Office, particularly Excel and PowerPoint.
- Knowledge of Risk and Change Management – an understanding of what credit risk and residual value risk is, and how we manage it.
- Effective Communicator – ability to explain complicated issues clearly to different audiences; technical, non-technical, junior colleagues and senior management; both verbally and non-verbally.
- Enthusiasm for problem solving – When the answer isn’t in the data, sometimes you need to look elsewhere, and this takes a curious, creative attitude and logical thinking to explore the problem and find a solution.
Desirables
- Proficient in PowerBI
- Coaching junior members of the team
- Deputising for Management where required and supporting them to shape initiatives
- Experience in both personal and business lending.
We also offer a wide-ranging benefits package, which includes:
- A generous pension contribution of up to 15%
- An annual performance-related bonus
- Share schemes including free shares
- Benefits you can adapt to your lifestyle, such as discounted shopping
- 28 days’ holiday, with bank holidays on top
- A range of wellbeing initiatives and generous parental leave policies
We’re committed to building a workforce which reflects the diversity of the customers and communities we serve. So, if you’d like to come and work with us in a supportive and exciting credit risk role, we would love to hear from you! Together we make it possible!
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
Senior Transport Credit Risk Analyst – Residual Value Risk in Cardiff employer: Lloyds Bank plc
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in Cardiff that fosters professional growth and collaboration. With a competitive salary package, generous benefits including a robust pension scheme and flexible working options, employees are empowered to thrive both personally and professionally. The company prioritises inclusivity and well-being, ensuring that all team members can achieve their full potential while making a meaningful impact in the SME banking sector.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Transport Credit Risk Analyst – Residual Value Risk in Cardiff
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
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.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Lloyds Bank plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Transport Credit Risk Analyst – Residual Value Risk in Cardiff
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 Lloyds Bank plc.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Lloyds Bank plc'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 Lloyds Bank plc
✨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 Lloyds Bank plc.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Lloyds Bank plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Lloyds Bank plc 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.
