Transport Credit Risk Analyst – Residual Value Risk in Birmingham

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Agile Working Options: Job Share; Reduced Hours; Flexibility in when hours are worked; Hybrid Working

LOCATION(S): Newport / Birmingham / Chester / Halifax or Leeds

HOURS: Full-time working 35 hours per week

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

About this Opportunity: Would you like a job where responsible lending and cars go hand in hand? We have an exciting opportunity for an analyst to join our team. We’re accountable for over £6bn of lending annually, and £10bn of Residual Value exposure. We produce insight through analytics to make sure we lend safely to our customers and continually improve our credit and residual value strategies to optimise our decisions. We use analytics to optimise, improve and oversee the Transport portfolio’s and ensure we’re making the correct Residual Value decisions for both the bank and 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 our journey to be carbon zero by 2030, come and join us.

You’ll be involved in interrogating and interpreting internal and external data, developing high quality insight to advise on key risks. You’ll also be 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.

Analytics responsibilities include:

• 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 update on the changing nature of the portfolio

What you’ll need:

• Strong numerate skills and qualifications (either A-Level, Degree or equivalent)
• Practical experience using Microsoft Office – confident in using Excel and PowerPoint to manipulate and present data.
• Accuracy and attention to detail – you’ll need to work swiftly and efficiently to review data and perform testing of system changes
• Effective Communicator – ability to explain complicated issues clearly to different audiences; 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.
• Organisation & Time Management – proven ability to work well within a team environment without the need for close supervision and showing good time management and planning/organisation skills

And any experience of these would be really useful:

• Knowledge and experience of Credit Risk and Change Management
• Practical experience of using analytical software and coding, such as SAS or SQL and PowerBI.

About working for us: Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Private medical benefit with BUPA
• Share schemes
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 24 days’ holiday (increases over time), with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies
• Salaries are reviewed annually on 1 April as part of our annual pay review

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.