At a Glance
- Tasks: Analyse credit risk and provide insights to support safe lending strategies.
- Company: Join Lloyds Banking Group, a leader in financial services transformation.
- Benefits: Competitive salary, extensive benefits, hybrid working, and career development opportunities.
- Other info: Exciting opportunity for growth in a diverse and supportive environment.
- Why this job: Be part of a team driving sustainable lending and making a real impact.
- Qualifications: Experience in credit risk analysis and strong analytical skills required.
The predicted salary is between 44901 - 54870 € per year.
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About us
Do you want to be part of the largest transformation in financial services in a generation? Lloyds Banking Group is investing over £2bn pounds in delivering growth over the next 3 years, including considerable investment in our transformation to a data and technology led organisation. We're the UK’s biggest mortgage provider in the market, lending in excess of £300 billion to help our customers buy homes. Mortgage Credit Risk are responsible for the lending strategy, risk appetite, portfolio insight and performance monitoring of the Retail mortgage portfolio, covering Residential and Buy To Let loans across all brands. Our team purpose is to deliver responsible and sustainable lending to help customers buy a home. We do this by taking ownership to act, while supporting each other and valuing difference. This is key in Helping Britain Prosper.
You will be part of a collaborative team delivering insight through analytics to help manage the risks associated with our mortgage lending. We’re continually using our knowledge and analytics to improve credit decisions and maximise the efficiency of the credit decisioning systems. We oversee key aspects of the portfolio to ensure we’re acting in the best interests of our customers, and we support the business to deliver safe and sustainable growth.
As a senior credit risk analyst on the team, you will use a variety of analytical approaches to provide technical insight on the Mortgage Credit Risk strategies. You will scope, define, and deliver analysis to support the team goals, using SAS or Excel daily to interrogate complex data and translate outputs into meaningful conclusions. You will form relationships with the wider Risk team and 1st line business areas, providing technical leadership and mentoring to junior analysts in the team. It’s an exciting time to be joining the Mortgages team. The Group has set out its ambitions to become a market leader in low emissions and sustainability and mortgages are a key part of that plan. If you want to support the Bank on its journey to be carbon zero by 2030, come and join us.
What are we looking for?
You’ll need to have experience in credit risk and have the analytical skills to deliver insights and proposals to ensure we continue to lend safely. 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, as well as coaching and supporting others.
- Essentials
- Demonstrable experience in credit risk and change management – an understanding of what credit risk is and how we manage it with strategies and scorecards.
- Strong numerate skills and qualifications – a degree (or equivalent) in a numerate subject with knowledge of advanced analytical techniques.
- Analytical expertise – practical experience of using analytical software and coding, such as SAS, and be confident in using Microsoft Office, particularly Excel and PowerPoint.
- Logical and analytical mindset – the ability to work quickly and at a high level of detail and accuracy.
- Effective communicator – ability to explain complicated issues clearly to different audiences; technical, non-technical, junior colleagues and senior management; both verbally and non-verbally.
What will you get in return?
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!
Senior Credit Analyst in Newport employer: Lloyds Banking Group
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment that fosters collaboration and innovation in the financial services sector. With a strong commitment to employee growth, you will have access to extensive training and mentoring opportunities, particularly as a Senior Credit Analyst, while enjoying a hybrid working model that promotes work-life balance across multiple vibrant locations including Leeds, Birmingham, and Edinburgh. Join us in our mission to deliver responsible lending and support sustainable growth, all while being part of a diverse team that values your contributions and encourages personal development.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Analyst in Newport
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or attend industry events. Building connections can give you insider info about the company and even lead to referrals.
✨Tip Number 2
Prepare for the interview by researching the company’s recent projects and values. Show us that you’re not just interested in the role, but also in how you can contribute to their mission of sustainable lending.
✨Tip Number 3
Practice your analytical skills before the interview. Be ready to discuss how you’ve used data to make decisions in past roles. We want to see your thought process and how you tackle complex problems.
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can keep you top of mind and show us that you’re genuinely interested in joining our team.
We think you need these skills to ace Senior Credit Analyst in Newport
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Credit Analyst role. Highlight your experience in credit risk and analytical skills, and don’t forget to mention any relevant software expertise like SAS or Excel.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background aligns with our mission at Lloyds Banking Group. Keep it concise but impactful!
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, be sure to include specific examples of how you've used analytical techniques in past roles. This will help us see your problem-solving abilities in action.
Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s straightforward and ensures your application goes directly to us, so we can review it promptly!
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Credit Risk Inside Out
Make sure you brush up on your understanding of credit risk management. Be ready to discuss how strategies and scorecards work in practice, as well as any relevant experiences you've had. This will show that you're not just familiar with the theory but can apply it effectively.
✨Show Off Your Analytical Skills
Since this role involves using SAS and Excel daily, be prepared to talk about specific projects where you've used these tools. Bring examples of how your analytical expertise has led to meaningful insights or improvements in previous roles. This will demonstrate your hands-on experience and problem-solving abilities.
✨Communicate Clearly and Confidently
Practice explaining complex concepts in simple terms. You might be asked to present your ideas to both technical and non-technical audiences, so being able to adapt your communication style is key. Think of examples where you've successfully communicated difficult information in the past.
✨Emphasise Team Collaboration
This role requires working closely with junior analysts and other teams. Be ready to share examples of how you've mentored others or contributed to a team environment. Highlighting your collaborative spirit will show that you align with their values of supporting each other and valuing differences.
