At a Glance
- Tasks: Analyse mortgage credit risk strategies and provide insights to support safe lending.
- Company: Join Lloyds Banking Group, the UK's largest mortgage provider, transforming finance.
- Benefits: Competitive salary, generous pension, performance bonuses, and flexible working options.
- Other info: Diverse and inclusive workplace with excellent career growth opportunities.
- Why this job: Make a real impact on sustainable lending while developing your analytical skills.
- Qualifications: Experience in credit risk, strong numeracy, and analytical software skills required.
The predicted salary is between 44901 - 54870 £ per year.
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Agile Working Options: Job Share; Hybrid Working
SALARY: £44,901pa to £54,870pa plus an extensive benefits package.
LOCATION: Leeds, Chester, Birmingham, Halifax, Edinburgh, Newport & Cardiff.
HOURS: 35 hours per week.
WORKING PATTERN: Hybrid, 40% (or two days) in any of the above office hubs.
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.
About working for us: Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop. 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. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.
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
Want to do amazing work that’s meaningful and impacts millions of customers? Join us.
Senior Mortgage Credit Risk Analyst — Hybrid in Newport employer: Lloyds Banking Group
Lloyds Banking Group is an exceptional employer, offering a dynamic work culture that prioritises diversity, equity, and inclusion while fostering employee growth through mentorship and continuous learning opportunities. With a generous benefits package, including a substantial pension contribution and flexible working arrangements, employees can thrive in a supportive environment that values their contributions and promotes a sustainable future in finance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Mortgage Credit Risk Analyst — Hybrid in Newport
✨Tip Number 1
Network like a pro! Reach out to current employees on LinkedIn or attend industry events. A friendly chat can open doors that a CV just can't.
✨Tip Number 2
Prepare for the interview by researching the company’s values and recent projects. Show them you’re not just another candidate, but someone who genuinely cares about their mission.
✨Tip Number 3
Practice your answers to common interview questions, but keep it natural. We want you to sound confident, not rehearsed. Mock interviews with friends can help!
✨Tip Number 4
Don’t forget to follow up after your interview! A quick thank-you email can leave a lasting impression and show your enthusiasm for the role. Plus, it keeps you on their radar.
We think you need these skills to ace Senior Mortgage Credit Risk Analyst — Hybrid in Newport
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Senior Mortgage Credit Risk Analyst role. Highlight your experience in credit risk and any analytical skills that match the job description. We want to see how you can bring value to our team!
Showcase Your Analytical Skills:Since this role involves a lot of data analysis, be sure to showcase your experience with SAS, Excel, or any other analytical tools. We love seeing how you've used these skills to make impactful decisions in your previous roles.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about mortgage credit risk and how your values align with ours at StudySmarter. We want to know what drives you and how you can contribute to our mission.
Apply Through Our Website:Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team!
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 experience you've had. This will show that you're not just familiar with the concepts but can apply them effectively.
✨Show Off Your Analytical Skills
Since this role involves using SAS and Excel daily, be prepared to talk about your experience with these tools. Bring examples of how you've used analytical software to derive insights or solve problems in previous roles. If you can, demonstrate your ability to translate complex data into clear conclusions.
✨Communicate Clearly and Confidently
You'll need to explain complicated issues to various audiences, so practice articulating your thoughts clearly. Think about how you would explain a technical concept to someone without a background in finance. This will highlight your effective communication skills, which are crucial for this role.
✨Be Ready to Lead and Mentor
As a senior analyst, you'll be expected to set an example for junior colleagues. Prepare to discuss your leadership style and any mentoring experiences you've had. Share how you approach coaching others and fostering a collaborative team environment, as this aligns with the company's values.
