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For Companies At a Glance
- Tasks: Lead credit risk analysis, build smarter models, and support inclusive lending decisions.
- Company: Join a rapidly growing mortgage provider in the UK, committed to responsible lending.
- Benefits: Enjoy a hybrid work environment and a competitive salary of up to £70K.
- Why this job: Make a real impact on people's lives while working in a dynamic, supportive culture.
- Qualifications: Significant experience in credit risk analysis, with strong technical skills in Python and SQL.
- Other info: Ideal for those passionate about designing solutions for complex financial situations.
The predicted salary is between 42000 - 98000 £ per year.
Job Description
MERJE is seeking a talented Lead Credit Risk Analyst for a leading Mortgage provider in the UK.
Having grown over 150% YoY in 2024, they are now hiring a Lead Credit Risk Analyst to help them continue growing responsibly and compassionately – blending data-driven insight with an understanding of real people's lives.
Location: London (Very Hybrid)
Salary: Up to £70K
The Role
As a Lead credit Risk Analyst , you would be reporting to the Head of Propositions and you'll be a key member of the1st line credit function, shaping how they evaluate and support customers with more complex financial stories. This includes building smarter risk models, improving affordability assessments, and ensuring lending decisions are inclusive without compromising on credit quality.
Key Responsibilities:
- Using credit bureaus and non-conventional data sources to analyse near-prime
mortgage performance to identify trends, risks, and opportunities to expand access
safely
- Work with colleagues in credit, underwriting and product to evolve criteria and
propositions that recognise complexity e.g., variable income, minor credit issues, or
self-employment
- Help maintain credit scoring models and affordability tools that are both robust
and human-centred
- Develop clear reporting to monitor portfolio health and highlight areas for continuous
improvement
- Support the risk assessment process for forward flow partners and funder reporting
Contribute to scenario testing and stress analysis, ensuring our approach remains
resilient in different market conditions
- Keep up to date with UK mortgage regulation, consumer duty requirements, and
emerging risks impacting underserved borrowers
- Act as an advocate for balanced, evidence-led credit decisioning that reflects the
realities of modern life
Required knowledge and experience:
- Significant experience in credit risk analysis or modelling, ideally in UK mortgages and
complex or near-prime lending
- Deep understanding of how to assess and manage credit risk across complex customer
types
- Strong technical skills – familiarity with Python and SQL a plus
Experience developing credit scorecards, PD/LGD models, and affordability
assessments
- Knowledge of UK affordability rules and regulatory landscape (FCA, PRA, Consumer
Duty)
- Comfortable working independently and taking ownership, both iterating pre-existing
work and starting from a blank slate
- Ability to clearly communicate your analyses and models in writing, verbally and
through appropriate visualisations
- Empathy and curiosity – you're excited to help design solutions for real people, not just
Models
If you're an experienced Credit Risk Analyst looking for a fast-paced role in a mortgage business, we want to hear from you. Apply now to take the next step in your career!
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Applicants must be located and eligible to work in the UK without sponsorship.
Lead CR Analyst employer: MERJE Ltd
Contact Detail:
MERJE Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Lead CR Analyst
✨Tip Number 1
Network with professionals in the mortgage and credit risk sectors. Attend industry events or webinars to connect with potential colleagues and learn about the latest trends. This can give you insights into what the company values and help you tailor your approach.
✨Tip Number 2
Familiarise yourself with the latest UK mortgage regulations and consumer duty requirements. Being well-versed in these areas will not only boost your confidence but also demonstrate your commitment to responsible lending practices during interviews.
✨Tip Number 3
Showcase your technical skills, especially in Python and SQL, through practical examples. Consider preparing a small project or case study that highlights your ability to develop credit scorecards or affordability assessments, as this will set you apart from other candidates.
✨Tip Number 4
Prepare to discuss real-life scenarios where you've successfully navigated complex credit risk situations. Use these examples to illustrate your empathy and curiosity about helping customers, which aligns with the company's mission of compassionate lending.
We think you need these skills to ace Lead CR Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in credit risk analysis, particularly in UK mortgages and complex lending. Use specific examples that demonstrate your ability to develop credit scorecards and affordability assessments.
Craft a Compelling Cover Letter: Write a cover letter that showcases your understanding of the role and the company. Emphasise your empathy and curiosity about helping customers with complex financial stories, and how your skills align with their mission.
Highlight Technical Skills: Clearly outline your technical skills, especially your familiarity with Python and SQL. Provide examples of how you've used these skills in previous roles to analyse data or develop models.
Showcase Communication Skills: Demonstrate your ability to communicate complex analyses clearly. Include examples of how you've presented findings in writing or through visualisations, as this is crucial for the role.
How to prepare for a job interview at MERJE Ltd
✨Showcase Your Technical Skills
As a Lead Credit Risk Analyst, you'll need to demonstrate your proficiency in Python and SQL. Be prepared to discuss specific projects where you've used these skills to develop credit scorecards or risk models.
✨Understand the Regulatory Landscape
Familiarise yourself with UK mortgage regulations, including FCA and PRA guidelines. During the interview, highlight your knowledge of these regulations and how they impact credit risk assessment.
✨Communicate Clearly and Effectively
You’ll need to convey complex analyses in a clear manner. Practice explaining your previous work and findings in simple terms, using visual aids if possible, to show your ability to communicate effectively with non-technical stakeholders.
✨Demonstrate Empathy and Curiosity
This role requires a human-centred approach to credit decisioning. Share examples of how you've designed solutions that consider real people's financial situations, showcasing your empathy and curiosity about customer needs.
