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- Tasks: Drive insights on credit risk strategies and monitor market trends.
- Company: Join a Midlands-based client focused on strategic growth and analytical expertise.
- Benefits: Enjoy hybrid working options and competitive salary up to £55K.
- Why this job: Be part of a dynamic team making impactful decisions in credit risk management.
- Qualifications: Proficiency in SQL, Python, SAS, or R; knowledge of credit risk topics required.
- Other info: Applicants must be eligible to work in the UK without sponsorship.
The predicted salary is between 39600 - 66000 £ per year.
Senior Credit Risk Modelling Analyst – Midlands (Hybrid)- up to £55K
A Midlands based Client is looking to grow their team and bring on a Senior Credit Risk Modelling Analyst. This role will be pivotal in bringing strategic and analytical expertise to the team and wider business.
The Senior Credit Risk Analyst is responsible for driving insight on credit risk strategies using varying data approaches; regularly monitoring key trends in the portfolio and the wider market and identifying risks that operate with them; and analysing and presenting reports to stakeholders. This role also supports a variety of risk management activities including credit decisioning and impairment models.
Key Responsibilities
- Regularly monitor key trends in the credit performance of new and existing borrowers, identifying risks and opportunities, early warning signs and proposing appropriate actions.
- Monitor key trends in the wider market and identifying the risks that operate within them.
- Ownership of MI projects, developing new MI to enable strategic decision-making ensuring requirements are met and analysis is accurate.
- Develop and maintain credit risk models to assess the probability of default, loss given default, and exposure at default.
Key Requirements
- In depth knowledge of standard and advanced analytical techniques.
- Knowledge and confidence using SQL, Python, SAS and / or R.
- Knowledge of a variety of risk management topics such as IFRS9, IRB, Climate risk, and automated credit decisioning.
- Understanding of Credit Reference Agency data and uses in portfolio monitoring.
- Awareness of the Regulations incl EBA Capital Requirements, Mortgage Credit Directive, FCA Mortgage conduct of business, GDPR and PRA Supervisory Statements.
- In depth understanding of IFRS 9 accounting standard and impairment modelling.
- Strong critical thinking, interpretation, and facilitation skills.
- Excellent problem solving and decision-making skills.
If interested, send your CV to nmohamed@merje.com
Applicants must be located and eligible to work in the UK without sponsorship. Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website. If you would like this job advertisement in an alternative format, please contact MERJE directly.
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Senior CR Analyst employer: MERJE
Contact Detail:
MERJE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior CR Analyst
✨Tip Number 1
Familiarise yourself with the latest trends in credit risk management and analytics. Being able to discuss current market conditions and how they impact credit strategies will show your expertise during any interviews.
✨Tip Number 2
Brush up on your SQL, Python, SAS, and R skills. Practical demonstrations of your technical abilities can set you apart from other candidates, so consider working on a small project or case study to showcase your proficiency.
✨Tip Number 3
Network with professionals in the credit risk field. Attend industry events or join relevant online forums to connect with others who can provide insights or even refer you to opportunities within their organisations.
✨Tip Number 4
Prepare to discuss your experience with IFRS 9 and impairment modelling in detail. Be ready to explain how you've applied these concepts in previous roles, as this knowledge is crucial for the position.
We think you need these skills to ace Senior CR Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the job description. Emphasise your knowledge of credit risk modelling, analytical techniques, and any specific tools like SQL, Python, or SAS.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for credit risk analysis and your understanding of the key responsibilities outlined in the job description. Mention specific examples of how you've successfully monitored credit performance or developed risk models in the past.
Highlight Relevant Skills: In your application, clearly outline your proficiency in analytical techniques and your familiarity with regulations such as IFRS 9 and GDPR. This will demonstrate your capability to handle the responsibilities of the role effectively.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects attention to detail, which is crucial for a role that involves data analysis and reporting.
How to prepare for a job interview at MERJE
✨Showcase Your Analytical Skills
As a Senior Credit Risk Modelling Analyst, your analytical skills are crucial. Be prepared to discuss specific examples of how you've used SQL, Python, or R in previous roles to drive insights and make data-driven decisions.
✨Understand the Regulatory Landscape
Familiarise yourself with relevant regulations such as IFRS 9 and EBA Capital Requirements. During the interview, demonstrate your understanding of how these regulations impact credit risk management and decision-making.
✨Prepare for Technical Questions
Expect technical questions related to credit risk models and analytical techniques. Brush up on your knowledge of probability of default, loss given default, and exposure at default, and be ready to explain these concepts clearly.
✨Communicate Effectively with Stakeholders
Since you'll be presenting reports to stakeholders, practice articulating complex information in a clear and concise manner. Highlight your experience in facilitating discussions and making strategic recommendations based on your analyses.
