Credit Risk Analyst

We're looking for a Senior Credit Risk Analyst to join N Brown Group. This role sits within the Credit Risk team, supporting the development of the lending strategy to drive long‑term, sustainable profit from our Financial Services offering. This will be achieved through the monitoring of the existing strategy, working alongside the team to identify opportunities for changes ensuring good outcomes for customers and the business. You'll join a team guided by the Head of Portfolio Risk and Collections who is responsible for credit limit management, risk based pricing, collections strategy and portfolio risk management, including IFRS9 modelling. The role is ideally suited to an experienced analyst in a Credit Risk team who is looking for a new opportunity in a growing, fast‑paced organisation.

Responsibilities:

• Production of complex ad‑hoc analysis, providing timely conclusions and recommendations to support the Credit Risk team.
• Support in the planning, testing and implementation of strategy changes within the credit risk decision engine.
• Development of new monitoring, as well as the accurate and timely production of regular MI, including insight into these reports for senior management.
• Creation and undertaking of analysis to monitor the group’s lending strategies and risk decision systems to ensure these are working as expected.
• Drive continuous improvement through the identification of opportunities to enhance the existing customer strategy.
• Represent the Credit Risk team across cross‑functional projects.
• Build effective collaborations with other Credit Risk Managers and Analysts to ensure monitored metrics are a suitable measure of current risks.
• Provide support with the month‑end IFRS9 process, to investigate any changes in customer behaviour impacting inputs or outputs to the model.

Qualifications:

• Previous experience working as an analyst in a Credit Risk team, utilising SQL and Microsoft Excel to an advanced level.
• Highly analytical with strong technical skills and a focus on accuracy and attention to detail.
• Self‑motivated with the ability to work independently in a responsible manner, seeking advice when appropriate.
• Proven planning and organisation skills to manage multiple requirements, prioritise work and meet demanding deadlines with minimal supervision.
• Comfortable extracting and analysing large datasets using SQL.
• Strong written and verbal communication skills, including the ability to convey complex information clearly and confidently.
• Collaborate effectively by building good business relationships with peers across the business.
• Self‑starter who takes initiative and can work with ambiguity.
• Demonstrated ability to solve problems through logical thinking.
• Knowledge of the existing N Brown IFRS9 model and its components.

Desirable Qualifications:

• Experience of working with an IFRS9 model.
• Experience in credit risk model development.
• Experience in a credit risk team for an online retail lender.

About N Brown:

N Brown is a leading UK digital retail platform for clothing, footwear, home and technology, headquartered in Manchester and employing over 1,200 people nationwide. Through our strategic retail brands JD Williams, Jacamo and Simply Be and our unique payments offering, we exist to champion inclusivity and serve the underserved. We take great pride in delivering products that ensure our customers can look and feel amazing, without compromising on choice, value and accessibility. We are committed to building a diverse workforce and creating an inclusive environment that values equality for all. In May 2024 we were named one of The Sunday Times Best Places to Work 2024.

Ways of Working:

• Hybrid working (3 days in the office at a minimum).
• 24 days holiday (+ 8 bank holidays).
• Annual bonus scheme.
• Enhanced maternity and adoption leave.
• Company pension with up to 8% N Brown contribution.
• Mental Health support internally and externally, including access to wellbeing champions and counselling services.
• Financial wellbeing support: Stream – a financial wellbeing tool that helps you track your pay, access earnings early and manage your money with confidence.
• Colleague discount across all N Brown brands.
• Onsite café with subsidised rates and local restaurant discounts.
• Life Assurance and Private Medical Insurance.
• Paid volunteer time – a full day paid to volunteer for a charity of your choice.
• Working hours are 36.17 per week with core hours between 10 am – 4 pm, allowing flexible patterns.