At a Glance
- Tasks: Lead financial analysis and support provision outputs for a sustainable future.
- Company: Award-winning UK bank focused on growth and employee wellbeing.
- Benefits: Generous holiday allowance, share save scheme, and profit-related pay.
- Other info: Hybrid working with a commitment to diversity and inclusion.
- Why this job: Join a friendly team and make a real impact in finance.
- Qualifications: Strong experience in IFRS 9 impairment and analytical skills.
The predicted salary is between 50000 - 60000 £ per year.
Let’s grow together! A Platinum Investors in People employer and an award-winning UK bank, focused on growth. Our customers include savers and businesses across the UK and, working together, we use our specialist expertise to help them achieve their ambitions and build a sustainable future. If you’re an experienced Financial Analyst looking for an opportunity to grow in a friendly environment, we’re looking for you!
About The Role
We’re flexible, inclusive, committed to your wellbeing and passionate about you reaching your potential. Let’s grow together …
What You’ll Be Doing
- Lead analysis of monthly and quarterly provision movements, identifying the key drivers across portfolio mix, credit performance, model behaviour, macroeconomic assumptions and overlays.
- Support the preparation, control and interpretation of provision outputs and related financial postings, ensuring reported numbers are robust, explainable and appropriately governed.
- Monitor developments in accounting, regulatory and market practice and assess their relevance to the Group’s ECL framework, including emerging themes that may need to be reflected over time.
- Work closely with Credit Risk and other stakeholders to understand portfolio performance, key assumptions and changes that may affect provision outcomes.
- Support and influence model validation, audit and governance activity by providing clear analysis, documentation and responses to challenge.
About You
What you’ll bring to the team
- Strong experience in IFRS 9 impairment, with a practical understanding of how PD, LGD, EAD, staging and scenarios combine to produce ECL outcomes.
- Ability to analyse and clearly explain provision movements, model behaviour and emerging risks to Finance, Risk and senior stakeholders.
- Good understanding of model governance, validation and controls, and the confidence to respond constructively to challenge.
- Awareness of how provision models interact with wider frameworks (e.g., stress testing / regulatory models), and the ability to take a holistic view of risk.
- Strong analytical capability (SQL / Excel) combined with sound judgement and a clear sense of ownership for outputs.
Even if you don’t meet all the criteria, we encourage you to apply. At Paragon, we value diversity and we’re excited to hear from passionate individuals like you! If you’re ready to contribute to the team, please apply.
Further information on the role can be found in the Purpose and Performance Profile (PPP), which is downloadable on this page. Please note, applicants must have the right to work in the UK. We do not offer visa sponsorship.
Working hours
Hybrid working – 37.5 hours per week, Monday to Friday.
Inclusion
As a Disability Confident Employer, we want to ensure that our vacancies are accessible for everyone. If you have a disability, long term health condition or are neurodiverse and need us to adjust our recruitment process please get in touch with our recruitment team.
What can we offer you?
- Generous Holiday Allowance: Starting from 25 days and climbing to 30, you also get to enjoy a day off for your birthday, Christmas Eve, and New Year’s Eve. You can also buy or sell up to a week’s leave.
- Share Save Scheme: Annually, you have the opportunity to buy shares in Paragon at a discounted rate.
- Profit Related Pay: We share some of our annual profit with our eligible employees.
- Pension Plan: We contribute up to 10% of your annual salary towards your pension.
- Family Friendly policies: We offer enhanced parental pay and paid time off for fertility treatment.
- Employee Discounts: Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more.
- Volunteering Day: Contribute to causes you care about with one volunteering day per year.
- Life Assurance and Personal Accident Cover.
Senior Financial Analyst employer: Paragon Banking Group PLC
At Paragon, we pride ourselves on being a Platinum Investors in People employer, offering a supportive and inclusive work environment where your growth is our priority. With generous benefits such as a competitive holiday allowance, profit-related pay, and a strong commitment to employee wellbeing, we empower our team members to thrive both personally and professionally. Join us in making a meaningful impact while enjoying the unique advantages of working at an award-winning UK bank dedicated to building a sustainable future.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Financial Analyst
✨Tap into Campus Networks
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We think you need these skills to ace Senior Financial Analyst
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Paragon Banking Group PLC.
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How to prepare for a job interview at Paragon Banking Group PLC
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Paragon Banking Group PLC.
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Since this is a full-time position, employers at Paragon Banking Group PLC will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Paragon Banking Group PLC employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
