Senior Credit Risk Analyst (9m FTC) in Cardiff

BELONG

There’s no place like Principality. At Principality, belonging isn’t just a value; it’s how we work. When you join us, you’re welcomed into a supportive, inclusive community where your home life, wellbeing, and individuality are genuinely respected. From flexible ways of working to benefits designed around you, we’re committed to helping you feel comfortable, valued, and able to thrive. We believe great work happens when people feel connected to each other, to our purpose, and to the communities we serve. That’s why we encourage balance, invest in wellbeing, and focus on growing and improving together.

There are plenty of reasons to build your career with Principality:

• Flexible hybrid working: Our award-winning approach gives you the flexibility to work from home and from the office. Collaboration matters to us, so you’ll spend at least 8 days per month based in our Cardiff office.
• A truly inclusive workplace: Proudly named in the Inclusive Top 50 UK Employers List, ranked 27th, recognising our ongoing commitment to inclusion and belonging.
• Customer excellence you can be proud of: Winners of Double Gold Awards for Customer Satisfaction at the Fairer Finance Awards for both Savings and Mortgages.
• Engaged, supported colleagues: Our colleague engagement scores consistently exceed 85%, reflecting a positive and supportive culture.
• Wellbeing at the heart of what we do: Our Belong benefits package is designed to put our people first, supporting your physical, mental, and financial wellbeing.

These achievements reflect more than awards; they represent our long-term commitment to creating a workplace where colleagues feel supported and customers feel cared for. When it comes to belonging, there truly is no place like Principality.

We have an exciting opportunity for a Senior Credit Risk Analyst to join us on a 9-month fixed term contract. In this role, you’ll support the development and ongoing maintenance of the Society’s Internal Ratings Based (IRB) systems for Retail Mortgage and Commercial portfolios. You’ll also take responsibility for coordinating and delivering the monthly Management Information (MI) packs to the Credit Model Governance Committee (CMGC) and Model Governance Committee (MGC).

What you’ll be doing:

• Contributing to the development and ongoing maintenance of application and behavioural scorecards, as well as other models within the Retail IRB Ratings System. This includes preparing for and responding to items reviewed by the Model Governance Committee.
• Supporting the development and maintenance of documented procedures that help ensure CRD IV compliance, including regular self-assessment against regulatory requirements and maintaining model documentation to agreed standards.
• Keeping up to date with current and emerging regulatory developments that may impact the Society’s licence to trade, including attending relevant training sessions and conferences.

Technical Skills & Experience:

• Experience using Microsoft Office applications, particularly Excel, Word and PowerPoint.
• Working knowledge of SAS programming and data manipulation techniques.
• Experience of working with large datasets and developing automated processes to support effective information management.
• Experience developing scorecards, models or forecasting approaches.
• Experience of, or familiarity with, governance frameworks and supporting documentation such as policies and standards.
• Experience delivering presentations and/or training to a range of audiences.

Skills & Behaviours:

• Clear written and verbal communication skills.
• Strong organisational skills, including task management, time management and meeting deadlines.
• Well-developed analytical skills, including data analysis and process development.

If this role sounds of interest, we’d love to hear from you! We reserve the right to close this vacancy early should we receive a high volume of applications. If you have any questions in relation to this role, please contact the recruitment team.