Senior Credit Risk Analyst (In-life lending)

Internal use only – Grade F
About us

We are The Very Group and we\’re here to help families get more out of life. We know that our customers work hard for their families and have a lot to balance in their busy lives. That\’s why we combine amazing brands and products with flexible payment options on Very.co.uk to help them say yes to the things they love. We\’re just as passionate about helping our people get more out of life too; building careers with real growth, a sense of purpose, belonging and wellbeing.
About the team

You will work in the Existing Customer Management team within Credit Risk which is a team of 6 (Credit Risk department consists of circa 60 FTE), working on multiple priorities within a fast-paced, dynamic environment.

Our team is responsible for managing all in-life lending decisions, including credit limit assessments, systematic order authorisation, and ensuring accurate customer pricing aligned with the EAP framework. The role focuses on continuous optimisation these decisions by leveraging innovative data sources and advanced techniques.

Following an internal mover, we\’re looking for someone to join the team to add further experience and fresh ideas of help enhance our established strategies and ways of working.
About the Role

As a Senior Credit Risk Analyst, you will be making the best use of the increasing amount of data available to make more informed decisions for our financial services business.

Reporting to the Senior Credit Risk Manager, you will collaborate closely with the business to ensure timely and effective decision-making. Your role will involve optimising lending strategies, delivering performance analytics on customer behaviour, identifying opportunities to refine our strategies, and implementing systemic changes to bring these enhancements to life.

Using your expertise, you\’ll provide actionable insights that balance customer outcomes with commercial objectives, presenting your recommendations in a clear, compelling, and impactful manner to senior stakeholders.

You\’ll need to effectively manage stakeholder expectations while prioritising your own workload to ensure you\’re consistently delivering value to both our customers and the business. Additionally, you\’ll have the chance to collaborate with our trusted third-party partners-whether that\’s implementing our strategies or exploring new and exciting opportunities for growth.

You\’ll be surrounded by the best talent across Financial Services and the wider group – working collaboratively to fulfil the ambitions of the business and the Credit Risk Strategy Department.
About you

Our main priority is finding the right candidate, so we\’d love to hear from you even if you don\’t feel you meet every single requirement.

• You\’re curious, analytical and logical by nature with a keen eye for detail.
• You\’re degree educated (and/or) have practical experience in a similar type of role
• Highly proficient with SQL, SAS and advanced Microsoft Excel skills too (exposure to Power BI would be advantageous but not essential).
• Experience of Credit Risk, particularly experience within credit lending, would be advantageous.
• You\’re a team player who can quickly establish relationships with our existing team and key stakeholders
• We\’re also interested in your softer skills – your ability to coach and develop other analysts, along with the ability to solve complex problems and relay solutions in a simple, clear and concise way.
• Customer outcome focussed and commercially aware with the ability to communicate across all levels of the business managing key stakeholders in an appropriate manner, influencing them and providing challenge where necessary.
• There is very little hierarchy here and if you were to join us, you would be expected to have a voice and the confidence to use it.

Some of our benefits

• Flexible, hybrid working model
• Inclusive culture and environment, check out our Glassdoor reviews

• £1000 flexible benefits allowance to suit your needs
• 30 days holiday + bank holidays
• Udemy learning access
• Bonus potential (performance and business-related)
• Up to 25% discount on Very.co.uk

• Matched pension up to 6%
• More benefits can be found on our career site

How to apply

Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you will be required to undertake a credit, CIFAS, Right to Work checks and if a specific requirement of your role a DBS (criminal records) check. Should your application progress we require you to let the team know if there is anything you need to disclose in relation to any of these checks prior to them being undertaken, including any unspent criminal convictions.

What happens next?

Our talent acquisition team will be in touch if you\’re successful so keep an eye on your emails! We\’ll arrange a short call to learn more about you, as well as answer any questions you have. If it feels like we\’re a good match, we\’ll share your CV with the hiring manager to review. Our interview process is tailored to each role and can be in-person or held remotely.

You can expect a one-stage interview process for this position:

1st Stage – A one-hour formal interview where you can expect both competency and technical questions.

Please do let us know if you require any reasonable adjustments.

If you\’d like to know more about our interviews, you can find out here.

Equal opportunities

We\’re an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. #J-18808-Ljbffr