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- Tasks: Review and enhance credit risk models to improve lending decisions.
- Company: Join The Very Group, a dynamic player in Financial Services.
- Benefits: Enjoy flexible benefits, 30 days holiday, and discounts on Very.co.uk.
- Why this job: Make impactful decisions in a fast-paced environment with a collaborative team.
- Qualifications: Degree in a numerate field; proficient in SQL/SAS and Excel; credit model experience required.
- Other info: Embrace an inclusive culture where your voice matters and innovation thrives.
The predicted salary is between 43200 - 72000 £ per year.
About the role
As a Senior Credit Risk Analyst working on model review you will be helping us ensure that our models are robust and accurate, making best use of the increasing amount of data available to make more informed credit lending decisions for our customers and Financial Services business, ultimately creating value for The Very Group.
Reporting to the Head of Analytical and Scoring Model Review, you will work with the business to review all aspects of key credit risk model developments. Help us build models that will make the right decisions at the right times. Whether it’s reviewing the development sample, characteristic analysis or modelling methodology, you’ll be expected to provide insight and recommendations, communicating these in a compelling, impactful way to senior stakeholders.
You’ll work on multiple priorities within a fast paced, dynamic environment. You’ll need to be able to manage the expectations of stakeholders alongside prioritising your workload. You will also play your part to meet the broader needs of the business and deliver a world class, personalised experience for our customer.
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 team.
Critical decisions are made here every day and acted upon immediately – giving you every chance to make a real impact, make decisions and quickly see the results.
About you
You’re curious, analytical and logical by nature with a keen eye for detail. You have a degree in a numerate discipline, are highly proficient with SQL or SAS with advanced Microsoft Excel skills too. Experience of credit model development is essential.
We’re also interested in your softer skills – your ability to coach and develop other analysts, work with challenging stakeholders along with the ability to solve complex problems and relay solutions in a simple, clear and concise way.
Working at pace with competing and changing priorities doesn’t faze you – you thrive in that type of environment, you’re not afraid to challenge the status quo.
Customer outcome focussed and commercially aware with the ability to present your findings into actionable business recommendations, you’re comfortable in dealing with stakeholders at all levels.
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.
The teams here are passionate, innovative and committed. We expect you to be the same.
Some of our benefits
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.
Senior Credit Risk Analyst - Model Review employer: The Very Group
Contact Detail:
The Very Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Credit Risk Analyst - Model Review
✨Tip Number 1
Familiarise yourself with the latest trends in credit risk modelling and analytics. Being able to discuss recent developments or methodologies during your interview will show that you're proactive and knowledgeable about the field.
✨Tip Number 2
Prepare to demonstrate your SQL and SAS skills through practical examples. You might be asked to solve a problem or analyse data on the spot, so having a few scenarios ready can help you shine.
✨Tip Number 3
Think about how you can convey complex analytical concepts in simple terms. Practice explaining your past projects or findings to someone without a technical background, as this will be crucial when communicating with stakeholders.
✨Tip Number 4
Showcase your ability to work under pressure by sharing specific examples from your previous roles. Highlight how you managed competing priorities and delivered results, as this aligns well with the fast-paced environment at The Very Group.
We think you need these skills to ace Senior Credit Risk Analyst - Model Review
Some tips for your application 🫡
Understand the Role: Thoroughly read the job description for the Senior Credit Risk Analyst position. Pay attention to the key responsibilities and required skills, such as proficiency in SQL or SAS and experience in credit model development.
Tailor Your CV: Customise your CV to highlight relevant experience and skills that align with the job requirements. Emphasise your analytical abilities, problem-solving skills, and any experience you have in coaching or developing other analysts.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Use specific examples from your past experiences to demonstrate how you can contribute to The Very Group's goals and values.
Prepare for Potential Assessments: Be ready for any assessments or tests that may be part of the application process. Brush up on your technical skills, especially in SQL or SAS, and prepare to discuss your approach to credit risk modelling and stakeholder management.
How to prepare for a job interview at The Very Group
✨Showcase Your Analytical Skills
As a Senior Credit Risk Analyst, your analytical abilities are crucial. Be prepared to discuss specific examples of how you've used data analysis to influence credit decisions or improve model accuracy in previous roles.
✨Communicate Clearly with Stakeholders
You'll need to present complex findings to senior stakeholders. Practice explaining your insights in a straightforward manner, focusing on actionable recommendations that align with business goals.
✨Demonstrate Your Technical Proficiency
Highlight your experience with SQL, SAS, and advanced Excel skills during the interview. Be ready to discuss how you've applied these tools in credit model development and review processes.
✨Emphasise Your Adaptability
The role requires managing multiple priorities in a fast-paced environment. Share examples of how you've successfully navigated changing demands and maintained focus on delivering quality outcomes for customers.
