At a Glance
- Tasks: Analyse credit risks and develop strategies to manage portfolios effectively.
- Company: Join Together, a leading mortgage provider with over 50 years of experience.
- Benefits: Enjoy 26 days holiday, health plans, gym access, and more perks!
- Other info: Diverse and inclusive workplace committed to supporting all employees.
- Why this job: Make a real impact in credit risk management while growing your career.
- Qualifications: Numerical degree, strong analytical skills, and experience in credit risk.
The predicted salary is between 45000 - 55000 £ per year.
Benefits of working at Together:
- 26 days holiday, and a day off for your birthday (increasing with service to 30 days), plus bank holidays
- Free access to company holiday homes
- Buy & sell holidays
- Discretionary annual bonus plus an additional Shared Reward Bonus
- Matched pension contribution
- Health cash plan plus Private medical insurance
- Life assurance and Critical illness cover
- Travel season ticket loans and Ride to work scheme
- Free local gym access
- Local bar / restaurant discounts
We’re Together. For over 50 years, we’ve helped thousands of people, businesses and professionals unlock their property ambitions with our common-sense approach to mortgages and secured loans. We take the time to understand our customers and our door is always open, so we can often help when other lenders can’t or won’t. Based in Cheadle, Cheshire, our 750 colleagues help our customers throughout the UK, backed by the power of a £7 billion loan book.
As a Senior Credit Risk Analyst you will be responsible for supporting the oversight of first line credit risk management and the reporting and development of product standards. You will analyse portfolio risks and concentrations and build portfolio and arrears forecasting; escalating material risks to committees as required. You will also support the Senior Manager Credit Risk in the development of cost of risk and use of credit scoring strategies for our product portfolios. In liaison with key stakeholders you will identify key pockets of credit risk and ensure that these are being appropriately managed.
As a Senior Credit Risk Analyst we are looking for someone to:
- Have oversight of first line credit risk management activity
- Analyse portfolio credit risks, providing timely and accurate updates to risk committees.
- Pro-actively identify trends and insights based on regular credit risk reporting, supporting the Senior Credit Risk Manager with the actions required to address areas of concern/opportunity, working with the first line credit risk team
- Support the Senior Credit Risk Manager with the input and running of 2nd line oversight committees and regular routines
- Perform analysis to support changes to credit risk strategies, lending and arrears management policies
- Support development and monitoring of new products and strategies
- Analyse portfolio risks and concentrations and build portfolio and arrears forecasting; escalating material risks to committees as required.
- Support the Senior Manager Credit Risk in the development of cost of risk and use of credit scoring strategies
- Liase with key stakeholders, identify key pockets of credit risk and ensure that these are being appropriately managed.
- Support the development of affordability, valuation and credit strategies
- Maintain comprehensive governance, procedures and records
- Build and maintain a strong stakeholder network to share credit risk expertise and insight across the organisation
Qualifications:
Essential:
- Numerical degree, strong analytical skills and excellent attention to detail
- Experience in a credit risk environment
- A solid grounding in data analysis using quantitative analytic tools.
- Strong SQL skills
- Strong understanding of the fundamental concepts of credit risk management
- Advanced Excel skills
- Good understanding of risk management of secured lending portfolios.
- Experience of using complex data
Together embraces diversity and inclusion, and are proud to be an equal opportunity workplace. Not only do we welcome difference – we celebrate it, support it and really value our colleagues for who they are. We are committed to building a team that represents a variety of backgrounds, perspectives and skills.
If you feel you'd benefit from any support or reasonable adjustments during any stage of the recruitment process, please don’t hesitate to let us know when completing your application. This information will be picked up by our team, so we can try and put steps in place to help you be at your best through this process.
Senior Credit Risk Analyst (Cheadle) employer: Together
Together in Cheadle is an excellent employer, offering a professional and supportive environment for Conveyancing Paralegals. With a strong focus on employee growth, you will have access to training and career development opportunities, including the chance to achieve SQE qualification, alongside a comprehensive benefits package that includes generous holidays, pension, and private medical cover.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Analyst (Cheadle)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Together. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Credit Risk Analyst (Cheadle)
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 Together.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Together's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Together
✨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 Together.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Together 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 Together 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.
