Credit Risk Analyst

Credit Risk Analyst

Petersfield Full-Time 28800 - 43200 £ / year (est.) No home office possible
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At a Glance

  • Tasks: As a Credit Risk Analyst, you'll analyse data to enhance acquisition strategies and support credit reporting.
  • Company: Join Vanquis Banking Group, a leading FTSE All Share company with a mission to deliver caring banking.
  • Benefits: Enjoy a hybrid work model, 25-30 days holiday, annual bonuses, and access to LinkedIn Learning.
  • Why this job: Be part of a supportive culture focused on career growth and making a positive social impact.
  • Qualifications: Strong quantitative skills and a degree in a numerate field are essential; experience in credit analytics is a plus.
  • Other info: Flexible working arrangements available; we value your eagerness to learn over meeting every criterion.

The predicted salary is between 28800 - 43200 £ per year.

Credit Risk Analyst

Location: London/Bradford/Petersfield/Chatham

Salary:

Closing Date: Monday 11 November 2024

Credit Risk Analyst

Location: London, Bradford, Chatham or Petersfield

We are happy for you to be based in Bradford, Chatham or Petersfield but please note that occasional travel will be required to our other offices

Working Pattern: Our working style is hybrid, but we recognise the importance of collaborative working with our colleagues often 1 to 3 days per week in one of our offices

Benefits: Discretionary annual bonus, 25 days holiday up to 30 days (depending on service), pension scheme with matched company contributions up to 10%, 1 paid day to ‘give back’, LinkedIn Learning for all

Don’t hesitate to apply for a role even if you don’t meet all the criteria; your unique strengths and eagerness to learn can be just as valuable.

You and Your Team:

The Credit Risk Analyst will use data driven insights to develop, implement and optimise Acquisition Strategies for VBG

In your day-to-day role, as a Credit Risk Analyst you will:

  • Support the delivery of analytical / data driven projects
  • Contribute to the workflow or process changes and form an understanding of different products and processes
  • Gather and define the requirements for creating insights and delivering it as a coherent story to management
  • Utilise knowledge and commercial awareness to provide support and oversight on credit reporting, ensuring the process is fully documented
  • Define requirements for data infrastructure to support business reporting needs
  • Support the creation of regular management information reports
  • Develop visual reports, KPI’s and dashboards using the available platforms (Power BI / Excel)
  • Knowledge and expertise:

  • Exceptional quantitative skills, with exposure to credit analytics
  • Understanding of consumer credit, preferably in the sub prime or online lending sector
  • Understanding of corporate governance frameworks
  • Proven ability to plan and organise work effectively and prioritise deadlines whilst working at pace
  • What will make you stand out:

  • Ability to present complex problems
  • Excellent communication skills with the ability to influence, negotiate and constructively challenge
  • Ability to operate independently and objectively
  • Clear, logical and analytical approach to problem solving.
  • Attention to detail / accuracy focussed
  • Degree or equivalent experience in a highly numerate and analytical subject
  • Demonstratable experience of data, reporting and analytics within a Credit risk or similar team
  • The interview process:

  • Up to 30minute telephone call with a member of the Talent Acquisition team
  • Up to 60 mins with the hiring team – Competency based
  • Final interview with Daniel Betts (Head of Credit Risk)
  • Our average process takes up to 4 weeks but we will always work around your availability. You will have the chance to speak to our recruitment team throughout the process.

    As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.

    Your working life: If you prefer to work part-time, we\’ll make this happen whenever we can – whether this is to help you meet other commitments or strike a great work-life balance. A fear of losing your current working flexibility shouldn\’t hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible.

    Why work for us?

    We’re Vanquis Banking Group plc, an FTSE All Share company and a leading specialist bank, established in 1880. We lend responsibly, providing tailored products and services to 1.75 million UK customers through Vanquis, Moneybarn, and Snoop. Our purpose is simple: to deliver caring banking so our customers can make the most of life’s opportunities.

    At Vanquis Banking Group we believe in looking after our colleagues, so we do our best to create a rewarding, engaging, and supportive work environment across our various divisions.

    We let our colleagues know we appreciate their hard work by offering competitive salaries, benefits, and a Group wide recognition scheme. All colleagues are eligible to join a pension scheme, and, after six months’ service, you can join our ‘Save as you Earn’ and \’Buy as you Earn\’ schemes.

    We offer a range of training and development opportunities to help each of our colleagues maximise their potential, whatever their role. From your first day working with us, we’ll help you settle into your new role and are happy to talk to you about your career aspirations.

    Equal Opportunity Statement

    Here at Vanquis Banking Group, we embrace everyone’s unique strengths and identities to be themselves at work. Regardless of how you identify yourself, your sexual orientation, martial or civil partner status, race, colour, nationality, ethnic or national background, faith, disability, or age – your experiences and background help enrich our teams, and most importantly help support our customers in the best way possible. At the end of the day, it\’s our people that help us to fulfil the reason why we’re here in the first place: to help put people on a path to a better everyday life.

    Credit Risk Analyst employer: Vanquis Bank

    At Vanquis Banking Group, we pride ourselves on being an excellent employer, offering a supportive and inclusive work culture that prioritises employee growth and development. With competitive salaries, generous holiday allowances, and a commitment to work-life balance through hybrid working arrangements, our team members enjoy meaningful careers while contributing to our mission of delivering caring banking. Join us in one of our vibrant locations in London, Bradford, Chatham, or Petersfield, where your unique experiences will help us better serve our customers and improve lives.
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    Contact Detail:

    Vanquis Bank Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Credit Risk Analyst

    ✨Tip Number 1

    Familiarise yourself with the latest trends in credit risk analytics. Understanding current methodologies and tools, especially in subprime or online lending, will help you stand out during interviews.

    ✨Tip Number 2

    Prepare to discuss your experience with data visualisation tools like Power BI or Excel. Being able to showcase your ability to create insightful dashboards can significantly enhance your candidacy.

    ✨Tip Number 3

    Practice articulating complex problems clearly and concisely. Strong communication skills are essential for this role, so being able to explain your thought process will impress the hiring team.

    ✨Tip Number 4

    Research Vanquis Banking Group's values and mission. Showing that you align with their commitment to caring banking and customer service can make a positive impression during your interviews.

    We think you need these skills to ace Credit Risk Analyst

    Strong Quantitative Skills
    Credit Analytics Experience
    Understanding of Consumer Credit
    Knowledge of Corporate Governance Frameworks
    Effective Planning and Prioritisation Skills
    Data-Driven Insights Development
    Workflow or Process Improvement
    Requirements Gathering
    Management Information Reporting
    Power BI or Excel Proficiency
    Attention to Detail and Accuracy
    Logical and Analytical Problem-Solving
    Excellent Communication Skills
    Influencing and Negotiation Skills
    Independent and Objective Working Style

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Credit Risk Analyst role. Focus on your quantitative skills, experience in credit analytics, and any familiarity with consumer credit.

    Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention specific projects or experiences that demonstrate your analytical abilities and how they relate to the job description.

    Highlight Relevant Skills: In your application, emphasise your strong communication, problem-solving, and planning skills. Provide examples of how you've used these skills in previous roles, especially in fast-paced environments.

    Prepare for Interviews: Research common interview questions for Credit Risk Analysts and prepare your answers. Be ready to discuss your experience with data reporting and analytics, as well as your approach to presenting complex problems clearly.

    How to prepare for a job interview at Vanquis Bank

    ✨Understand the Role

    Make sure you have a solid grasp of what a Credit Risk Analyst does. Familiarise yourself with data-driven insights, credit reporting processes, and the tools like Power BI or Excel that you'll be using. This will help you answer questions confidently and show your enthusiasm for the role.

    ✨Showcase Your Analytical Skills

    Prepare to discuss your quantitative skills and any relevant experience in credit analytics. Be ready to provide examples of how you've used data to solve problems or improve processes in previous roles. This will demonstrate your capability to handle the responsibilities of the position.

    ✨Communicate Clearly

    Since the role requires excellent communication skills, practice explaining complex concepts in simple terms. You might be asked to present a past project or analysis, so ensure you can articulate your thought process and findings effectively.

    ✨Ask Insightful Questions

    Prepare thoughtful questions about the company culture, team dynamics, and the specific challenges the Credit Risk team is facing. This shows your genuine interest in the role and helps you assess if the company is the right fit for you.

    Credit Risk Analyst
    Vanquis Bank
    Location: Petersfield
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    • Credit Risk Analyst

      Petersfield
      Full-Time
      28800 - 43200 £ / year (est.)
    • V

      Vanquis Bank

      200-500
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