At a Glance
- Tasks: Analyse data to optimise credit acquisition strategies and support reporting.
- Company: Join Vanquis Banking Group, a leading specialist bank with a supportive culture.
- Benefits: Enjoy 25-30 days holiday, a pension scheme, and LinkedIn Learning access.
- Other info: Flexible working options available to help you balance life and work.
- Why this job: Make a real impact in the financial sector while developing your analytical skills.
- Qualifications: Degree in a numerate subject and experience in credit analytics preferred.
The predicted salary is between 28800 - 48000 £ per year.
Location: London, Bradford, Chatham or Petersfield
Salary:
Closing Date: Monday 11 November 2024
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.
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
- Demonstrable experience of data, reporting and analytics within a Credit risk or similar team
The interview process
- Up to 30 minute telephone call with a member of the Talent Acquisition team
- Up to 60 minutes 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, marital 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 in Maidstone employer: Vanquis Bank
At Vanquis Banking Group, we pride ourselves on being an excellent employer, offering a supportive and engaging work environment that prioritises employee well-being and growth. With competitive salaries, generous benefits including up to 30 days of holiday, and opportunities for professional development through LinkedIn Learning, we empower our Credit Risk Analysts to thrive in their roles while enjoying a healthy work-life balance. Our hybrid working model fosters collaboration and flexibility, making our locations in London, Bradford, Chatham, and Petersfield ideal for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Analyst in Maidstone
✨Tip Number 1
Network like a pro! Reach out to current or former employees on LinkedIn, especially those in credit risk roles. A friendly chat can give you insider info and might even lead to a referral.
✨Tip Number 2
Prepare for your interviews by practising common questions related to credit risk analysis. Think about how you can showcase your quantitative skills and problem-solving abilities with real-life examples.
✨Tip Number 3
Don’t underestimate the power of follow-ups! After your interview, send a thank-you email to express your appreciation and reiterate your interest in the role. It keeps you fresh in their minds.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining our team at Vanquis Banking Group.
We think you need these skills to ace Credit Risk Analyst in Maidstone
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Credit Risk Analyst role. Highlight your quantitative skills and any relevant experience in credit analytics, as this will show us you understand what we're looking for.
Showcase Your Analytical Skills:In your application, don’t just list your skills—demonstrate them! Use examples from your past work or studies where you've tackled complex problems or delivered data-driven insights. We love seeing how you think!
Be Clear and Concise:When writing your application, keep it clear and to the point. We appreciate a logical flow in your writing, so make sure your ideas are easy to follow. This reflects the communication skills we value in our team.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role there!
How to prepare for a job interview at Vanquis Bank
✨Know Your Numbers
As a Credit Risk Analyst, you'll be dealing with data all the time. Brush up on your quantitative skills and be ready to discuss specific examples of how you've used data to drive insights or make decisions in previous roles.
✨Understand the Business
Familiarise yourself with Vanquis Banking Group and its products. Knowing the ins and outs of consumer credit, especially in the sub-prime sector, will help you answer questions more effectively and show your genuine interest in the role.
✨Prepare for Competency Questions
Expect competency-based questions during the interview. Think of situations where you've demonstrated problem-solving, communication, and analytical skills. Use the STAR method (Situation, Task, Action, Result) to structure your answers.
✨Showcase Your Communication Skills
Since the role requires influencing and negotiating, practice articulating complex ideas clearly and concisely. Be prepared to explain how you've successfully communicated insights to non-technical stakeholders in the past.
