At a Glance
- Tasks: Analyse data to forecast bad debt and assess portfolio quality in a dynamic team.
- Company: Join a leading financial services company with a focus on innovation and collaboration.
- Benefits: Enjoy flexible working, 30 days holiday, and a £1000 benefits allowance.
- Other info: Inclusive culture with strong support for diversity and career growth opportunities.
- Why this job: Make a real impact by using data to solve complex financial challenges.
- Qualifications: Degree in a quantitative field and experience in loss forecasting or credit risk.
The predicted salary is between 55000 - 65000 € per year.
About the Team
You will work in the Loss Forecasting & Portfolio Quality team within Credit Risk, a team of six out of approximately 60 FTE in the department, working on multiple priorities within a fast‑paced, dynamic environment. The team is responsible for aspects of bad debt, including forecasting, loss provisioning, write‑offs, assessing portfolio quality, and more.
About the role
As a Senior Credit Risk Analyst in the Loss Forecasting & Portfolio Quality team, you will leverage our data to generate insights into bad debt performance. Reporting to the Senior Credit Risk Manager, you will manage stakeholder expectations and prioritise your workload to ensure bad debt impacts are accurately reflected across Financial Services, enabling us to make informed decisions. You’ll work alongside top talent across Financial Services and the wider Group, collaborating to deliver the ambitions of the business and the Credit Risk function.
About you
- Bachelor’s degree in a quantitative field (e.g., Statistics, Mathematics, Economics, or a related discipline).
- Experience in loss forecasting, stress testing, scenario modelling or developing traditional statistical models (e.g., linear/logistic regression and decision trees).
- Proficiency in SAS, SQL and Excel for data extraction, manipulation and modelling.
- Experience within Credit Risk, financial services or banking.
- Understanding and/or experience of IFRS 9 accounting principles and modelling.
- A curious mindset with a passion for using data to solve complex problems.
- A collaborative team player who can quickly build relationships with colleagues and key stakeholders.
Some of our benefits
- Flexible, hybrid working model
- Inclusive culture and environment
- £1000 flexible benefits allowance to suit your needs
- 30 days holiday plus 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
Diversity, inclusion and equal opportunities
We’re building a culture of everyday inclusion, and welcome applications from anyone who believes they can do the job. We do not discriminate based on age, disability, gender reassignment, marriage or civil partnership, pregnancy or maternity, race, religion or belief, sex, or sexual orientation. We want our recruitment process to be accessible to everyone. If you need reasonable adjustments to apply, interview, or perform a role, let us know via talentacquisition@theverygroup.com. We’ll be happy to support you. We’re proud to be a Disability Confident Committed Employer and have nine colleague networks – including DAWN (Disability Awareness at Very) and Think (Neurodiversity at Very) – that are helping us make Very an even more inclusive place to work.
Senior Credit Risk Analyst - Loss Forecasting in Liverpool employer: Very Group
At Very Group, we pride ourselves on being an excellent employer, offering a flexible hybrid working model and a culture that champions inclusivity and collaboration. As a Senior Credit Risk Analyst, you'll have access to a wealth of professional development opportunities, including Udemy learning access and a generous benefits package, all while working in a dynamic team that values your insights and contributions to our financial services. Join us in a role where your analytical skills can make a real impact on our business and enjoy the unique advantages of working in a supportive environment that prioritises employee well-being and growth.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Analyst - Loss Forecasting in Liverpool
✨Tip Number 1
Network like a pro! Reach out to current employees in the Credit Risk team on LinkedIn. A friendly chat can give you insider info and might just get your foot in the door.
✨Tip Number 2
Prepare for the interview by brushing up on your loss forecasting knowledge. Be ready to discuss how you've used data to solve complex problems in the past. Show us your analytical skills!
✨Tip Number 3
Don’t underestimate the power of a follow-up! After your interview, drop a quick thank-you email to express your appreciation and reiterate your enthusiasm for 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 by the right people. Plus, you’ll find all the latest roles and updates there.
We think you need these skills to ace Senior Credit Risk Analyst - Loss Forecasting in Liverpool
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Senior Credit Risk Analyst role. Highlight your experience in loss forecasting and any relevant quantitative skills, as we want to see how you can contribute to our team.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about credit risk and how your background aligns with our needs. We love seeing enthusiasm and a clear understanding of the role.
Showcase Your Data Skills:Since this role involves a lot of data manipulation, be sure to mention your proficiency in SAS, SQL, and Excel. Give examples of how you've used these tools in past roles to solve complex problems, as we value practical experience.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Very Group
✨Know Your Numbers
As a Senior Credit Risk Analyst, you'll need to demonstrate your understanding of loss forecasting and statistical models. Brush up on key concepts like linear/logistic regression and decision trees. Be ready to discuss how you've applied these in past roles, as well as any specific results you've achieved.
✨Showcase Your Data Skills
Proficiency in SAS, SQL, and Excel is crucial for this role. Prepare to talk about your experience with these tools, perhaps by sharing a project where you used them to extract and manipulate data. If possible, bring examples of your work that highlight your analytical skills and problem-solving abilities.
✨Understand the Business Context
Familiarise yourself with IFRS 9 accounting principles and how they relate to credit risk. This will show that you can connect your technical skills to the broader financial services landscape. Be prepared to discuss how your insights can help inform decisions within the business.
✨Build Rapport with Stakeholders
Collaboration is key in this role, so think about how you can demonstrate your ability to build relationships. Share examples of how you've successfully managed stakeholder expectations in the past. Highlight your communication skills and your approach to teamwork, as these will be essential in a dynamic environment.
