At a Glance
- Tasks: Analyse credit risk data and develop strategies to inform business decisions.
- Company: Join a leading financial services provider with a commitment to innovation.
- Benefits: Enjoy a competitive salary, hybrid working, and a range of employee benefits.
- Other info: Access to professional development and mentoring opportunities.
- Why this job: Make a real impact in the financial sector while developing your analytical skills.
- Qualifications: Experience in data analytics and financial services is essential.
The predicted salary is between 34080 - 40896 £ per year.
About The Role
SALARY: From £34,080 pa dependent on experience
LOCATION: Milton Keynes
HYBRID WORKING: Our current hybrid working policy requires a minimum of 60% of working time to be based in the Milton Keynes office however flexibility is expected to meet the needs of the business and the role.
HOURS / CONTRACT TYPE: Full time fixed term contract ending 31/03/27
CLOSING DATE: 05/02/26. We reserve the right to close the advert earlier if we receive a high volume of applications.
We’re looking for a Credit Risk Analyst who will be responsible for the production of management information used to inform business strategy and ensure the business is operating within risk appetite.
What you’ll be doing:
- Deliver detailed portfolio analysis to evaluate the effectiveness of credit risk strategies and inform future strategic development.
- Lead the annual review and validation of all credit scorecards, including Probability of Default (PD) models.
- Produce high‑quality KPI dashboards and executive-level reporting, including underwriting performance insights and committee reporting packs for the Credit Lending Risk Committee.
- Support the Credit Analytics Manager and GM – Credit Risk Strategy in designing, testing, and implementing risk models and strategies that assess customer creditworthiness and affordability.
- Develop bespoke, ad‑hoc analysis and reporting using tools such as Tableau, SQL, Python and R, presenting findings clearly and concisely through visual storytelling (e.g., in PowerPoint).
- Contribute to key projects and initiatives, providing analytical input and supporting business testing for new products, systems and strategic changes.
- Monitor Credit Reference Agency (CRA) data quality, investigating anomalies and conducting deeper analysis where inconsistencies arise.
Essential experience skills
- Strong background in data analytics, with confident use of tools such as MS Excel, Python and Tableau.
- Proven commercial experience within financial services, ideally within a Risk function or similar analytical environment.
- Ability to manage a fast‑paced and evolving workload, balancing routine operational tasks with both short‑term and longer‑term analytical projects.
- Proficiency in SQL and experience with statistical analysis tools is highly advantageous.
- Good understanding of retail financial services products and the expectations of working in a regulated industry.
- Excellent written and verbal communication skills, with the confidence to engage effectively at all levels, including senior leadership.
- Proactive, adaptable and able to respond effectively to changing priorities and business needs.
- Methodical, disciplined and thorough in approach, demonstrating strong attention to detail.
- Capable of interpreting complex problems, developing well‑reasoned solutions and delivering high‑quality outputs under pressure.
What’s in it for you?
Bonus: Discretionary 10% on-target bonus (based on personal and Group company performance)
Pension: Employer pension contribution of 9% (based on employee contribution of 3%). VWFS will pay 6% if employee chooses a 2% employee contribution.
Car schemes: Choice of Employee Car Ownership (ECO) scheme for petrol/diesel and hybrid vehicles plus car insurance.
OR Company Car scheme for Battery Electric Vehicles (BEVs) plus car insurance cover for you and a partner/eligible family member.
Other benefits: From day 1 we provide strong income protection, life assurance (4x salary), strong retail discount vouchers, access to strong Care Concierge (a service to support carers of adults), along with other salary sacrifice options including a strong will writing service and strong cycle to work (subject to scheme restrictions).
Following successful completion of probation, you will have access to strong private medical insurance for you (with the option to buy additional family cover), strong access to our loan car scheme for up to 2 cars for your partner or eligible family members (subject to scheme restrictions) and during our annual benefit window you can purchase strong critical illness cover and strong dental cover, so you can select the benefits that matter to you.
We invest in our people and are passionate about driving development. You’ll have access to strong LinkedIn Learning via our Degreed platform as well as a host of strong professional development programmes and opportunities to build your technical and soft skills so you can further develop your career. We also offer strong mentoring schemes and strong reciprocal partnerships recognising that we can all learn from each other in the flow of work.
About You
About Us
Why join VWFS UK?
You’ll have the opportunity to make a difference by helping us to achieve our mission. Our mission is straightforward; we want to be The Key to Mobility. That means we make getting from A-to-B as easy and simple for as many people as possible. To truly meet the mobility needs of people in a changing world, our offering goes beyond traditional vehicle financing. We do this by providing a range of finance and aftersales products on Volkswagen Group vehicles, as well as developing innovative mobility products designed to solve real problems and support our customers.
No candidate will meet every single desired qualification. If your experience looks a little different from what we’ve identified and you think you can bring value to the role, we’d love to learn more about you!
VWFS is proud to be an inclusive employer and encourages applications from a diverse range of candidates. Diversity, Equity Inclusion isn’t just a statement for us, we encourage and aspire for all our colleagues to be their 100% self. If you need any reasonable adjustments to assist you with the application and/or recruitment processes, please contact our Resourcing Team.
This role does not meet the UKVI’s criteria for the skilled worker sponsorship route, therefore we are unable to accept candidates requiring sponsorship for this role.
Credit Risk Analyst - Milton Keynes in Cornwall employer: Volkswagen Financial Services
At VWFS UK, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters professional growth and development. Located in Milton Keynes, our hybrid working model provides flexibility while ensuring you are part of a collaborative team dedicated to making a meaningful impact in the mobility sector. With competitive benefits, including a generous pension scheme, private medical insurance, and access to continuous learning opportunities, we are committed to supporting our employees' well-being and career advancement.
Contact Details:
Volkswagen Financial Services Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Credit Risk Analyst - Milton Keynes in Cornwall
✨Tip Number 1
Network like a pro! Reach out to your connections on LinkedIn or even in person. Let them know you're on the hunt for a Credit Risk Analyst role. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to credit risk analysis. Think about how you can showcase your experience with tools like SQL and Python. We want to see you shine, so be ready to share specific examples!
✨Tip Number 3
Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings at VWFS UK. Tailor your approach to show why you’re a perfect fit for their mission!
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great chance to reiterate why you’d be an asset to their team!
We think you need these skills to ace Credit Risk Analyst - Milton Keynes in Cornwall
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Credit Risk Analyst role. Highlight your experience with data analytics, financial services, and any relevant tools like SQL or Python. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about credit risk analysis and how you can contribute to our mission. Keep it concise but engaging – we love a good story!
Showcase Your Analytical Skills:In your application, don’t forget to showcase your analytical skills. Mention specific projects where you've used data to drive decisions or improve processes. We’re all about those insights that lead to better strategies!
Apply Through Our Website:We encourage you to apply through our website for the best experience. It’s straightforward and ensures your application gets to the right people. Plus, you’ll find all the info you need about the role there!
How to prepare for a job interview at Volkswagen Financial Services
✨Know Your Numbers
As a Credit Risk Analyst, you'll be dealing with data and analytics. Brush up on your knowledge of key metrics like Probability of Default (PD) and how they impact credit strategies. Be ready to discuss your experience with tools like SQL and Python, as well as any relevant projects you've worked on.
✨Showcase Your Analytical Skills
Prepare to demonstrate your analytical prowess during the interview. Bring examples of past analyses you've conducted, especially those that led to strategic decisions. If you can, present a mini-case study or a dashboard you've created using Tableau or Excel to showcase your skills.
✨Communicate Clearly
You'll need to engage with senior leadership, so practice articulating complex ideas in a straightforward manner. Use visual storytelling techniques to explain your findings, and be prepared to answer questions about how your insights can drive business strategy.
✨Be Adaptable
The role requires balancing routine tasks with evolving projects. During the interview, highlight your ability to manage changing priorities and provide examples of how you've successfully adapted to new challenges in previous roles. This will show you're proactive and ready for the fast-paced environment.
