At a Glance
- Tasks: Define and optimise credit strategies to enhance financial wellbeing for millions.
- Company: Join a fast-growing fintech with a social conscience, backed by leading investors.
- Benefits: Generous leave, flexible working, private healthcare, and unique salary sacrifice schemes.
- Other info: Be part of a diverse team committed to improving financial health.
- Why this job: Shape innovative financial products that make a real difference in people's lives.
- Qualifications: Experience in data analysis, problem-solving, and collaboration in a fast-paced environment.
The predicted salary is between 60000 - 100000 £ per year.
The Company
Stream is on a mission to bring better financial wellbeing to frontline workers. We partner with some of the world’s most famous employers, like Bupa, Burger King, Green King and the mighty NHS to give their teams access to fairer financial services - all built around flexible pay. Over three million people can now choose how often they’re paid, track their shifts and earnings, start saving, use budgeting tools, get free financial coaching, and access fairer financial products. All in one financial wellbeing super-app. Stream is unique: VC-backed and growing at scale-up pace, but with a social conscience. Some of the world's leading financial charities and impact funds were our founding investors, and we operate on a social charter - which means every product we build has to improve financial health and reduce the $5.6bn ‘premium’ lower-income earners pay for financial services each year. You’d be joining a team of over 250 passionate, ambitious people, across Europe and the USA, building a category-leading fintech product and all united by that same mission.
The Opportunity:
After securing a £300m debt financing facility with Citi, we’re seeking an experienced consumer Credit Risk Analyst to play a pivotal role in one of the fastest growing scale-ups in Europe. As part of this role, you will create products unseen in the marketplace, helping to accelerate our lending strategy, seeing it through to a billion pound portfolio. The ideal candidate is tired of owning a predetermined strategy and ready to bet on themself. You are motivated by owning something big, solving a new problem every day, and building something to help millions of Brits. You will be among the first handful shaping our future. This role operates within a multi-functional team which manages all aspects of credit products.
What will you be doing?
- Defining and optimising the credit strategy for our evolving lending portfolio, ensuring alignment with business objectives
- Discovering insights from data and formulate strategies to answer the big questions and address key business questions
- Collaborating with cross-functional teams to implement your strategies in the market effectively
- Monitoring and assess the success of implemented strategies, and continuously identifying further opportunities for enhancement
- Formulating strategies to improve our affordability policy and ensure the delivery of positive customer outcomes
What experience might you have?
Must-haves: (But if you’re close... we'd still love to talk to you!)
- Able to structure complex problems into manageable frameworks
- Ability to turn mountains of data into insights and solutions
- Proficiency in analytical tools like Excel and SQL (Python is welcome)
- Experience in a fast pace analytical environment (consumer-lending environment, ideally with credit cards or unsecured loans, experience is preferred)
- Inquisitive and truth-seeking attitude, with an inclination to challenge the status quo
- Excellent communication skills and ability to collaborate effectively in a cross-functional environment
Working Policy: 3 days per week in the London hub
Salary: Dependant on experience, salary ranging from £60,000 - £100,000 & stocks
What will we do for you?
- 25 Days Annual Leave in addition to public holidays (up to 5 day rollover), as well as flexible time off allowances for any ad-hoc childcare/family/caring needs
- 24 weeks' paid Maternity Leave and 4 weeks paid Paternity Leave for employees with over 12 months service
- Special Leave for In Vitro Fertilisation (IVF) and other fertility treatments
- Sabbatical scheme
- Paid leave to volunteer
- Private Healthcare including comprehensive mental and physical healthcare
- Salary sacrifice to pension, as well as bonus exchange to Pension: reap even more rewards of any bonus by paying into your pension & save on Tax and NI + added compound growth
- Enjoy savings with our electric vehicle salary sacrifice scheme
- Season Ticket Loan
- Access to Salary Sacrifice Schemes via ThanksBen: THE Benefits marketplace. Choose the benefits you want, when you want. Pay less tax, receive more value, including: Workplace nurseries, Cycle to Work, Home and Tech Scheme and more.
- The best benefit of all, access to Stream!
At Stream we celebrate and support our differences. We know employing a team rich in diverse thoughts, experiences, and opinions allows our employees, our product and our community to flourish. Stream is an equal opportunity workplace. We are dedicated to equal employment opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability, gender identity/expression, or veteran status.
Senior Credit Risk Analyst London employer: Wagestream
Stream is an exceptional employer, dedicated to enhancing financial wellbeing for frontline workers while fostering a vibrant and inclusive work culture. With a strong focus on employee growth, we offer generous benefits such as flexible leave, comprehensive healthcare, and unique perks like a sabbatical scheme and volunteer leave, all within a dynamic London hub that encourages innovation and collaboration. Join us in making a meaningful impact while enjoying the rewards of being part of a rapidly growing scale-up with a social conscience.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Credit Risk Analyst London
✨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 Wagestream. 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 London
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 Wagestream.
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 Wagestream'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 Wagestream
✨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 Wagestream.
✨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 Wagestream 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 Wagestream 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.
