Senior Credit Risk Analyst

SENIOR CREDIT RISK ANALYST

UP TO £70,000

LONDON

This is an exciting new opportunity to take on a core role within the portfolio credit risk team working across stress testing and working closely with senior stakeholders.

THE COMPANY

The company is a UK listed bank supporting under-served segments of the mortgage market with over 150 years heritage and is a FTSE 250 bank. They deliver specialist lending and retail savings through industry leading brands.

THE ROLE

You can expect to be involved in the following day-to-day:

• Refine and strengthen the existing framework for conducting independent, top-down reviews of provision adequacy, evaluating the effectiveness of the Group's IFRS 9 methodology in capturing risks across diverse business segments.
• Lead the independent evaluation of the bank's Expected Credit Losses (ECL), integrating a broad range of external risk factors and delivering actionable analysis to support strategic decisions aligned with financial performance targets.
• Perform horizon scanning to identify emerging or overlooked risks-whether portfolio-specific or macroeconomic-that may not be fully reflected in the current IFRS 9 modelling, potentially affecting profitability or long-term viability.
• Contribute to the stress testing team by supporting insights from provision adequacy reviews to enhance the realism and relevance of stressed scenarios.
• Collaborate with cross-functional teams, including Finance and Solvency Risk, offering expert-level credit risk analysis and insights to inform broader business decisions.

YOUR SKILLS AND EXPERIENCE

• 3 + years of experience.
• Credit risk experience in Capital or Impairment requirements and Stress Testing.
• Knowledge across the end-to-end Credit Risk Lifecycle.
• Stakeholder engagement skills
• SAS/SQL knowledge is essential.
• A strong numerate degree.
• Excellent written and verbal communication.

THE BENEFITS

• A salary of up to £70,000.
• 15% bonus.
• 28 days + bank holidays.
• Generous pension.
• Life assurance.
• Access to private medical insurance and medical cash plan.
• Hybrid working scheme.

HOW TO APPLY

Please register your interest by sending your CV to Gaby Adamis via the Apply link on this page.