Senior Credit Risk Analyst

Description:

Senior Credit Risk Analyst
Hertfordshire

This is a standout opportunity to take ownership of credit risk models within a growing UK credit function. You will play a key role in bringing model ownership onshore, shaping how models evolve, and influencing the wider risk strategy in a regulated financial services environment. The role offers strong exposure to senior stakeholders and the chance to build out modelling capability from the ground up.

The Company
They are a well established financial services business operating under a banking licence, providing a range of lending and insurance related products. While part of a larger international group, the UK business operates with the autonomy of a smaller organisation, offering both stability and agility. The credit function has been expanding rapidly, with clear investment in risk and modelling capability.

The Role

• Take ownership of credit risk models across PD, LGD and EAD, covering development, monitoring, validation and ongoing enhancements.
• Lead IFRS 9 model redevelopment and transition of ownership to the UK, working closely with international modelling teams.
• Deliver back testing, performance monitoring and parameter calibration to ensure robust provisioning outcomes.
• Contribute to ICAAP modelling and stress testing activity.
• Produce high quality model documentation and support audit and regulatory interactions.
• Support the longer term expansion into behavioural scorecards and other modelling areas.

Your Skills and Experience

• Strong commercial experience in credit risk modelling within a regulated financial services or banking environment.
• Hands on development experience with PD or LGD models is essential.
• Exposure to IFRS 9, stress testing or capital modelling.
• Strong statistical background with a STEM degree or equivalent quantitative training.
• Advanced SAS capability, with working knowledge of Python or similar tools.
• Confident communicator able to explain technical concepts to non technical stakeholders.