Senior Credit Risk Analyst

Senior Credit Risk Analyst - Lochside, Edinburgh

Change Recruitment are working with a successful, dynamic financial services client who is looking for a Senior Credit Risk Analyst.

As the Senior Credit Analyst, you will supporting the Credit Risk team in ensuring the bank lends within agreed risk appetite, which is set by the Bank's board. This is achieved via management of credit risk strategies using scorecards and policies both for managing risk at point of application and account management. Reporting to the Credit Risk Manager, you will be developing credit risk policy - such as building a new suite of scorecards, developing credit decision logic or implementing that logic for the company.

There are 5 teams within Credit Risk who perform distinct tasks:
· Portfolio Management - Management of credit risk strategies - who to lend to and how much.
· Risk Modelling - Build and monitor Credit Risk models to help to decide who we accept and how we measure bad debt.
· Provisioning and Forecasting - use models to estimate the bad debt requirements. Forecast bad debt for business planning and for capital management purposes.
· Systems - Maintain the IT systems which contain credit risk and financial crime strategy and logic and manage the change process for those systems.
· Independent Model oversight - Oversee the bank's model universe ensuring models are built in line with the model policy.

Responsibilities
· Develop credit risk policy - such as building a new suite of scorecards, developing credit decision logic or implementing that logic for the company.
· Lead relationships with Business areas to keep abreast of new business initiatives and proactively highlight any potential Credit Risk impacts.
· Identify potential risk management opportunities through data mining of the company's data platforms.
· Represent best practice in coding and data analytics - mentoring others where required.
· Provide advice and add value to business projects requiring risk management input.
· As required, calculate and forecast bad debt provisioning.
· Liaise with Credit Reference Agencies and other suppliers and attend benchmarking groups to ensure the bank has a wide knowledge of the tools and techniques being used within the industry
· Keep abreast of research techniques, attend academic forums and evaluate the benefits that new credit risk practices / techniques may bring to risk management practices.

Requirements
· A minimum of 1 year's experience within retail credit risk and a broad knowledge of retail lending products
· Proven experience in the use of computer based software statistical packages (e.g. SAS, R, Python or SQL) and/or data mining applications.
· Highly numerate with a degree in a relevant discipline.
· Well organised, able to prioritise workload and work effectively and accurately under pressure
· Strong relationship management skills
· Exceptional verbal communication skills. Able to convey technical issues to non-technical colleagues.
· Excellent written communication skills - business and project reports, and technical papers.

If you are interested in this prestigious opportunity, please contact Rosina Borrelli.