Senior Credit Risk Analyst

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Hertfordshire / £50000 - £60000 annum

INFO

Salary

SALARY:

£50000 - £60000

Location

LOCATION

Hertfordshire

Job Type
JOB TYPE

Permanent

Senior Credit Risk Analyst
Hertfordshire
£50,000 to 60,000

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.
What They Offer
  • Salary between 50,000 and 60,000 depending on experience.
  • Hybrid working with a preference for two days per week in the office, with flexibility if needed.
  • Clear scope to broaden your modelling exposure over time, including scorecards and other model types.
  • The chance to influence and shape a growing credit risk function.

Apply by clicking below or emailing


CONTACT

Rosie Walsh

Business Manager

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