Lead Credit Risk Analyst, Vehicle Finance
Location: Petersfield, Bradford, Chatham, London
Closing Date: Thursday 06 February 2025
Contract Type: Permanent | Full-time
Working Pattern: Hybrid—typically 1 day a week in the office. Flexible arrangements are considered to support work-life balance.
What We Offer:
* Holidays: 25 days holiday up to 30 days (depending on service)
* Pension: We will contribute up to 10%
* Maternity/Paternity: Enhanced maternity (after successful completion of probation) and 4 weeks paternity leave
* Volunteering: 2 paid days to ‘give back’ to the charity of your choice
* Development: LinkedIn Learning for all
* Medical: Opportunity to opt in for Private Medical Insurance
* Bonus: Discretionary annual bonus
The Role:
As a Lead Credit Risk Analyst, you will be reporting to the Credit Risk Strategy Manager and will be responsible for optimising lending decisions for our Vehicle Finance product. You will drive test and learn initiatives to identify champion strategies, while ensuring lending decisions remain accurate and appropriate through tracking and monitoring.
As a Lead Credit Risk Analyst, you will:
* Develop expert understanding of the customer management lifecycle, including all aspects of decisioning and customer touch points
* Investigation and development of new data sources for analysis and decisioning
* Support business growth and portfolio profitability while ensuring a balance between risk, reward and responsible lending
* Drive the optimisation of lending decisions through test and learn initiatives
* Ensure lending decisions are accurate through close tracking and monitoring
* Perform inquisitive and innovative analysis and provide logical recommendations
* Devise, initiate and deliver complex analytical/data driven projects
* Define analytical project phases, success criteria and timescales
* Oversee and peer-review team changes, mentor Analysts/Senior Analysts
* Deputise for manager as required
What We’re Looking For:
We are seeking a candidate with strong experience in consumer credit, ideally with a focus on vehicle finance or similar secured lending products. We are looking for candidates who meet the following criteria:
* A minimum of 5 years' experience in an analytical role within consumer credit
* Proficiency in SAS, Python, or SQL (Advanced level required)
* Extensive experience with decisioning systems and strategy optimisation
* Strong background in Credit Analytics
* Proven experience in scorecard cut-off setting and decline rule optimisation
* The ability to leverage data to drive informed decision-making
The interview process:
* Up to 30-minute telephone call with a member of the Talent Acquisition team
* 30-minute virtual interview with the hiring manager
* Final 1-hour virtual interview with the hiring team
Offers are subject to satisfactory background checks, including credit, fraud, and employment references.
Who We Are:
At Vanquis, we have a simple purpose: to deliver caring banking so our customers can make the most of life’s opportunities. We’re now a FTSE All Share company and leading specialist bank. We lend responsibly, providing tailored products and services to over 1.75 million UK customers.
We take care of our colleagues as well as our customers, working hard to create a rewarding and supportive work environment.
Vanquis Bank is an Equal Opportunity Employer:
Here at Vanquis Banking Group, we embrace everyone’s unique strengths and identities to be themselves at work.
If there’s anything we can do in the recruitment process to help you achieve your best, get in touch.
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