Lead Credit Risk Analyst- Forecasting
£65K-£75K
Once a week in the office
Key Responsibilities-
* Analyse portfolio data and variances to forecasts and lead on discussions and challenges that help inform the development of policy, scorecards, and strategies.
* Perform in‑depth reviews of customer performance to generate meaningful insight and strategic recommendations for credit strategy updates, while also investigating and developing new data sources to strengthen analysis and support more informed decision‑making.
* Design and implement forecasting models for key portfolios to predict trends, risks, and opportunities. Ensure the models are accurate, up-to-date, and tailored to evolving business needs.
* Use statistical models and advanced data analytics techniques to deliver actionable insights into portfolio performance, risk exposure and credit quality, presenting clear findings and recommendations to senior management and key stakeholders to inform strategic decisions and drive performance improvements.
* Regularly track and assess portfolio performance, using forecasting data to inform operational strategies and adjust forecasts where necessary.
* Work cross-functionally with teams in risk management, finance, product development, and operations to align forecasting efforts with business goals.
* Be 'customer-obsessed' and have the appetite to understand our customers, how they behave, and provide insight that helps the business make decisions that positively impact the customer.
* Ensure compliance with policies, procedures and external regulatory frameworks and ensure that the principles of responsible lending are upheld in line with the Lending Policy.
Key Requirements-
* 3+ years' experience in forecasting, portfolio analysis, or a related field within the consumer credit industry.
* Experience of retail credit risk is essential, with 1st or 2nd charge mortgages portfolio experience preferred
* Experience in or understanding of IFRS9 impairments is highly beneficial
* Experience in developing, validating or monitoring Credit Models (impairment, stress testing, forecasting) is desirable.
* Strong background using advanced analytics tools (e.g., SAS, SQL, R, Python).
* Proven ability to lead and mentor an analytical team, fostering development, prioritising workloads, and providing clear strategic guidance.
* Expertise in converting complex data into business insights, and the ability to communicate findings effectively to non-technical stakeholders.
* Strong attention to detail and a passion for accuracy in forecasting and performance monitoring.
Send your CV to nmohamed@merje.com
Applicants must be located and eligible to work in the UK without sponsorship. Please note, should feedback not be received within 28 days, unfortunately your application has been unsuccessful. In applying for this role, you may be registered on our database so we can contact you about suitable opportunities in future. Your data will be managed in accordance with our Privacy Policy, which can be found on our website. If you would like this job advertisement in an alternative format, please contact MERJE directly.