Credit Risk Manager, portfolio Loss Forecasting Contract Type: Permanent | Full-Time Location: Bradford, Petersfield, London or Chatham Working Pattern: Hybrid (usually 1 day a week in the office). We welcome part-time and flexible arrangements and will aim to match your current flexibility where possible. What We Offer We care about your wellbeing, not just your work. Our benefits are designed to support your life, your health and your growth: Holidays: 25 days (rising to 30) buy/sell up to 5 days swap up to 4 bank holidays. Pension: Up to 10% employer contribution. Family Leave: Enhanced maternity and 4 weeks’ paternity from day-one, shared parental leave, paid neonatal care leave and support for adoption and surrogacy Fertility Support: Paid time off for fertility treatment and appointments, available to birth parents and partners, with confidential support and flexible adjustments where needed Workations: Work abroad for up to 20 days a year in approved countries. Birthday Leave: Your birthday off—paid. Volunteering: 2 paid volunteering days. Learning: Access to LinkedIn Learning for all colleagues. Financial Wellbeing: Free Snoop Premium subscription. Healthcare: Self-pay Denplan & optional Private Medical Insurance. The Role As Credit Risk Manager, Portfolio Loss Forecasting, you will be responsible for delivering portfolio credit risk loss forecasting across our portfolios. You will lead the development and ongoing enhancement of forecasting models and portfolio analysis, ensuring forecasts are accurate, well understood, and fit for business planning. You will also play a key role in explaining the story behind the numbers, partnering closely with Finance, Risk and Commercial teams to align assumptions, validate outputs, and support strong decision-making. Reporting to: Head of Portfolio Analysis and Loss Forecasting You and your Team You will lead a team of analysts within our Portfolio and Forecasting function, bringing together portfolio analysis and forecasting into a single, high-performing team. You will set direction, coach and develop colleagues, and create an inclusive culture where people feel supported to do their best work. You will also build strong relationships across the business and confidently present insights to senior stakeholders, helping ensure forecasts are trusted and clearly linked to portfolio performance and strategy. As a Credit Risk Manager, Portfolio Loss Forecasting you will: Drive the ongoing enhancement of robust loss forecasting models for each portfolio to accurately predict credit losses Execute and deliver regular loss forecasts across credit portfolios, using recent performance, credit quality and risk exposure Ensure credit strategy changes are reflected in loss forecast expectations, with clear rationale and supporting analysis Monitor and track forecast performance and model accuracy on an ongoing basis across credit card and vehicle finance portfolios Produce regular and ad hoc reporting on loss forecasts and key risk metrics Present findings, insights and recommendations to senior management, key stakeholders and (where needed) external bodies Partner with Finance and Commercial teams to support end-to-end understanding and validation of forecasts Collaborate with cross-functional teams (including Risk, Finance, Product and Operations) to support effective portfolio management Lead, coach and mentor a team of analysts, creating development opportunities through regular support and knowledge sharing Set clear objectives and priorities for the team, balancing delivery needs with longer-term improvement Build and maintain strong working relationships with other Credit Risk teams and second line Risk management Maintain strong systems and controls to reduce errors in complex forecasts and processes Support Group-wide planning by delivering consistent and predictable credit loss forecasts that feed budgets and financial plans What We’re Looking For 5 years’ experience in portfolio analysis, credit risk management and or loss forecasting within consumer credit Strong understanding of credit products and risk drivers, ideally across credit cards, loans and vehicle finance Strong analytical and quantitative skills, including statistical modelling and data analysis tools such as SAS, R and or Python Experience monitoring model performance, validating outputs, and improving forecasting approaches over time Confident communicator who can translate complex analysis into a clear business narrative for technical and non-technical audiences Strong stakeholder management skills, with experience working across Finance, Risk, Operations and Commercial teams People leadership experience, including leading teams of analysts, setting direction, coaching and developing capability Strong problem-solving skills, including identifying trends, root causes, and practical actions in response to portfolio performance changes Familiarity with regulatory requirements and best practice in portfolio analysis and loss forecasting How We HireWe use AI to help organise applications and surface early matches, but all decisions are made by humans. Please apply authentically — especially during interviews. If you need assistive technology or reasonable adjustments (including the use of AI tools), please let the Talent Acquisition team know in advance and we’ll be happy to support you. Where we have reason to believe AI has been used inappropriately, we reserve the right to withdraw a candidate from the recruitment process. Pre-Employment Checks; Any offer made will be subject to standard background checks, including credit, fraud and employment references. Due to the regulated nature of our business, additional checks may apply. Who we are At Vanquis, our purpose is simple: to deliver caring banking that helps people make the most of life’s opportunities. Founded in 1880, we’re now a FTSE All Share specialist bank supporting over 1.7 million UK customers with responsible, tailored lending. We’re proud to be certified by Great Place to Work, recognised as one of the Financial Times UK’s Best Employers in 2025 and 2026, and awarded Bronze status under the Armed Forces Covenant. Taken together, these achievements reflect our genuine commitment to putting our people first and supporting those who serve. Guided by our values — caring for people, pulling together, finding better ways and getting the right things done — we’re building a workplace where colleagues feel connected, valued and empowered. Alongside competitive pay, we offer meaningful benefits, salary reviews, a discretionary bonus scheme and continued recognition. We’re invested in your development too. With the right support and hands-on learning, you’ll grow your skills, shape your career and realise your ambitions. Equal Opportunities Vanquis Bank is an Equal Opportunity Employer. We value everyone’s unique background, identity and experience, and we’re committed to a workplace where all colleagues can thrive. If you need any adjustments or support during the recruitment process, please contact careers@vanquis.com and we’ll be happy to help.