MERJE is seeking a talented Lead Credit Risk Analyst for a leading Mortgage provider in the UK.
Having grown over 150% YoY in 2024, they are now hiring a Lead Credit Risk Analyst to help them continue growing responsibly and compassionately — blending data-driven insight with an understanding of real people’s lives.
Apply promptly! A high volume of applicants is expected for the role as detailed below, do not wait to send your CV.
Location: London (Very Hybrid)
The Role
As a Lead credit Risk Analyst, you would be reporting to the Head of Propositions and you’ll be a key member of the1st line credit function, shaping how they evaluate and support customers with more complex financial stories. This includes building smarter risk models, improving affordability assessments, and ensuring lending decisions are inclusive without compromising on credit quality.
Key Responsibilities:
* Using credit bureaus and non-conventional data sources to analyse near-prime
* mortgage performance to identify trends, risks, and opportunities to expand access
* safely
* Work with colleagues in credit, underwriting and product to evolve criteria and
* propositions that recognise complexity e.g., variable income, minor credit issues, or
* self-employment
* Help maintain credit scoring models and affordability tools that are both robust
* and human-centred
* Develop clear reporting to monitor portfolio health and highlight areas for continuous
* improvement
* Support the risk assessment process for forward flow partners and funder reporting
* Contribute to scenario testing and stress analysis, ensuring our approach remains
* resilient in different market conditions
* Keep up to date with UK mortgage regulation, consumer duty requirements, and
* emerging risks impacting underserved borrowers
* Act as an advocate for balanced, evidence-led credit decisioning that reflects the
* realities of modern life
Required knowledge and experience:
* Significant experience in credit risk analysis or modelling, ideally in UK mortgages and
* complex or near-prime lending
* Deep understanding of how to assess and manage credit risk across complex customer
* types
* Strong technical skills – familiarity with Python and SQL a plus
* Experience developing credit scorecards, PD/LGD models, and affordability
* assessments
* Knowledge of UK affordability rules and regulatory landscape (FCA, PRA, Consumer
* Duty)
* Comfortable working independently and taking ownership, both iterating pre-existing
* work and starting from a blank slate
* Ability to clearly communicate your analyses and models in writing, verbally and
* through appropriate visualisations
* Empathy and curiosity — you’re excited to help design solutions for real people, not just
* Models
If youre an experienced Credit Risk Analyst looking for a fast-paced role in a mortgage business, we want to hear from you. Apply now to take the next step in your career!
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Applicants must be located and eligible to work in the UK without sponsorship.