Senior Credit Risk Analyst - Mortgages

End Date Tuesday 25 April 2023 Salary Range £38,232 - £42,480
Agile Working Options Flexibility in when hours are worked, Hybrid Working, Job Share, Reduced Hours Job Description Summary This role sits within the Mortgage Credit Risk team, Chief Credit Office, Risk Division and is critical in leading the build, delivery and maintenance of credit risk strategies and oversight of the business. Job Description FLEXIBLE ON LOCATION (Existing team are based Pendeford/London/Leeds/Halifax/Chester/Cardiff) - see Agile Working statement at the bottom of this description

• Analytical role to lead the development and delivery of Retail Credit Risk lending strategy (e.g. scorecard cut-off selection, policy rule optimisation, referral strategy management etc.) to manage LBG mortgage lending within risk appetite.
• Build relationships with business partners, communicate analysis and business implications clearly, delivering required output to agreed plans and timescales.
• Maintain strategy compliance with internal governance and against regulatory guidelines.
• Find opportunities in new data and wider LBG projects that may enhance and support mortgage credit risk management.
• Support and coach junior members of the team, and work with credit risk managers to support and develop wider initiatives across the department.
• Work to and contribute to the development of standard methodologies within all aspects of credit risk analytics and management.

Role and Responsibilities

• Deliver robust and timely credit analytics to support strategy development and monitoring.
• Innovate and improve existing processes to deliver operational benefits to the team.
• Act as an expert point of contact on mortgage credit risk related items with partners and be recognised as a consistent source of business insight and solutions.
• Communicate business implications of analysis to team members and business partners, showing awareness of wider business impacts and suggesting recommendations for partners.
• Work pro-actively with IT, risk and operational areas to drive forward and mitigate issues in the implementation and use of risk strategies.
• Ensure all work (incl. analytics, documentation, implementation etc.) is aligned with group standards as well as external regulation set by regulators and within legislation (PRA, FCA, GDPR, DPA etc.).
• Proactively contribute to the scoping, design, development, validation and implementation of strategies.
• Display a "can do" attitude to meeting partner requirements and overcoming obstacles to delivery.
• Provide technical leadership to junior team members on all aspects of advanced analytics, managing delivery of own and other's work to agreed timescales where appropriate, whilst increasing their technical knowledge.
• Build and maintain a network of contacts across the mortgages and risk community at LBG and be aware of relevant regulatory and legislative changes.
• Respond to individual and team objectives and invests in improving personal performance by growing own skills and capabilities, coaching others when required.

Knowledge, Experience and Skills Needed

• A degree (or equivalent) in a numerate subject with knowledge of advanced analytical techniques.
• 2+ years in the development of risk strategies in Retail Banking including experience in the extraction and manipulation of large datasets.
• Experienced and competent in the use of computer-based software and/or statistical packages (e.g., SAS, SPSS, R, Matlab, C, C++,, JAVA, EViews).
• Good knowledge of modern risk management techniques within Retail Banking.
• Ability to work effectively as part of a team environment, with some experience of providing technical support to others.
• A high level of creativity, drive, innovation and initiative – a self starter.
• A logical and analytical approach, with the ability to work quickly and at a high level of detail and accuracy, and a highly analytical approach to problem solving.
• Proven ability to work without the need for close supervision showing excellent time management, planning and organisational skills.
• Excellent communication skills, both written and verbal with knowledge or experience of tailoring communication for different audiences.

Preferred

• Experience in use of SAS Macro’s
• Experience in mortgage credit risk analytics
• Experience working with customer data from a product/account level sources.
• Experience of managing/coaching junior colleagues

What we can offer you in return You'll enjoy our dedication to your ongoing personal and professional development. We'll help you perform at your best today, so you can fulfil all your potential in the future. We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We're an equal opportunity employer and deeply value diversity within our organisation. We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation. So if you have the skills we’re seeking and you’re looking for your next step, we’d love to hear from you. Together we make it possible! Our continued commitment to helping Britain prosper means that as a colleague you can make a difference to customers, businesses and communities. Together we have a key role to play in shaping the bank of the future, whilst the scale and reach of our Group means you'll continue to have opportunities to learn, grow and develop. We're focused on creating a values-led culture, and our approach to inclusion and diversity means that we all have the opportunity to make a real difference, together. As part of the Group's commitments as a result of ring-fencing legislation, colleagues based in the Islands are required to be exclusively dedicated to the non-ring-fenced bank and its subsidiaries. This means that colleagues who are based in the Islands would not be able to undertake roles for the Ring Fenced Bank from their existing location and would need to consider relocation when applying for roles. As a function we're committed to the principles of agile working, and we’d be particularly keen to receive applications from candidates interested in working the role as a job share. At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop. We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.