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Credit Risk Senior Analyst - Newcastle Upon Tyne, United Kingdom - Virgin Money

Virgin Money

Verified Company

Newcastle Upon Tyne, United Kingdom

1 month ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

Business Unit:

Personal Credit - Risk

Salary range:

up to circa £39,500 DOE

Contract Type:

Permanent

Join Virgin Money as we transform our team into one that is ready to meet the challenges of the future, setting us up to support our ambition to disrupt the status quo and turn traditional banking on its head.

We're on the lookout for like-minded individualsand innovators to help drive our strategy forward.

We're also transforming how we work, offering our colleagues more choice, control and flexibility to live and work how they choose with
A Life More Virgin.

Here's what it means for YOU:

38.5 days annual leave for all colleagues (including bank holidays and pro rata if parttime)?
Five extra paid wellbeing days per year?
A 35hour working week
20 weeks paid, gender neutral family leave (52 weeks in total) for expectant parents and those looking to adopt
Market leading Pension & Private Medical Insurance
Flexible benefits including Cycle to Work, Wellness & Health Assessments and Critical Illness
Ability to work anywhere in the UK? (where the role allows)

And you get these Red-Hot Rewards from day one

The team's purpose is to support the growth of the Unsecured portfolios whilst managing the credit risk, ensuring that growth is responsible and appropriate, reflecting economic and internal influences and adhering to regulations.

It is responsible for newacquisition, existing customer management and early arrears monitoring. The team ensure customers are at the heart of all decisions, both internal and external, and live our purpose - Making You Happier About Money

This role in a nutshell.
Will be agile and fast paced, adapting to the objectives of the business and the economic climate. Building strategies which maintain an appropriate level of risk and providing robust and comprehensive MI to monitor their performance,

Here's what you'll be doing.

Completing analysis using SAS and Microsoft office to explore emerging trends and make subsequent strategy changes, overseeing strategy change and MI investigations.

Reporting findings to people leader and sharing them in team wide expert panels. Respondingto regulatory requirements and economic changes.

To be brilliant you must have
:

Provide input into the scoping, design, development and implementation of credit risk strategies, shaping new strategies whilst maintaining regulatory compliance.
Deliver insightful MI and commentary on portfolio performance against business plans, forecasts and risk appetite.
Monitor the performance of the business and provide early warning of adverse risk trends including new and emerging risks.
Expertly use MI to monitor credit metrics of both new and existing business, including making recommendations for changes to manage emerging risks and the identification of new opportunities.
Promote and represent the team in crossbusiness projects and meetings.
Develop improvements in processes used across the team to generate further efficiencies in team delivery.
Manage and prioritise own workloads to align work and deliver to priorities defined from management.
Ensure full compliance with all internal and external legal and regulatory obligations.
Placing customers (internal and external) at the heart of decision making, ensuring that Credit Risk and wider VM business colleagues are customer focussed and committed to achieving the right outcomes for customers and for VM.

The following would be not essential
:

Proven experience in a role demonstrating an excellent ability to analyse and interpret data, showing a logical approach to problem solving in relation to both business and technical issues
A business/numerate degree and/or equivalent relevant technical experience
Excellent report writing and presentation skills
Good communication skills
Good understanding of credit risk management in consumer finance
SAS / SQL coding experience

We really need you to have the skills and experience listed in the '
To be brilliant you must have'section above, but the rest is just our wish list, so please don't let that put you off applying, we'd love to hear from you

Inclusion at Virgin Money
**Now the legal bit
**Living A Life More Virgin allows our colleagues to be based anywhere in the UK (if the role allows it) but we will need to you to confirm you have the Right to Work in the UK.

If we offer you a job and you accept, there are some checks we need to complete before you can start with us.

This will include a credit and criminal record check, as well as providing 3 years' worth of satisfactory references.