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Credit Risk Analyst, Milton Keynes

Location:UK - Buckinghamshire - Milton Keynes
Salary:£25000 - £35000 per annum
Type:Full-Time Permanent
Sector:Financial Services - Credit
Company:Hays Banking
Posted:04-09-08

Job Description

The analysts will do this by:
·        Solving complex business problems and providing practical value based solutions
·        Taking accountability for an area of credit policy, or a suite of risk models, monitoring performance, clearly communicating issues, developing and recommending changes where appropriate.
·        Ensuring that strong links are maintained between Risk and other key business areas.
·        Develop credit strategies for new products to support the growth of Commercial Banking in .

Key Responsibilities and Relationships
Identify key portfolio issues requiring further investigation using in depth knowledge of credit portfolio performance.
·        Use expert judgement and fresh thinking to analyse and predict the outcome of unprecedented business strategies.
·        Conduct detailed statistical data analysis using appropriate analysis software (eg SAS) at an expert level.
·        Ensure that all analysis is completed with a high degree of accuracy and that all assumptions are clearly stated.
·        Maintain a strong awareness of other portfolios, competitor and market activity and take account of this when predicting performance
·        Consider the full business implications of any proposed change and always recommend pragmatic solutions
·        Develop a range of scenarios where appropriate
·        Take ownership for monitoring and managing the performance of a credit product or group of policies,strategies or models
·        Ensure that Risk senior management and key business stakeholders are presented with a clear and sophisticated analysis of business performance
·        Use mathematical and programming expertise to develop industry leading forecasting and analysis techniques
·        Specify objectives and data requirements of all pieces of analysis Work with other Risk and business teams to avoid conflicting objectives or duplication
·        Ensure that planning includes any implementation resource requirements
·        Determination to maintain momentum when obstacles arise
·        Continuously review progress against plans and adapt in line with changes in business strategy or priority
·        Translate complex concepts into clear and simple communication tailored to meet the needs of the audience and to gain the desired outcome
·        Ensure that other team members are aware of relevant issues that are of interest or may affect their work
·        Use expert knowledge of credit policy, systems, sales processes and business plans to support the development and maintenance of optimal Risk decisioning infrastructure
·        Build and maintain relationships with counterparts in other business areas, providing regular progress updates and gathering intelligence on business performance and developments
·        Ensure that non-Risk personnel understand key portfolio risk and profitability concepts and consider these in their day to day work
·        Challenge proposals and decisions that conflict with sound, value based credit portfolio management
·        Take ownership of own personal development, proactively identifying personal development needs

Contact:Nicole Cameron
Reference:00186299