Jobs in Credit is the only job site dedicated to recruitment within the UK credit industry, we only advertise jobs which are related to the credit process or are within credit focused organisations. We also offer credit and recruitment related value added services.
Bank of America is one of the world's leading financial services organisations. In the UK alone, we have over six million customers borrowing some £9.5 billion. We are the largest issuer of premium credit cards and the number one provider of affinity cards. We also offer a host of additional products such as travel services and insurance.
Bank Of America employs over 5,000 people, every one of whom is focused on doing the very best they can for our customers. It is the dedication to service that has created such a successful organisation. We set the benchmark to which others aspire. We continue to grow at a phenomenal rate and we have ambitious plans for the future.
We currently have an opportunity to work to a successful team in a fast paced and forward thinking environment. You will leverage our recent investments in data and technology to deliver benefit through powerful analytics and innovative risk strategy implementations.
The key objective of the role is to develop and maintain strategies that carefully balance risk and reward as a means of achieving growth targets and financial objectives.
Primary Duties and Responsibilities
1.Development of risk strategies that deliver measurable profitable growth.
2.Business analysis and reporting to understand financial performance by risk, key channel and behavioral segments.
3.Optimize both risk and reward performance of the portfolio through understanding customer behavior and the impacts to the key P&L lines. .
4.Analyze the relative success of the current strategy suite. Recommend actions where applicable,
5.Liaise with senior management in key business areas impacted by strategy changes.
6.Partner with key stakeholders in from across the business develop and execute coordinated, robust and coherent treatment strategies
Required
1. Proven numeric background
2. Strong technical skills
- SAS
- CHAID Modelling software
3. Strong verbal and written communication skills.
4. Proven track record of selling proposals to senior management.
We are looking for a highly skilled individual for this specialist role. You will need strong analytical experience with a demonstrable understanding of and ability to use statistical techniques and a knowledge of credit scoring principles. Candidates must have an advanced working knowledge of spreadsheets, preferably in MS Excel and experience of using report writing tools such as Business Objects.
The role will involve the development and validation of credit models; analysis, monitoring and reporting on scorecard performance; the development of new tools and techniques for modeling credit risk and credit risk evaluation.
The successful candidate will need to be able to work with minimum supervision within a small specialist team and must be able to demonstrate good communication skills. Also essential is the ability to build professional relationships across all levels
One of the UK's leading Building Societies is seeking an outstanding Credit Risk Analyst to join its Head Office based in North Yorkshire. With an enviable reputation for prudency and a low risk profile, this award winning business continues to be regarded as one the most well run Financial Services entities.
You will focus upon the corporate lending portfolio across the main sectors with clients ranging in size from SMEs to large Corporates; risk mitigation is a key focus and you will be at the forefront of both internal and external FSA requirements. An awareness of Basle-related issues and requirements coupled with experience of relationship management is advantageous. You are an experienced Credit professional with a track record encompassing the full range of lending products currently available from the plain vanilla to the more structured lends.
Strongly analytical with a track record of success in portfolio optimisation and risk awareness you are an excellent communicator across all level of management. A statistical background encompassing credit scoring and/or a relevant industry qualification are advantageous Packages are flexible according to suitability and ‘fit' of candidate - the basic salary range is between £28,500 and £39,750 for this level of position. Successful candidates are expected to progress swiftly given the high profile and visibility of this position.