Job Description

Prudential Risk Analyst - Financial Services

In this role you will lead the development of the Society's credit analytics capability, working with both internal and external stakeholders to enable the Society to have a balanced portfolio of forward and backward-looking credit MI.

Working with the Chief Risk Officer you will focus on the oversight of credit and prudential risk areas, for example: lending policies, Credit Risk Management Framework, ICAAP, ILAAP and the Recovery Plan and Resolution Pack. This is a standalone, hands-on role, ideal for you if you have a strong understanding and experience of credit and prudential risk.

We are looking for candidates with a background in Credit Risk, Finance or Treasury with experience of Prudential Risk within the UK financial services or banking regulated environment.

This role involves:

Monitoring and developing the Society's credit analytics capability including: analysis and monitoring of portfolio credit quality; development of loss given default modelling; development of forward looking indicators of stress and credit quality; and analysis of the financial Impacts of climate change on our mortgage portfolios;

Analysing, testing and giving feedback in respect of key regulatory documentation including: ICAAP, ILAAP, Recovery Plan and Resolution Pack, key regulatory returns and operational resilience;

Providing oversight and challenge of the risk appetite, including liaising with first line of defence owners to review risk limits and early warning indicators and review risk policies;

Undertaking second line of defence reviews as agreed within the annual risk and compliance plan and undertake asset book deep dives as required, providing reports to executive and Board level committees;

Attending Retail Credit Risk Committee;

Leading the development and delivery of the Green Agenda covering all aspects of the Society, ensuring a sustainable and long-term plan of actions which achieves the Society's goal of becoming a lower carbon business of the future and ensures continual colleague engagement;

Working with the Chief Risk Officer to prepare, review and finalise the Society's annual corporate insurances renewal.

To be considered you will need:

A background in Credit Risk, Finance or Treasury either in a first or second line capacity;

At least 2 years' recent relevant prudential risk management experience within a similar regulated entity;

Excellent administrative and PC skills covering Microsoft Office suite of products, specifically use of Excel;

A good understanding of the regulatory requirements around credit risk management, responsible lending, ICAAP, ILAAP and Recovery Planning;

Strong communication skills, able to deliver second line of defence assessments confidently to the Board, and if required the PRA;

Able to balance a multitude of different tasks and be able to manage your time to ensure delivery of all tasks within agreed deadlines;

To be a self-starter with a desire and ability to demonstrate accountability, go above and beyond whenever necessary, and continually seek to develop your skills and abilities;

A keen eye for detail, producing work to consistently high standards;

A relevant qualification (desirable) and ability to demonstrate relevant continuous professional development;

5 GCSE's grade 9-4 (A*-C) or equivalent, including English and Maths.

Job Types: Full-time, Permanent

Pay: 40,000.00-45,000.00 per year

Benefits:

Company pension Free parking Life insurance On-site parking
Schedule:

Monday to Friday
Ability to commute/relocate:

Tipton, DY4 8HG: reliably commute or plan to relocate before starting work (required)
Application question(s):

In which role have you gained an understanding of the regulatory requirements around credit risk management, responsible lending, ICAAP, ILAAP and Recovery Planning?
Education:

GCSE or equivalent (required)
Experience:

relevant prudential risk management: 2 years (required) Credit Risk, Finance or Treasury: 2 years (required)
Work authorisation:

United Kingdom (required)
Work Location: Hybrid remote in Tipton, DY4 8HG

Application deadline: 22/05/2025