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Credit Risk Analyst

Location: REDHILL, SURREY Salary: 35000 - 40000 GBP Per Annum
Sector: Accountancy Job Type: Contract
Shift Type: N/A Applications: 3
Posted: 3 months ago Reference: 3127343
The key purpose of the role is to look after a small team who are responsible for the management and implementation of any credit policy changes and new product requests. This includes all changes to the credit approval decision trees.

1. General strategic Analyse, model, monitor, report on and develop a retail risk policy:
• Management of all credit risk decision tree changes
• Control and development of the related credit policies, procedures, controls and reporting
• Support the preparation of plans, budgets and related KPIs and measures
• Support the operation in line with the agreed plans, budgets and KPIs
• Proactively identify opportunities for business and product development
• Active contribution to the performance of the Risk Team
• Development of close, effective working relationships with our manufacturer partners, relevant departments, internal and external auditors and other related 3rd party suppliers and organisations
• Support the Sales team with all policy and product queries
• Ensure compliance with all related polices regulations and mandates
• Validate all resources and data obtained from outsourced operations and ensuring KPI’s are delivered and charges are verified in accordance with the agreements in place
• Delivery of specified projects as a part of the strategic and operational plans
• Adherence to all risk policies and an active engagement with our conduct risk and customer focused culture
2. Planning and budgetary control
Contribute to the development of an annual business plan and budgets in line with overall objectives, including timings and high-level deliverables based on the strategic goals established for the role with line management and support the delivery the plan in line with the prescribed timings.
3. Technical knowledge Maintain up-to-date awareness of all relevant decision tree, credit, compliance and regulatory requirements, and market performance and best practice. Work with the business and related partners to continually refine policies and processes. Act as a risk subject matter expert within the organisation.
4. Stakeholder engagement Establish a sound working relationship with all areas of the business, including our joint ventures and our white label partners. 
5. Communication and Reporting Establish and maintain effective communications with the Sales force, all related regulatory and compliance bodies, our joint venture and manufacturer partners, Santander UK, and other key stakeholders.
6. Outsourced Oversight
Maintain effective oversight and monitoring of any outsourced or other department related activities, to ensure performance against Key Performance Indicators (KPI’s) and Service Level Agreements (SLA’s) are delivered and contractual obligations and charges are verified and audited. 
7. Insight and continuous improvement
Establish an on-going review process in order to continually improve and refine the departments QA measures and performance and to ensure continued adherence to legislation, regulation and internal policy.
8. Other Deputise for other team members and represent the Risk Department as required. Carry out any other tasks from time to time as may reasonably

- Planning Must be capable of developing coherent role related operational plans as well as detailed project level plans.
- Communication Must possess good written and verbal communication skills and be able to effectively communicate with and present to both internal and external stakeholders across all business levels.
- Teamwork Must be an excellent team player, able to establish strong working relationships with stakeholders, colleagues and business partners.
- Time Management Must display sound independent time management skills by delivering activity within prescribed timeframes through the effective prioritisation of actions across multiple operations, projects and on-going programmes.
Sound and relevant risk analysis or underwriting experience within financial services, preferably automotive/asset related, together with the required soft skills 
• Ideally will be well versed in the broader areas of financial services operations including:
o Products and services
o Automotive market – RV data management 
o Related data and reporting

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