Senior Credit Risk Analyst- Financial Services

The role

We’re looking for a Senior Credit Risk Analyst to join our Financial Services team

This role sits within the Credit Risk team, supporting the development of the lending strategy to drive long-term, sustainable profit from our Financial Services offering. This will be achieved through the monitoring of the existing strategy, working alongside the team to identify opportunities for changes ensuring good outcomes for customers and the business.

You would join a team lead by the Head of Portfolio Risk and Collections who is responsible for credit limit management, risk based pricing, collections strategy and portfolio risk management, including IFRS9 modelling. The role is ideally suited to an experienced analyst in a Credit Risk team who is looking for a new opportunity in a growing, fast-paced organisation. In this role you would work alongside colleagues across the Credit Risk lifecycle, as well as from Digital Operations, Financial Services Product and Compliance.

What will you do as a Senior Credit Risk Analyst at N Brown?

1. Responsible for the production of complex ad-hoc analysis, providing timely conclusions and recommendations to support the Credit Risk team.
2. Provide support in the planning, testing and implementation of strategy changes within the credit risk decision engine.
3. Responsible for the development of new monitoring, as well as the accurate and timely production of regular MI, including insight into these reports for senior management.
4. Create and undertake analysis to monitor the groups lending strategies and risk decision systems to ensure these are working as expected.
5. Help to drive continuous improvement through the identification of opportunities to enhance the existing customer strategy.
6. Represent the Credit Risk team across cross-functional projects.
7. Build effective collaborations with other Credit Risk Managers and Analysts to ensure monitored metrics are a suitable measure of current risks.
8. Provide support with the month-end IFRS9 process, to investigate any changes in customer behaviour impacting inputs or outputs to the model.
9. Develop knowledge of the existing N Brown IFRS9 model and its components.

What skills and experience will you have?

1. You have a degree in a STEM subject.
2. You would have previous experience of working as an analyst in a Credit Risk team, utilising SQL and Microsoft Excel to an advanced level.
3. You would be highly analytical with strong technical skills and a focus on accuracy and attention to detail.
4. You would be self-motivated with the ability to work autonomously in a responsible manner, seeking advice when appropriate.
5. You would have proven planning and organisation skills to manage multiple competing requirements, prioritise work and meet demanding deadlines with minimal supervision.
6. You would be comfortable extracting and analysing large datasets using SQL.
7. You would have strong written and verbal communication skills, which must include the ability to convey complex information clearly with confidence.
8. You would be able to collaborate effectively by building good business relationships with your peers across the business.
9. You are a ‘self-starter’ who takes initiative and can work with ambiguity.
10. You should be highly analytical with a demonstrated ability to solve problems through logical thinking.
11. You may have previous experience of working with an IFRS9 model.
12. You may have previous experience in credit risk model development.
13. You may have worked in a credit risk team for an online retail lender.

What’s in it for you?

1. Hybrid working.
2. 24 days holiday (+ 8 bank holidays) with the option to buy an additional 10 days.
3. Annual bonus scheme.
4. Enhanced maternity and adoption leave.
5. Company pension with up to 8% N Brown contribution.
6. Mental Health support both internally and externally, including access to our wellbeing champions and counselling services.
7. A range of financial wellbeing support.
8. Colleague discount across all N Brown brands.
9. Onsite café with subsidised rates and local restaurant discounts!
10. Life Assurance and Private Medical Insurance.
11. Paid volunteer time – all our colleagues can take a full day paid to volunteer for a charity of their choice.

N Brown – who we are and why work for us?

At N Brown, we’re committed to building a diverse workforce and creating an inclusive environment that values equality for all. Our vision is that by ‘championing inclusion, we’ll become the most loved and trusted fashion retailer’. Diversity, Equity, Inclusion and Belonging are, therefore, at the heart of our culture.

We’re a forward-thinking digital retailer with a financial services proposition to be proud of. We’re customer-obsessed, serving them through three core brands: JD Williams, Simply Be, and Jacamo. We’re experienced, with over 160 years of trading under our belt. We’re inclusive, as we believe in fashion without boundaries; and we’re sustainable, striving to make as little impact on the planet as possible.

In May 2024 we were delighted to be named one of The Sunday Times Best Places to Work 2024. We work hard to create a happy and inclusive culture for everyone and we’re so proud to have made this list - as voted for by our very own colleagues!

Ways of Working

We offer hybrid working which varies across the business depending on the role you’re in. Our Head Office is located in the Northern Quarter in Manchester City Centre. So if you are travelling by train, tram or bus we’re perfectly located, plus we’re surrounded by cool cafes, trendy bars and the best places to eat!

Our working hours are 36.17 per week and our core working hours are between 10am - 4pm. Given we don’t have strict working hours you can find the working pattern that’s right for you.

Our promise to you:

We’re an equal opportunity employer and value diversity. We do not discriminate based on race, religion, colour, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

What happens when you apply to a role at N Brown?

As soon as we receive your application, we’ll send you an email to let you know. We always aim to come back to you as soon as possible with an update and we really appreciate you taking the time to apply for a role with us. Good luck!