Credit Risk Analyst

About the Role

Our client is seeking a detail-oriented and analytical Credit Risk Analyst to join their team in Stoke-on-Trent . This role focuses on assessing the creditworthiness of potential borrowers and existing clients, managing credit exposure, and contributing to the firm's robust risk management framework within the banking and finance industry. You will analyze financial data, monitor portfolio risk, and develop strategies to mitigate potential losses. This is an excellent opportunity for a proactive individual looking to contribute to sound lending practices and financial stability in a challenging market environment.

Key Responsibilities

• Analyze financial statements, credit reports, and other relevant data to assess the credit risk of individual borrowers and counterparties.
• Monitor the credit portfolio, identifying trends, potential defaults, and areas of concern.
• Develop and implement credit risk models and scoring systems to support lending decisions.
• Prepare credit reports and recommendations for loan approval or denial to senior management.
• Ensure compliance with internal credit policies and external regulatory requirements.
• Collaborate with relationship managers and other departments to manage credit exposures and resolve issues.

Requirements

• Bachelor's degree in Finance, Economics, Statistics, or a related quantitative field.
• 1-3 years of experience in credit analysis, risk management, or a related role in the financial sector.
• Strong understanding of financial analysis, accounting principles, and credit risk assessment techniques.
• Proficiency in data analysis tools and software, including Excel and potentially SQL or statistical packages.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work effectively in a team environment in Stoke-on-Trent .

Benefits

• Competitive starting salary and potential for performance-based bonuses.
• Comprehensive health, dental, and vision insurance.
• Pension scheme with employer contributions.
• Opportunities for training and professional growth in credit risk management.
• A supportive work environment focused on developing talent within the financial services sector.