Senior Credit Risk Analyst

Admiral Money are expanding and an exciting opportunity has arisen for a Senior Credit Risk Analyst to join the team. The role involves taking the lead on our credit risk and pricing analytics, specialising in the monitoring and enhancement of our credit acquisition strategies.

At Admiral Money we have a number of product verticals, one of which is Motor Finance. The Motor Finance industry is evolving, with Covid-19 and FCA rulings opening the market across all channels & enabling digital partners to compete. In addition, we are seeing customers feeling more empowered and in-control which means it is vital we deliver relevant, customer-focused products.

Here at Admiral, we are best placed to respond to this, with over 20 years’ experience in the Motor industry we are a highly trusted and respected brand, in addition we have built years of deep data across our millions of customers ad we’re now ready to be in the driving seat! To do this we need to strengthen and grow our team to help us on our journey!

The successful candidate will be able to quickly fit into a fast-moving, innovative and high profile environment, and will be required to hit the ground running; prior experience in a credit risk function is therefore a prerequisite. The role involves owning and managing our decisioning strategies; candidates will be involved in setting direction and leading the way, whilst very much retaining a hands-on approach.

This role can be fully remote with occasional visits into the Cardiff office. We are open to discussing individual working arrangements. 

About Admiral Money

Admiral Money (AFSL) is an exciting, new division of Admiral Group. We have the freedom and innovation of a small start up with the security of a large parent company, Admiral. 

The journey started when we launched unsecured personal loans in June 2017. We went on to be the first direct to consumer car finance provider in December 2017. Since then, we have gone from strength to strength and have some exciting plans for the future.

We’re looking for people who are keen to learn, excited about getting stuck in and are ready for a challenge to help us to achieve our aim of creating a special lending business for our customers.

Responsibilities

• Design, develop and deploy effective and efficient decisioning rulesets and policies, producing actionable proposals and implementation plans
• Monitoring the risk/reward profile of the portfolio, reviewing and proposing changes to acquisition strategies and customer affordability assessments as appropriate
• Assessing new data sources, tools and techniques to ensure the quality of credit decisioning is maintained in a fast-changing external environment
• Providing a wide range of work to meet the Risk & Pricing team’s visions, and support a range of ad-hoc projects and deliverables.
• Providing waterfall views of credit rules at product level, identifying problem areas and opportunities to expand
• Identifying any emerging trends, concentrations, potential new risks
• Generate key management information to support business direction setting and ensure Risk Appetite goals are met
• Design and deliver enhancements to credit risk strategies to achieve the right outcome for our customers
• Apply commercial acumen to interpret results and produce actionable recommendations to optimise how we deal with risk
• Reporting and monitoring the effectiveness of our front-end customer outcome, across a range of channels and product

Requirements

The successful candidate will ideally have: 

• Experience of extracting, manipulating and reviewing data using SAS/SQL (or similar data tools such as R and Python)
• Experience of working with application strategies, customer affordability calculations, and customer identification/verification tools

Our Commitment to You

At Admiral, we are committed to being a diverse and inclusive workplace. Admiral is proud to be an equal opportunities employer and does not discriminate on the basis of race, sex (including pregnancy, childbirth, reproductive health decisions, or related medical conditions), national origin, gender, gender identity, sexual orientation, disability, age, or any other legally protected status.

All qualified applicants will receive equal consideration for employment.

Salary, Benefits and Work-Life Balance

We do not have a set salary for this position, as it will be dependent on the successful candidate’s experience. We are happy to see CVs from all candidates who meet the requirements and will be happy to discuss the remuneration package.

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to Work For in the UK. We want you to have an element of freedom to define a working lifestyle that supports this, so accommodate flexible hours wherever possible.

All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.

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