Senior Credit Risk Officer – Consumer Credit

Chester, Cheshire
LLoyds Banking Group
End Date
Thursday 06 July 2023

Salary Range
£0 – £0

We support agile working – click here for more information on agile working options.

Agile Working Options
Flexible / Variable Hours, Other Agile Working Arrangements / Open to Discussion

Job Description Summary
A fantastic opportunity to join the Consumer Credit Risk as a Senior Credit Officer within the Homes team. You will be responsible for the Credit Risk management of Property Risk and Sustainability for homes including supporting the design, implementation, and oversight of credit risk strategies as well as the oversight of the associated portfolio to ensure performance is within risk appetite. You will set up and manage the appropriate frameworks and conduct deep-dive analyses to identify trends and opportunities for improvement.

You will oversee a team of analysts and work cross-functionally with a range of partners including product, engineering, finance, as well as other credit risk teams to deliver innovative ways to minimize losses while balancing growth and customer experience.

It’s an exciting time to be joining the team as we mobilise in response to the changing world around us – from regulatory changes to the Group s new strategy. We re also heavily investing in our data and infrastructure to enhance credit decisioning capabilities to deliver safe and sustainable growth.

We would like to hear from applicants with a background in credit risk and / or consumer products and enjoy working in a collaborative and innovative setup

Job Description

Our core purpose is to maintain a resilient portfolio through sustainable lending, to deliver the best outcomes for customers and partners. We do this by taking ownership to act, while supporting each other and valuing difference. You’ll work directly with multiple partners within and outside the Credit Risk team, with responsibilities including:

• Provide technical and strategic input into new product launches, regulatory topics, business requirements and risk transformation activity.
• Develop and implement credit risk strategies relating to property risk & sustainability for homes products, ensuring that actions effectively manage risk and reward, support business objectives and translate into positive portfolio outcomes.
• Overall accountability for all valuation decisions and oversight, delivering homes portfolio credit risk appetite and ensuring responsible lending guidelines are met.
• Monitor portfolio performance and conduct deep-dive analyses to identify trends and opportunities for improvement.
• Collaborate with product, engineering, and finance teams to design and implement new products and features that balance risk and growth.
• Oversee a team of analysts/managers and provide coaching and mentorship to drive performance and development.
• Stay current on industry trends, regulatory changes, data innovations and competitive landscape to inform credit risk strategies and decisions.
• Identify, manage and report emerging risks, raising to senior leadership appropriately.

What are we looking for?

Essentials

• Analytical expertise – confidence in using Microsoft Office and have understanding of using analytical software, such as SAS or SQL, to deliver insight.
• Credit Risk – you ll have experience managing credit risk using automated strategies and models and the financial knowledge of risk vs. reward and managing within risk appetite.
• Lead through change – an ability to define and supervise change that helps improve the way we do things.
• Communicating effectively – a strong ability to explain complicated issues clearly to different audiences; technical, non-technical. You ll build effective relationships with people.
• Responsible lending – understand regulatory compliance and conduct risk for fair customer outcomes.
• Leading others – a passion for developing your team through stretching objectives, feedback and coaching, supporting and inspiring them to deliver on our purpose.
• Collaboration – building effective partnerships and working collaboratively with a wide range of partners to meet shared objectives.
• Close attention to detail – as well as ability to stand back and look at the wider picture.

Desirables

• Strong numerate skills and qualifications (either A-Level or Degree).
• Deputising for senior leadership as needed and supporting them to shape the credit risk future.
• Experience of proposition development.

What we can offer you in return

You’ll enjoy our dedication to your ongoing personal and professional development. We’ll help you perform at your best today, so you can fulfil all your potential in the future. We have the scale and breadth to provide you with a diverse range of personal development and a career that s enriching.

As well as a competitive salary, you can also expect excellent benefits, including a discretionary performance-related bonus, private health cover, share schemes, and a generous pension contribution, along with the option to choose from a wide range of industry leading benefits.

Our team is primarily based around our London, Chester, Cardiff, Pendeford, Leeds and Halifax offices, but we have colleagues spread all over the UK. As a team we work flexibly following a hybrid working model, combining working from home with travel to our offices. Plus, you ll be part of an encouraging team who work in a variety of flexible ways to accommodate work-life balance.

We’re committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We’re an equal opportunity employer and deeply value diversity within our organisation.

We’ll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

So if you have the skills we re seeking and you re looking for your next step, we d love to hear from you.

At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.

We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.