Lead Credit Risk Analyst

Internal use only - Grade E

About us

We are The Very Group and we’re here to help families get more out of life. We know that our customers work hard for their families and have a lot to balance in their busy lives. That’s why we combine amazing brands and products with flexible payment options on Very.co.uk to help them say yes to the things they love. We’re just as passionate about helping our people get more out of life too; building careers with real growth, a sense of purpose, belonging and wellbeing.

About the Team

You will work in the Loss Forecasting & Portfolio Quality team within Credit Risk which is a team of 6 (Credit Risk department consists of c.60 FTE), working on multiple priorities within a fast-paced, dynamic environment. Our team are responsible for aspects of bad debt including forecasting, loss provisioning, write offs, assessing portfolio quality, amongst much more.

We don’t expect you to know everything, we have a friendly team who will be able to support you and help you settle in and learn

About the role

As a Lead Analyst you will be making best use of data to provide performance insights into bad debt performance, IFRS 9 provisioning & key aspects of portfolio quality. You will also have the opportunity to do this whilst working closely with our colleagues in the wider Credit Risk team, Finance and Treasury.

You’ll work on multiple priorities within a fast paced, dynamic environment and need to be able to manage the expectations of stakeholders alongside prioritising your workload.

We are a values based business and will expect you to be a role-model for other analysts, assisting with coaching and development of others within the team as well as the wider department.

Critical decisions are made here every day and acted upon immediately – giving you a chance to make a real impact, make decisions and quickly see the results.

About the role

• Bachelor's degree in a quantitative field such as Statistics, Mathematics, Economics, or a related discipline.

• Understanding and experience of IFRS 9 accounting principles & modelling.

• Highly analytical and commercial individual with previous experience working in a credit risk, statistical analysis or data science role.

• Proven ability to develop statistical models and provide insightful analytics in a variety of programming languages.

• Highly intellectual and curious mind with a passion for using data to make recommendations and influence key stakeholders to drive continuous business improvement and support strategic decisions.

• Strong communication skills to convey complex concepts to both technical and non-technical stakeholders.

Some of our benefits

• Flexible, hybrid working model
• Inclusive culture and environment, check out our Glassdoor reviews

• £1000 flexible benefits allowance to suit your needs
• 30 days holiday + bank holidays
• Udemy learning access
• Bonus potential (performance and business-related)
• Up to 25% discount on Very.co.uk

• Matched pension up to 6%
• More benefits can be found on our career site

How to apply

Please note that the talent acquisition team are managing this vacancy directly, and if successful in securing this role, you will be required to undertake a credit, CIFAS, Right to Work checks and if a specific requirement of your role a DBS (criminal records) check. Should your application progress we require you to let the team know if there is anything you need to disclose in relation to any of these checks prior to them being undertaken, including any unspent criminal convictions.

What happens next?

Our talent acquisition team will be in touch if you’re successful so keep an eye on your emails! We’ll arrange a short call to learn more about you, as well as answer any questions you have. If it feels like we’re a good match, we’ll share your CV with the hiring manager to review. Our interview process is tailored to each role and can be in-person or held remotely.

You can expect a two-stage interview process for this position:

1st stage - An informal 30-minute video call with the hiring team to discuss your skills and relevant experience. This is a great opportunity to find out more about the role and to ask any questions you may have.

2nd Stage – A one-hour formal interview where you can expect both competency and technical questions (task based) This can be held either in-person or remotely.

As an inclusive employer please do let us know if you require any reasonable adjustments.

If you'd like to know more about our interviews, you can find out here.

Equal opportunities

We’re an equal opportunity employer and value diversity at our company. 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.

We will 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.