Senior Credit Risk Provisioning Analyst

Senior Credit Risk Provisioning Senior Analyst

Permanent

Edinburgh with flexible working available

Salary bandings for this role is between £43k- £65k.

What we’ll offer

An exciting opportunity has arisen for a Credit Risk Provisioning Analyst (internal title), who will be responsible for helping manage the requirements that come with reporting on and understanding the movements of the IFRS 9 provisioning methodology for Tesco Bank. You will be key in understanding and improving the efficiency of the bad debt provision solution, driving forward the necessary changes to optimise the accuracy to influence senior stakeholders with the necessary analysis and outputs that feed into strategic decision making.

What you’ll bring

We don’t expect you to tick every box, and if you feel you hit most of the brief, it’s worth exploring to further develop your career here with us at Tesco Bank.

We are looking for a credit risk/credit provisioning/modelling analyst looking for a step up, or a senior analyst looking to expand their knowledge in a different team. Key Responsibilities:

• Be responsible for monitoring the key parameters and models that underpin the credit provision methodology and highlight these to senior stakeholders.
• Supporting the monthly production of the bad debt charge and deliver on time, before closure of the P&L, for all key lending products (loans, cards, mortgages & overdrafts).
• Building strong relationships with key stakeholders and supporting all business areas to achieve overall business objectives.
• Provide the required bad debt and provisioning outputs for statutory and regulatory reporting.
• Provide ad hoc analysis on a variety of topics to influence strategic decision making.
• Identify and implement opportunities to improve the provisions process with a focus on framework & controls.

Skills/Knowledge:

• Analytical & numeracy background.
• Technical knowledge and understanding of Credit Risk Modelling.
• SAS or SQL experience is essential.
• Practical experience of communicating at all levels.
• IFRS9 knowledge and experience but not essential.

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