Credit Risk Analyst

The opportunity

We have an opportunity for a talented Credit Risk Analyst to join us on the exciting and rewarding path we are taking here at Castle Trust Bank. Having become a fully authorised bank in 2020, we pride ourselves in being a fintech challenger bank, providing specialist property mortgages, retail finance lending and savings accounts to a variety of customers. 

The Risk Analytics team specialise in modelling and analytics, including IFRS 9 modelling, playing a pivotal role in ensuring the bank's credit losses are adequately provisioned. The team are responsible for the enhancement, redevelopment, and monitoring of IFRS 9 models, alongside leading the model risk management across the bank.

The team plays a vital role in producing management information and insight, used extensively across the business to ensure the effective management of the retail portfolios. In addition, Risk Analytics play an integral role in regulatory and audit activities, including the ICAAP submissions, half-year and full-year audits.

The role holder will contribute to all aspects of the team’s responsibilities and deliverables, offering the chance to be involved in a variety of initiatives and projects to enhance the role holder’s skills, knowledge and capabilities.

Key responsibilities include:

• Production, development and enhancement of the management information reports and dashboards
• Monitoring of the IFRS 9 model ensuring the business operates within the agreed risk appetite
• Supporting model development, enhancements, and model changes, covering, but not limited to:
• IFRS 9
• ICAAP
• Loss Forecasting
• Supporting the model risk management framework across the Business
• Producing and developing ad-hoc analysis and reports, ensuring insightful, along with relevant and accurate information and commentary to supplement the analysis
• Working with the Technology and Data teams to further enhance the data capabilities of the business
• The creation of Committee packs, providing analytics and insight to senior management and members of the Executive Committee.

This role will benefit a hybrid working arrangement, to be based between our London office (3 days) and working the rest of the week from home.

What we are looking for in you...

What is important to us is that you possess some demonstrable experience in the use of data, including data aggregation and manipulation, as well as carrying out analytical work, either through work experience or university projects, with a good understanding of Microsoft Office applications, especially Excel.

Ideally, you will have experience of management information reports and commonly used risk metrics and some experience of programming in SAS or other programming languages.

In addition, we need someone who is a good communicator with a collaborative approach who has the capability to interact with a range of other stakeholders. As well as being a good problem solver you will need to enthusiasm and drive to continually improve your skills, knowledge, and capabilities.

Given the nature of the role having a degree in a quantitative or numerical subject will be beneficial.

What’s in it for you…

As well as a competitive salary (guide salary circa £35,000 dependent on experience), we offer an annual performance related bonus based on individual and company performance. In addition, a generous contributory pension scheme through Hargreaves Lansdown, life assurance, 25 days annual leave (plus bank holidays on top) with the option to buy/sell up to 5 additional days (terms apply). In addition, you will receive an extra day paid annual leave for Volunteering.

Wellbeing is also high on our agenda, and we offer healthcare benefits through Equipsme and BUPA (dependent on the level of the role). In addition, all colleagues have free access to TELUS Health EAP to support their health and wellbeing. We also offer free eye test vouchers and discounted gym membership, and if that’s not enough, we also offer season ticket travel loans (if applicable).

Caught your attention? If so, we’d love to talk to you and tell you more about what it’s like to work at Castle Trust Bank – The Place To Work!

Castle Trust Bank is an equal opportunity employer where we celebrate diversity and are committed to creating an inclusive environment for all our colleagues to thrive. We welcome applications from all and will not discriminate against any status/characteristic protected by law and will always base our decisions on merit.

We are proud to support people with disabilities and are committed to be a Disability Confident employer. If you are a person with a disability and meet the minimum criteria for the role you will be offered an interview. Should you require any reasonable adjustment to support you in your application for one of our opportunities, please contact [email protected]