Credit Risk Analyst


51-200 employees
Posted - Accepting applications

Delivering world-class analytics for the benefit of the customer is at the heart of Tandem €™s vision.

Reporting to the Risk and Pricing Director, the Credit Risk Analyst supports Tandem’s ambitious growth agenda, by putting data at the heart of Tandem’s decision-making and translating both data and analytics into actionable strategies.

The Credit Analyst will work cross-functionally on a variety of business issues to deliver long-term commercial value to the business and provide ongoing value to the customer. They will develop credit and p ricing strategies that ensure that Tandem’s credit losses don’t exceed industry levels and are within Tandem’s declared risk appetite.

Responsibilities:
Help develop and maintain credit risk strategies through the customer life-cycle

Implement credit strategies in Powercurve and other parts of Tandem’s underwriting system

Support testing and reviews of Tandem’s underwriting systems

Help develop and maintain customer lifetime value models to allow Tandem to develop commercially viable product propositions and strategies

Assess, analyse and respond to key strategic issues that may impact product profitability or customer benefits

Mine internal and external data using latest data mining tools such as SQL, SAS or Python.

Work with statistical models e.g. logistical regression, Churn analysis, Decision tree, Survival analysis.

Produce analytical reports to monitor risk performance and commercial performance

Maintain feedback loop between forecast and actuals, as well as spot unexpected trends and dive into potential issues

Develop effective relationships with internal and external partners including Product, Credit Risk, Finance, Compliance, and Legal.

Help maintain and develop Tandem’s impairment calculation methodology (PD, EAD, LGD) and help towards management of impairment line

Role Requirements

Essential:
Building on your experience to date in Financial Services or Consumer Lending, you will be looking for an opportunity to use your knowledge in a dynamic, agile environment, working with Subject Matter Experts and growing your own skills and knowledge with the growth of the company

You must be an advanced user in Excel

Have good knowledge of data-mining tools – SQL, SAS, R, Python

Understanding of data warehousing requirements

Understanding of Bureau data and implementation into Strategy Design Studio (SDS); or other acquisition or ECM decision tool

Desirable:
Experience of Financial Services industry

Knowledge of Fintech space

What do you get from Tandem?

Gain experience working in a fast-paced, high growth, purpose-driven organisation.

The opportunity to work in a supportive environment that encourages learning and improvement.

The opportunity to work with cutting edge technology.

Working in a small team, with experienced professionals means you get a lot of responsibility and lots of opportunities to learn and develop .

Tandem Money is an equal opportunity employer and are committed to meeting our responsibilities under the Equality Act (2010). We respect the diverse experience and talents that every individual brings to our Company and we are determined to ensure that no applicant or employee receives less favourable treatment on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, or race, or is disadvantaged by conditions or requirements which cannot be shown to be justifiable.

Please be aware that background checking (including credit and criminal records checks) form part of our recruitment process. We will adhere to our duties under the Rehabilitation of Offenders Act 1974.

Our mission is to build a business of the future, that improves people's financial lives.

No agencies please