Senior Credit Risk Analyst

How you’ll help us live our purpose

We’ve been helping our members save for their future and buy their own home since 1875. Join us and you’ll play a big role in putting home ownership within reach of more people, generation after generation. It is a purpose that drives everything we do, and you can play your part too – join our Credit Risk team as a Senior Credit Risk Analyst.

You will support the delivery of a robust and forward‑looking Credit Risk framework through high‑quality analysis, insight and modelling support, with a particular focus on stress testing, forecasting and ICAAP.

The role is responsible for contributing to the assessment of portfolio resilience under a range of economic scenarios, ensuring outputs are well understood, appropriately challenged, and effectively communicated to support risk appetite, strategy and regulatory obligations.

• Strong understanding of financial planning and forecasting disciplines.
• Detailed understanding of IFRS9 and experience delivering stress testing, forecasting or ICAAP exercises.
• Demonstrable experience in credit risk (portfolio or modelling).
• Experience with in Credit Risk in financial services, ideally mortgages or retail lending.
• Strong analytical capability with experience using tools such as SQL, SAS, Python or equivalent.
• Good understanding of credit risk drivers, including affordability, LTV and macroeconomic linkages.
• Knowledge of risk appetite frameworks and credit strategy design.
• Understanding of regulatory frameworks relating to capital and credit risk (e.g., ICAAP, PRA expectations).

• Hybrid working – 2 days per week in the office
• Annual bonus of up to 12%
• Matched pension contributions up to 10%
• 26 days holiday, plus bank holidays and holiday purchase scheme
• Colleague Mortgage and Saver products
• 2 days volunteering per year

Our business is centred around our people. Our colleagues are at the heart of everything we do, as shown by our Inclusive Employers Gold accreditation in 2023 and 2025. We’re committed to equal opportunities regardless of race, colour, ancestry, religion, sex, national origin, sexual orientation, age, citizenship, marital status, disability or gender identity.

You’ll be joining a truly purpose-focused culture which helped us win the Leading with Purpose award at the 2023 Business Culture Awards. This recognises how we’ve embedded our purpose with our colleagues, and the actions we’ve taken to put home ownership within reach of more people, generation after generation.