Credit Portfolio Analyst - United Kingdom

Position Overview

Full-time. At Ikano Bank, we believe work should feel meaningful and inspiring. We create a great place to work where people are encouraged to be the best they can be, contributing to a better life for our customers and the long‑term success of the bank, guided by Swedish values of common sense, simplicity, teamwork and daring to be different.

In the Credit function you will help build a strong, responsible bank by setting smart credit strategies and promoting prudent risk management. You will support the business to grow safely, confidently and make a positive impact through sound decision‑making.

Make a real impact on how credit decisions shape business success. In this role you’ll dive deep into portfolio performance, uncover key drivers of risk and profitability within the UK market, and turn data into clear actionable insights. You’ll play a central part in continuously improving portfolio outcomes by spotting trends early and ensuring those signals directly influence smarter credit decisions, sharper pricing strategies and more effective collections.

• Monitor and analyze credit portfolio performance for the UK market across the full lifecycle (origination, back book and collections).
• Track and report key KPIs (approval rates, PD mix, DPD 1+, NPLs, write‑offs, recoveries) and highlight deviations from targets.
• Support closed‑loop portfolio steering by identifying performance signals and proposing corrective actions across decisioning, pricing and treatment strategies.
• Perform detailed analyses on portfolio segments, customer behaviour and risk drivers to support optimisation initiatives.
• Assist in the monitoring and optimisation of credit decision engines, including rule performance tracking and testing support.
• Contribute to back‑book performance management through early warning analysis and identification of risk trends.
• Support the refinement of collection strategies in collaboration with NPL and Operations teams.
• Prepare regular reports, dashboards and presentations for internal stakeholders and governance forums.
• Collaborate with cross‑functional stakeholders (Credit, Commercial, Finance, Risk, Digital) at both local and central level.
• Support ongoing projects and transformation initiatives, including automation, data improvements and analytical enhancements.

Education Level
:
Bachelor’s Degree.

Experience / Competencies

• 2+ years of experience in credit risk, analytics, portfolio management or a related field.
• Technical skills (SQL, Python, BI tools) are a strong plus.
• Exposure to financial services or lending business is preferred.
• Experience in KPI monitoring, reporting or analytical problem solving.
• Experience working in cross‑functional or international environments is a plus.

Language Competencies

• Fluency in English.
• Further language competencies are advantageous.

Knowledge required

• Understanding of banking business, especially lending products and UK market‑specific characteristics.
• Knowledge of credit granting processes, credit risk metrics (PD, delinquency, NPL) and portfolio steering concepts.
• Familiarity with credit decisioning processes, scoring models and lifecycle portfolio management.
• Understanding of fundamental regulations, guidelines and compliance requirements in credit risk and lending.
• Awareness of governance structures within the Credit function.
• Knowledge of collections processes, credit bureaus and external service providers in the credit ecosystem.
• Ability to work with large and complex datasets to generate meaningful analysis and insights.
• Awareness of cross‑market portfolio dynamics and scalability considerations for future market expansion.
• Knowledge of collections processes, early warning signals and NPL dynamics.
• Proficiency in analysing large datasets, using BI tools and leveraging insights for strategy.
• Awareness of advanced risk technologies and digital transformation initiatives.

Capabilities for this job

• Strong analytical skills with the ability to translate data and numbers into actionable recommendations.
• High attention to detail and quality, ensuring robust and reliable analyses for stakeholders.
• Ability to identify…