Senior Credit Risk Provisioning Analyst

General information

Job Title Senior Credit Risk Provisioning Analyst Ref # 8218 Location Edinburgh Department Financial Control - Credit Provisions and Reporting Business Area Financial Control Working time Full-Time Date Published 24-05-2023

Serving our customers, communities, and planet a little better every day.

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.

• #LI-NT1

How to apply

We value our people and diverse teams and believe the variety of backgrounds and experiences make us stronger to achieve our goals.
Our colleagues are working hybrid, taking time to meet with colleagues in our offices for moments that matter, such as team catch ups, planning meetings and more. If you’re interested in finding out more about what a career at Tesco Bank looks like, click apply to find out more!

Why Tesco Bank?

We’re also a little obsessed with the future. Your future. Our future. That’s why we take development seriously; we want to help you thrive and evolve in your career. Tesco Bank is a place to get on, all colleagues have access to LinkedIn Learning and Abstract, from day one.
It’s important to us that we make sure you’re supported by your team and colleague networks every day, celebrating when it matters and helping you to be the best version of yourself. The people make Tesco Bank, and we take pride in what we achieve together.

All that hard work? Come and see it turned into something real, usable, and important to customers’ and colleagues’ everyday lives. At Tesco Bank, our products make things a little better for everyone.