Forecasting & Portfolio Credit Risk Analyst

Recruiter
Broadgate Search Ltd
Location
London
Salary
25000.0000
Posted
11 May 2017
Closes
10 Jun 2017
Contract Type
Permanent
Hours
Full Time

My London based and exciting, fast growing FinTech company are looking for a Forecasting & Portfolio Credit Risk Analyst.

Forecasting

  • Develop the approach and tools to forecast arrears and losses within 5% accuracy level,
  • Generate insights and make recommendations to ensure arrears and losses remain within appetite and budget,
  • Generate insights and make recommendations to identify segments for profitable growth.

Provisioning

  • Develop an own the provisioning methodology,
  • Work with finance to ensure accuracy of numbers and adequacy of provision coverage.

Monitoring and planning

  • Ensure all KPIs are within planned objectives and risk appetite by monitoring performance at segment level,
  • Establish a trigger based approach to portfolio monitoring,
  • Set monthly objectives for collections operations to achieve budget for arrears and losses,
  • Track performance of collections staff and make recommendations for changes to staff mandates,
  • Present recommendations to Executive Committee and Credit Committee.

KPIs: Risk adjusted margin, arrear ratio, write-off rate, payment success rate

Knowledge & Experience

  • Highly energetic and entrepreneurial with the ability to adapt in a fast-changing environment,
  • Passionate about solving problems by analysing data and collaborating with other team members,
  • Tertiary qualified in a quantitative field (math, statistics, physics, engineering, economics, finance etc.),
  • Experienced in Risk management or Analytics in the financial services or related industry,
  • Experienced in programming languages (SQL, SAS, SPSS, R, Matlab).
  • A university degree in a quantitative field (i.e. Mathematics, Physics, and Engineering) is essential
  • A master’s degree in a quantitative / finance related discipline is desirable.

If you would like to understand more on this role then please contact Sam Luxton