Senior Credit Risk Analyst (model monitoring)

The Coventry Building Society

Senior Credit Risk Analyst (model monitoring)

Salary Not Specified

The Coventry Building Society, Draper's Fields, Coventry

  • Full time
  • Permanent
  • Onsite working

Posted 2 weeks ago, 3 May | Get your application in now before you miss out!

Closing date: Closing date not specified

job Ref: 1d393cdbdc984faaabdbecaaeace10dd

Full Job Description

We have an exciting opportunity for a Senior Credit Risk Analyst to join the Model Monitoring Camp of the Capital & Impairment team, which sits within the Risk Measurements area of Credit Risk.

The role is to be responsible for delivering and developing model monitoring across Scorecards, IRB, IFRS 9 and other Credit Risk models. Along with adding value by identifying the areas that need further analysis, providing the why behind the results.

Day to Day - Core activities include

  • Prepare quarterly Monitoring Packs to ensure model performance.

  • Conduct ad hoc analysis for stakeholders and committees.

  • Offer insightful analysis to support decision-making.

  • Assist with team tasks and business initiatives.

  • Collaborate with other teams and stakeholders.

  • Present results at senior-level committees.

  • Provide analysis and documentation for audits.

  • Validate results using statistical measures., Effective communication and collaboration are crucial for your success in this role, as you'll be working closely with diverse teams across the Society.

    For you to be successful in this role we are looking for someone who has a qualification with particular emphasis on a numerate discipline (ideally, statistics, finance or mathematics related)


  • Has experience of mathematical modelling, preferably in a Credit Risk or Financial environment, plus proficiency in Python or SAS, with advanced Excel skills.

    It's crucial that you're conscientious and have a strong commitment to maintaining high standards and meeting deadlines. Our work environment emphasizes the importance of delivering top-quality results within specified timeframes.

    As a mutual, we've always worked together to improve the lives of others. Now one of the largest Building Societies in the UK, over 3,000 of us share that goal, in our branches and Head Office. Our benefits go beyond basic pay, with a discretionary bonus scheme, a culture of reward and recognition and total support for our wellbeing.

    We're serious about equality, of race, age, faith, disability, and sexual orientation, but also of personality and the way we think. By being yourself, you'll make us stronger. You can build so much more than a career.

    Come and make a difference in our Society, that's been voted a 'Great Place to Work' by our teams.

  • 28 days holiday + bank holidays,

  • Pension Employer Contribution

  • Discretionary Bonus scheme up to 20%

  • Life Assurance - 6 times your base salary