Senior Credit Risk Portfolio Lead – Affordability
Location: Edinburgh or Glasgow
Contract: Permanent
The Opportunity:
An established UK financial services provider is looking to appoint a Senior Credit Risk Portfolio Lead to play a key role in the development of a newly created affordability function
This is a senior credit risk role with a strong focus on affordability across the full customer lifecycle, covering both new customer acquisition and existing customer management across unsecured lending portfolios
The business is investing in a more sophisticated, model driven approach to affordability, using richer data sources to improve how income, expenditure, verification, customer behaviour and repayment capacity are assessed
The role will suit someone with strong credit risk experience who understands how affordability frameworks operate in practice, how models can improve decision making and how portfolio insight can be used to support sustainable lending, customer outcomes and commercial performance
The successful individual will need to bring hands on credit risk judgement, strong analytical capability and the confidence to help build, improve and own affordability processes within a changing environment
Key Responsibilities
- Lead a small specialist team focused on affordability, portfolio insight and credit risk strategy
- Help build and embed a standalone affordability capability across the customer lifecycle
- Maintain and improve affordability assessment processes across acquisitions and account management
- Support the development of more model driven affordability approaches covering income, verification, expenditure and repayment capacity
- Improve the use of data sources to support better lending decisions, including customer behaviour and internal data insights
- Monitor portfolio performance, affordability outcomes, credit trends and emerging risk indicators
- Identify where existing affordability processes need to be improved, strengthened or uplifted
- Work closely with credit risk, product, analytics and business teams to ensure affordability decisions are commercially effective and well controlled
- Translate complex analysis into clear recommendations for senior stakeholders
- Support sustainable growth across unsecured lending portfolios while maintaining appropriate risk appetite
- Own, improve and document key affordability processes, controls and governance activity
- Provide clear challenge and advice on credit risk, affordability performance and customer outcomes
About You
You will bring strong credit risk experience, ideally gained in unsecured lending, retail banking, consumer finance, credit cards, personal loans or overdrafts
You should have a practical understanding of affordability, credit strategy and portfolio management. This could include experience across acquisition strategy, account management, income verification, expenditure assessment, bureau data, internal behavioural data, customer segmentation or model driven decisioning
You wont come from a purely regulatory background. The key requirement is strong credit risk judgement, hands on analytical capability and experience using data to improve lending decisions across the customer lifecycle
Key Experience
- Strong credit risk experience within retail lending or consumer finance
- Practical experience of affordability frameworks, assessments or strategy
- Experience across unsecured lending portfolios such as credit cards, loans or overdrafts
- Understanding of acquisition strategy and existing customer account management
- Experience using data, MI and portfolio insight to identify risks, trends and opportunities
- Understanding of model driven decisioning, income verification, expenditure assessment or repayment capacity analysis
- Ability to work with analytical teams to improve credit risk and affordability processes
- Experience managing or mentoring colleagues within credit risk, analytics or portfolio management
- Strong stakeholder management skills with the ability to influence senior audiences
- Good understanding of risk appetite, controls, governance and customer outcomes
- Ability to turn complex analysis into clear recommendations and practical change
Why Consider This Role?
This is an opportunity to join at the early stage of a new affordability function, with the chance to shape how affordability is assessed, managed and improved across the full customer lifecycle
The role offers real influence across credit risk strategy, model driven decisioning, data enhancement, portfolio management and business growth
It would suit someone who enjoys working in detail, understands the mechanics of credit risk and affordability, and wants to help build a more sophisticated approach to sustainable unsecured lending
A fantastic opportunity for a experienced Credit Risk practitioner to join this household name!
Apply online!
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