Credit Risk Analyst

BELONG. There’s no place like Principality.

Our home is your home. So, when you decide to join the team, we’ll go further to bring you the warmest of welcomes. From a friendly and inviting environment to a flexible benefit package designed around you – when it comes to belonging, there really is no place like Principality. We keep it flexible wherever possible; we encourage you to look after yourself; we do our bit in the communities we serve and support you in doing the same, and we promise to get better together.

Some reasons you may want to consider working with us; we have an award-winning flexible/hybrid working policy, we’re a 2022 winner of UK Best Large Workplaces for Women, we have a refurbished hi-tech office in the centre of Cardiff designed around colleague feedback, we ranked number 6 for wellbeing in 2022,  we have an extensive financial and well-being benefits package ‘’Belong’’ designed to put our people first, we have consistent colleague engagement scores of over 85% and a caring community of supportive Networks. But that’s not all, discover why there’s really no place like Principality; https://www.principality.co.uk/careers

A rare opportunity within our Prudential Risk Function

We’re looking for a Credit Risk Analyst to join our team and play a key role in supporting the Society’s Second Line of Defence. This is a great opportunity to contribute to the critical evaluation of lending policies, the maintenance of credit risk measurement systems, and the delivery of insightful, forward-looking credit risk analysis.

You’ll provide accurate and timely information to external stakeholders — including regulators, ratings agencies and investors — while supporting the development, monitoring and maintenance of internal credit risk measurement models.

What you’ll be doing:

• Support the critical evaluation of lending policies and credit risk measurement systems through detailed analysis.
• Produce management information to monitor lending exposures against risk appetite and policy, assessing the ongoing suitability of credit risk models.
• Ensure analysis, models, and documentation meet required standards and are maintained in line with policy and procedure.
• Stay informed on regulatory, market, and internal developments that could influence credit risk appetite or measurement systems.

Technical skills required:

• Strong knowledge of Microsoft Excel (including producing and formatting charts and the ability to use formulas) Word and PowerPoint (producing clear and concise presentations using a mixture of quantitative and qualitative analysis tailored to the relevant audience)
• Experience with SAS programming and data manipulation techniques is desirable but not essential (including accredited SAS training and practical application).

Previous Experience:

• Practical experience in an analytical role within a lending environment (preferably secured lending), e.g. Underwriting.
• Proven ability to conduct forward-looking analysis, interpret trends or building of monitoring packs

Key competencies:

• Strong analytical and problem-solving skills, with the ability to identify and interpret patterns and trends.
• Excellent organisational skills, with the ability to manage and prioritise workloads effectively.
• A team player with a collaborative approach
• Adaptable in a fast paced environment
• Having the initiative and being proactive to solve problems

If you’re not currently in a Credit Risk Role but have relevant experience, training is available to support your career development. This could include online SAS courses, internal SAS training, shadowing of senior analysts and one to one coaching with your line manager. All training will be tailored to help you develop in your key areas.

Our most important asset is our people. We value a healthy work-life balance and currently offer a 35-hour work week with our hybrid approach enabling you to have a mix of office days and remote working.  

Your base location for this role will be our Head Office, Principality House, The Friary, Cardiff, CF10 3FA

If you have any questions in relation to this role, please contact the recruitment team at -recruitment@principality.co.uk

‘’We are passionate about creating an inclusive workplace where diversity is celebrated and where colleagues feel a sense of belonging’’ Nigel Taylor – Head of Brand, Impact & Communication. But don’t just take our word for it, see what our colleagues say about working here too; Careers (principality.co.uk)