Credit Strategy Analyst

at  Kensington Mortgages

Location: Remote (We can only consider candidates based in the UK and with the right to work in the UK at this time)

KEY ACCOUNTABILITIES

Policy Management:

• Responsible for Kensington’s Affordability policy and Assessment Rate policies to ensure compliance with responsible lending considerations, Kensington Risk Appetite and the fair treatment of customers.
• Contribute to the development and continuous improvement to the credit policy and procedures
• Ensuring each policy at its annual review takes into consideration risk profile improvements and productivity and includes recommendations for changes and amendments in line with market, legal and regulatory changes.

Oversight:

• Preparing MI packs that are accurate, insightful and relevant.
• Have the abilities and qualities necessary for effectively presenting findings and new insights, and providing recommendations for new ideas
• Ensure changes in the Affordability Policy are documented, and the Affordability model is updated to reflect any new changes. Following the development of the model, and its implementation into live environment.
• Act as SME to Underwriting team to provide training and support as first point of call for complex queries and broker challenges.

Thematic Reviews/Audits

• Perform themed detailed credit analysis of Kensington’s mortgage book
• Supporting the Credit Strategy team with data MI requests

Other activities:

• Participating and presenting in governance committee and forum meetings applicable to the role, including Management Risk Committee and Executive Committee
• Proactively keep up to date with human resource policy, external legislation and industry practice, product criteria and underwriting criteria

EXPERIENCE, KNOWLEDGE, SKILLS

Essential

• Minimum 5 years experience in analytic role with Data and portfolio analysis experience
• Advanced level of Excel for analysis and reporting
• Experience with Python and SQL
• Report writing and presentation

Desirable

• Experience of working in a FCA regulatory environment
• Experience of governance committees and related oversight
• Power BI

VACANCY DESCRIPTION :

Credit Strategy Analyst
020363

The Credit Strategy Analyst will interface and have specific interaction across the business including Portfolio Management, Lending Operations, Legal, Compliance and Finance.
The role holder will support the Portfolio Management team as the main driver of changes and improvements to Kensington’s affordability model. Using their initiative to recommend and oversee areas of change identified through data analysis of the existing model performance.
Required to design, develop and expand the existing suite of Credit Risk reports, and introduce and implement new reports.
Also managing specifications, implementation and testing of strategy changes.