Senior Analyst - Credit Risk

OVERVIEW

At DF Capital, we champion banking for ambition. As an award-winning provider of commercial finance and savings, we empower depositors and small businesses with financial solutions tailored to fuel their growth. Headquartered in Manchester, our team of over 100, serves thousands of customers across the UK, transforming savings into new opportunities for businesses to thrive.

We’re passionate about helping our customers succeed. As we expand our retail and commercial lending products, we remain committed to meeting their evolving needs and supporting their ambitions every step of the way.

OUR STORY

Founded in 2016, DF Capital was born with a focus on distribution finance - providing dealers, distributors, and manufacturers with the funding they need to stock, display, and sell products, without straining cash flow.

Since then, we’ve delivered over £3.5bn of funding across diverse sectors. From motorhomes and machinery to motorbikes and lodges, we’ve financed all shapes and sizes of commercial vehicles and automobiles (no planes or trains - yet). We listed on the Alternative Investment Market of the London Stock Exchange in 2019.

BECOMING A BANK

In 2020, we became a fully authorised bank, extending our offering with savings products for retail depositors. We’re proud of our strong customer service, consistently achieving high satisfaction scores - like our current average rating of 4.8/5 from 1,200+ reviews, which also earned us a Platinum Trusted Service Award. The deposits we receive fuel UK businesses through our commercial lending, creating a virtuous cycle of growth.

WHERE WE’RE HEADED

Our goal is simple: to be the best bank - for our customers and each other. We put customer needs first, continuously looking to improve our proposition on their feedback. We aim to help more customers in more ways while continuing to deliver exceptional service.

How do we achieve this? By hiring people who care deeply about doing the right thing, we’ve been recognised as ‘World Class to Work For’ by Best Companies, and we're proud of our inclusive, sustainable, and progressive workplace.

WHAT WE’RE LOOKING FOR

We are entering another exciting chapter of the DF Capital story, as we look to turbo-charge our ambitions and significantly scale the business. If you're passionate about providing great customer experiences, developing great propositions and want to be part of building a winning and positive sales culture, then we want to hear from you.

OUR CULTURE

DF Capital is a very special place to work. We have an amazing team who commit themselves each and every day to bring our ambitious growth plans to life. We’ve achieved much on our journey so far, but we believe we have our best days ahead of us.

We’ve established a unique culture that is built on a virtuous circle where engaged and empowered employees who are powered by a shared purpose deliver great outcomes for our customers, our communities, the environment and ultimately our shareholders. This is why we are rated a world class place to work and are amongst the best companies to work for in the UK.

THE ROLE

Ready to roll up your sleeves and make an impact? This isn’t just another Credit Risk role – it’s your chance to join a brand-new team that’s building a new product proposition from scratch.

The Senior Analyst – Credit Risk position offers the chance to work across a wide range of Credit Risk disciplines, covering the full credit lifecycle, while playing a pivotal role in shaping our product proposition.

In this role, you’ll take the lead on designing and monitoring scorecards, analysing portfolio performance, and identifying trends to recommend strategic adjustments and refine our Risk Appetite. As the product evolves, so too will your responsibilities, allowing you to make a significant and lasting impact.

If you’re a Python and SQL whizz, love solving puzzles, and don’t mind getting stuck into the nitty-gritty, this is your playground. You’ll need to be customer-focused, razor-sharp on details, and methodical in your approach – all to help us make the best calls for both the Bank and our customers.

If you’re eager to work in a dynamic, fast-paced environment and are ready to take ownership, drive results, and grow alongside a product that’s set to make waves, this role is for you

RESPONSIBILITIES AND DUTIES

·         Supporting the Head of Lending Decisioning on all aspects of Credit Risk management of the portfolio

·         Supporting the Head of Lending Decisioning in building the acquisition strategy for our new Consumer Lending proposition, constantly improving it once launched

·         Supporting new projects in other areas, such as Asset Finance, as the Banks’ product set expands over time

·         Developing, monitoring and maintaining Credit Risk decision models for the assessment of Credit Worthiness, Affordability and Pricing

·         Analysing and manipulating data utilising advanced analytical techniques

·         Identifying emerging risk issues and trends, proposing and presenting solutions to senior management

·         Working closely with the Data & Reporting team to build and maintain an effective suite of portfolio reporting

·         Working closely with 2nd line Credit Risk Oversight to demonstrate how the portfolio is performing in relation to Risk Appetite

·         Working with Decision Engine technology to deploy strategies and champion challengers

·         Working with the underwriting team to build a feedback loop from application reviews to acquisition strategies

Requirements

The Senior Credit Risk Analyst plays a critical role in helping us build our new Consumer Lending proposition (pending authorisation). You will be at the heart of an exciting new period in the Bank’s development, helping to build a totally new lending journey including scorecards, models and strategy, as well as getting us prepared to monitor performance and analyse portfolio behaviour. You will lead on credit risk portfolio analysis and have a huge contribution to the success of the new proposition. Experience required:

·           Strong expertise in programming ideally using Python / SQL

·           Proficiency in building scorecards / models using industry standard techniques (e.g. linear regression). Knowledge of ML or AI model techniques is also beneficial

·           Strong ability to pro-actively identify portfolio trends and emerging risk issues

·           Experience of working with Credit Reference Agency data

·           Regular experience of reporting to senior management

·           Ability to manage stakeholder expectations whilst prioritising your workload

·           Confident, inquisitive nature with an overriding desire to help and support colleagues and add value

·           Capable of providing appropriate and effective challenge to all seniority levels

·           Knowledge of the motor finance industry would be beneficial

Benefits

• Private medical insurance for you and your family
• 10% Employer pension contribution
• 30-day annual leave entitlement plus Bank/Public Holidays
• Free Gym Membership
• Discretionary annual bonus
• Discretionary share awards
• Life Assurance
• Income Protection
• Save As You Earn company share acquisition scheme
• Tax efficient salary sacrifice scheme to obtain bicycles and electric vehicles
• 4 days of paid Volunteering leave to support our local communities
• Vibrant office location in the lively city centre of Manchester