Job Description
As the UK's largest retail, commercial and digital bank, Lloyds Banking Group (LBG) have a big responsibility to support the UK economy and put customers at the heart of everything we do.
Check out the role overview below If you are confident you have got the right skills and experience, apply today.
We follow a clear set of principles which promote a positive, collaborative and creative culture. You'll find we're genuine about equal opportunity and deeply value diversity - all with a culture built around advancing the best in our people.
LBG has been named:
A Top 10 UK Employer for Working Families
A Times Top 50 UK Employer for Women
An Investing In Ethnicity Outstanding Employer
Business Culture Award for Best Large Organisation For Culture
We're also embarking on a major transformation programme - putting unprecedented levels of investment into our platforms, people and capabilities.
Could you help us become more insightful about data to reshape our business and deliver success?
About decision science
Sitting within our Risk function, Decision Science is a centre of excellence for analytics, modelling and customer insights. The team support the wider Risk division by:
Delivering sophisticated data analytics and modelling to support retail and commercial customer needs and credit decisions across the credit lifecycle
Supporting the bank's prudential requirements such as capital and impairment allocation, and capital optimisation
We work with data that underpins vital business decisions, and together we make it possible to add customer value, control risk, and help to build a safe, strong bank for our customers.
Our roles are available in a variety of locations, and we support flexible and family-friendly ways of working.
The role of a Senior Analyst - Credit Risk Modelling
Working as part of a team you will support all stages of a prudential model development or maintenance process from understanding the regulations, translating them to an analytical problem statement and experimenting with different modelling approaches to build the most appropriate solution.
As a Senior Analyst in Credit Risk Modelling, you'll perform the following activities:
Develop and maintain prudential capital or impairment models for retail and commercial banking customers UseSAS (coding language) for data manipulation and analysis
Work with Risk and Finance business partners to agree the objectives of analytical projects and ensure they meet regulatory and business requirements
Mentoring and coaching of junior colleagues
Collaborate with multidisciplinary teams, including internal governance and implementation teams, to deliver effective analytical solutions
The person
We welcome candidates from all personal and career backgrounds and support flexible working arrangements. We'll help you reach your full potential, meet your career aspirations and really make a difference as you embark on a career with excellent development and progression opportunities.
Essential:
Minimum of 18 months industry experience delivering predictive analytics in a regulatory or credit risk setting.
A strong applied knowledge of statistical modelling e.g. regression or decision trees
Proficient in a coding language (e.g. SQL, SAS) to manipulate data and produce insight using predictive analytics techniques. Training and support will be provided for the specific tools required for the role.
Ability to present techniques & findings in a clear, visual manner to support senior business partners decision making, including non-technical colleagues.
Experience delivering projects as an individual or as part of a wider team.
Desirable:
Practical experience in capital or impairment credit-risk modelling techniques and methods is desirable.
Prior experience mentoring / coaching junior colleagues is desirable.
And in return !
We'll recognise and reward your performance. Our award-winning benefits package includes:
A competitive salary and annual performance-related bonus
A generous annual holiday allowance with the option to purchase up to 5 additional days per year
An additional annual flexible allowance that you can use to choose from a wide range of benefits, such as Cycle2work and enhanced medical benefits, or take as cash
A contributory pension scheme
Private medical insurance