Credit Risk Analyst

Role Purpose:
As the Credit Risk Analyst you will play a key role in assessing monitoring and managing credit risk across Offas portfolio of products. You will ensure all risk decisions are aligned with Sharia principles internal policies and the requirements of the Financial Conduct Authority (FCA). This role suits someone with the relevant credit risk experience strong analytical skills sound judgement and a commitment to ethical finance. This individual will have hands-on experience of IFRS 9 impairment modelling including PD LGD and EAD methodologies staging assessment and expected credit loss (ECL) calculations.
Key Responsibilities:

• Monitor and report on the performance of the existing HPP BTL and Bridging portfolios identifying emerging risks and trends.
• Assist in the development and maintenance of credit risk policies procedures and Sharia-compliant risk frameworks.
• Secretariat for Credit Committee.
• Manage and develop the packs for Credit Committee Exco Risk Committee and Board Risk & Audit Committee.
• Support the monitoring of accounts in arrears forbearance cases and early warning indicators.
• Ensuring compliance with relevant FCA regulations internal governance processes and Islamic finance principles.
• Contribute to stress testing scenario analysis and risk modelling activities (including IFRS9).
• Collaborate with Underwriting Operations Compliance and Sharia Advisory teams to ensure consistent risk standards across the business.
• Assist with training new team members on Credit Risk policies and procedures.
• Support ad hoc compliance and administrative tasks as needed.

Required skills and experience:

• • Experience in credit risk underwriting or financial analysis (mortgages HPP secured lending or Islamic finance preferred).
  • Strong knowledge of IFRS 9 and expected credit loss methodologies.
  • Experience with PD LGD and EAD modelling.
  • Advanced Excel and SQL skills; experience with SAS Python or R desirable.
  • Strong understanding of UK regulatory requirements (FCA MCOB AML/CTF).
  • Knowledge of Islamic finance concepts - especially Sharia-compliant home finance - highly desirable.
  • Excellent analytical skills and the ability to interpret financial and non-financial data.
  • Strong written and verbal communication skills with the ability to present clear recommendations.
  • High attention to detail sound judgement
  • Commitment to ethical customer-centric decision-making.
  • Ability to work independently and as part of a collaborative risk team.