Hybrid Credit Officer – Embedded Finance

at Lloyds Banking Group

• Job title: Credit Officer – Embedded Finance
• Job type: Full Time
• Experience level: Mid level, Senior
• Salary: £65,385 - £72,650 per year
• Degree requirement: Bachelor's Degree
• Tech skills: SQL
• Location requirements: Hybrid, Leeds, United Kingdom

About the role

• Credit Officer in Embedded Finance managing credit risk strategies and portfolio performance. Collaborating with teams to ensure responsible lending and regulatory compliance for positive outcomes.

Responsibilities

• Provide credit risk input into new product launches, regulatory topics, business requirements and risk transformation activity.
• Develop and implement credit risk strategies for new /existing Embedded Finance products, including underwriting and credit line assignment while ensuring that actions effectively manage risk and reward, support business objectives and translate into positive portfolio outcomes.
• Monitor portfolio performance and conduct deep-dive analyses to identify trends and opportunities for improvement.
• Collaborate with product, engineering and external third parties to design and implement new products and features that balance risk and growth.
• Provide coaching and mentorship to junior members within the immediate and wider team to drive performance and development.
• Stay current on industry trends, regulatory changes, data innovations and competitive landscape to inform credit risk strategies and decisions.
• Working knowledge of tools like SAS, SQL and Excel to manipulate and interrogate data within a robust control environment.

Requirements

• Strong numerate skills - Comfortable working with numbers and have either a degree in a numerate subject or equivalent quantitative experience gained in previous roles.
• Analytical expertise – confidence in using Microsoft Office and have experience of using analytical software, such as SAS/SQL, to deliver insight.
• Credit Risk - you’ll have experience managing credit risk using automated strategies and scorecards and the financial knowledge of risk vs. reward and managing within risk appetite.
• Work effectively through change – an ability to initiate and enable change that helps improve the way we do things.
• Effective communicator - Builds positive relationships with partners and able to clearly explain complex issues and insights to different audiences, both verbally and non-verbally.
• Responsible lending – understand regulatory compliance and conduct risk for fair customer outcomes.
• Collaboration - building effective partnerships and working collaboratively with a wide range of partners to meet shared objectives.

Benefits

• A generous pension contribution of up to 15%
• An annual performance-related bonus
• Share schemes including free shares
• Benefits you can adapt to your lifestyle, such as discounted shopping
• 30 days' holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies