SCUK Senior Credit Risk Analyst

Overview

In this role you will manage complex credit risk for a wholesale dealer portfolio, delivering robust credit recommendations and maintaining portfolio quality. You will work closely with Commercial, Finance, Legal & Compliance, and external partners to assess higher-risk and vulnerable dealers, balancing risk with commercial judgement. You’ll produce in-depth financial analyses, leverage internal models, and monitor portfolio risk to enable informed, timely decisions. This position combines hands-on underwriting with stakeholder engagement in a hybrid setup based in Redhill.

Pay / Benefits

• Competitive salary
• 27 days holiday per annum
• Annual bonus
• Private medical cover
• 500 flexible benefit allowance
• Generous pension contributions

Responsibilities

• Prepare complex and aggregated credit reviews for new and existing funded motor dealers in line with UK Loan Committee and Madrid standards and Credit Risk Policy
• Manage a portfolio of Wholesale and Credit Concern dealers with ongoing monitoring, annual reviews, covenant tracking, and risk alerting
• Produce comprehensive financial analysis with robust rationale and KPIs to support credit decisions
• Support assessment of higher-risk proposals, restructuring requests and vulnerable dealer exposures through risk papers
• Complete dealer risk-rating assessments using Santander models and tools
• Monitor high-risk accounts and portfolio risk trends, escalating material changes and concerns
• Support month-end risk reporting (provisions, Dun & Bradstreet data, SAS data, Risk Control reports)
• Review stock audit reports and coordinate actions with Commercial teams and third parties to mitigate losses
• Assist with legal documentation, securities, credit sanctions conditions and fund release
• Conduct dealer visits to gather financial and non-financial information
• Exercise authority to approve credit limits within assigned mandates
• Mentor new analysts in the Wholesale team and contribute to training plans
• Adhere to Consumer Duty ensuring customer protection and high standards

Key requirements

• Strong experience in credit underwriting, deal structuring and client-facing situations
• Excellent numerical and analytical capability with understanding of key financial ratios
• Ability to translate complex financial data into clear recommendations for credit decisions
• Familiarity with credit bureau information and external data sources for underwriting
• Strong judgement, attention to detail, and proactive risk escalation
• Excellent written, verbal, presentation and interpersonal skills for senior stakeholder communication
• Strong organization and time-management skills; ability to work independently under deadlines
• Strong IT and Excel skills; knowledge of SAS and Power BI preferred
• Knowledge of the motor finance sector or similar vendor finance environment is advantageous
• Collaborative, self-motivated, initiative-driven team player

• analytical thinking
• attention to detail
• communication
• credit underwriting
• financial analysis
• SAS

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