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Senior Risk Analyst –Maternity Cover

  • Type: Contract
  • Location: Reigate, Surrey
  • Posted: 4 days ago

Background

Hyundai Capital UK Ltd (HCUK) is a joint venture company established by Santander Consumer UK and Hyundai Capital Services Korea in 2012. It operates under the Hyundai Finance, Kia Finance and Genesis Finance brands, providing funding solutions for both Retailers and Consumers.

Job Purpose

Reporting to the Retail & Residual Value Risk Manager, the key purpose of the role is to analyse, develop, monitor and report on Consumer credit risk in order to maintain or reduce credit risk losses within budget and risk appetite while supporting our commercial growth.

Key Accountabilities

1. General strategic

Analyse, develop, monitor and report on HCUK’s retail credit risk profile:

·         Develop and maintain the Retail credit policies, procedures, controls and reporting,

·         Support the preparation of and monitor performance against reforecasting, budget and related key indicators,

·         Support the preparation of and monitor performance against Risk Appetite Statement and early warning indicators,

·         Contribute to specific projects as and when they arise, from a credit risk perspective,

·         Prepare adhoc credit risk analysis of new commercial opportunities and of proposed amendments to existing products,

·         Develop close, effective working relationships with our outsourced service providers to enhance risk analysis and operational implementations,

·         Develop and maintain regulatory consumer credit knowledge,

·         Comply with existing policies and procedures, and contribute actively to our conduct risk and customer focused culture.

·         On an adhoc basis, develop knowledge and support workstreams relating to Residual Value Risk management.

2. Planning and budgetary control

Contribute to the development of the annual budget and risk appetite statement in line with HCUK’s strategic goals and support the delivery of the plan in line with the prescribed timings.

3. Technical knowledge

Maintain knowledge of SAS, consumer credit regulations, IFRS9 policies, internal policies, market performance and best practice. Work with the business and related partners to continually refine HCUK policies and processes. Act as a risk subject matter expert within the organisation.

4. Stakeholder engagement

Establish a sound working relationship with all areas of the business, including external key stakeholders, in particular Santander Consumer UK and Hyundai Capital Services Korea.

5. Communication and Reporting

Establish and maintain effective communications internally and externally, in particular with risk and operations departments in Santander Consumer UK and Hyundai Capital Services Korea. Develop, present and justify your risk analysis and recommendation to Risk Committees.

Working under the guidance of line management, develop, produce and maintain a high-quality Management Information reporting suite.

6. Outsourced Oversight

Ensure timely and correct operational implementation of risk decisions by our service providers.

7. Insight and continuous improvement

Adhere and develop controls and Quality Assurance checks to demonstrate compliance with policies.

8. Risk and Compliance

In line with the company’s risk and compliance statement of responsibility and objectives, identify risks, incidents and breaches, in accordance with company policies and department procedures.

9. Other

Deputise for other team members and represent the Risk Department as required. Carry out any other tasks from time to time as may reasonably be requested.

Key Competencies

- Planning

Must be capable of developing coherent role related operational plans as well as detailed project level plans.

- Communication

Must possess good written and verbal communication skills and be able to effectively communicate with and present to both internal and external stakeholders across all business levels.

- Teamwork

Must be an excellent team player, able to establish strong working relationships with stakeholders, colleagues and business partners.

- Time Management

Must display sound independent time management skills by delivering activity within prescribed timeframes through the effective prioritisation of actions across multiple operations, projects and on-going programmes.

Required Experience

Given the scope of this position it is essential that the job holder has the following experience:

  • Strong and relevant consumer credit risk analysis experience within financial services, preferably automotive/asset related (including analysis of credit score, cut off points, Loan to Values, bad debt, collection strategies).
  • Has accreditation and strong experience and usage of SAS software and other more standard PC software skills to produce high quality, accurate working documentation and presentations, including business case proposals and requirements, briefs and presentations,
  • Has a strong knowledge of consumer credit regulations including Voluntary Terminations rights, Treating Customers Fairly and Conduct Risk regulations, credit bureau data, personal data management, information security requirements.

In addition to the above it is expected that any candidate is able to display a good understanding of the broader risk analyst role and our market sector, can exhibit sound business acumen, has excellent interpersonal skills and is comfortable and confident when dealing with Senior/Board-level management.

Education

  • Has the appropriate level of education and SAS certification.
  • Possibly qualified or part-qualified or studying towards a recognised credit risk management qualification.

Other Information

  • This is a fixed term contract for a maternity leave cover, for circa 8 months
  • Due to COVID-19, HCUK employees are currently hybrid working [mixture of home/ office]. The usual place of work for this position is at HCUK’s head office in Reigate, Surrey.
  • Post COVID-19, the position may require domestic travel from time to time.

Remuneration Package

  • Base annual salary range of £42,500-£47,500
  • Eligibility for quarterly bonus, based on company and individual performance
  • Company pension scheme.
  • 27 days annual leave, plus bank/ public holidays
 

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