Credit Risk Analyst (Modelling)
Paragon Banking Group Plc
Specialist UK bank offering savings and lending products, focused on mortgages and business finance.
Develop, validate, and monitor credit risk models using statistical tools.
26 days ago ago
Intermediate (4-7 years), Experienced (8-12 years)
Full Time
Solihull, England, United Kingdom
Hybrid
Company Size
1,400 Employees
Service Specialisms
Property Development
Real Estate Finance
Residential Mortgages
Buy-to-Let Mortgages
Commercial Mortgages
Savings Accounts
Investment Solutions
Business Banking
Sector Specialisms
Buy-to-Let Mortgages
Consumer Lending
Savings Products
Agriculture
Aviation
Construction
Commercial Lending
Role
Description
model analysis
data validation
database management
model monitoring
program development
credit risk
- Performing detailed and well documented analyses to support the development of the models. Validating modelling and analytical results, ensuring accuracy and sensitivity of findings
- Specifying, implementing and maintaining databases in support of the model development and monitoring. Monitoring and investigating data integrity issues for all the data elements used within the modelling and live production of the model outputs
- Creating and producing the regular monitoring of the stability, integrity and effectiveness of the models, highlighting adverse changes and proposing remedial action plans
- Devising logical, efficient and well documented programs.
- Providing support for the development, validation, implementation and monitoring of Credit Risk Models, in line with regulations and Model Governance standards.
Requirements
credit risk
mathematics
statistics
sql
r
problem solving
- Preferable to have understanding of credit risk management and / or credit scoring
- Strong interpersonal skills, presentation and report writing skills
- Degree level qualification in Mathematics, Statistics or equivalent
- Understanding of database manipulation techniques and software, preferably experience using R, SPSS, SAS or SQL.
- Curiosity and passion for data and problem solving
Benefits
- Family Friendly policies: We offer enhanced parental pay and paid time off for fertility treatment
- Employee Discounts: Enjoy exclusive discounts on entertainment, travel, shopping, motoring and more
- Life Assurance and Personal Accident Cover
- Volunteering Day: Contribute to causes you care about with one volunteering day per year
- Generous Holiday Allowance: Starting from 25 days and climbing to 30, you also get to enjoy a day off for your birthday, Christmas Eve, and New Year’s Eve. You can also buy or sell up to a week’s leave
- Pension Plan: We contribute up to 10% of your annual salary towards your pension
- Profit Related Pay: We share some of our annual profit with our eligible employees
- Share Save Scheme: Annually, you have the opportunity to buy shares in Paragon at a discounted rate
Training + Development
Information not given or found
Interview process
Information not given or found
Visa Sponsorship
Information not given or found
Security clearance
Information not given or found
Company
Overview
1985-founded
Year Established
Operates since 1985 as National Home Loans Corporation.
FTSE 250-listed
Market Ranking
A fully integrated specialist bank listed on the FTSE 250.
£15B in loans
Managed Assets
Manages over £15 billion in loans across its lending segments.
£1.3B revenue
Annual Revenue
Reported over £1.3 billion in revenue in 2024.
- Operates through two main segments: mortgage lending (primarily buy‑to‑let) and commercial lending including motor, development, SME and structured finance.
- Has built a strong pipeline in buy‑to‑let and property development finance, recently driving notable loan growth.
- Notable for limited motor finance exposure amidst broader sector risks, highlighting its prudent risk management.
- Strong digital push with initiatives like the Spring savings app and enhanced buy‑to‑let mortgage platforms.
Culture + Values
- To work together to ensure good outcomes for all our customers
- To maintain the highest standards and deliver our products and services with care and accuracy
- To be honest and open in everything we do
- To ensure we have fun while achieving success!
- To drive the business forward with determination and to do so with effort and enthusiasm
- To identify and create new business opportunities and apply creative and effective solutions to problems
- To work in harmony and collectively towards the delivery of our overall objective
- To treat people as individuals and listen to their views
Environment + Sustainability
48% emissions reduction
Operational Emissions Reduction
Committed to reducing operational market-based emissions by 48% compared to the 2019 baseline by 2024.
95% renewable electricity
Renewable Energy Usage
95% of electricity is sourced from renewable sources, significantly reducing the carbon footprint of operations.
53.4% green lending
Sustainable Mortgage Lending
53.4% of new mortgage lending in 2024 was allocated to EPC-rated A–C properties, promoting energy efficiency.
£300M green funding
Green Homes Initiative Funding
Increased funding to £300 million in 2024 to support green initiatives, fostering sustainable living and energy efficiency.
- Joined Bankers for Net Zero and committed to be net zero across operational footprint by 2030.
- SME division funds green assets including solar panels, wind turbines, EV charging, heat pumps, and energy storage.
- Issued £150 million Tier 2 Green Bond in March 2021 to finance EPC A–B residential real estate.
- No environmental prosecutions or fines to date.
Inclusion & Diversity
40% Female
Senior Management Target
Aiming for 40% female representation in senior roles by 2025, up from 35% in 2022.
5% Minority
Senior Management Diversity
Targeting at least 5% representation from ethnic minority backgrounds in senior roles by 2027.
- Established EDI Network in 2020 to support diverse talent and build inclusive workforce
- Signed Race at Work Charter principles including board-level commitment and ethnicity data capture
- Accredited Disability Confident employer: inclusive recruitment, interview, adjustments and support
- Launched cross-company mentoring via 30% Club; founding member of Progress Together for socio‑economic diversity
- Published annual Gender Pay Gap Report; no indication of unequal pay in similar roles, but men in higher-paid roles highlighted
- Annual data collection on age, gender, ethnicity, sexual orientation, religion and disability to monitor diversity progress
Loading...