Senior Credit Risk Analyst

Senior Credit Risk Analyst

Admiral Money is expanding, and an exciting opportunity has arisen for a Senior Credit Risk Analyst to join the team.

About Admiral Money

Admiral Money is an exciting, new division of Admiral Group. We have the freedom and innovation of a small start up with the security of a large parent company, Admiral. 

The journey started when we launched unsecured personal loans in June 2017. We went on to be the first direct to consumer car finance provider in December 2017. Since then, we have gone from strength to strength and have some exciting plans for the future.

We’re looking for people who are keen to learn, excited about getting stuck in and are ready for a challenge to help us to achieve our aim of creating a special lending business for our customers.

About the role

This role sits within our Financial & Credit Risk function where our mission is to provide robust risk management solutions for our three product lines (Unsecured Loans, Motor Finance and Mortgages). You will be a part of the credit policy and oversight team, where you will:

• Provide independent risk oversight of credit strategies across our three lending portfolios
• Partner with 1st line credit and pricing teams to ensure lending decisions align with risk appetite and policy
• Use advanced analytics to conduct deep-dive reviews and identify emerging portfolio trends
• Shape and enhance credit policies that protect both the business and its customers
• Lead thematic reviews to ensure consistent application of risk frameworks
• Assess proposed strategy changes against regulatory requirements and risk appetite
• Champion robust controls and governance across lending operations

What makes this opportunity unique:

• Multi-product exposure: Develop expertise across three distinct lending sectors
• Data-driven oversight: Leverage rich datasets to enhance risk monitoring
• Strategic partnership: Work closely with 1st line teams to optimize risk management
• Independent influence: Provide crucial second-line challenge and insights
• Regulatory focus: Ensure compliance with FCA requirements while enabling business growth

We're a forward-thinking lender where effective risk management is paramount. If you're passionate about maintaining high risk standards while enabling growth and responsible lending, this role offers an exciting platform to advance your credit risk career.

Your expertise will help ensure our lending remains both commercially successful and customer-focused across multiple product lines.

Please note: this is a hybrid role based in Cardiff. You will be required to work onsite at least once a week, ideally twice. 

Requirements:

• Proven credit risk experience in consumer lending.
• Strong SQL coding knowledge and Excel skills.
• Strong communication skills.

Desirable:

• Deep understanding of FCA CONC, MCOB and consumer credit regulation 
• Portfolio analysis and credit strategy background

Salary, Benefits and Work-Life Balance

At Admiral, we are proud to be a diverse business where we put our people and customers first. We have great benefits to ensure employees have a great work-life balance; it's one of the reasons we’re consistently voted one of the Sunday Times Best Big Companies to Work For in the UK.

All colleagues will receive 33 days holiday (including banks holidays) when they join us, and this will increase with length of service, up to a maximum of 38 days (including banks holidays). You also have the option to buy or sell up to five days of annual leave in addition to your allocation.

You can also view some of our other key benefits here.

Admiral, Where You Can Be You

At Admiral you’re accepted, supported and empowered to be you. Because you’re brilliant.

We’re proud of our people-centric culture which has led us to being recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We’re committed to ensuring that at Admiral, progression is not slowed or haltered by barriers related to protected characteristics.