Credit Analyst

Join MarketFinance

We believe in the power of small businesses. They have the single biggest impact on our economy and communities. But accessing the finance to bridge today’s funding gaps and fuel tomorrow’s big ambitions is a constant challenge.

At MarketFinance we solve these challenges by taking the friction out of finance for businesses and through our embedded partnerships. Since 2011 we’ve pioneered smart technology to give these businesses access to the right finance, faster and at affordable rates.

As a team, we’re united by our obsession of understanding what our customers are up against and supporting them at speed. We’re looking for passionate people who want to drive innovation, so businesses can fund the small steps, the giant leaps and everything in between.

We recently raised £280m in debt and equity funding to grow our digital lending and embedded finance products in 2022. Read more about it on TechCrunch here.

The Role

You will be joining MarketFinance's market-leading Risk function. It's at the heart of the business and integral to decision making. The function is responsible for defining the credit appetite, designing credit strategies aligned to this appetite, building a sustainable portfolio in line with expected performance through product features and processes.

As a Credit Analyst you will produce deep dive analysis, scenario testing and forecasting which will play a key role in driving step-change improvements in our credit performance, policy and strategy. Your credit risk insights will be reported across the entire company and with external stakeholders, such as the Board of Directors and our Investors.

You will be a crucial member of the team responsible for producing tangible insights to the business which will not only monitor and control risk, but also help scale and grow our products through data driven decisions. This makes you the go-to person when the business requires insights on customer behaviour and any key performance metrics which include profitability, credit risk performance and operational performance metrics.

This role also has responsibility for setting and optimising product pricing, that is market competitive while providing the coverage and margins required to deliver incremental value to MarketFinance and our investors.

What You'll Do

• Work closely with our risk leadership team to provide insights to optimise our underwriting and credit decisioning processes.
• Produce portfolio monitoring and ad-hoc investigative analysis to explain trends and answer questions from key stakeholders; making recommendation on how to enhance our products and processes.
• Develop and optimise our pricing models using financial modelling techniques.
• Produce portfolio MI for both internal and external stakeholders and presenting insight and findings in a clear non-technical way that is easy for stakeholders to digest and understand.
• Conduct rigorous impact analysis on credit strategies, reassessing and optimising how we make credit decisions.
• Support the collections and recovery team with data driven insight and collections strategies.
• Collaborate with our Data Science, Commercial and Engineering teams in developing our predictive models, product features and processes

Requirements

• You have 2 or more years of experience in an analytical role (ideally within a credit risk function)
• Proficient with SQL and BI tools such as Looker, Power BI, Google Data Studio, etc.
• Have conceptual thinking and the ability to find new ways to solve analytical/business problems
• You can clearly present data insights to technical and non-technical stakeholders
• Advanced knowledge of Excel / Google Sheets
• Any other coding skills (R, Python, SAS or others) are desirable.
• A degree/diploma or equivalent from a STEM background, or business-related discipline
• Can draw conclusions and impacts from data
• You’re independent, well organized and with a “can do” attitude
• Strong interpersonal skills and have the ability to work cross functionally
• You work hard and are passionate about achieving great results
• You pitch-in and aren’t afraid to get your hands dirty
• You are data driven, and get things done
• You’re excited by the challenge of revolutionising business finance

Our company values are:

#MakeItHappen:

We're focused on getting the important stuff done first. We don't get bogged down in long emails and lots of meetings, we find solutions (they're out there!) and get it done!

#AlwaysBeLearning:
The only constant is change: we embrace change and learn. We ask and listen for feedback, and always provide it too.

#1Team1Dream

We always put the whole company first - when we succeed collectively, we all succeed individually. Everyone has a voice, we listen to each other's opinions.

Hear from our Co-Founder, Anil Stocker, on his favourite MarketFinance moment: https://medium.com/@anilstocker/my-favourite-momen...

Benefits

Not only will you have the opportunity to make a huge impact at one of the UK's leading FinTech companies, you will also have access to:

• Best in class share options scheme
• Fast career progression and ownership responsibilities
• 45 days work from abroad allowance
• A great office in the heart of Shoreditch (complete with roof terrace, ping pong, interactive Zoom Rooms and beer fridge), to help collaboration and in person innovation time
• Private health coverage and half price Virgin Active gym membership
• Amazon Kindle and book purchase allowance
• Enhanced maternity / paternity leave
• Mentoring from industry leaders and peers
• The opportunity to progress your career at one of the UK’s leading FinTech companies
• 25 days of annual leave per year, plus your Birthday off

We raised £280 million in debt and equity this year to power our growth. You can read more about it in Techcrunch here.

If you’re ready to help businesses build the future APPLY NOW!

OUR COMMITMENT TO YOU

We will do our best to reply to all applications, however if you have not had a response within 4 weeks, please assume your application has not been successful.

MarketFinance is constantly working to maintain and improve our inclusive, friendly workplace. We ensure that both applicants and our people receive unbiased treatment without discrimination on the grounds of gender, age, disability, religion, belief, sexual orientation, marital status, race or any other protected characteristic.

How will we use your information?

We will use your data to process your application, to allow us to assess your suitability for a role, market job opportunities and recruitment information and improve our sites. We may share your data with third parties to achieve these purposes. We will not share your data for marketing purposes. We will keep your data safe in accordance with data protection legislation.

If you are unhappy with the use of your data, you can change your mind at any time by emailing legal@marketfinance.com