Capital and Impairment Analyst

OVERALL SUMMARY At Close Brothers we look to recruit individuals from all different backgrounds and encourage you to apply even if you don’t tick every box. We celebrate diversity, promote inclusivity and are open to discuss flexible work options to help you balance your work and home life. Join the Close Brothers the Credit team where you will provide Capital and Impairment analysis and reporting to the Premium Finance and Motor Finance businesses. The role focuses on the Capital and Impairment discipline for Retail including responsibility for model risk office, forecasting, stress testing and downturn planning. The successful candidate will support on analysis of credit trends, emerging risks and thematic reviews across the full credit lifecycle. RESPONSIBILITIES Assist with existing capital and impairment reviews and analysis (A-IRB & IFRS9) Reviewing IFRS9 model outputs; understanding drivers of key movements and ensuring it reflects the risk in the portfolio. Support the development and embedding of A-IRB across Retail Support Bad Debt and Capital analysis for regulatory and local stress scenarios Support annual Bad Debt budget setting and regular reforecasting cycles, leveraging analytics to support proposed targets. Monitor bad debt against budget and forecasts, analysing trends and deviations. Maintain and improve Credit Risk reporting models and databases to ensure accuracy and compliance with bank guidelines. Continued evolution of high-quality credit risk related MI, insight, and analytics, aligning with emerging trends or changes in portfolio and strategy. Monitor loan book performance against credit appetite and produce quality monthly reporting to Risk and Executive committees including monitoring of credit appetite and early warning indicators supported by robust analysis and commentary. WE WOULD LOVE TO HEAR FROM YOU IF YOU HAVE/ARE: Experience or knowledge of IRB and / or IFRS9 (reporting or stress testing) Exceptional analytical skills and attention to detail Strong coding skills (with a working knowledge of SQL) and experience using tools such as Alteryx, SAS or equivalent. Strong understanding of credit risk across the lifecycle. Background in retail finance or a similar secured asset lending environment. Strong written and verbal communication skills with the ability to interact with and communicate complex information to senior management and non-credit colleagues. Ability to work independently as well as part of a team, with the ability to support, coach and encourage other team members. Advanced Excel and PowerPoint skills. Proven experience in a Credit Risk role within a Financial Services environment. IT IS NOT ESSENTIAL BUT IT WOULD BE GREAT IF YOU HAVE/ARE: Previous credit risk experience including exposure to Basel, IRB & IFRS9 and loss forecasting Expertise in capital and impairment modelling. Experience of credit risk PD, EAD & LGD models. Understanding and / or experience of credit scorecards in a retail or commercial environment Knowledge of credit bureau reporting requirements and bureau data. We are an inclusive organisation and committed to ensuring our recruitment process is as accessible as possible to everyone. We will make adjustments for people who have a disability or long-term condition. If you need the job description or application form in an alternative format or would like to discuss the recruitment process with us, please email us at recruit.ssc@closebrothers.com or request a call back. ABOUT US At Close Brothers we support employees to balance their work life priorities and in this role you will be able to enjoy a mixture of hybrid working. Close Brothers is a leading UK merchant banking group providing lending, deposit taking, wealth management services and securities trading. Our purpose is to help the people and businesses of Britain thrive over the long term. To find out more about Close Brothers, please visit our careers page:

https://www.closebrothers.com/careers To find out more about life at Close Brothers: https://www.closebrothers.com/life-close-brothers#374017299-899295541 To find out more about our benefits: https://www.closebrothers.com/employee-benefits To find out more about our commitment to creating an inclusive environment: Our Responsibility - Diversity and inclusion ¦ Close Brothers Group

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