Credit Risk Strategy Manager – Vehicle Finance

Contract Type: Permanent ¦ Full Time

Location: Bradford, Petersfield or London

Working Pattern: Hybrid—typically a couple of days a week in the office.  Flexible arrangements are considered to support work-life balance. A fear of losing your current working flexibility shouldn't hinder you from applying for new opportunities, which is why we aim to match your existing flexible working arrangements where possible.

What We Offer

• Holidays: 25 days, increasing to 30 days with service

• Pension: Up to 10% employer contribution

• Family Leave: Enhanced maternity (post-probation) and 4 weeks paternity leave

• Workations: Work abroad for up to 20 days a year (approved countries)

• Volunteering: 2 paid days to support a charity of your choice

• Learning & Development: Access to LinkedIn Learning for all colleagues

• Financial Wellbeing: Free Snoop Premium subscription

• Connection & Culture: Quarterly socials, in-person and virtual company updates

• Healthcare: Option to join Private Medical Insurance

• Bonus: Discretionary annual bonus

The Role

An exciting opportunity as a Credit Risk Strategy Manager to lead the development and optimisation of new business credit strategies for the vehicle finance product within Vanquis. You will drive impactful change through data-driven insights, rigorous testing, and continual learning. Working at the intersection of credit risk, customer strategy, and product innovation, you will play a central role in shaping the vehicle finance proposition for non- Vanquis customers, collaborating closely with stakeholders across Customer, Product, and Finance.

You and Your Team

You will bring a strong blend of strategic thinking, analytical expertise, and leadership capability to the role. With deep experience in credit risk strategy—particularly within vehicle finance. You will lead a senior team of analysts focused on developing and executing data-driven credit decisions that balance commercial objectives with regulatory compliance. You’ll foster a high-performance culture by coaching and mentoring your team, enhancing their technical capabilities and encouraging innovation. Together, you and your team will own the end-to-end credit lifecycle for new business, ensuring decisions are underpinned by robust analysis, clear governance, and continuous improvement.

As a Credit Risk Strategy Manager, you will:

• Establish a credit risk framework – incorporating risk monitoring and feedback processes – to ensure appropriate decisioning for both customers and the business within the Group’s risk appetite
• Driving the optimisation of lending decisions through test and learn initiatives to identify champion strategies for new customers
• Investigating and developing new data sources to be used for analysis and decisioning
• Influencing stakeholders across the Group – ranging from peers to Senior Management – to gain buy-in and support to deliver change as required
• Supporting business growth and portfolio profitability – ensuring a balance between risk, reward and responsible lending – while controlling credit quality and performance
• Providing colleagues with opportunities to succeed, devoting dedicated time to empowering people through coaching, mentoring and sharing expertise and knowledge
• Presenting clear and concise results (both written and verbal) using aggregated data, highlighting key trends, opportunities/risks and recommendations
• Liaising closely with commercial teams to provide recommendations that enhance decisioning, for the objective of improving both customer and business outcomes
• Driving continuous improvement of credit risk strategies for Vehicle Finance, supporting strategic objectives for growth while minimising impairment and conduct risks

What We’re Looking For

• Credit Risk experience – in consumer credit, preferably specialising in Vehicle Finance
• Strong numerical capability with experience in converting analytical information into a business narrative through strong commercial acumen
• Communication – ability to articulate complex ideas to stakeholders in order to influence or persuade
• Problem solving – finding innovative ways to address issues or risks identified, or discovering opportunities to enhance existing strategies
• Management – Experience of managing an analytical team, prioritising activities while providing strategic direction and maintaining motivation through coaching and colleague development
• Keeps up to date with latest regulatory and macro-economic developments and trends

Offers are subject to satisfactory background checks, including credit, fraud, and employment references.

Who we are

At Vanquis, we have a simple purpose: to deliver caring banking so our customers can make the most of life’s opportunities. Established in 1880, we’re now a FTSE All Share company and leading specialist bank. We lend responsibly, providing tailored products and services to over 1.69 million UK customers.  We see ourselves as the bank that’s got your back.

Vanquis has been named one of the Financial Times UK’s Best Employers 2025, ranking in the top 50 nationwide and seventh in Banking and Financial Services. This recognition is based on independent employee feedback, reflecting our strong workplace culture, career growth opportunities, and commitment to our people.

We take care of our colleagues as well as our customers, working hard to create a rewarding and supportive work environment. That means competitive salaries, benefits, and a Group-wide recognition scheme. Everyone can enrol in our pension and after six months, you can join our ‘Buy as You Earn’ scheme.

We’re about more than financial rewards though. We give everyone a voice in the business and room to be their authentic self. And we know you’re here to build your career, so we help every colleague with training and development opportunities. Making sure there’s always something new to learn.

Equal Opportunities

Vanquis Bank is an Equal Opportunity Employer. We embrace everyone’s unique strengths and identities. No matter your background, identity, or experience, you are welcome here. We believe diversity enriches our teams and helps us better support our customers.

If there’s anything we can do to support you during the recruitment process—whether that’s a different format of the application or additional assistance—please contact us at careers@vanquis.com.

At Vanquis, we’ve been empowering lives since 1880. As a FTSE All Share company and leading specialist bank, we lend responsibly to over 1.69 million UK customers.

We’re just as committed to our colleagues as we are to our customers, offering competitive salaries, comprehensive benefits, and recognition schemes. With pension plans, our ‘Buy as You Earn’ scheme, and ongoing training opportunities, we create a supportive environment where you can grow and thrive.

Bring your authentic self, find your voice, and build your career with us—because at Vanquis, we believe in making the most of life’s opportunities.