Credit Risk Analyst

Credit Risk Analyst at Offa, a leading UK Islamic finance provider specializing in Sharia-compliant home purchase plans, buy-to-let, and bridging finance products. This role sits within the compliance function, reporting to the Head of Compliance & MLRO, with responsibility for assessing, monitoring, and managing credit risk across the entire product portfolio while ensuring alignment with both Sharia principles and FCA regulatory requirements.

Key Responsibilities

• Monitor portfolio performance across home purchase plans, buy-to-let, and bridging product lines
• Develop and maintain credit risk policies and Sharia-compliant risk frameworks
• Support the Credit Committee as secretariat, preparing papers, maintaining records, and tracking action items
• Manage arrears accounts and maintain early warning indicator systems
• Conduct stress testing and scenario analysis across the loan book
• Collaborate with underwriting, operations, compliance, and Sharia advisory teams on risk decisions
• Ensure all decisions comply with AML/CTF and FCA regulatory standards

Requirements

• Demonstrated experience in credit risk, underwriting, or financial analysis within a regulated financial services environment
• Working knowledge of FCA regulations and AML/CTF requirements
• Knowledge of Islamic finance concepts, particularly Sharia-compliant home finance (highly desirable)
• Strong analytical skills and sound professional judgment
• High attention to detail with excellent written and verbal communication

Benefits

• Competitive salary
• Company pension
• Death-in-service cover
• Health insurance
• Paid volunteering day
• Hybrid working flexibility based in Solihull, West Midlands