Senior Risk Analyst

3 weeks ago


Swindon, United Kingdom Nationwide Building Society Full time
The Unsecured Credit Risk Team is responsible for managing the Credit Risk of the Society's Unsecured portfolios, which includes designing effective new lending strategies, managing the credit quality of Personal Loans, Credit Cards and Current Accounts and providing specialist credit risk advice to the business. You should be comfortable working on and leading a wide range of projects, setting an example and coaching analysts, working with large data sets to pull out trends, as well as explaining complex problems in a simple way. You'll relish the chance to engage with senior leaders across the business and be prepared to think of the bigger picture.

At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.

For this job you'll spend at least two days per week, or if part time you'll spend 40% of your working time, based at our Swindon office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here .

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.
What you'll be doing

Given the diversity of the role you will have the opportunity to work on a broad range of projects and workstreams that provide credit risk insights across business communities, while also ensuring we protect our members by staying within the organisation's Risk Appetite.

To do this you'll:
  • Extract and analyse data from our systems using tools such as SAS, PowerBI, QlikSense, and Excel.
  • Create useful and meaningful insights & management information.
  • Explain complex messages to non-technical audiences.
  • Develop & optimise Credit Risk strategies/ policy to ensure robust controls are maintained, while also supporting Nationwide's membership base.
  • Build and develop relationships with key stakeholders.
  • Work with the Systems, Modelling, Product, Oversight and Operational teams.

The challenging, but fun part, is understanding the data and what your analysis means for the organisation and the financial services industry. This job will keep you thinking, your work will be varied and technically demanding, and you could be working on your own or as part of a wider team.

However you undertake your work, the purpose will always be the same - your role will be to support and help drive the development of best in class credit risk strategies that reward our members and deliver value to Nationwide.
About you

We are interested in people who enjoy working in a fast-paced team, have a real interest in Credit Risk and are not afraid of taking on a challenge. With a logical and analytical mind you'll solve complex problems with passion; thinking of things that no one has considered before.

As a minimum requirement you'll need to have/be:
  • Solid experience of using statistical and analytical tools such as SAS, Python, MATLAB, R, or SQL.
  • Experience in a similar analytical role.
  • A track record of using statistical and business analysis to drive innovative strategy changes.
  • Self-motivated, articulate and highly numerate, with experience of presenting/ explaining your findings to others verbally or through a written report.
  • A great team player, with a willingness to support and lead your colleagues to tackle problems head on.
  • The drive to stretch yourself and develop yourself and others around you.

Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.
  • Say it straight - This is about being honest and direct with good intent and saying what needs to be said in the room. It's also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
  • Push for better - This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
  • Get it done - This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.

We know applying for jobs can sometimes feel like you're sending an application into a black hole. We review each application individually. So, it's a good idea to call out your most relevant experience on your application to give yourself the best chance.
The extras you'll get

There are all sorts of employee benefits available at Nationwide, including:
  • A personal pension - if you put in 7% of your salary, we'll top up by a further 16%
  • Up to 2 days of paid volunteering a year
  • Life assurance worth 8x your salary
  • A great selection of additional benefits through our salary sacrifice scheme
  • Wellhub - Access to a range of free and paid options for health and wellness.
  • Access to an annual performance related bonus
  • Access to training to help you develop and progress your career
  • 25 days holiday, pro rata
What makes us different

Nationwide is the world's largest building society. With over 15 million customers, we have a relationship with almost a quarter of the UK's population. We've got the scale to compete with the big banks, but we're not a bank.

As a building society, we're owned by our members - that's our customers who have their current account, mortgage or savings with us. It means we can do things differently to deliver our Purpose - Banking - but fairer, more rewarding, and for the good of society.

When you work at Nationwide, you can experience that difference for yourself. You'll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You'll also be joining us at an important time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don't have to bank with a bank. They can choose a modern mutual instead.
What to do next

If this role is for you, please click the 'Apply Now' button. You'll need to attach your up-to-date CV and answer a few quick questions for us.

We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.
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