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Pensions Risk Analyst

4 months ago


Swindon, United Kingdom NATIONWIDE BUILDING SOCIETY Full time

This is a great opportunity if you are seeking to develop a broad understanding of IFRS9 credit risk provisions. You would acquire a working understanding of the processes, models, and governance required, develop coding and analytical skills, and work with a range of colleagues in Modelling, Finance, and Portfolio Risk teams.

With the support of existing specialists, you would be involved in the delivery of credit loss provisions analytics and reporting covering over £200bn of lending across our Mortgage, Buy to Let and Consumer Lending portfolios.

The Provisions team, within Credit Risk Measurement, are a close knit, friendly and dynamic team and this role provides an opportunity to join a team that keep the society safe and secure for our members, whilst delivering insight and key management information. This Risk Analyst role is primarily focused upon producing, governing, and explaining our IFRS9 Provisions.

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, at one of our Swindon or Northampton offices. hybrid working here .

You’ll be undertaking monthly BAU processes, including portfolio level analysis to explain and validate the outcomes and support well governed provisions reporting.
Assisting with the compilation of informative presentations to forums and committees on the provisions results, eventually building knowledge to be able to present and explain specific components or portfolios.
Supporting the team across a range of projects and workstreams by undertaking insightful analysis and associated reviews.
You’ll need to be highly numerate and have experience of analysing and interpreting data (which may include comprehending correlations to credit, environmental and economic outlooks).
Have some experience or evidence of an aptitude for coding and/or use of statistical tools (includes but not limited to SQL/SAS or similar)
Be proficient with key Microsoft Office applications (most notably with Excel)
It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
A personal pension - if you put in 7% of your salary, we’ll top up by a further 16%
Life assurance worth 8x your salary
A great selection of additional benefits through our salary sacrifice scheme
Access to an annual performance related bonus
Access to training to help you develop and progress your career
25 days holiday, pro rata

Nationwide is the world’s largest building society. As a building society, we’re owned by our members - that’s our customers who have their current account, mortgage or savings with us.