Risk Lead

3 weeks ago


Swindon, United Kingdom Nationwide Building Society Full time

Description This is a great opportunity for a Risk Manager Lead to join our Unsecured Credit Risk team 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.

This role is a fantastic opportunity to lead a team of analysts in refining lending strategy, reporting on performance and creating insight for senior committees and regulators. 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 shape 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, at our Swindon office. You can also find out more about our approach to hybrid working here.

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.

Recognised as a subject matter expert in your area, your work will be varied and technically demanding, providing credit risk insights across business communities, while also ensuring we protect our members by staying within the organisation’s Risk Appetite. Leading and coaching a team of analysts, driving and delivering data-driven insights into the unsecured portfolios using tools such as SAS, PowerBI, QlikSense, and Excel.
Using accurate and meaningful insights & management information to inform senior leadership, identify emerging risks, drive efficiencies and design robust credit strategies.
Evolving our credit control and portfolio management approach to support the growth of our unsecured portfolios.
Build and develop relationships with key stakeholders at a senior level, representing Credit Risk at internal and external meetings.
Develop & optimise Credit Risk strategies/ policy and provide expert advise to ensure out lending stays within risk appetite, while also supporting business partners designing pragmatic solutions that support financial plan.
Assessing new tools and data sources as they become available, with a view to using them to support the digitalisation agenda.

The challenging, but fun part, is understanding the data and what your analysis means for the organisation and the financial services industry. A strong Credit Risk background.
Several years experience of using statistical and analytical tools, ideally SAS.
Experience of building and applying modelling and forecasting techniques to business problems.
Experience of managing and/or coaching a team.
A track record of using new technology and data to drive change.

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.
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. 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.

We want everyone in the UK to know that they don’t have to bank with a bank.



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