Job Description
We are looking for an experienced Risk Analyst to join a dynamic analytical team which provides the Society with vital insight affecting risk and business strategy and plays a central role in maintaining the Society’s strong reputation with its members and investors.
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As a Risk Analyst Lead within the Credit Risk Measurement team, you will play an important role in the delivery of credit loss provisions analytics and reporting covering over £200billion of lending across our Mortgage, Buy to Let and Consumer Portfolios. The work is fast moving and varied and puts team members right at the heart of the decisions which ensure we keep the Society safe for the benefit of our members and colleagues.
The role will appeal to those with an interest in credit risk methodologies and modelling, analytics using large datasets, and providing excellent insight and service to our internal and external stakeholders.
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 either our Swindon or Northampton 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
The successful candidate will join the Provisions Team, taking on the responsibilities including:
- Producing analysis and reports which provide senior stakeholders with robust estimates of future credit losses monthly across both Retail and Commercial portfolios.
- Supporting our Finance colleagues in the preparation of provision loss analysis for inclusion in the Interim and Annual Report and Accounts.
- Operating and evidencing a robust process, controls and governance framework making improvements as necessary to ensure results are accurate and appropriate.
- Taking on and presenting new projects which derive insight into emerging portfolio credit risks and methodologies to measure them.
About you
As a minimum requirement you’ll:
- Experience of coding using SAS, SQL or Python
- Strong experience in Excel and other Microsoft Office packages
- Highly numerate and have experience of analysing and interpreting data.
- Have strong communication and influencing skills, with an ability to explain complex technical topics to a range of audiences.
- Demonstrate a desire and aptitude to develop a career in Nationwide, and to operate successfully as part of a successful team.
It would be advantageous if you also have:
- Experience of working in a large financial organisation
- Knowledge of mortgage and/or consumer product lending portfolios
- Experience of monthly process and control operations
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.
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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
- Access to an annual performance related bonus
- Access to training to help you develop and progress your career
- Gympass – Access to a range of free and paid options for health and wellness.
- 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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