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Form of work
Salary- Contract Type: Permanent
- Ref: R00AOR03705
- Closing Date: 28 March 2024
This is a great opportunity for a Senior Risk Analyst to join our Provisions team in Credit Risk Measurement. You’ll work within a close knit, friendly and dynamic team working on the production of both regular provision reporting and accompanying insight and analysis.
This role is within the Risk function, which has been at the heart of Nationwide Building Society’s response to the current cost of living crisis, with a key component coming from our Provisions team, drawing insight and considering impacts to ensure the Society remains well placed to support our members and customers.
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 offices. 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
Recognised as a subject matter expert in your area, your work will be varied and technically demanding. Under the guidance of a Risk Manager, you'll be responsible for delivering monthly provisions reporting and insight analysis to senior stakeholders, covering both Retail and Commercial lending.
There will be opportunities to create new approaches for the measurement of emerging risks with stakeholders, in addition to identifying and delivering process and controls improvements, ensuring all output needs are maintained and adequate controls are in place.
You’ll also work closely with our Finance colleagues in the preparation of provision loss analysis to support the Interim and Annual Report and Accounts.
About you
As a minimum requirement you’ll need to have/be:
- Proven experience of analytical software, such as: SQL, SAS Base, Enterprise Guide programming.
- Be fully proficient with key Microsoft applications i.e. Excel, Word, PowerPoint.
- Be highly numerate and have experience of analysing and interpreting data.
- An ability for developing new ways to solve complex problems.
- Able to work both as a team and using your own initiative to produce accurate, insightful results whilst meeting critical deadlines.
It would be an advantage if you had the following:
- A good understanding of risk management practices
- A degree in a numerate discipline (i.e. Mathematics, Statistics or related subject) or the equivalent role related experience
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
- Gympass – 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
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
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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