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Risk Analyst

Risk Analyst

  • Location: Countrywide
  • Salary: £25,421 - £36,720
  • Contract Type: Permanent
  • Ref: R001500744
  • Closing Date: 06 December 2020

An exciting opportunity has arisen for a risk analyst within Credit Risk Measurement, which is part of the Risk Community. The team design and operate solutions for forecasting credit risk, calculating and forecasting provisions, managing and governing the quality of credit risk data and regulatory and critical reporting.

The successful candidate will join us in one of the areas of accountability within Credit Risk Measurement, helping us to ensure Nationwide’s financial resilience, regulatory compliance and reporting, financial planning and stress testing as well as providing services for the measurement of credit risk across all risk portfolios.

This is a fantastic opportunity for someone who has an analytical mindset, is conscious of the importance of accuracy and controls and is keen to develop their technical skills whilst making a real difference.

Due to COVID-19 the way we are operating as an organisation is changing. As we try to navigate the varying and unprecedented landscape we are continuing to work on how and where our teams work during this time. As a result, we are flexible on location, and whilst this role will involve working remotely to begin with, as things begin to adapt further there will be occasional travel to Swindon and/or Northampton

What you’ll be doing

The successful candidate will join the Credit Risk Measurement team working flexibly across various disciplines in line with current analytical demand. This could be data governance, reporting, calculating IFRS9 provisions or financial planning and stress testing. Opportunities will be available to rotate between sub teams to gain valuable experience in different areas of credit risk measurement developing a sound knowledge base to complement technical skills.

With guidance, you will be responsible for executing models, process and engaging with senior stakeholders to deliver regulatory and critical output and reporting. You will ensure outputs are plausible and robust, conducting analysis to provide insight.

Your work will be varied and technically demanding, and you could be working on your own or as part of a wider team.

About you

To be successful in this position, you will need to:

  • Demonstrate a desire and aptitude to develop a career in Nationwide, and to be a key part of shaping a successful team;
  • Be highly numerate and have experience of analysing and interpreting data and/or experience preparing and delivering structured reporting;
  • Experience using data manipulation functions using MS Excel.
  • Have a passion for developing new ways to solve complex problems;
  • Be able to support the production of high-quality outputs that provide clear insight;
  • Work to tight timescales and remain focussed in a pressured environment;
  • Demonstrate a logical approach to performing a task, whilst paying attention to detail;
  • Be self-motivated, with an ability to work both independently and as part of a team;
  • Be able to deal with conflicting demands, prioritise deliverables and respond to business needs in a rapidly changing environment.

In addition, it would be good if you had any one of the following but training and support will be given to the successful candidate:

  • A degree in a quantitative discipline e.g. Mathematics, Statistics, Economics, Physics, Data Management or related field;
  • Experience of analytical tools such as SAS/SQL/VBA/QliK
  • Experience with data management tools such as TERADATA/HADOOP;
  • Practical experience in analysing and modelling credit portfolios, with a good understanding of risk management practices
  • Experience implementing data governance or management information processes.

The extras you’ll get

Our people’s success isn’t based on how long they spend at their desk. While you’ll have contracted hours, we want to offer a flexible environment where possible. That might be working from home, logging on from other offices across the UK, or working part time or compressed hours.

We’ve let you know about the flexibility available for this role at the start of the advert. This means you can quickly decide if it suits how you’d like to work.

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
• 25 days holiday

Why work at Nationwide

We’re a building society founded by ordinary people, our members, who came together to help each other get the most from their money, buy homes and save for their futures. For over 130 years, we’ve supported each other and our communities, and we’ve done the right thing for wider society too.

If you come to work here at Nationwide, you’ll be part of that. Part of something a bit different. And something really quite special.

What’s more, we have a strong ethic of care for each other and our members. We recognise that our employees feel most appreciated when their thoughts and values are respected and considered. We’re committed to creating a culture that recognises and truly values our individual differences and identities. So if you’d like to be a part of an inclusive workplace where you can be yourself, where your talents are nurtured, and you feel empowered to contribute, then please apply and help us in building society, nationwide.

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

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