Skip to main content Skip to job search
No going back: We're reimagining our world of work. Colleagues who were office-based can now ‘locate for their day’. Meet at a 'hub' office, work from home or somewhere else. Find out more >

Risk Analyst - Advanced Analytics

Risk Analyst - Advanced Analytics

  • Location(s): UK Wide
  • Salary: up to £30,000
  • Contract Type: Permanent
  • Ref: R00AOR01299
  • Closing Date: 06 June 2022
  • We're happy to consider flexible working approaches for this role

This role will require you to work from our Swindon office for a minimum of one day per week.

A fantastic opportunity has become available as a Risk Analyst in our thriving Retail Modelling team – winners of the “Credit Modelling & Risk Team of the Year” at the 2020 Credit Strategy Awards, “Best Use of Technology” at the 2019 Credit Strategy Awards, and in the top 3 for “Data Science Technology Innovation of the Year” at the prestigious 2019 European Data Science Awards. The role involves supporting the decisions made across our key lending products, helping to continuously improve our decision tools that enable the business to make better decisions for our members.

As a Risk Analyst, with the support of a Risk Manager, you will be responsible for supporting projects relating to the ongoing development, maintenance and monitoring of Credit Risk decision models across multiple cycles (Application, Behavioural and Collections), Affordability solutions across all our Retail lending portfolios and developing advanced analytical tools for Economic Crime identification. As well as traditional model development techniques, including regression modelling, use of cutting-edge Machine Learning/Data Science techniques will also feature within model development and maintenance.  

This role is suitable for highly numerate graduates looking to apply their learnings from their degree within a practical environment. 

What you’ll be doing

Under the guidance of your line manager you’ll help to:

  • Write and run code in SAS to produce the data we need (we’ll teach you this part).
  • Understand the data and identify key insights, monitor model performance and present the findings to others.
  • Support the development of scorecards/models and advanced analytical tools, employing relevant statistical techniques to validate and enhance the risk models
  • Build relationship with team members and across the business to ensure insight is shared and models are understood.

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 role you will:

  • Have a strong quantitative degree from a Mathematics, Statistics or Data Science related subject.
  • Enjoy working with data, carrying out advanced analytics and modelling, interpreting results and making recommendations.
  • Have a logical and analytical mind with a passion for solving complex problems to a high standard.
  • Have experience of presenting / explaining your findings to others both verbally and through a written report.
  • Have experience of building relationships and communicating with confidence whilst also working well on your own initiative.
  • Demonstrate a strong aptitude for programming and coding tools such as SAS / R / Python (experience is preferable but not required as training will be provided).

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
  • 25 days holiday, pro rata

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



Risk Analyst - Advanced Analytics

Apply now Save job
Best Practice Awards Winner 2021 Resized
Mind Wellbeing Awards Gold Logo
Princes Responsible Business Network
Carer Confident Kitemark
Purple Space
Business Disability Forum Logo Small
Dc Badge Logo
Stonewall Logo Black 2021 Small
Tech%20She%20Can%20Logo%202021 04
Valuable 500 Logo
AFC Gold 2021 (2) (002)
TTC Signatory Logo (003)
FT Leaderdiversity 2021 Siegel RGB Singular
Women In Finance Hm Mark Imagecomponent 5050 2X 5050 Desktop2x
Stonewall Gold