Risk Analyst Lead

at  Nationwide

This is a great opportunity for a Risk Analyst to join the Provisions team in Credit Risk Measurement, drawing insight and considering impacts to ensure the Society remains well placed to support our members and customers. The role focuses on the delivery of IFRS9 credit loss provisions, analytics and reporting covering over £200bn of lending across our Mortgage, Buy to Let and Consumer Lending portfolios. With the support of existing specialists, you would develop coding and analytical skills, work with a range of colleagues in Modelling, Finance, and Portfolio Risk teams and successfully build a career in Credit Risk.
The Provisions team are a close knit, friendly and positive team and this role provides an opportunity to join a team that keep the society safe and secure for our members, whilst delivering insight and key management information.
We are happy to consider flexible working approaches to help you perform at your best.
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, based 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.

ABOUT YOU

As a minimum requirement, you’ll:

• Need to be highly numerate and have experience of analysing and interpreting data, which may include comprehending correlations to credit, environmental and economic outlooks
• Have some experience or evidence of an aptitude for coding and/or use of statistical tools including but not limited to SQL/SAS or similar
• Be proficient with key Microsoft Office applications, most notably with Excel
• Have a passion for developing new ways to solve complex problems
• Be confident in building relationships and communicating effectively to a wide range of audiences, tailoring the level of detail as necessary

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.

This Risk Analyst role is primarily focused upon producing, governing, and explaining provisions by undertaking monthly provisions processes, including portfolio level analysis to explain, validate and support the outcomes of well governed provisions reporting. This includes supporting the compilation of informative presentations to forums and committees on the provisions results, presenting and explaining specific components or portfolios to key stakeholders across the business. There are also out of cycle events, which will involve supporting the team across a range of projects and workstreams by undertaking ad hoc analysis and associated reviews to further support business decisions. Over time, there will also be opportunities to support the wider team as an expert on Provisions methodology, output and processes, showcasing key skills and extensive knowledge gained in the team.