Here at Nationwide we put our members at the heart of everything we do and every role, no matter what it’s doing, has a part to play in this. Our Retail Modelling Team use their analytical skills and experience to help inform our directors of what decisions they need to make, after all, the decisions we make in terms of who we lend to can affect our growth and our members.
We have an opportunity to join our Retail IRB (Internal Ratings Based) Modelling team to help us drive and develop our capital models. We are a friendly and dynamic team who work together to develop high-quality retail Advanced IRB credit risk models. Aligned with the core purpose of these models, this role provides an opportunity to join a team that keeps the Society safe and secure for all our members.
So if you have a passion for doing the right thing in the right way for our members, and want to further your career in Risk modelling using SAS, then this may be the role for you.
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 our Swindon 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

Under the guidance of a modelling manager, you will be responsible for:

• Using relevant statistical and analytical techniques to develop and maintain AIRB credit risk models.
• Employing ‘best-in-class’ modelling practice.
• Sharing knowledge and expertise across the team.
• Communicating the performance of models to the wider business.
• Working with stakeholders from across the business.
• Contributing to the success and evolution of the team.

This role is a fantastic opportunity to design, develop and maintain models which are key to business decisions that the Society makes. You will learn skills which will be crucial to the future success of the Society in a supportive environment. You will be responsible for end-to-end model developments, working closely with the business to understand its needs, understanding the data and what they tell us, and using innovative techniques to deliver solutions which drive strategic decisions across the business.
However you undertake your work, the purpose will always be the same – your role will be to support the development of best-in-class credit risk models, that enable us to reward our members and deliver value to Nationwide.
In addition to all of the on-the-job training, we will also help you develop all the skills you need to progress your career as a risk professional.

This role is all about model development in SAS, so you’ll need to have or be:

• A degree-level education in a numerate subject would be preferable (such as Mathematics, Physics, Engineering, Economics or Computer Science);
• An aptitude for working with data, analysing, generating insight and sharing your conclusions in an open, honest and precise manner;
• A passion for researching new ways to solve complex problems that deliver valuable insight and real business benefit;
• The ability to clearly communicate complex issues in a succinct and simple way

Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:

• Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind
• Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
• Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
• Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcome