Risk Manager - Secured Credit Risk

at  Nationwide

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. The Secured Credit Risk team is responsible for managing the asset quality of the Society’s mortgage portfolios, which includes designing effective new lending strategies, managing the credit quality of the portfolios and providing specialist credit risk advice to the business. The team use their analytical skills and experience to provide insight that helps our business directors make informed decisions. After all, the decisions we make in terms of who we lend to can affect our growth and our members.
We now have an exciting opportunity to join our mortgage portfolio team to help us drive and enhance our credit risk capabilities.
So, if you have a passion for doing the right thing in the right way for our members and want to join the mortgage team of the country’s largest Building Society 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.

ABOUT YOU

As a minimum requirement, you’ll have experience of:

• Leading or coaching Analysts in a Credit Risk function
• Using statistical and analytical tools (ideally SAS) and working with large datasets
• Innovating to find solutions to problems and/or efficiency improvements
• Producing insightful analytics and using this to design effective and robust credit strategies

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.

Your job will include leading, coaching and developing a team of SAS analysts who analyse credit risk data, providing stakeholders with valuable insight into the changing credit risks within the Owner Occupied mortgage portfolio.

You’ll be involved in:

• Leading and coaching SAS analysts, driving and delivering data-driven insights into the mortgage portfolios
• Using this insightful analysis to design effective and robust credit strategies
• Evolving our credit control and portfolio management approach to support the growth of our mortgage portfolios
• Innovating to utilise new data sources to improve processes and increase the automation of the customer journey
• Ensuring that insightful and data driven management information and analysis is produced and emerging risks are identified
• Managing stakeholder relationships and representing Credit Risk at internal and external meetings, influencing decisions where necessary
• Providing expert advice to business partners and designing pragmatic solutions that support financial plan whilst ensuring our lending stays within risk appetite
• Our workload is highly dynamic requiring strong organisational skills to reprioritise your own and others workload at short notice
• Diligently reviewing regular reporting to ensure accuracy
• Ensuring all Governance requirements are met and periodically reviewed.

However you undertake your work, the purpose will always be the same – your role will be to provide insightful analysis which enables the Society to make good decisions for our members.