At a Glance
- Tasks: Join our team to produce critical credit risk reports and ensure data quality.
- Company: Nationwide is a mutual bank focused on fairer finances and customer-first values.
- Benefits: Enjoy hybrid working, generous holidays, a personal pension, and wellness options.
- Why this job: Develop your analytical skills while making a meaningful impact in financial services.
- Qualifications: Strong Excel skills and a passion for data analysis are essential; coding experience is a plus.
- Other info: Apply early as we may close the advert if we receive many applications.
The predicted salary is between 36000 - 60000 £ per year.
This is a great opportunity for a Risk Analyst to join our Reporting, Data Governance and Controls team within Credit Risk Measurement. The teams cover a span of accountabilities including credit risk regulatory and critical reporting, as well as leading governance for data in the credit risk and modelling data domain, and all credit risk and financial controls on behalf of the Chief Credit Officer. The role will play a key part in delivering high-quality reporting for Retail and Commercial Credit Risk, with a strong focus on control execution and regulatory compliance.
Key responsibilities include:
- Producing regular critical and regulatory risk reports across Retail and Commercial portfolios using SAS Enterprise Guide, SAS Viya, and Microsoft Excel, ensuring accuracy and timeliness.
- Completing annual reviews, ensuring that the Credit Risk reporting suite remains relevant, accurate and efficient.
- Adhering to established controls and reporting standards, escalating any data quality issues or anomalies identified during report preparation.
- Collaborating with internal and external stakeholders, as well as regulatory bodies, responding to queries and providing clear, data-driven insights.
- Supporting other team members on ad-hoc reporting requests, through data extraction and data analysis.
- Identifying opportunities to improve and streamline reporting processes, contributing ideas that enhance efficiency, accuracy, and the overall value of risk reporting.
In this role you will play a critical role in the production of Credit Risk reporting. A variety of training options will give you the knowledge and skills you need to be able to thrive in the role. Working with other regulatory reporting specialists in the Society you’ll be encouraged to identify and implement changes that enhance efficiency and the long-term reporting capability.
About you:
- Excellent Microsoft Excel skills, including the use of Pivot Tables.
- An aptitude to learn, or previous experience of, coding using analytical tools such as SQL/SAS.
- Experience of analysing and interpreting data.
- Able to support the production of high-quality reports and outputs that ensure confidence from stakeholders and regulators.
- A passion for understanding processes and identifying opportunities for improvement.
- Able to work autonomously, demonstrate a logical approach to performing a task, whilst paying attention to detail.
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 outcomes.
You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.
The extras you’ll get:
- 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.
- Wellhub – Access to a range of free and paid options for health and wellness.
- Access to an annual performance related bonus.
- Access to training to help you develop and progress your career.
- 25 days holiday, pro rata.
At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community we want our working lives to count. As a team, we celebrate what we achieve.
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.
Contact Detail:
Nationwide Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Risk Analyst - Credit Risk Measurement (Reporting) (Northampton)
✨Tip Number 1
Familiarise yourself with the key tools mentioned in the job description, such as SAS Enterprise Guide and Microsoft Excel. Consider taking online courses or tutorials to enhance your skills in these areas, as proficiency will be crucial for the role.
✨Tip Number 2
Network with professionals in the credit risk field, especially those who work at Nationwide or similar organisations. Attend industry events or join relevant online forums to gain insights and potentially get referrals that could strengthen your application.
✨Tip Number 3
Prepare to discuss how you embody the 'customer first' behaviours highlighted in the job description. Think of specific examples from your past experiences where you've demonstrated empathy, honesty, and a commitment to continuous improvement.
✨Tip Number 4
Stay updated on current trends and regulations in credit risk management. Being knowledgeable about recent changes can help you stand out during interviews and show your genuine interest in the field.
We think you need these skills to ace Risk Analyst - Credit Risk Measurement (Reporting) (Northampton)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the responsibilities of a Risk Analyst. Emphasise your analytical mindset, proficiency in Microsoft Excel, and any experience with SAS or SQL.
Craft a Strong Cover Letter: In your cover letter, express your passion for credit risk and how your background makes you a suitable candidate. Mention specific examples of how you've demonstrated customer-first behaviours in previous roles.
Highlight Relevant Skills: Clearly outline your technical skills, especially in data analysis and reporting. Mention your ability to produce high-quality reports and your attention to detail, as these are crucial for the role.
Showcase Continuous Improvement: Discuss any experiences where you've identified opportunities for process improvement. This aligns with the company's value of pushing for better and shows your proactive approach to work.
How to prepare for a job interview at Nationwide Building Society
✨Showcase Your Analytical Skills
As a Risk Analyst, your analytical mindset is crucial. Be prepared to discuss specific examples of how you've used data analysis in previous roles, particularly with tools like SAS or SQL. Highlight any projects where your insights led to improved reporting or decision-making.
✨Understand Regulatory Requirements
Familiarise yourself with the key regulatory frameworks relevant to credit risk reporting. During the interview, demonstrate your understanding of these regulations and how they impact reporting processes. This shows that you are not only technically skilled but also aware of the broader context of your work.
✨Emphasise Attention to Detail
Given the importance of accuracy in credit risk reporting, be ready to discuss how you ensure precision in your work. Share examples of how you've identified and resolved data quality issues in the past, as this will illustrate your commitment to high standards.
✨Align with Customer First Behaviours
Nationwide values a customer-first approach. Prepare to share instances where you've put customers' needs at the forefront of your work. This could involve improving processes based on customer feedback or collaborating with stakeholders to enhance service delivery.