Senior Credit Risk Analyst (SAS) in Redhill, Surrey

SCUK Senior Credit Risk AnalystCountry: United KingdomThis is an excellent opportunity to take on a key role within the Santander Consumer Finance Risk Department, helping to manage the credit risk associated with a portfolio of motor dealers and associated products. You'll have exposure to complex credit decisions, higher-risk and vulnerable dealer accounts, and some of the organisation's key wholesale relationships. You'll combine detailed financial analysis with commercial judgement, producing robust credit recommendations and helping to maintain the quality and stability of the wholesale dealer portfolio. The role also provides the opportunity to work with a broad range of internal and external stakeholders, including Commercial, Finance, Legal & Compliance, manufacturer partners, business owners and third parties. Please note this role is a hybrid role with at least 3 days a week in the Redhill office. Remote workers will not be considered. Preparing and completing complex and aggregated credit reviews for new and existing funded motor dealers, ensuring submissions meet UK Loan Committee and Madrid standards and comply with Credit Risk Policy and the Risk Appetite Framework. Managing an allocated portfolio of Wholesale and Credit Concern dealers, including ongoing monitoring, annual reviews, covenant tracking, financial assessment and early-warning identification. Producing comprehensive financial analysis and clearly evidenced recommendations or decisions, supported by robust rationale and appropriate KPIs. Supporting the assessment of higher-risk proposals, restructuring requests and vulnerable dealer exposures through detailed risk analysis and recommendation papers. Completing dealer risk-rating assessments using internal Santander models and tools. Proactively monitoring high-risk Wholesale accounts and wider portfolio risk trends, escalating material changes, vulnerable dealer concerns and potential issues. Supporting month-end risk reporting, including provisions, Dun & Bradstreet information, Wholesale SAS data and Risk Control reports. Reviewing stock audit reports and taking appropriate action to mitigate potential losses, engaging with Commercial teams, dealers and third parties where necessary. Supporting legal documentation, securities and the conditions associated with credit sanctions and the release of funds. Undertaking dealer visits when required, engaging directly with business owners and directors to gather financial and non-financial information. Exercising authority to approve credit limits within assigned mandates. Mentoring new analysts and new joiners within the Wholesale team, supporting the delivery of clear training plans. Strong experience in credit underwriting, deal structuring and client-facing situations. Excellent numerical and analytical capability, with an in-depth understanding of key financial ratios and the ability to interpret economic and financial data. The ability to turn complex financial information into clear insight and robust recommendations that support effective credit decisions. Familiarity with credit bureau information and external data sources used to support credit underwriting. Strong judgement, attention to detail and an inquisitive approach, with the confidence to identify and escalate changes in risk. Strong organisation and time-management skills, with the ability to work independently and deliver quality outputs against demanding deadlines. Strong IT and Excel skills; knowledge of SAS and Power BI is also highlighted within the role profile. Knowledge of the motor finance sector or a similar vendor finance environment would be a distinct advantage. Competitive salary dependent on experience27 days holiday per annum, plus bank holidaysAnnual bonus based on personal and company performancePrivate medical cover500 flexible benefit allowanceGenerous pension contributionsEmployee assistance programmeSharesave schemeGym passes at a reduced rate for 3,000 gyms, leisure centres etcOther things you need to know: We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair. At Santander Consumer Finance we have a zero-tolerance approach to discrimination, bullying, harassment (including sexual) or victimisation of any kind. Should you want to be considered for part time hours, please let us know and we can assess your requirements. SummaryLocation: RedhillType: Full time