As a Senior Risk Analyst in the Provisions team in Credit Risk Measurement, you’ll work within a collaborative, high performing and innovative team focused on credit risk provisioning and impairment analytics.
Working closely with colleagues across Risk, Finance, and the business, we deliver timely reporting, deep dive analysis, and meaningful insight into monthly provision movements. We also play a key role in the regular review and enhancement of post model adjustments, ensuring assumptions are robust, transparent, and aligned to evolving economic conditions.
We are happy to consider flexible working approaches to help you perform at your best.
This is a 12-month secondment opportunity.
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.
Nationwide is committed to the redeployment of our employees impacted by change, as such applications for redeployment candidates will be prioritised in this recruitment process.
If you’re a colleague on long-term absence (for example, on parental leave) or a temporary worker, please use your personal email address to submit an application.
Responsibilities
What you’ll be doing
This role offers exposure to a wide range of activities across the team. You will be responsible for delivering accurate monthly provision reporting, alongside leading ad hoc analysis to understand and explain key provision movements. This will include presenting clear, insightful explanations at forums and to senior stakeholders.
You will also contribute to ongoing process improvement initiatives, ensuring our reporting and analytical processes are efficient and robust. In addition, you’ll undertake larger, deep dive analytical reviews where strong communication skills will be essential to translate complex outputs into clear messages for stakeholders with varying levels of expertise.
A key part of the role is leading reviews of provision model adjustments, involving the assessment and challenge of underlying assumptions and methodologies. You will be expected to form well-reasoned recommendations and present clear, evidence-based justifications to stakeholders.
There will also be opportunities to support and mentor junior analysts, helping to develop their technical and analytical capabilities, while contributing to the overall quality and consistency of team outputs.
About you
As a minimum, you will bring:
Strong SAS skills, including data extraction, manipulation, and analysis
Advanced proficiency in Excel (e.g. complex formulas, pivot tables, and data interrogation)
Hands on experience within Credit Risk
Strong analytical capability, with the ability to identify, investigate, and clearly articulate the drivers of financial or risk related movements
Excellent communication and stakeholder management skills, with the confidence to present complex information in a clear, structured, and persuasive way
Proven ability to manage timelines, track delivery, and proactively escalate risks or issues where required
A proactive, self-motivated mindset, with the ability to work independently and take ownership of solving problems
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.
Qualifications
The extras you’ll get
There are all sorts of employee benefits available at Nationwide, including:
25 days holiday, pro rata
Access to private medical insurance
A highly competitive pension to help you build a strong foundation for retirement
Access to an annual performance-related bonus
Training and development to help you progress your career
A great selection of additional benefits through our salary sacrifice scheme
Life assurance to provide peace of mind for you and your loved ones in the event of your death
Wellhub – access to a range of free and paid options for health and wellness
Up to 2 days of paid volunteering a year
Banking – but fairer, more rewarding, and for the good of society
We forge our own path at Nationwide.
As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.
If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.
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. As a standard-setter, we work for the good of customers, communities, and broader society.
We are purpose-driven. Uncompromisingly customer. Unstoppably Nationwide.
What to do next
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.
The hiring manager for this role is Natalie Thompson, and the main recruitment contact is Thomas Pegg.
Contact Details:
Nationwide Building Society Recruitment Team
