IT Analyst in Milton Keynes

Country: United Kingdom. Santander is evolving from a global, high-impact brand into a technology-driven organisation, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible. This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference. Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Capital Reporting is a sub-domain of Enterprise Services within the Chief Information Office of Santander Technology and Operations, providing enterprise-wide systems and support services that help run and transform the bank's IT, data and business capabilities. Specifically, the area looks after the calculation and reporting of Regulatory Capital to PRA and ECB.

THE DIFFERENCE YOU MAKE: Santander UK/CIO Enterprise Services is looking for an IT Analyst & Solutions Design based out of Milton Keynes. This is an 18 months fixed term contract. We are seeking a passionate IT Analyst to join our team within the Regulatory Capital Engines team sitting under the CIO Enterprise Services. You will play an essential role in this transformation, working with the business and our technology partners to define solutions with detailed functional specifications mapped to technical requirements.

To succeed in this role, you will be responsible for:

• Working with project stakeholders, key business users and other third parties and architects involved to elicit and capture overall scope, approach, and business requirements.
• Creating functional specifications linked to the chosen technical implementation according to best practice in the industry.
• Adding value by challenging the business requirements i.e. what are the gaps in what is stated versus understanding of the overall objective and proposed operating model.
• Championing a test-driven delivery strategy by ensuring that all requirements have clearly defined success criteria.
• Supporting any issue/dependency that is part of the project, ensuring senior management is aware of the issue and that it is progressed, tracked, and escalated where necessary.

What You’ll Bring: Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring. The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Good understanding of Finance, Capital, and Regulatory Reporting.
• Experience working collaboratively in a team as part of an agile, iterative development process.
• Ability to closely work with the users and iteratively deliver solutions to meet business requirements.
• Excellent written and verbal communication skills for requirements gathering and writing: specifications, user stories and guides.
• Experience in owning and supporting full lifecycle delivery, including analysis, design development, testing, UAT, implementation and production.
• Practical experience carrying out complex data analysis using SQL, Excel & Word.
• Excellent analytical skills, with an applied practical problem-solving approach.

Education: Degree or Equivalent (Preferred). It would also be nice for you to have:

• Broad technical knowledge with familiarisation of big data, cloud technology.
• Proven ability to manage projects and user testing.
• Advanced knowledge of programming languages like Scala, Spark.
• Experience of working in Financial Services.
• A passion for enhancing your knowledge and evidence curiosity in emerging technologies.

WE VALUE YOUR IMPACT: At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return. Here, recognition goes beyond pay. It’s about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive — personally and professionally.

£500 annual cash allowance to spend on our great range of benefits. 25 days' holiday plus bank holidays, which increases to 26 days after 5 years service, with the option to purchase up to 5 contractual days per year. Voluntary healthcare benefits at discounted rates. Including: medical insurance, dental insurance, and health assessments. We put 8% of salary into your pension, even if you don’t contribute yourself. We’ll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer. Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover. Share in Santander’s success by saving or investing in our share plans. As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services. Competitive rewards that reflect the real impact you make and the value you bring.

Wellbeing that goes beyond work — we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support. Support for every life stage — from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support. Time to give back through volunteering opportunities that let you make a difference in the communities we serve. Global growth opportunities to shape your career, learn new skills and explore what’s possible across our international network.

Ready to be recognised? It starts with you.

LOCAL COMPLIANCE: At Santander, we’re proud to be an inclusive organisation that provides equal opportunities for everyone — regardless of age, gender, disability, civil status, race, religion or sexual orientation. We’re committed to creating a recruitment experience that’s accessible, fair and welcoming for all candidates. We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow. To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles). When applying, please consider the travel distance, time and cost to your chosen office location(s).

Right to work in the UK: All candidates must have the right to work in the UK to commence employment with Santander.

What To Do Next: If this sounds like a role you are interested in, then please apply. If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through email.