SCUK Risk Analyst in Surrey

This job is with Santander UK, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community. Please do not contact the recruiter directly. SCUK Risk Analyst Country: United Kingdom Santander Consumer Finance UK (SCUK) is based in Redhill, Surrey and provides motor finance to a network of dealerships throughout the United Kingdom. We are pleased to share that we are currently looking for a Risk Analyst to join our Risk department to support the Risk Control function, with a primary focus on Market Risk. Reporting into the Risk Stress Testing Manager, you will be will supporting the independent monitoring, analysis, oversight, and reporting carried out within areas managed by Risk Control (including Market Risk, Credit Risk, Model Risk, and Enterprise-Wide Risk Management [EWRM]), helping to ensure risks are identified, measured, and managed within approved Risk Appetite limits. Please note the closing date for this role will be, end of day, Friday 9th October 2026 Key responsibilities will include: Market Risk: Undertaking regular Market Risk monitoring and analysis. Supporting the oversight of interest rate risk, structural balance sheet risk, and liquidity risk. Analysing movements in Market Risk exposures and investigate key drivers. Producing and maintaining Market Risk reporting and management information. Supporting monitoring against Market Risk Appetite limits. Assisting with stress testing, scenario and sensitivity analysis. Developing knowledge of Asset and Liability Management (ALM), IRRBB, and liquidity risk. Risk Control: Supporting the independent second-line monitoring, analysis, and reporting of risk across Risk Control functions. Monitoring Risk Appetite metrics, limits, and key risk indicators, tracking portfolio performance. Identifying and investigating material movements, emerging risks, and potential breaches. Escalating issues appropriately and support follow-up management actions. Producing clear, accurate, and timely risk reporting and management information. Supporting independent challenge of risk information, assumptions, and business activities. Contributing to the maintenance of risk frameworks, policies, procedures, and controls. Assisting with Model Risk activities including model performance monitoring (Market Risk and stress testing models), periodic reviews, model maintenance, providing support to second-line Model Risk. Supporting EWRM activities, including stress testing and BAU forecasting, through data preparation, analysis, scenario assessment, reporting, and investigation of results. Undertaking regular and ad-hoc analysis to investigate risk issues, identify trends, and support decision-making across the Risk Control function. Developing and enhancing analytical reports, dashboards and monitoring tools using Excel, Power BI, and other appropriate analytical tools with the view of improving automation and accuracy. We're looking for someone with: Analytical Thinking