Risk Analyst

A fantastic opportunity has become available as a Risk Analyst in our thriving Risk Decision & Data Science team – winners of the “Credit Modelling & Risk Team of the Year” at both the 2022 and 2020 Credit Strategy Awards. RD&DS is a dynamic and fun place to work, with a fantastic team culture and a culture for recognising and rewarding the great work its colleagues do.

The role involves supporting the decisions made across our key lending products, helping to continuously improve our decision tools that enable the business to make better decisions for our members.

As a Risk Analyst, with the support of a Risk Manager, you will be responsible for supporting projects relating to the ongoing development, maintenance and monitoring of Credit Risk decision models across multiple cycles (Application, Behavioural and Collections) and affordability solutions across all our Retail lending portfolios. As well as traditional model development techniques, including regression modelling, use of cutting-edge Machine Learning/Data Science techniques will also feature within model development and maintenance. 

This role is suitable for highly numerate graduates looking to apply their learnings from their degree within a practical environment as part of a high-performance hybrid working team (working from home and in person), with a fantastic culture.

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 our Swindon 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. 

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.

Responsibilities

What you’ll be doing

Under the guidance of your line manager, you’ll undertake work that will be varied and technically demanding, and you could be working on your own or as part of a wider team.

You’ll need to write and run code in SAS (we’ll teach you this part) to produce the data required to identify key insights, monitor model performance and support the development of models and advanced analytical tools using relevant statistical techniques. 

You’ll also be building relationships with team members and across the business to present your insights, ensure our models are understood, and our models are used optimally to benefit our customers.

 

About you

As a minimum you’ll have:

• A strong quantitative degree in Mathematics, Statistics or another quantitative related subject; any experience working with predictive models would also be beneficial
• Experience of working with data, carrying out advanced analytics and modelling, interpreting results and making recommendations
• A logical and analytical approach, with a passion for solving complex problems to a high standard
• Experience of presenting and explaining your findings to others, both verbally and through written reports
• Experience of building relationships, communicating with confidence, and working effectively on your own initiative
• A strong aptitude for programming and coding tools such as SAS, R or Python; experience is preferable but not required, as training will be provided

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

• 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.

Keeping your data and personal information confidential is important to us. To find out more about how we use and process your data, please read our Privacy policy. 

If you want to find out more about using AI in our recruitment process, please read more here. 

Disability Confident  

We’re not just guided by data, we’re driven by the real experiences of our people. We’re a Disability Confident Level 3 Leader, the highest level.  

That’s why we’re constantly evolving our policies and practices to make sure everyone feels genuinely supported, valued, and empowered to champion inclusion. Whatever your needs, we’re here to support you. If you need any additional support throughout your application journey, email our team at Recruitment Support.  

Apply safely with Nationwide 

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