Credit Risk and Control Analyst

Interested in part-time, job-share or flexible working? We want to talk to you!

Join our community.

As a responsible bank, we’re committed to managing our risks. In this key role, you will be part of the Risk Controls team, a second line risk function who provide oversight of business credit risk stewardship.

You'll support the production of accurate credit risk reporting and analysis in the Corporate and Commercial banking environment. You’ll work closely with teams across Front Office, Lending, and Compliance functions to mitigate potential credit risks, and thereby contribute to the financial stability and growth of the organisation.

If you’ve performed a similar role previously, this could be the perfect opportunity to develop your career.

The difference you’ll make:

• Developing and applying risk assessment models and monitoring credit exposures
• Overseeing risk control points and providing accurate reporting
• Reviewing data in key areas such as Reviews, Arrears, and Models (PD/LGD) against policies, procedures and thresholds and identifying key risks through root cause analysis
• Engaging and collaborating with stakeholders to identify material issues and recommending suitable action plans to mitigate potential risks, and seeing through to resolution
• Supporting continuous process and reporting enhancements using technology and focus on emerging risk areas
• Maintaining and contributing to the annual assessments and documentation of policies, procedures and processes, which must be reviewed and completed within agreed milestones

What you’ll bring:

These are the essential requirements you need to be successful in this role:

• Proven ability to undertake portfolio level reviews on controls by accurately reporting and analysing complex financial data using advanced Excel tools (Pivot tables, VLOOKUP, conditional formatting and formulas)
• Experience of working within a risk and compliance, audit or assurance environment within a corporate and commercial or wholesale bank
• Well-developed interpersonal skills, with the ability to present and clearly articulate findings to stakeholders

It would also be nice for you to have:

• Previous experience of delivering financial analysis role of similar complexity and level
• Knowledge of PowerPoint, MS Access, Tableau, PowerBI and experience of working with complex data sets
• Working knowledge of Salesforce and the customer journey
• Understanding of credit risk frameworks and relevant regulations including Basel III, IFRS 9, CRR

What else you need to know:

This permanent role is based in Milton Keynes.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (pro-rata for part-time roles).

If you apply for this role, it’s important you consider your travelling distance, time and cost from your home to the office location. We’re happy to discuss specific working patterns and arrangements within this hybrid approach during the recruitment process.

If you’re interested in this role but with part-time hours or a job-share, we would still love to hear from you and discuss these.

Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. 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.

How we’ll reward you.

As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs.

• £500 annual cash allowance to spend on our great range of benefits.
• Eligible for a discretionary performance-related annual bonus.
• 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.
• 27 days’ holiday plus bank holidays, which increases to 28 days after 5 years service, with the option to purchase up to 5 contractual days per year.
• Free access to a range of digital health services, including GP.
• 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.
• 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more.
• Voluntary healthcare benefits at discounted rates, including: medical insurance, dental insurance, and health assessments.
• Share in Santander’s success by saving or investing in our share plans.
• Support your favourite causes through charitable giving and our community partnerships.
• 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.

Learn more about our benefits and family friendly policies

What to do next:

If this sounds like a role you’re 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 telephone, email, or face to face. You can contact us at resourcing@santander.co.uk or call 0870 414 9080.