Credit Risk Analyst - IFRS9

Credit Risk Analyst - IFRS9 | S2 | RiskCountry: United Kingdom

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

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Within the Santander UK Risk Division, the Provisions & Forecasting team is responsible for estimating credit loss reserves and for forecasting future credit losses over a range of different scenarios and time horizons.

This is a great opportunity to join a team that is responsible for the maintenance and execution of the full suite of credit impairment models as well as DoD (Definition of Default) engines and plays a key role in the determination of credit loss budgets for Santander UK and provides the credit loss projections used in internal and external stress testing exercises including those requested by regulatory authorities.

The difference you’ll make

• Supporting change process and implementation of new models
• Engaging with other risk areas such as forecasting, portfolio management, collections etc.
• Preparing materials and presenting results to governance forum/committees
• Supporting internal audit activities and closing internal validation points
• Reviewing and challenging of the next generation credit risk provisioning models
• Keeping process documentation up to date with model changes

What you’ll bring

• Basic IFRS9 knowledge or experience
• Intermediate SAS coding knowledge or experience. Other languages such as R, Python will be considered
• Basic understanding of banking portfolios such as Mortgages, Unsecured products and Corporate

It would also be nice for you to have

• Relevant academic qualification or equivalent experience with recognised professional certification
• Good interpersonal skills – persuades and influence others, using a range of approaches to achieve deliverables

What else you need to know:

This 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 for Milton Keynes (pro-rata for part-time roles).

If you apply for this role in these locations, it’s important you consider your travelling distance, time and cost from your home to the office locations.

We’re happy to discuss specific working patterns and arrangement 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 5yrs 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: Bupa 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.

0 414 9080.