Risk Manager - Credit Risk Measurement

This is a great opportunity for a Risk Manager to join our Data Governance, Reporting and Controls team within Credit Risk Measurement. The teams cover a span of accountabilities including credit risk regulatory and critical reporting, as well as leading governance for data in the credit risk and modelling data domain, and all credit risk and financial controls on behalf of the Chief Credit Officer.

This Risk Manager role will initially be responsible for a large single delivery related to our data submitted to the Credit Reference Agencies, with a potential longer-term role more focused on Reporting. Primary accountability is for the management of Credit Reference Agencies data and data quality enhancements. You will lead and support direct reports to enable effective monitoring and management of Credit Reference Agencies data and will be required to engage with internal and external senior stakeholders, leading on multiple activities to improve and report on data quality.

This is a fantastic opportunity for a risk manager to join a team which focuses on refining high quality and efficient processes, and keeping pace with changing demand. The role holder will directly support confidence in the effectiveness of credit risk, financial and data quality controls to the Risk Community.

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 either our Swindon or Northampton office. Whilst these locations are where we are primarily looking to fill the role, if you’re an internal applicant based in a different location we would welcome your application and if successful, your hiring manager will provide further details on how this could work for this specific role. 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.

What you’ll be doing

Recognised as a subject matter expert in your area, your work will be varied and technically demanding. Reporting into a Risk Manager Lead within the Credit Risk Measurement team, you will be responsible for:

• Developing, documenting and delivering governance, process and control improvements for Credit Reference Agency data submissions and associated data quality.
• Work with other data governance and subject matter experts to manage compliance to the Society data governance controls and standards for the credit risk data domain
• Effectively planning and prioritising activities, engaging with key internal and external stakeholders at a senior level.
• Embedding and utilising data quality tools and techniques to create meaningful insight, identify issues and drive data quality improvements.
• Engage with stakeholders to establish fixes and delivering to a satisfactory conclusion.
• Manage reporting on Credit Reference Agency data quality to various fora and senior management.
• Leading and coaching a team of analysts, support and develop a team of Subject Matter Experts.

In this position you will play a lead role in the Credit Risk Measurement team. Working with other specialists in the Society you will be expected to push for better by defining and helping develop data and systems which support the long-term Credit Risk capability. In doing so you will be ensuring the Society remains focussed, fit and fast and retain the confidence of our external stakeholders and regulators.

About you

As a minimum requirement you’ll need to have:

• Experience of supporting those around you through line management, coaching or mentoring experienced analysts.
• Proficiency in SAS (or equivalent statistical programming software) and Microsoft Office Applications.
• A proven track record of meeting tight deadlines with external regulators or agencies
• Excellent stakeholder management skills to liaise with internal and external stakeholders.
• The ability to work both as a team and using your own initiative with an analytical mindset to review and challenge results, and creativity to develop innovative solutions to complex demands.
• A clear understanding of the importance of data management and financial controls.

Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.

• Say it straight - This is about being honest and direct with good intent and saying what needs to be said in the room. It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
• Push for better - This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
• Get it done - This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.

We know applying for jobs can sometimes feel like you’re sending an application into a black hole.

We review each application individually. So, it’s a good idea to call out your most relevant experience on your application to give yourself the best chance.

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

• A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
• Up to 2 days of paid volunteering a year
• Life assurance worth 8x your salary
• A great selection of additional benefits through our salary sacrifice scheme
• Wellhub – Access to a range of free and paid options for health and wellness.
• Access to an annual performance related bonus
• Access to training to help you develop and progress your career
• 25 days holiday, pro rata

What makes us different

Nationwide is the world’s largest building society. With over 15 million customers, we have a relationship with almost a quarter of the UK’s population. We’ve got the scale to compete with the big banks, but we’re not a bank.

As a building society, we’re owned by our members – that’s our customers who have their current account, mortgage or savings with us. It means we can do things differently to deliver our Purpose – Banking – but fairer, more rewarding, and for the good of society.

When you work at Nationwide, you can experience that difference for yourself. You’ll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You’ll also be joining us at an important time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don’t have to bank with a bank. They can choose a modern mutual instead.

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.