WHAT YOU WILL BE DOING

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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

• · Experience with building and running models in SAS or similar statistical software or programming/coding languages
• Experience analysing large sets of data and ability to communicate findings in proficient manner

It would also be nice for you to have

• Relevant academic qualification
• Recognised professional certification.
• Experience working in financial services.
  

What else you need to know

• This role is based in Milton Keynes with flexibility working from home
• Permanent role

Everyday 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
• Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
• 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
• Voluntary healthcare benefits at discounted rates. Including : Bupa medical insurance, dental insurance, healthcare cash plan and health assessments
• Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
• 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more
• Share in Santander’s success by investing in our share plans
• Support your favourite causes through charitable giving and our community partnerships
  

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 [email protected] or call 0870 414 9080.