Senior Credit Risk Analyst | S2 | Unsecured Credit Risk | Multiple Locations

Senior Credit Risk Analyst | S2 | Unsecured Credit Risk | Multiple Locations

Country: United Kingdom

IT STARTS HERE

Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organisation, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.

This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.

Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.

Retail & Commercial Banking is a global business integrating all our retail and commercial banking activities to better serve our customers, improve efficiency and drive value creation.

THE DIFFERENCE YOU MAKE

Santander is looking for a Senior Credit Risk Analyst based out of Milton Keynes, Glasgow, or Manchester.

This is a 12-Month Fixed Term Contract.

As a Senior Credit Risk Analyst you will be helping to manage risk for Santander's Unsecured portfolio across multiple products. You will develop skills and experience in credit risk management and knowledge across the product lifecycle as part of a team and working with other parts of the business.

We’re shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas.

The difference you’ll make:

• Solving complex business problems using data analysis software, providing practical value-based solutions, and managing portfolios.
• Identifying key portfolio issues through deep-dive investigations using our in- depth knowledge of credit portfolio performance.
• Develop and implement appropriate value-based risk policies, strategies, models, and controls.
• Taking accountability of credit policy oversight by monitoring performance, clearly communicating issues, developing, and recommending changes where appropriate
• Building Strong Relationships between Risk and other key business areas

WHAT YOU’LL BRING

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.

The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Professional Experience

• Awareness of credit industry products and markets (Preferred)
• Experience in credit risk analysis and credit risk decisioning (Preferred)

​

Education

• Degree level in a numerate subject (e.g. Maths, Statistics, Operational Research, Physics, or Engineering, ideally 2:1) and/or equivalent qualifications/experience (Required)

​

Languages

• English (Required)

​

Hard Skills

• Coding/Data manipulation experience (Required)
• High degree of computer literacy (Required)

​

Soft Skills

• Excellent oral and written communication skills (Required)
• Creative thinking required as many problems are unprecedented and without guidelines (Preferred)
• Resilient to setbacks, with the tenacity, drive and keen eye for detail required to solve complex challenging problem (Preferred)

WE VALUE YOUR IMPACT

At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return.
Here, recognition goes beyond pay. It’s about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive — personally and professionally.

• 25 days’ holiday plus bank holidays, which increases to 26 days after 5yrs service, with the option to purchase up to 5 contractual days per year.
• Voluntary healthcare benefits at discounted rates. Including: medical insurance, dental insurance, and health assessments
• 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.
• 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.

• Share in Santander’s success by saving or investing in our share plans. 
• 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

• Competitive rewards that reflect the real impact you make and the value you bring.
• Wellbeing that goes beyond work — we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support.
• Support for every life stage — from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support.
• Time to give back through volunteering opportunities that let you make a difference in the communities we serve.
• Global growth opportunities to shape your career, learn new skills and explore what’s possible across our international network.

Ready to be recognised? It starts with you.

LOCAL COMPLIANCE

At Santander, we’re proud to be an inclusive organisation that provides equal opportunities for everyone — regardless of age, gender, disability, civil status, race, religion or sexual orientation.

We’re committed to creating a recruitment experience that’s accessible, fair and welcoming for all candidates.

We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow.

To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles).

When applying, please consider the travel distance, time and cost to your chosen office location(s). 

We welcome applications on the understanding that, should you be offered this role, there may be no relocation package available. Santander will pay the employer mandatory government fees that are required to pay in connection with visa sponsorship. You may be liable for your own personal employee immigration and relocation costs.

Right to work in the UK

• All candidates must have the right to work in the UK to commence employment with Santander.

WHAT TO DO NEXT

If this sounds like a role you are 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 email. You can contact us at resourcing@santander.co.uk.