Risk Manager Lead - Risk Decision & Data Science

Job Description

A fantastic opportunity has become available as a Risk Manager Lead in our thriving Risk Decision & Data Science team - winners of the "Credit Modelling & Risk Team of the Year" at both the 2022 and 2020 Credit Strategy Awards. RD & DS is a dynamic and fun place to work, with a fantastic team culture and a culture for recognising and rewarding the great work its colleagues do.

As a Risk Manager Lead, with the support of a Senior Risk Manager, you will be responsible for leading and shaping the development of credit scoring capability in the team. Thus, enabling the delivery of cutting‑edge analytical tools that optimise decisions for all our Retail Lending portfolios, across all aspects of the credit lifecycle (Application, Behavioural and Collections/Recoveries), as well as Affordability solutions that ensure responsible lending and compliance with regulation.

Experience of "hands‑on" delivery of multiple scorecard / model developments will be essential, as elements of the role will involve developing innovative solutions to complex business problems. Capability to translate complex issues into a more palatable form for a less technical audience will also be critical to ensure productive relationships with key stakeholders. Furthermore, a proven track record of delivering through leading others will be required.

Proven experience in stakeholder management and communication will be integral to the role, as it will involve regular engagement with the Senior Management in Secured and Unsecured Risk, Model Risk Oversight, Collections/Recoveries, and Product areas. People leadership experience will be essential for you to motivate and enable your direct reports and the wider team to deliver high‑quality models to tight timescales.

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 our Swindon office. If your application is successful, your hiring manager will provide further details on how this works. 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.

Your responsibilities will include engaging with senior stakeholders, planning and leading multiple projects relating to the ongoing development, maintenance and monitoring of models across Credit Risk and Collections & Recoveries

You will provide strong technical leadership and support, to lead, motivate and enable your direct reports and the wider team. Develop, document and deliver models and advanced analytic tools, employing relevant statistical techniques.

In doing this you will pro‑actively engage and communicate with the wider business on model developments and how they will impact business decisions, presenting model performance to risk committees and senior management.

The role will involve engagement with the Systems, Product Risk, Collections, Recoveries, Retail IRB (Internal Ratings Based) Modelling & Model Validation teams to ensure that requirements are understood, met and implementable. You will also be responsible for presenting your projects and insights to the relevant modelling fora and business committees.

Your role will also be critical to ensure colleagues can develop their careers, and that RD&DS is a great place to work.