As a Senior Manager in Credit Risk Oversight you will be responsible for overseeing all aspects of credit quality across all of Nationwides Lending portfolios.
You will also act as the Business Credit Risk oversight partner, you and your team will also be required to be the subject matter experts for all matters related to the Business portfolios across the Credit Management Lifecycle.
You will manage a team of credit risk experts to oversee the setting of Credit Risk Strategy, ensuring alignment with Nationwide strategic direction and ensuring credit risk is being managed in line with Risk Appetite. You will ensure credit risk strategies deliver the desired balance between caution, in order to protect our members money, whilst delivering the necessary economic returns to further our financial strength.
You will oversee the setting of credit policy, providing an independent opinion on proposals in Group Credit Committee and at MRT levels to ensure a full understanding of end to end credit risk management.
Your team of credit experts will be responsible for undertaking regular deepdives on credit policy and mitigants, ensuring these are appropriate to, and effective in managing, the risks identified, any new risks emerging as well as the opportunities and balance of risk and reward
You will oversee the assessment of IFRS9 provisions, ensuring carrying provisions are adequate and capture Nationwide’s exposure to present and future upcoming risks. This will include ensuring sensible forecast of provisions and risk profile are included in financial forecasts, both for Financial Planning and stress testing purposes.
This is a high profile role, your span of influence will involve providing second line opinion for Group Credit Committee, Credit Risk Management Forums and deputising for the Head of Credit Risk Oversight as required
As an experienced credit risk professional, with a working knowledge of all facets of credit risk management, you will be a member of Credit Model Technical Forums, ensuring model approvals are considerate of the operating and risk environment in which they are used.
This is a fantastic opportunity for a people leader and deep technical expert in all that is credit risk, to provide strategic direction and promote Nationwide Building Society for the benefit of its members, employees and third parties.
We are happy to consider flexible working approaches to help you perform at your best.
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 be located at our nearest regional office or hub. There will be a need to regularly connect with colleagues for collaboration and in some locations you’ll be expected to spend at least two days a week, or if part time you'll spend 40% of your working time, in the office. If your application is successful, your hiring manager will provide further details on how this works.
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.
There are all sorts of employee benefits available at Nationwide, including:
We forge our own path at Nationwide.
As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.
If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.
At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community, we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.
We are purpose-driven. Uncompromisingly customer. Unstoppably Nationwide.
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.
Please note that should you be successful in securing this role, the job title on our internal systems will be Senior Risk Manager.
