Location
Glasgow
Other Locations
Swindon / Wiltshire
Swindon / Wiltshire
London / Greater London
Northampton / Northamptonshire
Bournemouth / Dorset
Dunfermline / Fife Region
Sheffield / South Yorkshire
Wakefield / West Yorkshire
Belfast / Antrim
Birmingham / West Midlands
Cardiff
Chester
Maidstone
Manchester
Norwich / Norfolk
Worthing
Edinburgh
Newcastle
Leeds
Salary
Between £85,000 and £110,000
Contract
Permanent ( Full Time
)
Reference
4035
Closing Date
22 July 2026
Job description
The Business Banking Division within Nationwide is responsible for sourcing and delivering new lending opportunities and customers for Business Banking, generating additional income and strong returns, and maintaining and deepening relationships with Introducers across the market.
The Business Credit Team is a high performing team that is responsible for ensuring that the risk we take in relation to our lending to businesses is appropriate and in line with the Society’s Risk Appetite Statements. Our Strategic Finance Team look at deals across leveraged transactions, participations, and corporate. Our National Sector look at Hotel, REF, Renewables, Healthcare and Agriculture. The current team is made up of a mix of experienced corporate bankers and accountants with many years of experience of operating in the UK corporate finance market.
As a Credit Director, you will use your commerciality, experience, expertise and knowledge to analyse and decision, high value and often complex corporate funding requests across the whole of Strategic Finance and National Sector portfolios. Working closely with colleagues across the wider Credit Risk team you will deliver innovative solutions that align to our Risk Appetite settings, as well as provide timely identification, mitigation, and management of risks the combination of which enable us to stand out from the competition whilst keeping Nationwide BS safe and fulfilling Our Purpose.
You’ll have the opportunity to develop and grow your people leadership skills, and as a deputy to your nominated people leader you will gain insight and input into key strategic initiatives.
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.
Virgin Money is now part of Nationwide
Nationwide acquired Virgin Money in October 2024. Virgin Money continues to serve customers on the high street, and there will be a phased and considered integration over the coming years.
You’ll be employed by Nationwide from day one, delivering real impact and benefitting from a highly competitive range of benefits. We’re a workplace where you’re rewarded, recognised and celebrated.
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
Undertaking Credit Risk assessments and decisioning in accordance with the approved Risk Settings as determined in agreed Business Lending Standards and Transactional Acceptance Standards.
Ensuring that the risks of lending proposals submitted are properly identified, assessed, and mitigated appropriately.
Accepting full responsibility for lending decisions made within individual and joint Delegated Commitment Authority (DCA) and/or recommending to a higher authority beyond personal DCA and making recommendations and presentations to Credit Committees on proposals which fall within Credit Committee DCAs.
Managing the asset quality of the Strategic Finance & National Sectors portfolios across the UK, being accountable for credit decisions and identify signs of stress. Liaising with our Business restructuring team with the aim of minimising the Bank’s exposure to bad and doubtful debt.
Proactively looking for opportunities to enhance the financial package proposed for the customer where this is appropriate and within acceptable risk parameters.
Providing a quality service to our internal customers including coaching, provision of feedback, specialist industry information and advice on the quality of Credit Submissions.
Proactively reviewing and recommending improvements to the Society’s Business Lending Standards and Transactional Acceptance Standards.
Supporting the Business Bank aspirations for Asset growth with a balanced approach to Asset Quality and Risk Reward.
Working closely with Strategic Finance and National Sectors teams across the UK, including participation in team meetings as well as customer and advisor visits.
Using available data sources to monitor and highlight either individual counterparty, portfolio or regional issues or trends which may impact credit risk or customer service.
Contributing to team training and proactively look to share key learnings and experiences among colleagues and the wider credit and Risk teams.
About you
A sound understanding of business risks across a broad range of business sectors and structures and understand the risks associated with lending to each of them.
Ability to think critically, be pragmatic and commercial, have confidence to challenge, problem solve and have confidence to decision new lending proposals.
Knowledge of the current economic climate and the corporate finance market.
An ability to understand, analyse and interpret complex financial statements and written narrative and consider in line with the Society’s credit risk framework and risk appetite, thereby enabling the making of informed decisions.
Strong capacity to manage high workflows and prioritise appropriately, managing stakeholder expectations.
Superb blend of communications and negotiating skills.
Proven ability to introduce and drive through change.
Significant experience in Business Banking corporate lending as a relationship manager or in a credit role.
A track record in building and managing stakeholder relationships.
The ability to work both independently and as part of a team, coach and develop staff in complex credit matters and act as a mentor as required / appropriate.
Demonstrated an ability to make sound and balanced decisions under pressure/time constraints.
Experience in lending as a relationship manager with a portfolio displaying significant connections and complexity.
Degree, Banking and/or Professional Qualification or equivalent practical experience.
Held and operated a significant Credit Lending Authority.
Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:
Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind
Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes
You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.
The extras you’ll get
There are all sorts of employee benefits available at Nationwide, including:
30 days holiday, pro rata
Access to private medical insurance
A highly competitive pension to help you build a strong foundation for retirement
Access to an annual performance-related bonus
Training and development to help you progress your career
A great selection of additional benefits through our salary sacrifice scheme
Life assurance to provide peace of mind for you and your loved ones in the event of your death
Wellhub – access to a range of free and paid options for health and wellness
Up to 2 days of paid volunteering a year
Banking – but fairer, more rewarding, and for the good of society
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.
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.
