Analyst, Wholesale Credit Risk – Portfolio Management recruitment

As one of the UK's leading financial services Santander offers a comprehensive range of financial products and a high standard of service to 24 million customers. We are part of one of the world's largest banks - Grupo Santander, which means we're stronger than ever and looking to the future with confidence.

We are currently looking to expand the Portfolio Management team within the Wholesale Risk Department, which is a part of the Global Wholesale Risk Function. This position will play a pivotal role in communicating and implementing the Group's best practices, credit policies, procedures and risk appetite in line with the Global Wholesale policies and Santander UK strategy.

As an Analyst, Wholesale Credit Risk - Portfolio Management your skills and qualifications will ideally include:

Previous experience as a credit analyst mainly covering (Banks, Insurance companies and Corporates).
Full understanding of financial statements and accounting terminology and legal documentation.
Understanding of regulatory trends, including economic and regulatory capital frameworks.
Advanced knowledge of database management.
PowerPoint, Excel and presentation skills.
Confidence to make recommendations, or as appropriate exercise personal judgement effectively, whilst being willing to refer matters where appropriate.

Santander UK

At Santander our goal is to become the best Retail Bank in the UK. Since 2004 we have acquired the Abbey National plc, Alliance Leicester and the Bradford Bingley to become part of the Santander Group's operations in the UK.
We now operate under the brand name of Santander and our customers can use any of Santander's 1,300 branches throughout the UK.

Santander in the UK is in a very strong position and continues to gain momentum. We are committed to offering a better service for all our customers as well as innovative, great value products - after all we know that the happier our customers are, the more likely they are to continue to bank with us.

As an Analyst, Wholesale Credit Risk - Portfolio Management your main responsibilities will involve:

Primary responsibility in the annual review and approval of Wholesale Risk Policies and Manuals.
Local owner of global models participating in the annual review and use test of advanced rating models for Banks, Insurers and Corporates.
Working closely with Credit Risk Control, Solvency Risk, Finance and Group Risk, primarily responsible for the management information that relates to WCR.
Reviewing all MI and commentary for internal reporting (Board, Executive Risk Committee) and external information (rating agencies, FSA, annual report).
Improving the databases and information capability of WCR with recommendation of reports and analysis.
Other responsibilities will cover SOX Controls, coordination of intragroup exposures and stress testing scenarios.

What we will be looking for in you:

You will need to demonstrate excellent communication, influencing and relationship building skills as this role would involve liaising with senior stakeholders across the business on a daily basis. You will also need to demonstrate strong presentation skills as well as working on your own initiative to be successful in this role.

Santander welcomes applications from all sections of the community.