SCUK Risk Analyst

Santander Group; Redhill; Hybrid; GBP 45,000 - 65,000; Full time

Benefits offered by this job

Competitive salary

30 days holiday

Annual bonus

Generous pension

Employee assistance programme

Sharesave scheme

Gym passes

Job summary

Santander Consumer Finance UK (SCUK) in Redhill is seeking a Risk Analyst to support independent monitoring, analysis, and reporting across Risk Control disciplines including Market, Credit and Model Risk.

The role focuses on monitoring risk appetite, producing MI, and assisting with stress testing and scenario analyses. Strong analytical skills, Excel, and Power BI experience are essential.

Qualifications

• Degree in a numerate or analytical discipline or equivalent experience.
• Strong numerical and analytical skills with the ability to investigate issues, analyse data, identify trends and develop practical solutions.
• Experience with risk, finance, data/MI or similar analytical function is desirable.

Responsibilities

• Monitor and analyse Market Risk, supporting oversight of interest rate, balance sheet and liquidity risk.
• Produce and maintain Market Risk reporting and MI and monitor against Risk Appetite limits.
• Assist with stress testing, scenario and sensitivity analyses.
• Support Risk Control functions with independent monitoring, analysis and reporting.
• Develop dashboards and analytical reports using Excel, Power BI and related tools.
• Communicate technical findings clearly to diverse audiences.

Skills

Analytical thinking

Excel

Power BI

Data analysis

Communication skills

Education

Numerate/analytical degree

Tools

SQL

SAS

Job description

Reporting into the Risk Stress Testing Manager, you will be will supporting the independent monitoring, analysis, oversight, and reporting carried out within areas managed by Risk Control (including Market Risk, Credit Risk, Model Risk, and Enterprise-Wide Risk Management [EWRM]), helping to ensure risks are identified, measured, and managed within approved Risk Appetite limits., Market Risk:

Market Risk

• Undertaking regular Market Risk monitoring and analysis.
• Supporting the oversight of interest rate risk, structural balance sheet risk, and liquidity risk.
• Analysing movements in Market Risk exposures and investigate key drivers.
• Producing and maintaining Market Risk reporting and management information.
• Supporting monitoring against Market Risk Appetite limits.
• Assisting with stress testing, scenario and sensitivity analysis.
• Developing knowledge of Asset and Liability Management (ALM), IRRBB, and liquidity risk.

Risk Control

• Supporting the independent second-line monitoring, analysis, and reporting of risk across Risk Control functions.
• Monitoring Risk Appetite metrics, limits, and key risk indicators, tracking portfolio performance.
• Identifying and investigating material movements, emerging risks, and potential breaches.
• Escalating issues appropriately and support follow-up management actions.
• Producing clear, accurate, and timely risk reporting and management information.
• Supporting independent challenge of risk information, assumptions, and business activities.
• Contributing to the maintenance of risk frameworks, policies, procedures, and controls.
• Assisting with Model Risk activities including model performance monitoring (Market Risk and stress testing models), periodic reviews, model maintenance, providing support to second-line Model Risk.
• Supporting EWRM activities, including stress testing and BAU forecasting, through data preparation, analysis, scenario assessment, reporting, and investigation of results.
• Undertaking regular and ad-hoc analysis to investigate risk issues, identify trends, and support decision-making across the Risk Control function.
• Developing and enhancing analytical reports, dashboards and monitoring tools using Excel, Power BI, and other appropriate analytical tools with the view of improving automation and accuracy.
• Analytical Thinking & Problem Solving - Strong numerical and analytical skills with the ability to investigate issues, analyse data, identify trends, and develop practical solutions and recommendations.
• Communication - Ability to communicate technical findings clearly to different audiences through written and verbal communication, including the production of accurate and insightful management information.
• Continuous Improvement & Learning - Proactive approach to improving reporting, analytical processes, and ways of working, with a strong desire to learn and develop knowledge across Risk disciplines.
• Planning & Delivery - Ability to manage multiple priorities and deliver accurate work within deadlines.
• Collaboration - Ability to build effective working relationships across Risk and the wider business.
• Strong attention to detail with a focus on accuracy, data quality, and high standards.
• Good understanding of risk management principles, with the ability to apply established methodologies, models, and monitoring processes, and develop knowledge across Risk Control functions.
• Knowledge or practical exposure to Market Risk within financial services.
• Understanding of interest rate, liquidity, or structural balance sheet risk.
• Strong Excel skills and experience working with large or complex datasets.
• Ability working independently, using initiative while recognising when guidance or escalation is appropriate.
• Flexible and adaptable to changing priorities and workloads.
• Degree (or equivalent experience) in a numerate or analytical discipline, or relevant experience within Risk, Finance, Data/MI, or a similar analytical function. (Essential)
• Previous experience within Risk, Finance, Collections, Treasury, Data/MI or another analytical business function. (Desirable)
• Experience with analytical and reporting tools such as Power BI, SAS, SQL or similar. (Desirable)

Santander Consumer Finance UK (SCUK) is based in Redhill, Surrey and provides motor finance to a network of dealerships throughout the United Kingdom.

Benefits

• Competitive salary (dependent on skills & experience)
• 27 days holiday per annum, plus bank holidays
• Annual bonus based on personal and company performance
• Generous pension contributions
• Employee assistance programme
• Sharesave scheme
• Gym passes at a reduced rate for 3,000 gyms, leisure centres etc

Other things you need to know

The hours for this role are 09:00-17:00 across Monday - Friday, this is a hybrid role working at least 3 days a week in the Redhill, Surrey office

Inclusion At Santander we're creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair. At Santander Consumer Finance we have a zero-tolerance approach to discrimination, bullying, harassment (including sexual) or victimisation of any kind. Should you want to be considered for part time hours, please let us know and we can assess your requirements.