Senior Credit Risk Analyst - Wholesale Finance (Hybrid)

Santander Consumer (UK) plc; Redhill; Hybrid; GBP 55,000 - 85,000; Full time

Benefits offered by this job

Holiday allowance 27 days

Annual bonus

Private medical cover

Flexible benefit allowance

Pension contributions

Employee assistance programme

Sharesave

Gym access

Job summary

Santander Consumer Finance Risk Department is offering a hybrid role in Redhill to manage a portfolio of motor dealers and related products. You will conduct complex credit reviews, monitor risk, and prepare detailed recommendations while engaging with stakeholders across Commercial, Finance, Legal & Compliance.

The role emphasizes strong analytical skills, client-facing responsibilities, and ensuring Consumer Duty standards are met.

Qualifications

• Strong experience in credit underwriting, deal structuring and client-facing situations.
• Excellent numerical and analytical capability, with an in-depth understanding of key financial ratios and the ability to interpret economic and financial data.
• The ability to turn complex financial information into clear insight and robust recommendations that support effective credit decisions.
• Familiarity with credit bureau information and external data sources used to support credit underwriting.
• Strong judgement, attention to detail and an inquisitive approach, with the confidence to identify and elevate changes in risk.
• Excellent written, verbal, presentation and interpersonal skills, including the ability to communicate effectively at senior levels.

Responsibilities

• Preparing and completing complex and aggregated credit reviews for new and existing funded motor dealers, ensuring submissions meet UK Loan Committee and Madrid standards and comply with Credit Risk Policy and the Risk Appetite Framework.
• Managing an allocated portfolio of Wholesale and Credit Concern dealers, including ongoing monitoring, annual reviews, covenant tracking, financial assessment and early-warning identification.
• Producing comprehensive financial analysis and clearly evidenced recommendations or decisions, supported by robust rationale and appropriate KPIs.
• Supporting the assessment of higher-risk proposals, restructuring requests and vulnerable dealer exposures through detailed risk analysis and recommendation papers.
• Completing dealer risk-rating assessments using internal Santander models and tools.
• Proactively monitoring high-risk Wholesale accounts and wider portfolio risk trends, escalating material changes, vulnerable dealer concerns and potential issues.
• Supporting month-end risk reporting, including provisions, Dun & Bradstreet information, Wholesale SAS data and Risk Control reports.
• Reviewing stock audit reports and taking appropriate action to mitigate potential losses, engaging with Commercial teams, dealers and third parties where necessary.
• Supporting legal documentation, securities and the conditions associated with credit sanctions and the release of funds.
• Undertaking dealer visits when required, engaging directly with business owners and directors to gather financial and non-financial information.
• Exercising authority to approve credit limits within assigned mandates.
• Mentoring new analysts and new joiners within the Wholesale team, supporting the delivery of clear training plans.
• Adhering to our commitment to Consumer Duty ensuring we put our customers’ needs first and set higher and clearer standards of consumer protection

Skills

Credit underwriting

Deal structuring

Client-facing

Financial analysis

Interpreting data

Excel

Presentation skills

Team collaboration

Tools

SAS

Power BI

Excel

Job description

Santander Consumer Finance Risk Department is offering a hybrid role in Redhill to manage a portfolio of motor dealers and related products. You will conduct complex credit reviews, monitor risk, and prepare detailed recommendations while engaging with stakeholders across Commercial, Finance, Legal & Compliance.

The role emphasizes strong analytical skills, client-facing responsibilities, and ensuring Consumer Duty standards are met.