Applications for this job are now closed
What you will be doing
Credit Scoring is an essential tool in risk management and is used extensively across Santander to manage the risk of decisions made by the business. You’ll join our Decision Science team, developing and managing risk models and scorecards.
As a Quantitative Analyst you’ll work as part of a team supporting the development and management of risk models. You’ll utilise mathematical and technical methodologies to provide quantitative analytics - supporting management, other risk departments and business portfolio teams. Your fantastic communication skills will provide stakeholders with the required understanding of the models to allow key decisions to be made.
The difference you'll make
- Applying coding skills and modelling techniques assisting the development of new risk models – to support the business in managing customer lending
- Producing and reviewing model monitoring reports for existing risk models, explaining the impact of any changes in model performance to key stakeholders
- Communicating with the local business units to understand requirements and ensure that models and model management deliver on these
- Contributing to the documentation of model developments to support model approval and implementation
- Responding to governance queries, such as from audit or the regulator
What you’ll bring
- High degree of mathematical literacy, with a 2:1 degree or equivalent in a numerate discipline (e.g. for example Maths, Statistics, Sciences, Engineering or Operational Research)
- An aptitude for working with data, generating insights and formulating recommendations
It would also be nice for you to have
- Strong attention to detail with an excellent work ethic
- The ability to think logically and apply programming skills
What else you need to know
This role will be based in Milton Keynes with flexibility work from home
How we’ll reward you
As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs.
- Eligible for a discretionary performance-related annual bonus
- Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us
- 27 days’ holiday plus bank holidays, which increases to 28 days after 5yrs service, with the option to purchase up to 5 contractual days per year
- Voluntary healthcare benefits at discounted rates. Including: Bupa medical insurance, dental insurance, healthcare cash plan and health assessments
- Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover
- 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more
- Share in Santander’s success by investing in our share plans
- Support your favourite causes through charitable giving and our community partnerships
Learn more about our benefits and family friendly policies
#ThePlaceToBeYourself – Everyday Inclusion at Santander
We are committed to making sure all our colleagues feel they belong and are supported to succeed. Our customers come from a wide range of backgrounds, and so do our people, so we welcome applications from across society.
You can find out more about how we’re embedding an inclusive culture that encourages our people to bring their full and authentic selves to work on our Inclusion and Belonging page.
A bit more about Santander
At Santander we’re driven by our purpose - to help people and businesses prosper. This means we help customers to create change for themselves and those around them, and we champion businesses to grow sustainably. We do this by always living our values of Simple, Personal and Fair.
At Santander, we each take personal responsibility for managing risk by embracing the I AM Risk framework - to Identify, Assess, Manage and Report risks, and to continuously build a deeper understanding of the risks we face. It is an important part of our culture at Santander and we will provide you with knowledge to help you manage risks in your role.
What to do next:
If this sounds like a role you’re interested in, then please apply.
If there’s anything we can do in the recruitment process to help you achieve your best, get in touch. Whether it’s a copy of our application form in another format or additional assistance, we’re available through telephone, email, or face to face. You can contact us at resourcing@santander.co.uk or call 0870 414 9080.
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