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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 working from home.
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.
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
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.
