Senior Manager – Provisions & Forecasting | S4 | Risk

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Senior Manager - Provisions & Forecasting | S4 | Risk

Country: United Kingdom

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This is a great opportunity for an experienced Senior Manager to join strategic role within Credit Risk reporting to the Head of Credit Risk Provisions and Forecasting. You are responsible for end-to-end impairment calculation and forecasting across given portfolio(s), along with impairment and RWA projections in a regulatory stress exercise (like PRA - Prudential Regulation Authority, EBA - European Banking Authority, ICAAP - Internal Capital Adequacy Assessment Process).

In addition, you will also be responsible to continually develop the Impairment and forecasting infrastructure to ensure it is culturally aligned to business needs and regulatory requirements. This role also involves leading medium-large technical teams, therefore you must be a confident leader and able to inspire, lead technical teams.

The difference you'll make:

• Operating the monthly credit provision processes including post model adjustments, supporting external audit processes and external reporting
• Leading technical teams and being able to develop technical teams
• Implementing and optimising control framework over all models and processes to ensure reliability of results for financial reporting, and management projections
• Providing credit loss and risk weighted asset projections in stress test exercises both internal and regulatory (EBA and PRA) and contributes to budget forecast
• Supporting line manager in Model Ownership responsibilities, working with methodology and internal validation to develop the models and put them through the appropriate governance
• Maintaining an effective risk management framework in which credit risks are effectively identified, quantified monitored and communicated
  

What you'll bring:

These are the essential requirements you need to be successful in this role:

• Experience leading technical teams, capable of setting and delivering strategy, building and managing high performing teams including coaching and mentoring
• An expert understanding of the financial services industry and IFRS9 standards, with experience of working in a Credit Risk function or Impairment and forecasting
• Experience executing complex models and reporting key messages to senior audiences

It would also be nice for you to have:

• In depth understanding of the tools and techniques used for impairment and forecasting assessment, and their limitations such as, regression analysis, Markov processes, z-shift approaches
• Excellent communication and stakeholder management skills

What else you need to know:

This permanent role is based in Milton Keynes.

We want our people to thrive at work and home, and also be able to deliver the best outcomes for our customers and to help each other develop. To support this, we offer site-based contracts with a hybrid working pattern and our expected level of attendance in an office is at least 12 days per month (pro-rata for part-time roles).

If you apply for this role in this location, it's important you consider your travelling distance, time and cost from your home to the office location.

We're happy to discuss specific working patterns and arrangement within this hybrid approach during the recruitment process.

If you're interested in this role but with part time hours or a job-share we would still love to hear from you and discuss these.

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.

How we'll reward you:

As well as a competitive salary, you'll enjoy a benefits package that you can tailor to your needs.

• Eligible for a discretionary performance-related annual bonus.
• We put 8% of salary into your pension, even if you don't contribute yourself. We'll pay in up to 12.5% of salary, if you contribute as well, and you can take some of our contribution in cash if you prefer.
• 30 days' holiday plus bank holidays, which increases to 31 days after 5yrs service, with the option to purchase up to 5 contractual days per year.
• £6,000 car allowance per year.
• Company funded individual private medical insurance.
• Voluntary healthcare benefits at discounted rates such as private medical insurance for your family, dental insurance, and health assessments.
• Protection for you and your family, with company-funded death-in-service benefit and income protection insurance, and the option to take advantage of discounted rates for additional life assurance and critical illness cover.
• Share in Santander's success by saving or investing in our share plans.
• As a Santander UK employee, you are able to request staff versions of our products like our Edge Current Accounts and Credit Cards with no fees, as well as apply to many other deals and discounts in Santander products and services.
  

Learn more about our benefits and family friendly policies

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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Location: Milton Keynes, GB

Posted Date: 11/5/2024