Cards & Payments Risk Analyst/Senior Analyst

Do you have experience from credit risk within the field of analytics, underwriting and/or portfolio management?Do you consider yourself to have great numerical and analytical skills?Do you have proven proficiency in Excel/VBA, SQL/SAS/R/Python?

Then we have a great opportunity for you to utilize those skills alongside great colleagues, in a team where we seek to drive impact with the use of data each day.

As Cards & Payments Risk Analyst/Senior Analyst you have the responsibility of Credit Risk for all activities relating to the Cards & Payment Portfolio/Portfolios under their management.

You are responsible for the development and fine-tuning of credit risk strategy, framework, and risk appetite, securing sound credit processes. The duties include continuous optimization of the credit decision process through data analysis and mining. You are also responsible for drafting, evaluating, and assessing change requests and new product introductions influencing credit risk including profitability and the risk/cost of servicing the product.

As Cards & Payments Risk Analyst/Senior Analyst you are also responsible for summarizing and communicating the performance of the relevant portfolios and segments, including forecasting of future trends. In addition, you proactively monitor and reports portfolio performance and new business profitability by segment with the skill to identify, address and explain credit risk drivers as part of credit cycle and its relationship with regulatory parameters (EAD, PD, LGD), capital impact (RWAs), and profitability (RoRWA).

Main Tasks and Responsibilities

You can expect to be involved in a broad range of tasks, such as:

• Plan, develop & implement portfolio management strategies in all portfolios to maximize profitability
• KPI responsibility for portfolios, ensuring that performance is monitored, and issues addressed
• Drive profitability analysis at portfolio level and lead loss forecasting planning sessions
• Implement and optimize scorecard strategies together with internal modelling team
• Proactively drive analysis, assess impact of both internal and external environments upon portfolio and existing strategies
• Budget and measure performance against budget
• Close cooperation with Commercial counterparts and taking part in X-functional initiatives and projects
• Summarize and communicate underwriting trends, portfolio performance and changes on credit policy to management raising concerns and recommendations to the appropriate level of management
• Model Ownership (depending on seniority)

Personal Characteristics

• Trustworthy, self-confident, committed and proactive attitude
• Highly motivated, assertive and strong driver
• Strong analytical mindset
• Highly structured, efficient and process oriented
• Strong interpersonal and communication skills
• Team player with the ability to also work independently
• Willing to go the extra mile and make a difference

Competencies and Skills

• Excellent analytical/numerical skills
• Sound understanding of Retail Credit Risk
• Experience/knowledge from design, development, implementation and materialization of financial/data driven models
• High level and proven proficiency in Excel/VBA, SQL/SAS/R//Python
• Strong problem-solving competence
• Data warehouse/integration/data mining /model building
• Fluent in written and spoken English

Preferred experience and education

• 3+ years of relevant experience from credit risk within fields of analytics, underwriting and/or portfolio management
• Background and knowledge from Risk, Analytics or Finance is desired and it will be highly valued
• Master’s degree in Finance, Economics, Engineering or similar

We offer

• An opportunity to work in a large, high-performing international company, in a dynamic environment that is constantly changing
• A corporate culture that is professional and dynamic, yet informal. Bureaucracy is kept to a minimum, as we expect our skilled employees to make long lasting and impactful decisions to shape our future
• Highly competent, dedicated, and friendly co-workers with strong collaboration across the Nordics

We have two openings and preferred locations are Oslo and Stockholm, however, for the right candidate we are also open for any of our other Nordic locations in Helsinki and Copenhagen.

Interested?

If you have the right profile and enthusiasm, please submit your application and CV as soon as possible. Applications are considered on an ongoing basis.

If you have any questions feel free to contact Frida Agge, Cards & Payments Retail Credit Risk Leader.

We are a Nordic bank with more than 1,200 colleagues in Sweden, Norway, Denmark and Finland, and proud to be part of Banco Santander, one of the largest banks in the world with a solid history going back more than 160 years.
Our purpose is to help people and businesses prosper and we aim to be the best retail and commercial bank, earning the lasting loyalty of our people, customers, shareholders and communities - through simple, personal and fair banking.
In our organization we foster and value an engaged, challenging and passionate environment that provides opportunities for personal and professional growth. We operate in an ever changing environment, and believe the key to success is innovative involvement, a playful approach to active learning and continuous improvement in our daily work.
We are firmly committed to being a responsible bank in the way we operate, our culture, caring for our environment and giving back to society. Banco Santander is recognized as the most sustainable bank in the world following the publication of the Dow Jones Sustainability Index (DJSI) for 2019.
Read more about responsible banking on our global webpages.
Santander Consumer Bank is one of the largest Nordic banks providing loans and credits, credit cards, deposits and insurance to private customers.
To learn more about Santander in the Nordics, please visit our local webpages
https://www.santanderconsumer.no/
https://www.santanderconsumer.se/om-oss/
https://santanderconsumer.dk/om-os/
https://www.santanderconsumer.fi/