Description

A fantastic opportunity has become available as a Senior Risk Manager, responsible for managing Credit Risk on our Buy-to-Let mortgage portfolio.

Reporting to the Head of Secured Credit Risk, this is a key senior leadership role, playing a fundamental role in driving forward our ambitious BTL mortgage strategy with responsibility for the credit performance of BTL book.

You will be joining a highly successful team, with the Nationwide Group the largest provider of BTL mortgages in the UK and the TMW brand the largest gross lender in the UK. We are also multi-award winning, with 12 industry award in 2024 including Best Buy to Let Mortgage Lender and Best Professional Buy to Let Mortgage Lender at the Your Mortgage Awards 2024-25.

Day to day you will be responsible for managing the asset quality of the Society’s BTL mortgage portfolio, designing effective new lending strategies, managing the credit quality of the portfolio and providing specialist credit risk advice to the business. You will have the opportunity to take a leading role in the direction of BTL lending, leading a team who will use their analytical skills and experience to provide insight that helps inform our business directors of what decisions they need to make.

So, if you have a passion for doing the right thing in the right way for our members and want to lead the portfolio team of the country’s largest BTL lender then this may be the role for you.

At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.

For this job you'll spend at least two days per week, or if part time you'll spend 40% of your working time, based at either our Swindon or Bournemouth office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.

What you’ll be doing

As the Senior Risk Manager of the BTL Portfolio team your responsibilities will include:

Leading a team of credit specialists to develop our credit strategies for The Mortgage Works (TMW), Nationwide’s BTL lending arm. Owning and developing BTL mortgage credit policy, balancing our ambitious strategy with effective risk management. Ensuring that insightful and focussed management information and analysis is produced and emerging risks are identified. Representing Secured Credit Risk effectively at senior committees and being a leading voice in directing the BTL mortgage strategy. Working effectively with senior stakeholders across the Society to achieve shared business objectives, deliver new propositions and ensure continuous improvement activity is embedded. Delivering market insight and competitor benchmarking analysis to support strategy development. Focussing on innovation and exploiting new technologies and data sources to drive further automation of our mortgage application process. Monthly business as usual reporting and control activity. Coaching and developmental support to team members. Deputising for Head of Secured Credit Risk. About you

As a minimum requirement you’ll need to have or be:

A wealth of secured credit risk experience. Proven leadership skills and a willingness to take the initiative and deliver positive outcomes. Strong analytical skills with an ability to interrogate data and draw out insight. A track record of using new technology and data to drive change. Experience of planning, prioritising tasks and delivering at pace to tight deadlines. Strong problem-solving skills, capable of delivering innovative analytical solutions to address complex business solutions. Have effective communication and influencing skills, with an ability to explain complex technical topics to a range of audiences. Demonstrate an ability to build and maintain good working relationships with a range of diverse stakeholders, both internally and externally. Have experience of inspiring and coaching others in both technical skills and personal development.

Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.

Say it straight - This is about being honest and direct with good intent and saying what needs to be said in the room. It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand. Push for better - This is about aiming high and constantly looking for better in how we work together and serve our customers and members. Get it done - This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.

We know applying for jobs can sometimes feel like you’re sending an application into a black hole. We review each application individually. So, it’s a good idea to call out your most relevant experience on your application to give yourself the best chance.

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

A personal pension – if you put in 7% of your salary, we’ll top up by a further 16% Up to 2 days of paid volunteering a year Life assurance worth 8x your salary A great selection of additional benefits through our salary sacrifice scheme Wellhub – Access to a range of free and paid options for health and wellness Access to an annual performance related bonus Access to training to help you develop and progress your career 30 days holiday, pro rata Individual healthcare cover What makes us different

Nationwide is the world’s largest building society. With over 15 million customers, we have a relationship with almost a quarter of the UK’s population. We’ve got the scale to compete with the big banks, but we’re not a bank.

As a building society, we’re owned by our members – that’s our customers who have their current account, mortgage or savings with us. It means we can do things differently to deliver our Purpose – Banking – but fairer, more rewarding, and for the good of society.

When you work at Nationwide, you can experience that difference for yourself. You’ll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You’ll also be joining us at an important time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don’t have to bank with a bank. They can choose a modern mutual instead.

What to do next

If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.

We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.

Please contact Amy.Bright@nationwide.co.uk if you have any queries.

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