What You’ll Bring

Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.

Requirements

Professional Experience:

• Extensive experience in corporate or wholesale credit risk model development, validation or model risk management, including IRB rating systems, IFRS9 provisioning, stress testing, climate risk and capital models (Required)
• Excellent quantitative and analytical skills, with experience applying statistical, econometric and machine learning techniques to solve complex modelling, data and business challenges (Required)
• Advanced programming skills in SAS, Python, SQL or similar analytical tools (Required)
• Demonstrated ability to identify, analyse and resolve complex modelling and data quality issues, applying sound judgement and innovative problem-solving approaches (Required)
• Great understanding of Basel, CRR, PRA, ECB and IFRS9 regulatory requirements and their application within model development and governance frameworks (Required)
• Experience interpreting technical documentation and communicating complex quantitative concepts clearly through high quality reports, presentations and stakeholder engagement (Required)
• Proven experience leading and developing high performing technical teams, including coaching, mentoring and delivery of complex model development programmes (Required)
• Great interpersonal and influencing skills, with the ability to build trusted relationships with senior stakeholders across the Bank and external parties including regulators and auditors (Required)
• Experience using AI enabled tools and large language models, such as ChatGPT, Microsoft Copilot or GitHub Copilot, to enhance analytical productivity, coding, testing and documentation would be advantageous (Preferred)

Education:

• Degree level qualification in a quantitative discipline such as Mathematics, Statistics, Economics, Econometrics, Operational Research, Physics, Engineering, Data Science or a related field. A postgraduate qualification or PhD would be advantageous (Preferred)

We Value Your Impact

At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return.

Here, recognition goes beyond pay. It’s about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive — personally and professionally.

Salary Range

£99,004.00 - £148,506.00 per annum (depending on experience)

This salary range represents the expected remuneration for the role. Annual salary is based on a standard 35-hour working week. Actual salary offered will depend on skills, experience, qualifications and location.

Benefits

• 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
• 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.
• Competitive rewards that reflect the real impact you make and the value you bring.
• Wellbeing that goes beyond work — we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support.
• Support for every life stage — from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support.
• Time to give back through volunteering opportunities that let you make a difference in the communities we serve.
• Global growth opportunities to shape your career, learn new skills and explore what’s possible across our international network.

Local Compliance

At Santander, we’re proud to be an inclusive organisation that provides equal opportunities for everyone — regardless of age, gender, disability, civil status, race, religion or sexual orientation.

We’re committed to creating a recruitment experience that’s accessible, fair and welcoming for all candidates. We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow.

To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles). When applying, please consider the travel distance, time and cost to your chosen office location(s).

Right to work in the UK

All candidates must have the right to work in the UK to commence employment with Santander.

What To Do Next

If this sounds like a role you are 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 email. You can contact us at resourcing@santander.co.uk.

#LI-DNI