Oh oh! Awesome! {$ msg.text $} ({$ msg.count $})

Retail Risk Analyst - Auto SME

  • Application Deadline: June 16, 2024
  • Oslo
  • Hybrid
  • Application Deadline: June 16, 2024
  • Oslo
  • Hybrid

With thousands of companies applying for auto financing a year, we need a lot of insight into the underlying credit risk – will you help us with that?

The job

We are looking for a Retail Risk Analyst to develop and maintain the credit risk management of our financial auto products for small and medium-sized enterprise clients (SMEs). Your main responsibility is on all credit risk related activities of Norwegian SME portfolio. Your work will take place in a Nordic environment, and you’ll work closely with colleagues in Norway, Denmark, Finland, and Sweden. The location of the position is in Lysaker (Oslo) and work permit is mandatory.

Your typical day might start by making recommendations related to risk, after which you could monitor market trends before lunch and participate in a virtual meeting with your Nordic colleagues in the afternoon. In other words, it is a role where you get a lot of different tasks.

As a Retail Risk Analyst, you will be responsible for developing and fine-tuning the credit risk strategy to ensure sound credit processes within our risk appetite. This includes continuous optimization of the credit decision-making process through data analysis and mining. You will evaluate new credit products including assessment of the profitability and risk of the products as well as the ongoing costs of servicing the products.

You will also prepare and disseminate portfolio performance, including forecasts of future trends. This is done through proactive monitoring, and it is expected that you can identify, address, and explain the reasons behind the credit risk and relation to the regulatory parameters (EAD, PD, LGD), capital impact (risk-weighted assets) and profitability (RORWA).

The ideal candidate has an eye for commercial opportunities real risk management provides. You should be able to keep track of your priorities and understand which task to take first. You should also be able to communicate equally with your colleagues across the Nordic region.

The team

Several of your colleagues are in other countries, and the team has a good spirit with great understanding of our differences and the mistakes we of course all make. When something burns, we're happy to override what we may have planned to help. In general, you need to be ready to roll up your sleeves, put the magnifying glass to your eye and find a solution. Don't sit with your hands folded and wait for the manager to tell you what to throw yourself at. And don't worry – we will ensure the necessary training.

Skills & Requirements

Special professional qualifications

  • You have a long-term economic university education
  • At least 2 years of experience as a credit risk analyst or similar role
  • High level and proven skill in at least one of SQL/SAS/R/Python
  • Excellent communication skills in English, both written and verbal
  • Outstanding organisational, analytical, and time-management skills
  • Knowledge of data warehouse/integration/model construction is an advantage

We offer

  • Working in an international company that delivers great results, has high ambitions and is developing into the future
  • A working culture that is informal, but at the same time professional and dynamic, with the opportunity to make an impact
  • Highly competent, dedicated, and friendly co-workers with strong collaboration across the Nordics

Are you interested?

If you have the right profile, will and enthusiasm, please send your application and CV via the link. The job is to be filled as soon as possible, so we encourage you to submit your application as soon as possible. Interviews are held continuously. All applications shall be treated as confidential.

You will report to Ilona Kajamaa, Auto SME Portfolio Leader, in SCF Finland. If you have any questions about the position, you are welcome to contact Ilona at tel. +358 40 7319 114.

Great Place to Work

  • We invest in you

  • Innovative and looking to the future

  • BeHealthy | Your health is important to us

  • Social events for all employees

  • Engaged colleagues

  • Dynamic work environment

  • Employee benefits and discounts

  • Competitive insurance and pension plans

  • We give back to society

  • Gode pensions- og forsikringsforhold

  • Vi investerer i din udvikling

  • Vi giver tilbage til samfundet

  • Medarbejderfordele og rabatter

  • Dedikeret kollegaer

  • Globale muligheder

  • Sociale arrangementer for alle medarbejdere

  • Innovativ og fremadtænkende virksomhed

  • Gode forsikrings- og pensjonsordninger

  • Engasjerte kolleger

  • Sosiale arrangement for alle ansatte

  • BeHealthy | Din helse er viktig for oss

  • Innovativt og fremtidsrettet selskap

  • Vi investerer i deg

  • Vi gir tilbake til samfunnet

  • Personalgoder og rabatter

  • Dynamisk arbeidsmiljø

  • Sociala evenemang för alla anställda

  • Dynamisk arbetsmiljö

  • Vi ger tillbaka till samhället

  • Konkurrenskraftiga pensioner & försäkringar

  • Innovation, förbättring och utveckling

  • Globala möjligheter

  • Friskvård - din hälsa är viktig för oss

  • Engagerade kollegor

  • Personalförmåner via Benify

About the company

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


TWorld’s Most Sustainable Bank 2019 (Dow Jones Sustainability Index 2019)

TA Nordic Bank with global strength

TPart of Banco Santander – one of the world’s largest financial institutions

TBanco Santander’s history goes back more than 160 years

TOver 1200 employees across the Nordics

TWe serve over 1.6 million customers

TStrategic partnerships with over 10 000 car dealers, merchants and brokers

TInnovation is key to our future success

TEn Nordisk bank med global styrke

TEn del af Banco Santander – en af verdens største finansielle institutioner

TBanco Santanders historie går mere end 160 år tilbage

TVerdens mest bæredygtige bank 2019 (Dow Jones Sustainability Index 2019)

T1.200 ansatte på tværs af Norden

TOver 1.6 mio kunder

TStrategiske partnerskaber med mere end 10.000 bilforhandlere, indkøbere og brokere

TInnovation er nøglen til vores fremtidige succes

TVi leverer digitale kundeoplevelser

THistorien vår går tilbake til 1963 i Norge

TOver 600 000 kunder og 3500 partnere i Norge

T50/50 fordeling menn og kvinner

TOver 600 000 kunder og 3500 partnere i Norge

TStørst på billån i Norge

TFremtidsrettede | Først ute i Norge med ApplePay

TVi er dedikert til å være en ansvarlig långiver!

TInnovative | Vår siste nyvinning SHFT – en abonnementsløsning for bil

TEn nordisk bank med global styrka

TDel av Banco Santander - en av världens största finansiella institutioner

TBanco Santanders historia går tillbaka mer än 160 år

TVärldens mest hållbara bank 2019 (Dow Jones Sustainability Index 2019)

T1200 anställda i Norden

TVi servar över 1,6 miljoner kunder

TInnovation är nyckeln till vår framgång

TVi levererar digitala kundupplevelser i framkant

Santander Consumer Bank Nordics

Oslo | Hybrid
Visit website