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Consumer Cards & Payments Risk Analyst

  • Application Deadline: Sept. 30, 2021
  • Oslo, Norway
  • Application Deadline: Sept. 30, 2021
  • Oslo, Norway

Do you have experience from credit risk within the field of analytics, underwriting and/or portfolio management? Do you have proven proficiency in Excel/VBA, SQL/SAS/R/Python? As Cards & Payments Risk Analyst you have the responsibility of Credit Risk for all activities relating to the Cards & Payment Portfolio/Portfolios under your 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 you are 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)


  • Plan, develop & implement portfolio management strategies in all portfolios to maximise 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 & IRB Parameter models 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 (Delegated from Payments Portfolia leader depending on seniority)

Skills & Requirements

Competencies and 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
  • Proven analytical expertise
  • Data warehouse/integration/data mining /model building
  • Fluent in written and spoken English


  • 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

Personal Characteristics

    • Highly motivated, assertive and strong driver
    • Trustworthy, self-confident, committed and reliable

    • Willing to go the extra mile and make a difference

    • Strong analytical mindset

    • Strong interpersonal and communication skills
    • Highly structured and process oriented
    • Team player with the ability to also work independently
    • Strong problem-solving competence
    • Highly organized, efficient and proactive attitude


  • Master’s degree in Finance, Economics, Engineering or similar

What 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

Location: Norway

If you have the right profile and enthusiasm and a residence permit in Norway please submit your application and CV as soon as possible. Applications are considered on an ongoing basis. Any questions, please contact Maria Martinsson Payments Portfolio Leader, unsecured retail credit risk, [email protected]

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

  • We give back to society

  • Competitive insurance and pension plans

  • 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 1,400 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


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

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

TOver 1400 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

TBanco Santanders historie går mere end 160 år tilbage

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

T1.400 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

TEn Nordisk bank med global styrke

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

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)

T1400 anställda i Norden

TVi servar över 1,6 miljoner kunder

TInnovation är nyckeln till vår framgång

TVi levererar digitala kundupplevelser i framkant

Josephine Ivstam | Contact Person

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Santander Consumer Bank Nordics

Oslo, Norway
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