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Santander - Operational Risk Policy Business Analyst |S2| Recovery & Collections | Milton Keynes
Santander βœ“ Verified Employer

Operational Risk Policy Business Analyst |S2| Recovery & Collections | Milton Keynes

Verified Base Compensation
Salary Disclosed on Application / year
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Role Overview & Mandate

Executive Summary

Operational Risk Policy Business Analyst |S2| Recovery & Collections | Milton Keynes Country: United Kingdom WHAT YOU...

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Operational Risk Policy Business Analyst |S2| Recovery & Collections | Milton Keynes

Country: United Kingdom

WHAT YOU WILL BE DOING

Join our community.

As the Operational Risk Policy Business Analyst you’ll support the Operational Risk Policy manage in a number to deliver key activities to support the FsCoE. You’ll be involved in critical FSCoE projects, such as Consumer Duty. The successful candidate will work closely with the Reg Policy Manager to develop their PMO skills.

The difference you’ll make.

  • Supporting the Reg Policy manager with ongoing regulatory projects using Bank’s standard governance approach e.g. RAID

  • Supporting the manager with stakeholder meetings e.g. preparing packs, taking minutes, arranging meetings, tracking actions

  • Analysing current processes to streamline the process and ensuring supporting communications and training material all align, whilst maximising customer outcomes.

  • Working with stakeholders and SMEs across Financial Support and the Wider Bank

What you’ll bring.

  • PMO/Project management

  • Policy/process writing experience

  • You will require the right to work in the UK (please see details below)

It would also be nice for you to have.

  • Understanding of FSCoE systems

  • Understanding of FSCoE processes

  • Understanding of bank policies

  • Previous experience in working in an operational risk area

What else you need to know.

This is a full-time permeant position based at the Santander Milton Keynes head office.

This role is offered on a hybrid basis, which can be discussed with the recruitment team during the hiring process.

Everyday Inclusion

At Santander we’re creating a thriving workplace where all colleagues feel they belong and are supported to succeed. We all help to make Santander a workplace that celebrates diversity and attracts, retains and develops the most talented and committed people through living our values of Simple, Personal, and Fair.

How we’ll reward you.

As well as a salary, we offer a wide range of benefits that you can choose from and tailor to your needs.

  • 500 annual cash allowance to spend on our great range of benefits.

  • Pension with generous contributions of up to 12.5% from Santander, depending on your own contribution and length of employment with us

  • 27 days’ holiday plus bank holidays, which increases to 28 days after 5yrs service, with the option to purchase up to 5 contractual days per year

  • Voluntary healthcare benefits at discounted rates. Including : Bupa medical insurance, dental insurance, healthcare cash plan and health assessments

  • Benefits supporting you and your family, such as death-in-service benefit, income protection, and voluntary life assurance and critical illness cover

  • 24/7 access to an online employee discount platform including retailers, entertainment, eating out, travel and more

  • Share in Santander’s success by investing in our share plans

  • Support your favourite causes through charitable giving and our community partnerships

Right to work in the UK.

Every individual must have the right to work in the UK to commence employment with Santander either by way of nationality, visa or work permit. If you do require a working visa / permit this will not influence our decision on whether to progress your application. However, if you do not have a right to work, or an application for a working visa / permit is unsuccessful, Santander will not proceed with your application and will withdraw any conditional offer previously made.

What to do next.

If this sounds like a role you’re 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 telephone, email, or face to face. You can contact us at resourcing@santander.co.uk or call 0870 414 9080.

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Compensation Analytics

Estimated Take-Home Pay

Calculator β†’

Projected statutory deductions based on standard single-filer baseline tax regulations in the United Kingdom corridor.

Gross Annual Package Salary Disclosed on Application
Est. Income Tax Band 20% - 40% Progressive Bracket
Statutory Insurance / FICA 8% Class 1 National Insurance (NI)
Estimated Monthly Net Β£3,900 - Β£4,401 / mo
Regional Economics

Cost of Living (Milton Keynes, England)

Bureau Data
Est. Rent (1-Bed)
Β£1,100 - Β£1,750
Monthly Utilities
Β£140 - Β£210
Cost Index
112.5
Disposable Tier
Top 15% Rank
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Compliance Standards

Work Authorization Framework

βœ“ Verified Status: UK Work Eligibility
β„Ή Corridor: UK Employment Corridor
πŸ›‘οΈ Zero Fee: Direct corporate recruitment with zero placement charges.

Candidate Selection Pipeline

Direct Corridor Track
01
Direct Apply

Submit verified credentials & CV.

02
HR Screening

2-4 day credential verification.

03
Technical Panel

In-depth domain & team interview.

04
Official Offer

Corridor contract & relocation.

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