Derek Spence
About Derek Spence
Derek Spence serves as the Director of Modelling at Nationwide Building Society, a position he has held since 2018. He previously worked as Head of Group Modelling, Measurement & Methodology at the same organization and has extensive experience in risk management from his tenure at Alliance & Leicester.
Work at Nationwide Building Society
Derek Spence has been employed at Nationwide Building Society since 2013. He initially served as Head of Group Modelling, Measurement & Methodology from 2013 to 2018. In this role, he focused on developing and implementing modelling strategies to enhance the organization's measurement and methodology practices. Since 2018, he has held the position of Director of Modelling, where he continues to oversee and direct modelling initiatives within the company.
Previous Experience at Alliance & Leicester
Before joining Nationwide Building Society, Derek Spence worked at Alliance & Leicester for a decade. He held the position of Senior Risk Manager from 1999 to 2009. In this capacity, he was responsible for managing risk assessment processes and developing strategies to mitigate potential risks within the organization.
Education and Expertise
Derek Spence possesses significant expertise in risk management and modelling. His educational background supports his extensive experience in these fields, equipping him with the necessary skills to excel in his roles at both Nationwide Building Society and Alliance & Leicester. His knowledge in measurement and methodology further enhances his contributions to the financial services industry.
Career Progression
Derek Spence's career has demonstrated a clear progression in the field of risk management and modelling. Starting as a Senior Risk Manager at Alliance & Leicester, he advanced to a leadership role at Nationwide Building Society. His transition from Head of Group Modelling to Director of Modelling reflects his growing responsibilities and influence within the organization.