Job description
If you are looking for a new challenge, have a great understanding of balance sheet modelling and want the opportunity to lead and inspire a business-critical team, this could be the opportunity for you.
About the role
You’ll take functional ownership of the Society’s core balance sheet risk and decision support models and EUCs, ensuring internal risk and model compliance, as well as embedding a culture of improvement and control that supports the Society’s strategic objectives.
You will be responsible for a suite of models and reports which cover financial planning, product pricing, asset and liability management, stress testing, as well as prudential risk regulatory returns. You will be a role model for model risk and EUC management, ensuring developments are conducted within the Society’s frameworks.
You’ll take the lead in developing the Society’s model landscape, working with your peers and stakeholders to ensure a joined-up approach to model design, development, delivery and use. You will be responsible for the strategic positioning of your team’s model landscape and how it will evolve over time, and you will be expected to influence how the Society’s modelling landscape can best support its strategic objectives.
You will take responsibility for the EUC frameworks employed in the regulatory reporting of prudential risk, ensuring they continue to be well managed and controlled and fit-for-purpose as the Society grows.
Most importantly, you’ll be a great leader who empowers and supports your team and key stakeholders to make the right decisions for the Society. You’ll be expected to influence at all levels, across your team, peers, stakeholders (up to board level), 2nd and 3rd line as well as the regulator and other external parties.
About you
You’ll have an expert level understanding of Balance Sheet Management concepts, such as Market and Liquidity Risk, Structural Hedging, Funds Transfer Pricing and Maturity Transformation, and can support these with experience of financial modelling in a regulatory environment.
Underpinning this will be a good understanding of the financial services industry and mutual sector, financial markets, and our competitors as well as the associated regulatory environment.
Away from the technical knowledge you’ll be an accomplished and empowering leader, with experience of leading, developing and motivating teams to deliver high performance within a supportive environment. You’ll be a great communicator and be able to work with, and influence, a wide range of stakeholders.
About us
At YBS we don’t have shareholders, we have members. We care about people and that includes you. So here, you’ll be respected for who you are, you’ll be able to bring your whole self to work, and you’ll have everything you need to build a long and rewarding career.
Flexibility. We offer a range of flexible working options without unsocial hours, which can help you find a healthy work-life balance. Whether it’s finishing early for an appointment or fitting your studies and hobbies in around your working hours, we can help make it work for you.
Development. We want you to feel challenged here. Whatever your ambitions, we’re committed to helping you develop your skills and move ahead in your career journey. From day one, we’ll set you up for success with a brilliant induction and full training plan, all designed to get you up to speed quickly.
Inclusivity. We’re passionate about creating an inclusive environment where everyone is welcome and able to be themselves. If you’ll go the extra mile to help our members, you’ll fit right in and feel you belong here.
About our Benefits
We offer lots of fantastic rewards that you can make the most of in and out of work, including:
- Holiday. You’ll get 25 days plus Bank Holidays, as well as the option to buy up to a further 5 days.
- Bonus. We work together to reach for better at YBS, so when we reach our goals we’re all rewarded, with up to a 10% annual bonus.
- Pension. We know how important it is to save towards the future, that’s why we’ll contribute up 11% into your YBS pension.
- Healthcare. Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans.
- My Benefits. When you join YBS you’ll have access to our self-service benefits portal, where you can access a range of retail, hospitality and health discounts.
Ready to apply?
If you’re excited about this role and want to be part of the YBS team, click apply now to send us your application.
Want more information?
If you have any questions about this role, please contact Taz Mahmood on [email protected]
- Internally this role is known as Senior Manager - MM&D ALM Planning and Pricing.