Hours:

Full time position (35 hours) hybrid working

Closing Date:

Fri, 4 Oct 2024

We have an exciting opportunity to join our growing Group Finance team as the Society Stress Testing Senior Lead. We’re looking for a self-driven, experienced and passionate individual who wants to help create and shape our vision for Stress Testing within the function. If you want to make a true impact in this newly created position, this could be the role for you!

Who Are We?

Not just another building society. Not just another job.

We're the fourth biggest building society in the UK and what makes us a bit different is that we're a mutual organisation. We don't have shareholders; we're owned by our members.

Our colleagues say Skipton's a great place to work, and you could be one of them, bringing with you new ideas on how we can keep customers at the heart of what we do.

Whatever your background, and whatever your goals, we'll help you take the next step towards a better future.

You will be joining a talented and high performing Group Finance Team. The key purpose of this role is to help develop the Society’s stress testing capabilities, governance and infrastructure; ensuring that outputs are accurate, complete, timely and insightful and that a strong governance framework is maintained. 

What’s In It For You?

Skipton values work/life balance and we are proud to support hybrid and flexible working, where possible. We have a newly refurbished head office which offers a vibrant and collaborative working space.

We have a range of other benefits available to you including;

• Annual discretionary bonus scheme
• 25 days standard annual leave + bank holidays + rising 1 day per year of service to a maximum of 30 days
• Holiday trading scheme allowing the ability to buy and sell additional annual leave days
• Matching employer pension contribution (up to 10% per annum)
• Colleague mortgage (conditions apply)
• Salary sacrifice scheme for hybrid & electric car
• A commitment to training and development
• Private medical insurance for all our colleagues
• 3 paid volunteering days per annum
• Diverse and inclusive colleague networks available for you to join including our Carers and Pride Alliance groups
• We care about your health and wellbeing – we provide a range of benefits that support this including cycle to work initiative and discounted gym membership

What Will You Be Doing?

As the Society Stress Testing Senior Lead, you will work in partnership with various stakeholders to ensure that the Group’s approach to stress testing within the agreed framework evolves with the business and capability is fit for the future. You will be;

• Accountable as Senior Lead for the bottom-up modelling of the Society’s quarterly stress testing forecasting and annual ICAAP cycle, liaising with the Homes and Money Finance team to agree key business assumptions and working with the Capital and Group Stress Testing team to deliver financial trajectory of first line net stress scenario(s).
• Through the stress testing work identify any balance sheet or strategic vulnerabilities and provide potential improvements / solutions.
• Accountable for the delivery of all supporting documentation including ExCo and Board papers.
• Responsible for maintaining robust levels of skills and knowledge to ensure compliance with all applicable regulatory and legislative requirements.

What Do We Need From You?

Experience

• Direct experience of delivering stress testing for a bank or building society is desirable.
• 2+ years of experience in finance roles with a financial planning and analysis focus.

Knowledge

• Strong knowledge of Financial Planning and Analysis and technical accounting knowledge.
• Strong working knowledge of finance systems such as but not exclusively – QRM, Workday (Adaptive Planning) and Excel.
• Good commercial understanding and ability to translate operational plans into financial outcomes.

Skills

• Strong communication skills, with the ability to clearly interpret and concisely explain the impact on the Society of complex accounting and technical matters.
• Excellent planning, analytical and modelling skills, enabling complex models to be understood and appropriately challenged.
• Able to develop and maintain effective working relationships both within the team and across the Society in order to achieve objectives.
• Commitment to role modelling behaviours and ways of working that align with the Society’s values.