At Yorkshire Building Society Group we pride ourselves on being a mutual organisation that places our customers at the heart of everything we do. As a result of this we continue to grow and strengthen our position as one of the most trusted financial services providers in the UK, providing real help with real lives.
An exciting opportunity has arisen for a Manager to join the Model Management & Development function of the Balance Sheet Management department. In this role you will be responsible for the ongoing development, management and testing of the Society’s key financial models covering Asset & Liability Management (ALM), Financial Planning and Product Pricing.
We will give you the opportunity and support to develop and shape a career in a changing and exciting business, where you can enjoy the exciting challenge as we transform to achieve our ambitions. Join us and be Your Brilliant Self.
What You'll Do...
As a modelling subject matter expert, you will ultimately be responsible for the design, development and maintenance of a suite of models used by the Society, such as market and liquidity risk, stress testing, and financial planning.
The main areas you will be working on will be:
The design, development and testing of a range of models
Embedding new behavioural models and assumptions around areas such as prepayment within all models.
Ensuring all changes and developments are done in a controlled way and aligned to the Society’s model governance standards.
Ensuring models adhere to regulatory best practice
Support the wider team with model developments and share ideas for model design
Build relationships with model users to ensure their requirements are adequately reflected in the model build.
The Knowledge & Skills you’ll have
Detailed understanding of financial modelling techniques and approaches (particularly ALM), or proven ability in a similar role with a desire to learn.
Good understanding of how financial products perform, preferably covering mortgages, savings and Treasury instruments.
Strong communication, engagement and influencing skills - demonstrating the ability to engage at senior level (up to Chief level).
Ability to effectively represent YBS through building collaborative relationships
Ability to communicate complex concepts to stakeholders across the organization
Comfortable working with large data sets, and using numbers to drive analytical decision making
Experience of ALM modelling systems (such as Ambit Focus, Bancware ALM5, QRM or similar)
Experience with SQL
Experience of delivery and support of financial models.
Knowledge of key market and liquidity risk concepts (VaR, PV01, FTP, Gap, ratios, etc.)
Life at YBS
In addition to the usual benefits such as competitive salary, annual bonus and healthcare packages we offer you…
Flexibility – Whether it’s picking up the kids from school or catching that early morning yoga session we have you covered.
Celebrating Success – From everyday thank you cards, to our annual ‘Raising the Roof’ gala to celebrate our golden ticket winners we acknowledge our colleagues successes no matter how big or small.
Giving Back – Fancy 31 hours of paid leave a year to get involved in community activities? Together last year, we completed more than 11,000 hours of volunteering!
Inclusivity - We don’t just accept difference — we celebrate it, we support it, and we thrive on it for the benefit of our colleagues, our customers and our community. We are proud to be an equal opportunities employer.
Site Perks – Some of our sites have added little extras such as a gym, restaurant and free parking at our Bradford site, roof garden in Leeds, and on-site restaurant and free parking at our Peterborough site.
If you’ve got a solid background in financial modelling and you are keen and want to develop a career in an empowering, respectful and supporting business then why not join us?
Our people are our heart and soul; we’re commercial and caring, big enough to offer you a challenge and small enough for you to make a real impact. We’re devoted to putting people first and doing the right thing by providing real help with real life.
Any questions please contact Jessica Wilkinson on firstname.lastname@example.org
We’d love to hear from you so why not apply today and be Your Brilliant Self!