At Yorkshire Building Society 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.
About the role
An opportunity has arisen to join the Asset & Liability Management team in the Balance Sheet Management control department as a specialist market risk manager (internally known as Manager - Asset & Liability Management). In this role you will be directly responsible for market risk policy and appetite as well as acting as the subject matter expert in other aspects of ongoing management and regulatory and internal reporting for market risk. This role has no line management responsibility.
As ALM Specialist you'll be joining an established team and will drive improvements to, and understanding of, the risk framework. This role would ideally suit someone with a strong market risk background who is looking to build on that knowledge and expand into other aspects of ALM.
In this role you'll digest changes to the regulatory landscape and articulate what they mean for YBS. So, developing a strong knowledge of YBS’ balance sheet will be key to success in the role. In addition, you will champion a positive risk management culture and will own and lead improvements to the market risk reporting suite.
You'll need in-depth knowledge of Market Risk management tools, such as NII, VaR, PV01. This'll be coupled with:
Familiarity with the banking book and financial market products, with a broad knowledge of finance and balance sheet management within an organisation
Past experience of contributing to an ICAAP IRRBB statement
Examples of delivering change within tight deadlines and having stakeholder engagement through the journey
Excellent attention to detail and a pro-active attitude and continuous improvement mindset
Effective communication, engagement and influencing skills – demonstrating the ability to understand, define and articulate business requirements
You’ll be someone who is keen to help others learn and develop and, while not a manager, you’ll be a leader who supports a team of analysts to deliver great work.
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.