Treasury Senior Consultant (Funds Transfer Pricing & Balance Sheet Risk Frameworks)

Job title:

Treasury Senior Consultant (Funds Transfer Pricing & Balance Sheet Risk Frameworks)

Company

Nationwide

Job description

As a member of the Treasury Framework team, you’ll be working in one or more of the following areas: Funds Transfer Pricing (FTP), liquidity and funding risk; capital risk; and Interest Rate Risk in the Banking Book (IRRBB).You’ll be working alongside other Treasury colleagues and product teams to understand the impact of changes to Nationwide’s balance sheet and product proposition. You’ll be making recommendations to senior stakeholders on how Nationwide can offer the products its customers need whilst managing the associated financial risks.You’ll be responsible for managing the FTP Framework. You’ll also be supporting the delivery of key regulatory submissions such as the ILAAP or ICAAP, as well as having the opportunity to get involved in Nationwide’s stress testing and contingency planning.The Framework & Modelling team are responsible for maintaining our risk frameworks and risk appetite across liquidity & funding risk, interest rate risk, capital risk and pension risk. This includes recommending risk appetite, the production of the ILAAP and ICAAP documents, and collaboration with other teams across the Society to interpret and implement new regulatory requirements. In a financial world that is evolving rapidly, we need to ensure we can keep pace with developments, both in terms of market dynamics and regulation, which requires a constant reassessment of our approach to risk management.At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.For this job you’ll spend at least two days per week, or if part time you’ll spend 40% of your working time, based at either our Swindon or London offices. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to .If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.What you’ll be doingYou’ll be responsible for identifying how financial risks could materialise and recommending ways for Nationwide to manage their potential impact. Depending on your area of focus, this could be risks to Nationwide’s long-term stability from liquidity or capital risks; or risks from changes in interest rates.You’ll be responsible for managing the FTP Framework, which includes managing Interest Rate Transfer Pricing (ITP) and Liquidity Transfer Pricing (LTP) methodology. These processes help ensure appropriate funding and liquidity costs are applied to Nationwide’s asset and liability product pricing and that the associated cost or income is reflected within internal reporting to senior stakeholders.You’ll be assessing developments, both external in terms of the economic environment and internal from product and proposition changes.You’ll need to understand how changes could impact Nationwide’s financial risk profile leading to recommendations to senior management committees.You’ll also be assessing new regulatory developments to ensure we can understand and manage the impact of changes.A key part of your role will be building and maintaining relationships within Treasury and across the Society with the need to explain technical topics to a wide range of stakeholders.About youWe’re looking for the following skills and experience:

• An understanding of Treasury financial risk management – for example liquidity or capital risks; or risks from changes in interest rates
• Experience of managing Interest Rate Transfer Pricing (ITP) and Liquidity Transfer Pricing (LTP) methodology
• Strong written communication skills, with the ability to explain complex subjects in a simple way to a wide range of stakeholders
• Strong analytical skills with an ability to understand trends and identify links across a wide range of data
• A willingness to take the initiative and think about impacts outside your immediate area of expertise

Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:

• Feel what customers feel – We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind

• Say it straight – We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
• Push for better – We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
• Get it done – We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes.

You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.The extras you’ll getThere are all sorts of employee benefits available at Nationwide, including:

• A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
• Up to 2 days of paid volunteering a year
• Life assurance worth 8x your salary
• A great selection of additional benefits through our salary sacrifice scheme
• Wellhub – Access to a range of free and paid options for health and wellness
• Access to an annual performance related bonus
• Access to training to help you develop and progress your career
• 25 days holiday pro rata

Banking – but fairer, more rewarding, and for the good of societyWe forge our own path at Nationwide.As a mutual, we’re owned by our members – those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.We are Purpose-driven. Uncompromisingly Customer. Unstoppably NationwideWhat to do nextIf this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.#LI-Post

Expected salary

Location

London – Swindon

Job date

Sun, 30 Mar 2025 08:22:49 GMT

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