We are looking for a Financial Risk Specialist!
Are you seeking an opportunity to make a significant impact within a dynamic financial institution? Dudley Building Society is actively seeking a talented individual to join our dedicated Risk and Compliance team. As a Financial Risk Specialist, you will play a crucial role in overseeing and challenging the effective management of financial risks to include interest rate, liquidity, funding, capital, treasury credit, business and model risks along with the associated regulatory requirements, policies and procedures.
We can provide full training and support for anyone who is new to these areas and wanting to develop their skills and experience.
Your day-to-day responsibilities will include but are not limited to:
Overseeing the risk management policies and processes of the Treasury team relating to interest rate, liquidity, funding, capital, treasury credit and model risks, including reviewing risk reporting.
Delivering the agreed programme of oversight reviews to ensure financial risks are being appropriately managed, processes are adequately controlled, and policies are being correctly applied.
Reviewing policy exceptions and proposed policy changes from Treasury.
Reviewing the Corporate Plan (including reforecasts), to check calculations for numerical accuracy and the correct application of assumptions.
Reviewing the Capital Adequacy Assessment (ICAAP), Liquidity Adequacy Assessment (ILAAP) & Recovery Plan to ensure they are consistent with Corporate Plan, compliant with regulatory expectations, numerically accurate, and have the correct application of assumptions & methodology which are properly disclosed and reasonable.
Reviewing higher risk regulatory returns to ensure that they are materially accurate, completed and on time and have been prepared in accordance with agreed assumptions.
Understanding the impact of forthcoming changes to regulations and the external environment on the Society's financial risks
Effectively collaborating with other areas of Governance, Risk & Compliance, in particular operational risk, credit risk, compliance and governance.
What we're looking for:
Strong understanding of savings and mortgage products and the business model for a deposit taker and mortgage lender.
Knowledge of regulatory requirements.
Strong stakeholder management skills
Excellent written and verbal communication and interpersonal abilities.
Attention to detail to maintain a high level of accuracy with an analytical mindset.
Strong organisation and planning skills; you'll need to love spinning lots of plates.
Advanced understanding of Excel
Strong numerical skillset: a numerical degree or experience in an analytical role is preferrable, but not essential.
In Return
In return we offer:
Salary of £45,000 - £50,000 per annum (FTE) depending on experience
Intelligent working practices enabling you to work both at home or in the offices in Brierley Hill - work where best suits your day ahead!
Basic holiday of 30 days + Bank holidays + Moments that matter days (Think birthdays, weddings + time off to getting the keys to a new house or welcoming a grandchild!)
Pension contribution of up to 8% of salary
Life assurance 4 x salary
Full Private Medical Insurance
Healthcare plan covering some of those day-to-day health bills like your dental and optical bills
Access to our new Electric Car Salary Sacrifice scheme
Diversity and Inclusion
Our workplace culture respects, welcomes, and supports diversity and inclusion, empowering our People to embrace being a fundamental part of everything we are, and everything we aim to be. We treat everyone with the dignity and kindness they deserve, and strive to encourage and celebrate all the things that make each of us unique.
And that's not all
We're certified as a Great Place to Work in the UK, and there's a reason for that. Check out our careers page for more information about what it's like to join The Dudley team, who we are, what drives us, and why you should join us.
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