Senior Financial Risk Analyst
BELONG Theres no place like Principality
At Principality, belonging isnt just a value its how we work. When you join us, youre welcomed into a supportive, inclusive community where your home life, wellbeing, and individuality are genuinely respected. From flexible ways of working to benefits designed around you, were committed to helping you feel comfortable, valued, and able to thrive.
We believe great work happens when people feel connected to each other, to our purpose, and to the communities we serve. Thats why we encourage balance, invest in wellbeing, and focus on growing and improving together.
Why join us?
There are plenty of reasons to build your career with Principality:
1. Flexible hybrid working Our award-winning approach gives you the flexibility to work from home and from the office. Collaboration matters to us, so youll spend at least 8 days per month based in our Cardiff office.
2. A truly inclusive workplace Proudly named in the Inclusive Top 50 UK Employers List, ranked 27th, recognising our ongoing commitment to inclusion and belonging.
3. Customer excellence you can be proud of Winners of Double Gold Awards for Customer Satisfaction at the Fairer Finance Awards for both Savings and Mortgages.
4. Engaged, supported colleagues Our colleague engagement scores consistently exceed 85%, reflecting a positive and supportive culture.
5. Wellbeing at the heart of what we do Our Belong benefits package is designed to put our people first, supporting your physical, mental, and financial wellbeing.
These achievements reflect more than awards they represent our long-term commitment to creating a workplace where colleagues feel supported and customers feel cared for.
When it comes to belonging, there truly is no place like Principality.
Were looking for a Senior Financial Risk Analyst to join our Financial Risk & Model Oversight team, playing a key role in protecting the long-term financial strength of Principality Building Society and supporting our strategy for sustainable growth.
This is a highimpact secondline role, providing independent oversight, challenge and expertise across financial risks including capital, liquidity & funding, market risk and ALM initiatives.
Youll work closely with colleagues across Finance and Treasury, influencing decisionmaking at senior and Board level while ensuring we continue to meet regulatory expectations and best practice.
Whether you're looking to deepen your technical expertise or broaden your influence across the organisation, this role offers varied work, strong exposure to senior stakeholders, and the opportunity to shape how financial risk is managed across the Society.
What youll be doing
In this role, youll:
6. Provide robust second-line oversight across the Societys key financial risks, offering independent review, challenge and expert judgement
7. Lead review and challenge of major regulatory and risk documents, including ICAAP, ILAAP, Recovery & Resolution Planning and Stress Testing
8. Ensuring financial risk models are reviewed, validated and governed in line with policy and agreed plans
9. Review high-impact regulatory returns, ensuring assumptions, interpretations and judgements are appropriate, documented and well-governed
10. Provide constructive challenge to financial planning, forecasting and mediumterm planning
11. Build strong, trusted relationships with firstline teams across Finance, Treasury and Balance Sheet Management
12. Monitor the external environment, identifying emerging risks, regulatory developments and best practice, and escalating insights through governance forums
13. Prepare and present clear, concise risk insights to Executive committees, supporting informed decision making
What were looking for
We're open to different career paths, but youll ideally bring:
Experience & Knowledge:
14. Experience in Financial Risk or Treasury within financial services or banking
15. Strong knowledge of at least one core financial risk area (capital, liquidity & funding, or market risk) and a good understanding of wider risk management techniques
16. Handson experience with ICAAP, ILAAP, RRP and/or stress testing
17. Understanding of ALM and Treasury within a banking or building society environment
18. Experience working with financial models across the model lifecycle
19. Awareness of the UK regulatory landscape, macroeconomic drivers and their strategic impacts
Skills & Behaviours:
20. Strong analytical and numeracy skills, with excellent attention to detail
21. Confidence to provide constructive challenge and influence senior stakeholders in a constructive way
22. Ability to explain complex concepts clearly to a range of audiences
23. Organised and deliveryfocused, with a proactive and solutionsoriented mindset
24. Comfortable working independently while collaborating across teams
25. Commercially aware, forward-thinking and able to exercise sound judgement
26. Clear, confident communication skills
Qualifications:
27. A professional qualification or working towards a Treasury or Risk Management is desirable but not essential
If youre ready to influence senior decisionmaking and play a key role in safeguarding the Societys future, wed love to hear from you.
We reserve the right to close this vacancy early should we receive a high volume of applications.
If you have any questions in relation to this role, please contact the recruitment team at
We are passionate about creating an inclusive workplace where diversity is celebrated and where colleagues feel a sense of belonging Nigel Taylor Head of Brand, Impact & Communication. But dont just take our word for it, see what our colleagues say about working here too; Careers (principality.co.uk)
Read all about us - Principality Building Society: Posts | LinkedIn
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