Balance Sheet Manager

Distinct | B Corp; West Midlands; On-site; GBP 70,000 - 90,000; Full time

Job summary

Distinct | B Corp, a well established UK building society, is seeking a Balance Sheet Manager to own balance sheet and treasury activities. You will lead stress testing, interest rate risk, liquidity and capital work while developing the balance sheet framework.

You will collaborate with senior Treasury, Finance and stakeholders to drive risk-informed decisions, model development and regulatory reporting. A strong analytics background and financial qualification are essential.

Qualifications

• Experience in Treasury or balance sheet management within banking, building societies or financial services.
• Strong understanding of balance sheet management, liquidity, capital and interest rate risk.
• Experience with financial modelling and stress testing.

Responsibilities

• Lead capital and liquidity stress testing and support regulatory and strategic planning documentation.
• Develop and maintain capital, liquidity and balance sheet models.
• Lead customer behavioural analysis related to interest rate risk, liquidity and capital.
• Support management of IRRBB and treasury risk reporting to senior management and governance committees.
• Contribute to Treasury risk appetite, policies and framework development.
• Assist in the development and embedding of a model risk framework.
• Act as a Treasury dealer, executing interest rate hedging transactions with counterparties.
• Support hedging strategy management and related processes, enhancing liquidity and balance sheet positioning.
• Collaborate across Treasury, Finance and Products to improve data and modelling capability.

Skills

Analytical capability

Commercial awareness

Stakeholder management

Advanced Excel

Financial modelling

Stress testing

IRRBB knowledge

Liquidity/capital management

Education

Treasury/finance qualification

Degree in a relevant field

Tools

Excel

Financial modelling tools

Job description

We are supporting a well established UK building society with the appointment of a Balance Sheet Manager.

This is a key role within the Treasury function, offering the opportunity to work across balance sheet management, capital, liquidity and interest rate risk.

The successful candidate will play an important role in supporting the effective management of the organisation’s balance sheet and associated risks, working closely with senior Treasury, Finance and wider business stakeholders.

The Role

You will take ownership of a range of balance sheet and Treasury activities, with a particular focus on stress testing, interest rate risk, liquidity, capital and model risk.

You will also have the opportunity to be involved in Treasury dealing and the ongoing development of the organisation’s balance sheet management framework.

Key areas of responsibility will include:

• Leading capital and liquidity stress testing, supporting the production of key regulatory and strategic planning documentation.
• Supporting the development and maintenance of capital, liquidity and balance sheet models.
• Taking a lead role in customer behavioural analysis, particularly in relation to interest rate risk, liquidity and capital.
• Supporting the management and ongoing development of interest rate risk in the banking book (IRRBB).
• Preparing and contributing to Treasury and risk reporting for senior management and relevant governance committees.
• Contributing to the development of Treasury risk appetite, policies and frameworks.
• Supporting the development and embedding of an effective model risk framework.
• Acting as a key Treasury dealer, including executing interest rate hedging transactions with relevant counterparties.
• Supporting the management of the organisation’s interest rate hedging strategy and associated processes.
• Identifying opportunities to optimise liquidity and balance sheet positioning.
• Ensuring Treasury activity is conducted in line with relevant internal policies, regulatory requirements and appropriate risk controls.
• Working collaboratively across Treasury, Finance, Products and other areas of the business to improve processes, data and modelling capability.

About You

We are looking for an experienced Treasury or balance sheet professional who combines strong analytical capability with commercial awareness and an ability to work confidently with stakeholders across the organisation.

You are likely to have:

• Experience working within a Treasury team, ideally within banking, building societies or wider financial services.
• A strong understanding of balance sheet management, liquidity, capital and/or interest rate risk.
• Experience of financial modelling, stress testing or related analytical work.
• Strong numerical and analytical skills, with advanced Excel capability.
• An understanding of financial products and the balance sheet of a regulated financial institution.
• A relevant Treasury, accounting or financial qualification, alongside a degree or equivalent relevant experience.
• Excellent attention to detail and a naturally inquisitive approach to problem solving.
• The ability to work independently while also being a strong team player.
• Strong communication skills and the confidence to present complex financial and risk information clearly to a range of stakeholders.

Why Consider the Opportunity?

This is an opportunity to join an established financial services organisation in a role with genuine breadth across Treasury, balance sheet management and financial risk.

The position would suit someone looking to build on their existing Treasury experience and take greater ownership across stress testing, IRRBB, liquidity, capital and balance sheet strategy.