First Line Risk Prudential Planning Analyst

Cumberland Building Society; Carlisle; Hybrid; GBP 40,000 - 45,000; Full time

Job summary

A leading mutual organization is seeking a First Line Risk Prudential Planning Analyst for their Treasury team. This 18-month fixed-term role involves managing regulatory documents, coordinating risk management efforts, and supporting Treasury initiatives. The successful candidate will play a crucial role in transformational change while enjoying a competitive salary and extensive benefits including flexible working options.

Benefits

Competitive salary

25 days holiday plus public holidays

Learning and Development opportunities

Health and Wellbeing initiatives

Community Day

Hybrid working

Qualifications

• Understanding of capital funding and liquidity importance.
• Desire to learn about commercial and regulatory contexts.

Responsibilities

• Coordinate planning and resources for key regulatory documentation.
• Act as Chair of the Prudential Regulation Working Group.
• Oversee production of gap reports for financial policies.

Skills

Strong inter-personal skills

Planning and organisational skills

Attention to detail

Strong written skills

Proficiency in Microsoft Word and Excel

Job description

Working at the Cumberland, you become part of something special. We’re a Mutual organisation, committed to improving the lives of our colleagues, customers, and community. Our values are incredibly important to us.

We’re on an exciting transformational journey with our people firmly at the forefront of our plans. If you want to work for a team integral in helping to drive cultural change, a team where you can bring your whole self to work bringing your energy and creativity to make a positive difference, then this is the job for you.

We have an exciting opportunity for a First Line Risk Prudential Planning Analyst to join our Treasury team on a fixed term basis for 18 months.

You’ll take responsibility for planning, coordinating requirements and delivery of key Regulatory documents and risk reporting.

You’ll provide support across the CFO line in relation to risk submissions, cascade of risk policy, risk management and integration of Society wide initiatives making the process simple and user friendly.

You’ll also provide challenge and review to the CFO line in relation to planning and risk management.

The Benefits

• Competitive salary – up to £44,516 depending on skills and experience.
• Holidays - 25 days holiday plus public holidays and the opportunity to buy and sell up to 3 days.
• Learning and Development opportunities - We want you to grow in your role. We’ll work together to support your personal and professional development.
• Hybrid Working - the tools and equipment you need to be able to work from home when you need to, depending on your role.
• Health and Wellbeing - a calendar of events and activities throughout the year, Mental Health & Wellbeing champions, and Cycle to Work scheme.
• Community Day - We offer our people an extra paid day off every year to help local charities and community organisations.
  
  

The Role

Main Responsibilities Include:

• Coordinate planning and resources for key documentation including ICAAP, ILAAP, Recovery Plan and Resolution Pack, Financial Risk Management Policy and the Funding Plan as well as key documents within Finance and Legal as appropriate.
• Manage the Policy attestation process for the key prudential documentation.
• Act as Chair of the Prudential Regulation Working Group.
• Maintenance of the 1st line Prudential Risk Dashboard, ensuring relevant publications are monitored, owners allocated, and actions and timelines agreed.
• Act as the Treasury business partner for regulatory documentation, liaising with other business areas, as appropriate, in the production of key documentation.
• Oversee the production of gap reports, by appropriate SMEs, for all Finance, Group Legal Services (GLS) and Treasury policies and other documents, ensuring timely production prior to submission of such documents.
• Maintain a register of remediation, internal audit, and risk actions, ensuring activities are planned, SMEs engaged such that actions are completed within set timelines.
• Attend the Regulatory Reporting Working Group and manage actions for the Finance function in relation to the embedding of the Regulatory Reporting Policy and Framework.
• Support Treasury, GLS and Finance in the identification and management of operational risks and risk events (and associated reporting).
• Support Treasury, GLS and Finance in the review and maintenance of documented Risks and Controls.
• Coordinates key operational risk management processes for CFO line, e.g. risk incident reporting, collection of risk event data, management of major risk events, completion of management audits and audit action plans, trend analysis.
• Acts as main point of contact for Treasury, GLS and Finance for second line and internal oversight and committee meetings.
• Support Treasury, GLS and Finance in the development and maintenance of the Business Continuity Plan and associated reporting.
• Act as the Change Champion for the Finance function.
• Attend Risk Committees as required, representing CFO line.
• Provide challenge to Finance Leadership Team in relation to risk management.
  
  

About You

Skills and abilities:

• Strong inter-personal skills for developing and presenting information internally to the Board, Executives, SLT and other key stakeholders.
• Strong planning and organisational skills.
• Attention to detail.
• Strong written skills and proficient in the use of Microsoft Word and Excel.
• An understanding of the importance of, and a desire to learn and understand the interaction of capital funding and liquidity, in a commercial and regulatory context.
  
  

Behaviours:

• Customer Led – to work with both external and internal customers in a positive manner both in terms of verbal language and body language. You must pay due regard to customers (external and internal) and treat them fairly.
• Straight Forward – to behave in a manner that is clear, open, and non-obstructive.
• Responsible – Be responsible in all actions taken and engage with internal and external parties in a positive, cooperative manner. You must act with integrity, due skill, care, and diligence. You must observe proper standards of the market in which we operate.
• Forward Thinking – to consider how Treasury can do things differently to benefit the team, the Society, and customers.
• Better Together – Be a positive influence on not only the Treasury team but the Society overall. You should engage with different business areas and aim to raise the profile and understanding of Treasury.
  
  

The Company

We’re here to create a banking experience that’s kinder to people and planet.

Unlike banks, we don’t have public or private shareholders which means we can invest 100% of our profits back into our business. As a result, our business is purpose-led, financially strong, socially responsible and always focused on our people, planet and communities.

The Benefits

Competitive Salary

We will offer you a competitive basic salary for your role, which is reviewed every year.

Learning & Development

We want you to grow in your role. We’ll work together to support your personal and professional development.

Holidays

Flexibility to buy and sell up to two holiday days per year, plus extra holiday after 5 years.

Family Friendly

We pay competitive maternity, paternity and adoption leave.

Flexible Working

We can provide the tools and equipment you need to be able to work flexibly or from home when you need to, depending on your role.

Pension Scheme

If you’re eligible, we’ll enroll you into our competitive company pension scheme.

Health & Wellbeing

We have a calendar of events and activities throughout the year, Mental Health & Wellbeing champions and Cycle to Work scheme.

Community Day

We offer our people an extra paid day off every year to help out local charities and community organisations.

Social

We hold regular social events, from annual staples like our Christmas party and quiz, to smaller get-togethers such as walks and shopping trips.

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