Hybrid Balance Sheet & Treasury Manager

Leek Building Society; West Midlands; Hybrid; GBP 65,000 - 85,000; Full time

Benefits offered by this job

35-hour working week

7.5% employer pension contribution

Minimum 26 days' holiday plus bank

Holiday purchase and sale scheme

Free health screening

24/7 GP access for you and your family

Mental health support and counsellors

Sick pay & family leave from day one

Life assurance four times salary

Retail discounts and salary sacrifice

Job summary

Leek Building Society is seeking a highly analytical Balance Sheet Manager to join our Treasury and Financial Planning & Analysis team. This senior role will lead capital and liquidity stress testing, ICAAP/ILAAP work, and management reporting to support balance sheet risk and regulatory compliance.

You'll collaborate across Finance, Products and the wider Society, acting as primary dealer for interest rate hedging and helping translate complex data into clear recommendations that guide

Qualifications

• A relevant accounting, Treasury, finance or risk qualification, progress towards one, or equivalent professional experience.
• Experience working in Treasury, balance sheet management, financial risk or a related finance role.
• Knowledge of capital, liquidity and interest rate risk management.
• Experience analysing complex financial information, maintaining financial models and developing clear recommendations.
• Advanced working knowledge of Microsoft Excel.
• Experience preparing clear reports or papers for senior stakeholders or committees.
• Understanding of stress testing, financial modelling and appropriate model controls.

Responsibilities

• Leading detailed capital and liquidity stress testing and ensuring the resulting analysis is accurate, robust and appropriately evidenced.
• Preparing and maintaining the Society's ICAAP, ILAAP and Recovery Plan, working with relevant areas across the business to produce high-quality regulatory documents.
• Keeping the Recovery Plan aligned with relevant regulatory expectations and developments.
• Leading customer behavioural analysis to support capital, liquidity and interest rate risk management.
• Supporting improvements to the Society's Financial Planning and Treasury model estate.
• Ensuring Treasury risks are accurately reported by working with the reporting team and updating models where required.
• Preparing clear, evidence-based papers on Treasury matters for ALCO and other committees.
• Reviewing and updating Treasury risk appetite and policy documents and presenting them to ALCO and the Board for approval.
• Supporting the development and effective implementation of the Society's model-risk framework.
• Acting as the Treasury team's primary dealer and transacting interest rate swaps with approved counterparties to manage Interest Rate Risk in the Banking Book.
• Managing the Society's interest rate hedging programme, including oversight of tranche-management data and processes.
• Working with Products and Finance colleagues to ensure hedging information is accurate, current and produced efficiently.
• Exploring opportunities to use excess liquidity appropriately for investment and interest rate risk management.
• Ensuring Treasury activity complies with internal policies and relevant regulatory standards.
• Promoting collaboration, constructive challenge and continuous improvement across Treasury and Financial Planning.

Skills

Excel

Analytical skills

Numerical skills

Attention to detail

Education

Accounting / Treasury / Finance or risk qualification

Tools

Regulatory reporting tools

Job description

Leek Building Society is seeking a highly analytical Balance Sheet Manager to join our Treasury and Financial Planning & Analysis team. This senior role will lead capital and liquidity stress testing, ICAAP/ILAAP work, and management reporting to support balance sheet risk and regulatory compliance.

You'll collaborate across Finance, Products and the wider Society, acting as primary dealer for interest rate hedging and helping translate complex data into clear recommendations that guide