Manager - Market Risk (Regulatory Reporting)

Yorkshire Building Society; Leeds; On-site; GBP 45,000 - 60,000; Part time

Benefits offered by this job

25 days holiday plus Bank Holidays

Bonus up to 15%

Pension contribution of 11%

Healthcare benefits including private medical insurance

Access to a self-service benefits portal with discounts

Job summary

A respected financial services firm in Leeds is seeking a Banking Book Market Risk Regulatory Reporting Specialist for a 3-month contract. The role requires strong technical knowledge of IRRBB regulatory reporting and involves reviewing and challenging regulatory assumptions. The ideal candidate should possess exceptional communication and analytical skills, ensuring effective governance and documentation in line with regulatory expectations. This position emphasizes collaboration with senior stakeholders and demands a delivery-focused approach in a dynamic environment.

Qualifications

• Strong technical knowledge of IRRBB regulatory reporting gained within a UK financial services firm.
• Experience reviewing and documenting regulatory interpretations and assumptions.
• Ability to manage multiple priorities and work to tight deadlines.

Responsibilities

• Review and challenge regulatory interpretations underpinning the IRRBB framework.
• Assess alignment of IRRBB methodologies with PRA and Basel expectations.
• Act as a subject matter expert to senior stakeholders.

Skills

Technical knowledge of IRRBB regulatory reporting

Strong communication skills

Analytical skills

Attention to detail

Education

Educated to at least degree level

Job description

At Yorkshire Building Society Group, we pride ourselves on being a mutual organisation that places our customers at the heart of everything we do. As a result of this we continue to grow and strengthen our position as one of the most trusted financial services providers in the UK, providing real help with real lives.

Overview

We are looking for a dedicated and technically strong Banking Book Market Risk Regulatory Reporting Specialist to join our Market Risk team within Treasury. This role will play a key part in ensuring that the Society’s regulatory interpretations, judgements and assumptions relating to Interest Rate Risk in the Banking Book (IRRBB) are robust, well-governed and consistently applied, with a particular focus on the IRRBB Supervisory Outlier Test (SOT).

Reporting to the Senior Manager and based at our Head Office in Leeds, you will be responsible for the review, documentation and governance uplift of IRRBB regulatory requirements, supporting accurate regulatory reporting and effective engagement with internal stakeholders and regulators.

This role is a 3 month contract.

Key Responsibilities

• Review and challenge regulatory interpretations, judgements and assumptions (IJAs) underpinning the Society’s IRRBB framework, with particular focus on the complexities of the Supervisory Outlier Test (SOT).
• Assess alignment of IRRBB methodologies, assumptions and documentation with PRA and Basel IRRBB expectations, identifying gaps, weaknesses and required remediation.
• Support the governance, documentation and approval of IRRBB regulatory interpretations, ensuring they are robust, defensible and audit‑ready.
• Act as a trusted IRRBB subject matter expert, providing effective challenge and advice to senior stakeholders across the finance function.

How You’ll Do It

• Educated to a least degree level.
• Strong technical knowledge of IRRBB regulatory reporting gained from within a UK retail-focussed financial services firm including the SOT.
• Experience reviewing and documenting regulatory interpretations, judgements and assumptions within a finance or treasury function.
• Strong communication, analytical and problem-solving skills with excellent attention to detail.
• Confident communicator, able to influence and engage effectively with senior stakeholders.
• Delivery-focused, with the ability to manage multiple priorities and work to tight deadlines.
• Strong self-management skills and the ability to work collaboratively within a team.

About us

At YBS we don’t have shareholders, we have members. We care about people and that includes you. So here, you’ll be respected for who you are, you’ll be able to bring your whole self to work, and you’ll have everything you need to build a long and rewarding career.

Flexibility.

We offer a range of flexible working options without unsocial hours, which can help you find a healthy work-life balance. Whether it’s finishing early for an appointment or fitting your studies and hobbies in around your working hours, we can help make it work for you. We’re happy to talk flexible working and you can reach out to us anytime to discuss this during the recruitment process.

Development.

We want you to feel challenged here. Whatever your ambitions, we’re committed to helping you develop your skills and move ahead in your career journey. From day one, we’ll set you up for success with a brilliant induction and full training plan, all designed to get you up to speed quickly.

Inclusivity.

We’re passionate about creating an inclusive environment where everyone is welcome and able to be themselves. If you’ll go the extra mile to help our members, you’ll fit right in and feel you belong here.

About our Benefits

We offer lots of fantastic rewards that you can make the most of in and out of work, including:

• Holiday. You’ll get 25 days plus Bank Holidays, as well as the option to buy up to a further 5 days.
• Bonus. At YBS we work collaboratively and share in our success together, so when we reach our goals were all rewarded with an on target bonus of 7% of eligible pay (with the opportunity to earn up to a maximum 15%).
• Pension. We know how important it is to save towards the future, that’s why we’ll contribute up 11% into your YBS pension.
• Healthcare. Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans.
• My Benefits. When you join YBS you’ll have access to our self-service benefits portal, where you can access a range of retail, hospitality and health discounts.

Ready to apply?

If you’re excited about this role and want to be part of the YBS team, click apply now to send us your application.

Want more information?

If you have any questions about this role, please contact [e-mail]

Please note: This advert will close 6th April