Senior Finance Business Partner - Stress Testing

Nationwide Building Society; Swindon; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A leading financial institution is seeking a Senior Finance Business Partner to lead stress testing processes and ensure compliance with internal and external requirements. You will be responsible for enhancing reporting and influencing decision-making at the senior stakeholder level, contributing to a customer-first approach across the organization.

Benefits

Personal pension scheme

Paid volunteering days

Life assurance

Salary sacrifice benefits

Health and wellness options

Annual performance-related bonus

30 days holiday, pro rata

Individual healthcare cover

Qualifications

• Extensive post-qualification experience in finance
• Proven experience in influencing stakeholders
• Ability to produce clear committee papers

Responsibilities

• Lead a team and manage workload effectively
• Enhance reporting capabilities related to stress testing
• Communicate insights to senior stakeholders

Skills

Analytical skills

Stakeholder management

Project management

Education

Accounting qualification or equivalent

Job description

As Senior Finance Business Partner, you’ll lead the team that is responsible for the co-ordination, design and telling the story of Nationwide’s stress testing scenarios. You will play a crucial role in ensuring that Nationwide meets it’s internal and external stress testing requirements delivering the likes of the ICAAP Pillar 2B scenario, the PRA’s Bank Capital Stress Test (BCST), Recovery Plan scenarios and the Reverse Stress Test.

You will build strong relationships with teams across Nationwide and Virgin Money to undertake the end-to-end stress testing processes, using your excellent analytical skills to draw conclusions and document insights for Stress Testing Committee and Board Risk Committee enabling them to understand the financial implications to Nationwide of risks materialising. Where relevant, these documents will also be submitted to the regulator.

At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.

For this job you'll spend at least two days per week, or if part time you'll spend 40% of your working time, based at either our Swindon or London office. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.

If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.

What you’ll be doing

Leading a team, motivating and developing the Business Partner skillset whilst managing workload across the team effectively;

Working closely with the Income and Balance Sheet Modelling Centre of Excellence, business partnering team and Treasury teams to ensure a clear and comprehensive understanding of the stressed financial forecasts;

Developing and enhancing the reporting capabilities of stress testing scenarios for Nationwide and the Group;

Communicating to senior stakeholders including Nationwide’s Stress Testing Committee the impact of the Group’s business model and providing insight of the Group’s ability to withstand a variety of different stress scenarios;

Maintaining Nationwide’s stress testing frameworks and policies for the Group.

About you

As a minimum requirement, you’ll need to have:

• An accounting qualification/ equivalent, with significant post qualification experience
• Proven experience in building strong working relationships with and influencing a wide-ranging level of stakeholders
• Experience in producing clear and insightful committee papers
• A strong understanding of the income and balance sheet dynamics for a bank or building society
• A proactive approach to managing workload and projects along with the ability to deal with and prioritise conflicting demands
• Drive and enthusiasm to continually enhance the insight that can be provided from stress testing
• Proven experience of working in a highly controlled environment

Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:

• Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind

• Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand
• Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development
• Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes.

You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

• A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
• Up to 2 days of paid volunteering a year
• Life assurance worth 8x your salary
• A great selection of additional benefits through our salary sacrifice scheme
• Wellhub – Access to a range of free and paid options for health and wellness
• Access to an annual performance related bonus
• Access to training to help you develop and progress your career
• 30 days holiday, pro rata
• Individual healthcare cover

Banking – but fairer, more rewarding, and for the good of society

We forge our own path at Nationwide.

As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.

If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.

At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.

We are Purpose-driven. Uncompromisingly Customer. Unstoppably Nationwide.

What to do next

If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.

We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.

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