Liquidity Reporting and Forecasting Analyst

This is a fantastic chance to join Nationwide’s Liquidity Reporting function, at a time when the team is expanding its remit.

The team is responsible for overseeing the production and review of liquidity reporting and forecasting, ensuring we are setup for future regulatory and business changes as well as supporting the efficiency agenda.

We’re recruiting for two roles. For the first role, responsibility includese supporting with the development and deliverables of the regulatory reporting part of the team and for the second role, responsibility includes supporting the liquidity forecasting activity undertaken for planning and various stress testing activity. Both roles also require supporting wider team objectives and deliverables.

The keys to success in this role are:

• Experience of Liquidity Regulatory reporting (e.g. PRA110 / LCR / NSFR / ILAAP);
• Being able to successfully manage a small team;
• An ability to thrive under evolving reporting requirements and to work to tight timescales;
• Clear communication and relationship building skills;
• Stong ability to problem solve and make good decisions; and
• A wide range of technical balance sheet knowledge, including retail, treasury and office.

The Liquidity Reporting team forms part of the wider Reporting & Forecasting team within the Treasury function at Nationwide. These roles will report to a Senior Consultant in the Liquidity and Product Risk Reporting team.

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, at one of our offices, with regular travel to Swindon and London.

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.

Working in the Liquidity and Product risk team, the first role will support in leading the team that is responsible for producing regulatory reporting with a particular focus on liquidity, including the weekly PRA110 return, the monthly LCR & ALMM returns, the quarterly NSFR & AE returns and other regulatory disclosures.

You’ll be part of a fast-paced reporting team with a high required volume of output that will mean you’ll have to think on your feet and problem solve while ensuring all demands and deliverables are met. As we are at the heart of the business, you’ll have exposure to senior management, the ability to shape and influence the team and wider team agenda as well as managing external relationships.

As the team also works collaboratively to undertake numerous daily reporting tasks, this will give you exposure to a broader range of liquidity and product risk reporting, from the daily liquidity reporting pack to the internal product risk (retail hedging) tickets.

The second role will support in leading the team that is responsible for implementing changes to our liquidity forecasting processes as the team widens its reporting remit. This includes forecasting changes to our short-term and long-term forecasts which support business decisions through the Financial Planning process, various stress testing activity, including CST and Recovery & Resolution and Funding in Resolution (FiR).

You’ll be part of a dynamic change team with a high volume of reporting and forecasting change deliverables which require understanding of forecasting process and key liquidity and funding metrics.

You will also have the opportunity to support regulatory reporting change programmes, helping to deliver important changes to our future reporting.

As a minimum requirement you’ll need to have:

• Advanced excel skills including VBA; proficiency in building new/improving existing formulae and macro-driven spreadsheets.
• Excellent leadership skills with a proven track record in delivering outstanding results through a team.
• Strong analytical skills with an ability to review highly technical reporting or forecasting to identify anomalies and discrepancies.
• A proven track record in managing and maintaining robust control and governance processes while balancing this with the efficiency and process improvement agenda.
• A history of undertaking regulatory or internal reporting or forecasting in a finance or treasury environment, ideally within the liquidity space.
• Experience in change management processes.
• An ability to interpret regulatory guidance, assessing this against existing reporting or forecasting and translating this into easy to digest information for stakeholders.
• Able to deal with conflicting demands and prioritise deliverables.

Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.

• Say it straight - This is about being honest and direct with good intent and saying what needs to be said in the room. It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
• Push for better - This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
• Get it done - This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.

We know applying for jobs can sometimes feel like you’re sending an application into a black hole. We review each application individually. So, it’s a good idea to call out your most relevant experience on your application to give yourself the best chance.

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
• 25 days holiday, pro rata

Nationwide is the world’s largest building society. With over 15 million customers, we have a relationship with almost a quarter of the UK’s population. We’ve got the scale to compete with the big banks, but we’re not a bank.

As a building society, we’re owned by our members – that’s our customers who have their current account, mortgage or savings with us. It means we can do things differently to deliver our Purpose – Banking – but fairer, more rewarding, and for the good of society.

When you work at Nationwide, you can experience that difference for yourself. You’ll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You’ll also be joining us at an important time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don’t have to bank with a bank. They can choose a modern mutual instead.

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.