Senior Financial Planning Manager (Treasury)

As our Senior Financial Planning Manager (Treasury), you'll enhance and operate whole balance sheet and cashflow modelling, including scenario analysis and stress testing as well as supporting the balance sheet modelling for the society's annual Budget process, interacting with Distribution, Products and Finance teams.

• Maintain and enhance net interest margin modelling, including granular whole balance sheet forecasting, scenario analysis and tracking of performance.
• Manage the monitoring of retail product pricing and performance, providing insight into cost of funds, variances and the impact of financial performance.
• Support the annual update of the society's ICAAP, ILAAP, Recovery Plan and other major Treasury deliverables.
• Ensure the effective control of risks within the Treasury function by regularly reviewing risks and controls and ensuring colleagues adhere to processes and procedures.
• Enhance the Society's use of the ALMIS software and its interaction with the Society database.
• Operate as an effective member of the Treasury Team, including appropriate engagement with regulatory reporting.
  
  You'll be experienced in financial modelling, preferably have a financial services background, and hold an appropriate qualification (e.g. CA, ACT, CERTBALM). An accounting qualification would be helpful but is not a requirement.
Skills and abilities:
• Excellent in the use of Microsoft products for financial modelling and reporting;
• Good understanding of the use of financial instruments (including derivatives) for the management of Financial and Liquidity risk;
• Good understanding of Treasury Management Systems and Asset and Liability Management modelling;
• Good inter-personal skills for developing and presenting information internally to the Product and Leadership Teams, and, where appropriate externally to regulators and Banking advisors; and
• Ability to interpret micro- and macroeconomic information and understand the impact on the Society of such information., Familiarity with hedge accounting and its impact on margin would be an advantage.
  
  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., The role holder will have a value set demonstrably aligned to those of Cumberland Building Society
• Customer Led
• Straight forward
• Responsible
• Forward thinking
• Better together
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. Cumberland Building Society


• Salary - up to £84,669 p.a. - depending on skills and experience.
• Holidays - 25 days holiday plus public holidays and the opportunity to buy and sell up to 2 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 plus a personal wellbeing day.
• Community Day - We offer our people an extra paid day off every year to help local charities and community organisations.