Finance Business Partner- Quantitative Risk Management (QRM) Development

This is a strategically important and technically focused role within the Financial Planning & Stress Testing Team – central to the development of Quantitative Risk Management (QRM) ‑ driven forecasting across the enlarged Nationwide Group following the Virgin Money acquisition. As a Finance Business Partner, you’ll take a leading role in the development of QRM to deliver net interest income and balance sheet forecasting across a range of products, supporting both financial planning and risk management.

You’ll play a leading role in enhancing Nationwide’s modelling of Interest Rate Risk in the Banking Book (IRRBB), working closely with senior stakeholders including the Director of Financial Planning & Stress Testing and Treasury leadership. The role offers significant scope to influence and partner across Finance functions within both the NBS and Virgin Money brands, contributing to a high-profile transformation initiative.

Joining a fast ‑ paced and collaborative team of qualified accountants and system specialists, you’ll be stepping into a moment of genuine transformation as Nationwide and Virgin Money integrate systems, models and data. The environment rewards technical depth and focus, offering the chance to contribute directly to how QRM ‑ driven forecasting evolves for the combined organisation. This role is ideally suited to someone with existing expertise in QRM, advanced Excel skills, and data analysis experience, ready to make an immediate impact.

We are happy to consider flexible working approaches to help you perform at your best. This is a 12-month secondment opportunity. 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, London or Bournemouth 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.

The extras you’ll get include:

• Access to private medical insurance
• A highly competitive pension to help you build a strong foundation for retirement
• Access to an annual performance related bonus
• Training and development to help you progress your career
• A great selection of additional benefits through our salary sacrifice scheme
• Life assurance to provide peace of mind for you and your loved ones in the event of your death
• Wellhub – access to a range of free and paid options for health and wellness
• Up to 2 days of paid volunteering a year

You’ll be responsible for designing and building enhanced forecasting and IRRBB capabilities within QRM – ensuring they are robust as part of source system integration with Virgin Money systems. This includes expanding and improving modelling for mortgages, savings and treasury products, and developing forecasting capability for products such as credit cards, and current accounts.

A key responsibility of the role will be to support integration workstreams such as data feed upgrades, model rebuilds and testing cycles, which underpin integration deliverables across mortgages, savings, treasury and other product areas. You’ll lead and shape QRM development as part of a high ‑ profile transformation programme—contributing to forecasting enhancements, data readiness, systems uplift, and migration ‑ related modelling changes.

This is a hands ‑ on role where you’ll engage deeply with Finance and Treasury colleagues, run targeted workshops, validate and refine data requirements, and document modelling approaches to ensure long ‑ term usability and audit readiness. As reliance on QRM grows across planning, ALM and regulatory reporting, you’ll also help strengthen QRM controls and assurance frameworks.

As a minimum:

• You thrive in technically complex environments and bring deep experience of building and enhancing QRM ‑ based forecasting or IRRBB modelling
• You’re confident developing models within QRM — whether that involves assumptions, behavioural modelling, scenario capability, or system configuration — and you can translate that technical understanding into meaningful insight for senior stakeholders
• You bring a strong background in financial ‑ services forecasting the balance sheet or ALM modelling, and you’re used to working with the dynamics of NII and interest rate risk
• You’ll have advanced Excel capability and comfort working with large, complex datasets means you can get quickly to the heart of data ‑ led challenges
• You’re structured, analytical and able to operate across multiple technical workstreams
• You enjoy working hands ‑ on with systems, collaborating closely with technical specialists and business stakeholders to design solutions that are robust, well ‑ documented and ready for audit
• You will have previous experience working on modelling uplift during system migrations, platform integrations or transformation programmes

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.