Stress Testing Manager, Capital Planning
Stress Testing Manager, Capital Planning

Stress Testing Manager, Capital Planning

Full-Time 64000 - 75000 £ / year (est.) No home office possible
OSB Group

At a Glance

  • Tasks: Lead stress testing and capital planning activities to support the Bank's financial strategy.
  • Company: Join OSB Group, a forward-thinking bank committed to innovation and employee well-being.
  • Benefits: Competitive salary, annual bonus, hybrid working, and extensive benefits package.
  • Why this job: Make a real impact in financial strategy while developing your skills in a dynamic environment.
  • Qualifications: Experience in stress testing and financial modelling, with advanced Excel skills.
  • Other info: Embrace a culture of diversity and inclusion, with flexible working options.

The predicted salary is between 64000 - 75000 £ per year.

The Capital Planning team leads first line capital planning activities designed to support the Bank in delivering on its financial strategy in BAU conditions and ensuring the Bank can survive plausible, severe macroeconomic and idiosyncratic stresses.

What you will be doing:

As the Stress Testing Manager, Capital Planning, you will lead the first line capital planning stress testing and scenario processes. You'll also support the Group Head of Capital Planning and Financial Strategy with capital planning activities. Your responsibilities will include:

  • Leading first line stress testing activities including:
  • ICAAP stress testing
  • Recovery and Restructuring Plan modelling
  • Resolvability Assessment Framework stress testing
  • Reverse stress testing
  • Going concern assessments
  • Any ad-hoc stress testing
  • Supporting the financial planning process through running scenarios involving changes to key assumptions including lending volumes, retention volumes, shareholder distributions and debt issuances
  • Maintaining an up-to-date stress testing plan driving forward enhancements to the Group’s stress testing activities and implement a BAU stress testing calendar
  • Leading capital planning contributions to Capital Markets activity such as producing scenarios for applications relating to issuances and share distributions
  • Co-ordinating the Internal Capital Adequacy Assessment Process (ICAAP) including document production, coordinating the inputs from across the Risk team and the wider Group functions and ensuring robust governance practices are followed
  • Contributing to the Recovery Plan process including document production, coordinating the inputs from across the Risk and Finance teams and the wider Group functions and ensuring robust governance practices are followed
  • Supporting production of the Capital Plan element of the Group Capital Strategy and Plan document
  • Contributing to the Solvency Forum including planning of meetings and setting an agenda to drive the ongoing oversight of solvency risk
  • Supporting the Capital Planning Working Group including planning of meetings and production of MI covering capital scenarios
  • Providing support to the capital and stress testing elements of Anaplan implementation
  • What's in it for you?

    We offer a base salary dependent on experience of between £64,000 - £75,000 and a competitive benefits package including:

    • Discretionary annual bonus opportunity of up to 15%
    • 28 days annual leave plus bank holidays
    • Access to Private Medical Insurance and Medical Cash Plan
    • Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase/sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

    Please use this link to see the fantastic benefits available at OSB: OSB Careers

    About us:

    At OSB Group, we understand how much our people bring to our organisation, which is why we try our best to give back too! Our Purpose is to help our customers, colleagues and communities prosper and we are on a transformation journey to become 'the bank of the future'. Our commitment to professional development, flexible working, and employee well-being fosters a dynamic and supportive workplace.

    Do you have the skills?

    We are looking for talented individuals who have the experience and knowledge set out below:

    • Previous work experience in a stress testing role using relevant stress testing techniques is essential
    • Previous experience in financial modelling and experience leading capital planning contributions is required
    • Advanced level knowledge using Excel

    Next steps:

    If this sounds like you, please apply now! For internal applications please visit the internal careers page to apply. Still on the fence? Hear from our team or explore our process: OSB Careers

    Shortlisted candidates will go through a personalised recruitment process, that is relevant and conversational - inclusive any individual reasonable support required. We want to bring out the best in you!

    Diversity, Equity & Inclusion

    Our team value spending time together in the office, typically 3 days a week to support collaboration and connection with colleagues, but we're happy to have a conversation about what flexibility might look like for you. Not sure if you meet the spec? Let us decide. Research tells us that those from marginalised groups feel like they need to meet 100% of the criteria to apply. Here at OSB, we are committed to inclusivity and understand the value different experiences and perspectives can bring, so please don't feel like you need to check every box to apply for a role internally. We champion diversity at all levels, with Board-level Diversity Champions tracking our progress. We are proud to be signed up to the Women in Finance Charter to actively support the growth and development of senior women in our sector and are dedicated to treating all our employees and job applicants equally, opposed to discrimination on any grounds.

    Stress Testing Manager, Capital Planning employer: OSB Group

    At OSB Group, we pride ourselves on being an exceptional employer, offering a dynamic and supportive work environment that prioritises employee well-being and professional development. As a Stress Testing Manager in our Capital Planning team, you will benefit from a competitive salary, generous annual leave, and a range of flexible working options, all while contributing to our mission of becoming 'the bank of the future'. Our commitment to inclusivity and diversity ensures that every voice is valued, making OSB a truly rewarding place to grow your career.
    OSB Group

    Contact Detail:

    OSB Group Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Stress Testing Manager, Capital Planning

    ✨Tip Number 1

    Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

    ✨Tip Number 2

    Prepare for interviews by practising common questions related to stress testing and capital planning. We recommend doing mock interviews with friends or using online resources to boost your confidence.

    ✨Tip Number 3

    Showcase your skills! Bring along examples of your previous work in stress testing and financial modelling to interviews. This will help you stand out and demonstrate your expertise.

    ✨Tip Number 4

    Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team.

    We think you need these skills to ace Stress Testing Manager, Capital Planning

    Stress Testing Techniques
    Financial Modelling
    Capital Planning
    Scenario Analysis
    Advanced Excel Skills
    Governance Practices
    Risk Assessment
    Document Production
    Coordination Skills
    Analytical Skills
    Communication Skills
    Project Management
    Problem-Solving Skills
    Adaptability

    Some tips for your application 🫡

    Tailor Your Application: Make sure to customise your CV and cover letter to highlight your experience in stress testing and capital planning. We want to see how your skills align with the role, so don’t hold back on showcasing relevant projects or achievements!

    Be Clear and Concise: When writing your application, keep it straightforward and to the point. Use bullet points where possible to make it easy for us to read through your qualifications and experiences. We appreciate clarity!

    Show Your Passion: Let your enthusiasm for the role shine through! Share why you’re excited about the opportunity to work with us at OSB Group and how you can contribute to our mission of becoming 'the bank of the future'.

    Apply Through Our Website: Don’t forget to submit your application via our careers page! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, you’ll find all the info about our fantastic benefits there too!

    How to prepare for a job interview at OSB Group

    ✨Know Your Stress Testing Techniques

    Make sure you brush up on the specific stress testing techniques mentioned in the job description, like ICAAP and reverse stress testing. Being able to discuss these methods confidently will show that you’re not just familiar with the concepts but can also apply them effectively.

    ✨Showcase Your Financial Modelling Skills

    Since financial modelling is a key part of the role, prepare examples from your past work where you successfully led capital planning contributions. Be ready to explain your thought process and how your models impacted decision-making.

    ✨Understand the Bigger Picture

    Familiarise yourself with the bank's financial strategy and how stress testing fits into it. This will help you articulate how your role as a Stress Testing Manager can support the overall goals of the organisation during the interview.

    ✨Prepare Questions About Collaboration

    Given the emphasis on working with various teams, think of insightful questions about how the Capital Planning team collaborates with Risk and Finance. This shows your interest in teamwork and understanding of the role’s dynamics.

    Stress Testing Manager, Capital Planning
    OSB Group

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