At a Glance
- Tasks: Support the BSM team in managing balance sheet risks and implementing regulations.
- Company: Join Principality, a top inclusive employer focused on community and wellbeing.
- Benefits: Enjoy flexible hybrid working, competitive salary, and a comprehensive wellbeing package.
- Other info: Be part of a culture that values diversity and belonging.
- Why this job: Make a real impact in a supportive environment while developing your financial skills.
- Qualifications: Understanding of balance sheets and regulatory landscapes; relevant studies or experience preferred.
The predicted salary is between 41175 - 45800 £ per year.
Location: Hybrid
Hours: 35 - Talk to us about Flexible Working
Salary: From £41,175
Contract Type: Full‑Time, Fixed‑Term Contract
Closing Date: 12 March 2026
At Principality, belonging isn’t just a value — it’s how we work. When you join us, you’re welcomed into a supportive, inclusive community where your home life, wellbeing, and individuality are genuinely respected. From flexible ways of working to benefits designed around you, we’re committed to helping you feel comfortable, valued, and able to thrive.
We believe great work happens when people feel connected — to each other, to our purpose, and to the communities we serve. That’s why we encourage balance, invest in wellbeing, and focus on growing and improving together.
There are plenty of reasons to build your career with Principality:
- Flexible hybrid working – Our award‑winning approach gives you the flexibility to work from home and from the office. Collaboration matters to us, so you’ll spend at least 8 days per month based in our Cardiff office.
- Truly inclusive workplace – Proudly named in the 2025 Inclusive Top 50 UK Employers List, ranked 27th, recognising our ongoing commitment to inclusion and belonging.
- Customer excellence you can be proud of – Winners of Double Gold Awards for Customer Satisfaction at the Fairer Finance Awards 2025 for both Savings and Mortgages.
- Engaged, supported colleagues – Our colleague engagement scores consistently exceed 85%, reflecting a positive and supportive culture.
- Wellbeing at the heart of what we do – Our Belong benefits package is designed to put our people first, supporting your physical, mental, and financial wellbeing.
These achievements reflect more than awards — they represent our long‑term commitment to creating a workplace where colleagues feel supported and customers feel cared for. When it comes to belonging, there truly is no place like Principality.
We are hiring a Balance Sheet Management Analyst to join the Balance Sheet Management (BSM) team. Our team purpose enables safe and sustainable growth through balanced risk/reward evaluation, ensuring decisions are made through customer, colleague and commercial lenses.
Responsibilities
- Assisting the Senior BSM manager in the research and implementation of new and emerging regulation and best practice.
- Development and maintenance of appropriate systems, models (in‑line with Model Governance standards), processes and controls to monitor and quantify BSM risk, incorporating the impact of stress scenarios.
- Produce accurate and timely Management Information (MI) with value‑adding commentary for discussion at the Treasury, Asset and Liability, Executive Risk, Board Risk and Board Committees.
- Maintaining a general awareness of the macroeconomic environment.
- Recommend system/process enhancements to maximise efficiencies in line with Operational Excellence principals.
Skills and Experience
- A good understanding of the balance sheet, profit and cash flow linkages throughout the organisation.
- Working knowledge and understanding of the current regulatory landscape, macroeconomic environment, and financial risk management techniques.
- Able to exercise appropriate judgment when analysing and filtering information.
- Able to research and interpret complex regulatory requirements and make recommendations to the Senior BSM manager regarding the approach to be taken.
- Ideally studying to complete a relevant professional qualification e.g. ACT, ACCA or relevant financial markets experience.
We reserve the right to close this vacancy early should we receive a high volume of applications. We are passionate about creating an inclusive workplace where diversity is celebrated and where colleagues feel a sense of belonging.
BSM Analyst (9m FTC) employer: Principality
At Principality, we pride ourselves on being an exceptional employer, offering a flexible hybrid working model that promotes work-life balance and wellbeing. Our inclusive culture is reflected in our recognition as one of the top 50 UK employers for inclusion, and we are committed to supporting your professional growth through ongoing development opportunities. With a focus on collaboration and community, you'll find a workplace where you can thrive and contribute to meaningful customer experiences.
StudySmarter Expert Advice🤫
We think this is how you could land BSM Analyst (9m FTC)
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like Principality. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace BSM Analyst (9m FTC)
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Principality.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Principality's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Principality
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Principality.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Principality will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Principality employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
