Country: United Kingdom
IT STARTS HERE
Santander (www.santander.com) is evolving from a global, high-impact brand into a technology-driven organisation, and our people are at the heart of this journey. Together, we are driving a customer-centric transformation that values bold thinking, innovation, and the courage to challenge what’s possible.
This is more than a strategic shift. It’s a chance for driven professionals to grow, learn, and make a real difference.
Our mission is to contribute to help more people and businesses prosper. We embrace a strong risk culture and all our professionals at all levels are expected to take a proactive and responsible approach toward risk management.
THE DIFFERENCE YOU MAKE
CFO is looking for a Accounting Manager based out of Milton Keynes.
This role is on a fixed term contract for 12 months.
As an accounting manager, you’ll play a vital role in ensuring the accuracy, reliability and integrity of our numbers. By reporting financial information in a timely manner, you will help the organisation meet its key deadlines.
We are looking for a motivated and passionate Accounting Manager to support our Senior Manager to ensure the timely and accurate completion of Retail IRB RWA calculations for both local and group stakeholders. You will work closely with the change team to implement any regulatory, risk or capital change initiatives and will provide support and guidance to 1 direct report.
To be successful in this role, you’ll require high level of numeracy and accuracy skills. As an Accounting Manager, you will be responsible for the Retail IRB calculations and will be the capital subject matter expert on the 6 models that sit within the area.
We’re shaping the way we work through innovation, cutting-edge technology, collaboration and the freedom to explore new ideas. To succeed in this role, you will be responsible for:
- Monthly preparation of Retail IRB RWA calculations.
- Variance analysis and presentation of key metrics.
- Monthly set up and maintenance of the Group parameterisation engine.
- Preparation of quarterly C08 COREP templates, annual C15 COREP template and ACRMD tables.
- Continuous process improvement and implementation of change related to Retail IRB models.
- Managing 1 direct report.
WHAT YOU’LL BRING
Our people are our greatest strength. Every individual contributes unique perspectives that make us stronger as a team and as an organisation. We’re enabling teams to go beyond by valuing who they are and empowering what they bring.
The following requirements represent the knowledge, skills, and abilities essential for success in this role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Professional Experience:
- Excellent knowledge of Retail and/or Non-Retail IRB Models (Required)
- Experience of working with Group BDR and Avalon Datalake (Required)
- Excellent analytical skills and attention to detail (Required)
- Knowledge of SAS and ability to interrogate large volumes of data (Required)
- Excellent numerical ability and the use of excel is imperative (Required)
- Ability to communicate effectively with key stakeholders (Required)
- Ability to work in a dynamic environment (Required)
- Experience of managing direct reports (Required)
Education:
- ACCA or CIMA Qualification (or equivalent) (Required)
Hard Skills:
- Experience of regulatory capital reporting, including calculation of RWA (Required)
- Experience of working to tight deadlines with multiple internal data providers is crucial for this position (Required)
- Experience of implementing model changes (Preferred)
- Experience of presenting at committees and forums (Preferred)
WE VALUE YOUR IMPACT
At Santander, your contribution matters. We recognise the difference you make every day, and we make sure you feel valued, supported and rewarded in return.
Here, recognition goes beyond pay. It’s about the pride you feel in your work, the impact you have on customers and communities, and the opportunities you have to grow and thrive — personally and professionally.
Salary Range:
£53,500.00 - £80,250.00 per annum (depending on experience)
This salary range represents the expected remuneration for the role. Annual salary is based on a standard 35-hour working week. Actual salary offered will depend on skills, experience, qualifications and location.
- Competitive rewards that reflect the real impact you make and the value you bring.
- Wellbeing that goes beyond work — we work with a range of wellbeing partners across our 4 pillars of wellbeing (physical, mental, social and financial) to give you access to a suite of apps, discounted gym and fitness access, weekly online classes, flexible healthcare and mental health support.
- Support for every life stage — from menopause and pregnancy to parenthood and beyond, with enhanced family leave, childcare options and tailored wellbeing support.
- Time to give back through volunteering opportunities that let you make a difference in the communities we serve.
- Global growth opportunities to shape your career, learn new skills and explore what’s possible across our international network.
Ready to be recognised? It starts with you.
LOCAL COMPLIANCE
At Santander, we’re proud to be an inclusive organisation that provides equal opportunities for everyone — regardless of age, gender, disability, civil status, race, religion or sexual orientation.
We’re committed to creating a recruitment experience that’s accessible, fair and welcoming for all candidates.
We want our people to thrive — at work and at home — while delivering the best outcomes for our customers and supporting each other to grow.
To make this possible, our roles are site-based with a hybrid working pattern, where colleagues are expected to attend the office at least 12 days per month (pro-rata for part-time roles).
When applying, please consider the travel distance, time and cost to your chosen office location.
WHAT TO DO NEXT
If this sounds like a role you are interested in, then please apply.
For further Guidance please visit Internal Mobility - Candidate Guidance.
If you want to know more about the opportunity:
Please contact Emma Houghton - emma.houghton@santander.co.uk
#LI-DNI
Accounting Manager | S3 | CFO | Capital Reporting | Milton Keynes | Internal Mobility employer: Santander UK
Santander UK is an exceptional employer that champions inclusivity and diversity, making it a fantastic place for professionals in the banking sector. With a strong commitment to employee growth and development, staff are encouraged to pursue meaningful career paths while enjoying a supportive work culture that values collaboration and innovation. Located in a vibrant city, employees benefit from a dynamic environment that fosters both personal and professional advancement.
