At a Glance
- Tasks: Support capital stress testing and enhance regulatory compliance for strategic decision-making.
- Company: Join Secure Trust Bank, a diverse and award-winning financial institution.
- Benefits: Enjoy a competitive salary, flexible working, and 25 days annual leave plus your birthday off.
- Other info: Collaborative environment with opportunities for professional growth and recognition.
- Why this job: Make a real impact in a purpose-driven organisation while developing your career.
- Qualifications: Qualified Accountant preferred with strong analytical and communication skills.
The predicted salary is between 50000 - 60000 £ per year.
Salary: £50,000 - £60,000
Location: Solihull (with hybrid working)
Hours: 35 hours per week
About the company
Our customers are at the heart of everything we do, but we can't achieve our customer focused strategy without the right people in our team. At Secure Trust Bank, we know that people are our biggest asset, which is why a career with us is not just a job. It's the chance to be part of something bigger, to add real value to the Bank and help us constantly improve. We believe in giving our staff autonomy, with initiative and exceptional performance recognised through a variety of individual and team awards and incentives. All our employees have a tangible impact on the Group's core values, and we are looking for candidates who are enthusiastic, proactive and enjoy working in a fast-paced environment.
Why Join Us?
- A competitive salary and benefits package including discretionary bonus
- Matched pension contributions
- 25 days annual leave plus bank holidays and your birthday off, on us!
- A monthly wellbeing hour to spend doing whatever makes you happy
- A wide range of flexible benefits from Cycle2Work to private healthcare
- Life assurance
- Paid volunteering days and matched charity fundraising
- A collaborative and flexible working environment.
- Opportunities for professional development and career progression.
- A chance to make a real impact in a regulated, purpose-driven organisation.
What you’ll be doing
We are seeking a motivated and detail-oriented professional to support the development, delivery and continuous enhancement of the Group's ICAAP, Recovery Plan and Resolution Pack. The role plays a key part in ensuring that capital reporting, planning, forecasting and stress testing activities are robust, accurate and fit for purpose, supporting both strategic decision-making and regulatory compliance. Working across the business, you will help strengthen the Group's capital management framework, providing insight and analysis that ensures the organisation remains well-positioned to meet its financial objectives and evolving regulatory requirements.
- Support the ICAAP and Recovery Plan delivery, engaging with key stakeholders including Risk, Finance & Treasury, Internal Audit and Divisional Leads as required.
- Timetabling and Governance
- Updating stress testing approach and provide oversight of stress testing model development
- Review and challenge of stress testing results
- Preparation of milestone committee papers
- Ensure challenges are logged and actions addressed
- Support SREP preparation
- Manage the end-to-end preparation of Recovery Plan fire-drill materials
- Perform Recovery Indicator and Recovery Options reviews
- Produce high-quality written documents throughout the ICAAP, Recovery Plan and Resolution Pack process
- Support the maintenance, update, and refresh of regulatory capital forecasts periodically and in response to business & regulatory changes
- Scenario Forecasting and Reporting: Support in development of a suite of point in time and forecast scenarios reporting and analysis, producing insight and oversight to the Assets and Liabilities Committee (ALCO)
- Produce Capital MI for ALCO and support the COREP review process
- Maintain relevant knowledge and support the Group's prudential horizon scanning group
- Support the delivery and be a key contributor to capital projects such as SDDT and Basel 3.1 implementation
- Work with the Strategy and Corporate Development team to support capital optimisation initiatives from a regulatory capital analysis perspective
What we’re looking for
- Qualified Accountant (ACA/CIMA/ACCA) preferable
- CertBALM, ACT, FRM, PRM are beneficial but not required
- IFR9 expected credit losses principles and practical application
- Bank Regulatory capital or risk experience, either in industry or an advisory/assurance capacity
- Financial planning, forecasting and modelling for a financial services business
- Practical working knowledge of banking & financial service organisations and understanding of financial products.
- Highly numerate, analytical and methodical
- Ability to organise, manage and prioritise work in order to deliver to tight deadlines.
- Experience presenting analysis and recommendations to management.
- Excellent written and verbal communication.
- Embraces change and drives process improvement.
Everyone is different. Everyone is valued.
As part of our vision to become the most trusted specialist lender in the UK, we’ve been helping customers and businesses fulfil their ambitions since 1952. In that time, we’ve learned that we’re more than the sum of our parts. We’re a strong Group because of our people being our strength; specialist, expert, ambitious and also diverse. All of our people are different and this is something we celebrate. Every one of our employees brings unique talent, ability and perspective to their role. That’s why Secure Trust Bank Group nurtures differences. We understand that we perform better because we’re not cast from the same mould. We actively embrace and support diversity, work with leading industry bodies and promote initiatives that reinforce our philosophy of giving you the freedom to be who you are.
We’re an award-winning bank providing savings accounts and lending services to over one million customers. We’re Secure Trust Bank Group. We embrace difference.
Senior Capital Stress Testing Analyst in Birmingham employer: Secure Trust Bank Ltd
At Secure Trust Bank, we pride ourselves on fostering a supportive and inclusive work culture that prioritises employee well-being and development. With a focus on hybrid working arrangements in Solihull, we offer our team members the flexibility to balance their professional and personal lives while providing ample opportunities for growth and advancement within the organisation. Join us to be part of a dedicated team where your contributions truly matter and where you can make a meaningful impact on our customers' experiences.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Capital Stress Testing Analyst in Birmingham
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We think you need these skills to ace Senior Capital Stress Testing Analyst in Birmingham
Some tips for your application 🫡
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How to prepare for a job interview at Secure Trust Bank Ltd
✨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 Secure Trust Bank Ltd.
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Before your interview, reach out to current or former Secure Trust Bank Ltd 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.
