At a Glance
- Tasks: Lead financial modelling and analysis for strategic decision-making in a dynamic banking environment.
- Company: Join Chetwood Bank, a forward-thinking digital bank focused on innovation.
- Benefits: Enjoy competitive salary, 25 days holiday plus your birthday off, and hybrid working.
- Other info: Collaborative culture with opportunities for personal and professional growth.
- Why this job: Make a real impact by supporting key financial decisions and enhancing modelling frameworks.
- Qualifications: Qualified Accountant with experience in financial modelling and strong analytical skills.
The predicted salary is between 70000 - 90000 £ per year.
Reporting to the Head of Financial Modelling, the Financial Modelling Manager will be responsible for the development, maintenance and governance of the Group's financial modelling framework, supporting key accounting, treasury, valuation and strategic decision-making activities. You will lead the modelling and analysis underpinning hedge effectiveness, effective Interest Rate (EIR) calculations, as well as providing cash flow modelling support for investment valuations and transaction assessments across the Group's lending and treasury portfolios. You will provide commercial support to the evaluation of new lending opportunities, structured finance transactions and strategic initiatives, ensuring management and the board are provided with high-quality financial analysis to support decision making.
Key Responsibilities
- Support the development, maintenance and enhancement of the group's financial models.
- Ensure models remain appropriately documented, controlled and governed in line with internal policies and regulatory expectations.
- Develop automated modelling solutions to improve efficiency and reduce operational risk.
- Support model validation activities and independent model reviews.
- Support the methodology and operation of the Group's EIR models.
- Maintain key assumptions including redemption rates, customer behaviour and expected cash flow profiles.
- Support periodic reviews of model assumptions and performance monitoring.
- Support the operation and maintenance of hedge accounting models and supporting calculations.
- Perform hedge effectiveness testing and ongoing monitoring activities.
- Support treasury and finance teams in assessing new hedging strategies and transactions.
- Ensure compliance with IFRS hedge accounting requirements and internal governance standards.
- Support external audit reviews and regulatory requests relating to hedge accounting.
- Develop and maintain behavioural cash flow forecasting models across lending, funding and treasury portfolios.
- Help develop and maintain financial models to evaluate ROE across the inorganic portfolio, bond and asset acquisitions.
- Support liquidity forecasting, funding strategy and balance sheet management activities.
- Analyse customer behaviour and portfolio performance to improve forecasting accuracy.
- Provide scenario analysis and stress testing to support investment decision making.
- Support the assessment of new investment opportunities, warehouse facilities, structured finance transactions and strategic initiatives.
- Actively take part in commercial negotiations of pool acquisitions, forward flow and senior warehouse lines.
- Develop discounted cash flow, valuation and scenario analysis models.
- Provide cash flow modelling support to wholesale division heads and aid in the structuring of warehouse transactions.
- Prepare analysis and recommendations for senior management and board committees.
- Manage, coach and develop the Financial Modelling Analyst.
Skills, Knowledge and Expertise
- Qualified Accountant (ACA, ACCA, CIMA), equivalent quantitative finance qualification or able to demonstrate qualification by experience.
- Degree in Mathematics or a related discipline.
- Experience within banking or financial services.
- Experience developing and maintaining complex financial models.
- Strong understanding of discounted cash flow modelling and valuation techniques.
- Experience of cash flow forecasting and scenario modelling.
- Experience presenting complex financial analysis to senior stakeholders.
- Experience of hedge accounting under IFRS.
- Experience of Effective Interest Rate (EIR) modelling.
- Experience within treasury, banking, lending or structured finance environments.
- Experience supporting transactions, securitisations or funding structures.
- Advanced Microsoft Excel modelling skills.
- Strong VBA and Excel automation capabilities.
- Experience using Python for financial modelling, automation and data analysis.
- Ability to interpret and manipulate large and complex datasets.
- Experience with Power BI or other visualisation tools.
- Experience with treasury management systems and financial reporting platforms.
- Collaborative and able to influence stakeholders at all levels.
- Able to balance technical accuracy with commercial pragmatism.
Benefits
- Competitive salary
- 25 days holiday PLUS your BIRTHDAY off
- Pension contribution with Royal London
- Life Assurance
- Private medical, dental and optical health insurance with Axa
- Hybrid working
- Free breakfast available
About Chetwood Bank
We're a UK-based digital bank dedicated to getting the basics right and offering straightforward savings and mortgages.
Financial Modelling Manager - London employer: What Jobs
Chetwood Bank is an exceptional employer, offering a dynamic work environment in the heart of London where innovation meets collaboration. With competitive salaries, generous holiday allowances including your birthday off, and comprehensive health benefits, we prioritise employee well-being and professional growth. Our hybrid working model and commitment to developing talent ensure that you can thrive both personally and professionally while contributing to meaningful financial solutions.
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We think this is how you could land Financial Modelling Manager - London
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We think you need these skills to ace Financial Modelling Manager - London
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