At a Glance
- Tasks: Manage recovery planning and resolution activities while ensuring regulatory compliance.
- Company: Join YBS, a member-focused society that values people over shareholders.
- Benefits: Enjoy flexible working, 25 days holiday, bonuses, and comprehensive health benefits.
- Why this job: Be part of a supportive culture that encourages personal growth and inclusivity.
- Qualifications: Strong knowledge of UK banking recovery practices and excellent communication skills required.
- Other info: Hybrid working options available from our Leeds City Centre Head Office.
The predicted salary is between 43200 - 72000 £ per year.
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YBS has an exciting new opportunity for a Recovery & Resolution Manager to join our Balance Sheet Management Function. The successful candidate will be responsible for the support of the ongoing delivery of the Society’s recovery and resolution planning activities, ensuring alignment with regulatory expectations and internal frameworks.
This role will be based in our Leeds City Centre Head Office, with flexible, hybrid working from home capability.
As a Recovery & Resolution Manager you will
- Support the delivery of the Society’s recovery planning activities, including maintaining the recovery plan, early warning indicators and related frameworks.
- Be an SME representing Balance Sheet Management on recovery & resolution related matters across the society.
- Coordinate the development and operationalisation of resolution capabilities that befit the size of the Society both now and in the future, and fulfil regulatory expectations
- Support and coordinate stakeholder engagement activities to ensure clear communication and effective input throughout recovery and resolution planning processes.
- Ensure that processes, controls, and capabilities to support robust recovery planning and resolution activities are maintained, regularly reviewed and improved in line with internal policies and external regulations.
- Develop and maintain key external and internal relationships which create value, collaborating to deliver commercial and customer priorities.
About you-
- You will have strong knowledge of recovery and resolution activities within the UK banking environment.
- A good understanding of recovery planning best practices and how they integrate with other prudential risk frameworks (e.g. ICAAP, ILAAP).
- Familiarity with the Bank of England’s Resolvability Assessment Framework (RAF) and self-assessment and disclosure activities.
- Previous experience in supporting the implementation and management of efficient processes and controls.
- A knowledge of broader Balance Sheet Management principles such as capital and liquidity risk management.
- You will have the ability to communicate complex concepts to stakeholders across the organisation, as well as the ability to work with autonomy and make operational decisions.
About us
At YBS we don’t have shareholders, we have members. We care about people and that includes you. So here, you’ll be respected for who you are, you’ll be able to bring your whole self to work, and you’ll have everything you need to build a long and rewarding career.
Flexibility. We offer a range of flexible working options without unsocial hours, which can help you find a healthy work-life balance. Whether it’s finishing early for an appointment or fitting your studies and hobbies in around your working hours, we can help make it work for you. We’re happy to talk flexible working and you can reach out to us anytime to discuss this during the recruitment process.
Development. We want you to feel challenged here. Whatever your ambitions, we’re committed to helping you develop your skills and move ahead in your career journey. From day one, we’ll set you up for success with a brilliant induction and full training plan, all designed to get you up to speed quickly.
Inclusivity. We’re passionate about creating an inclusive environment where everyone is welcome and able to be themselves. If you’ll go the extra mile to help our members, you’ll fit right in and feel you belong here.
About our Benefits
We offer lots of fantastic rewards that you can make the most of in and out of work, including:
- Holiday. You’ll get 25 days plus Bank Holidays, as well as the option to buy up to a further 5 days.
- Bonus. At YBS we work collaboratively and share in our success together, so when we reach our goals were all rewarded with an on target bonus of 7% of eligible pay (with the opportunity to earn up to a maximum 15%).
- Pension. We know how important it is to save towards the future, that’s why we’ll contribute up 11% into your YBS pension.
- Healthcare. Health and wellbeing are an important part of life at YBS, when you join us you’ll have access to a range of health benefits to suit your life including private medical insurance, dental and healthcare plans.
- My Benefits. When you join YBS you’ll have access to our self-service benefits portal, where you can access a range of retail, hospitality and health discounts.
Ready to apply?
If you’re excited about this role and want to be part of the YBS team, click apply now to send us your application.
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Recovery & Resolution Manager employer: Yorkshire Building Society
Contact Detail:
Yorkshire Building Society Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Recovery & Resolution Manager
✨Tip Number 1
Familiarise yourself with the Bank of England's Resolvability Assessment Framework (RAF). Understanding this framework will not only help you in interviews but also demonstrate your commitment to staying updated on regulatory expectations.
✨Tip Number 2
Network with professionals in the banking sector, especially those involved in recovery and resolution planning. Engaging with industry experts can provide insights into best practices and may even lead to referrals.
✨Tip Number 3
Prepare to discuss your experience with recovery planning and how it integrates with other risk frameworks like ICAAP and ILAAP. Being able to articulate this clearly will set you apart from other candidates.
✨Tip Number 4
Showcase your ability to communicate complex concepts effectively. Practice explaining recovery and resolution strategies in simple terms, as this skill is crucial for engaging with stakeholders across the organisation.
We think you need these skills to ace Recovery & Resolution Manager
Some tips for your application 🫡
Understand the Role: Before you start writing your application, make sure you fully understand the responsibilities and requirements of the Recovery & Resolution Manager position. Tailor your application to highlight how your skills and experiences align with the job description.
Highlight Relevant Experience: In your CV and cover letter, emphasise your knowledge of recovery and resolution activities within the UK banking environment. Provide specific examples of your previous experience that demonstrate your ability to manage processes and controls effectively.
Showcase Communication Skills: Since the role requires communicating complex concepts to various stakeholders, include examples in your application that showcase your strong communication skills. Mention any relevant experiences where you successfully engaged with different teams or departments.
Tailor Your Cover Letter: Craft a compelling cover letter that not only expresses your enthusiasm for the role but also addresses how you can contribute to YBS's recovery planning activities. Make sure to mention your understanding of regulatory expectations and how you can help maintain robust processes.
How to prepare for a job interview at Yorkshire Building Society
✨Understand Recovery & Resolution Planning
Make sure you have a solid grasp of recovery and resolution planning activities, especially within the UK banking environment. Be prepared to discuss how these practices integrate with other prudential risk frameworks like ICAAP and ILAAP.
✨Showcase Your Stakeholder Engagement Skills
Since the role involves coordinating stakeholder engagement activities, think of examples where you've effectively communicated complex concepts to various stakeholders. Highlight your ability to ensure clear communication throughout planning processes.
✨Demonstrate Your Knowledge of Regulatory Expectations
Familiarise yourself with the Bank of England's Resolvability Assessment Framework and be ready to discuss how you would ensure compliance with regulatory expectations in your role. This shows that you are proactive and knowledgeable about industry standards.
✨Prepare for Autonomy and Decision-Making
The role requires working with autonomy and making operational decisions. Think of instances where you've successfully made independent decisions in previous roles, and be ready to share these experiences during the interview.