Job Description
Job description
Accountant - Financial Planning and Stress Testing
Location: Bournemouth or Swindon
Salary: Circa £45,000
This is a technical and varied role at the heart of the Financial Planning & Stress Testing (FP&ST) Team. As an accountant within the balance sheet and margin modelling team, you will be working as part of a team to run and manage scenario modelling, utilising the Society’s key financial planning tool (QRM). You will have the ability to prioritise tasks whilst at the same time supporting other members of the team to deliver in a fast paced environment.
Continuous improvement is at the heart of everything we do, and you will be influential in not only embedding efficiency into our processes and outputs but also progressing the agenda within the wider FP&ST Team.
Key deliverables for the team include the Group Financial Plan and Stress Testing activities which run throughout the year, Interest Rate Risk in the Banking Book (IRRBB) risk metrics which form part of our board risk appetite and several regulatory returns made on a quarterly basis. These activities will require collaborating with various key stakeholders across Finance to ensure our reporting and analysis is suitable to manage the Society’s Balance Sheet and earnings risk.
At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.
For this job you'll spend at least two days per week, or if part time you'll spend 40% of your working time, based at either our Swindon or Bournemouth office. If Bournemouth, you will need to attend the Swindon office on a monthly basis. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.
If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.
What you’ll be doing
You will be working as part of a team to deliver scenario forecasting to support the financial plan as well as internal and regulatory stress testing requirements. You will oversee the forecasting of multiple products, along with maintaining and improving MI reporting off the back of solo/group consolidation. Outside of forecasting periods, you will be supporting other BAU tasks, development of QRM and contributing to improving data transparency and MI reporting.
You will be responsible for improving the efficiency of your processes and delivering insight and analysis across a range of deliverables. You will play a key role in developing a robust controls environment to build confidence in the outputs that we produce.
We operate a flexible team structure which will also give you an opportunity to broaden your skillset and knowledge, supporting on other deliverables in the team as required, including the delivery of our ALCo, IRRBB and regulatory reporting.
About you
As a minimum requirement you’ll need to have:
• Experience of analysing financial data and discussing outcomes and opportunities
• Strong Excel skills including Pivot Tables and Lookups
• Drive and enthusiasm to continually deliver improvements
• Proven experience of working in a highly controlled environment
• A pro-active approach to managing workload and projects along with the ability to deal with and prioritise conflicting demands
Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.
• Say it straight - This is about being honest and direct with good intent and saying what needs to be said in the room. It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
• Push for better - This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
• Get it done - This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.
We know applying for jobs can sometimes feel like you’re sending an application into a black hole. We review each application individually. So, it’s a good idea to call out your most relevant experience on your application to give yourself the best chance.
The extras you’ll get
There are all sorts of employee benefits available at Nationwide, including:
• A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
• Up to 2 days of paid volunteering a year
• Life assurance worth 8x your salary
• A great selection of additional benefits through our salary sacrifice scheme
• Wellhub – Access to a range of free and paid options for health and wellness.
• Access to an annual performance related bonus
• Access to training to help you develop and progress your career
• 25 days holiday pro rata
What makes us different
Nationwide is the world’s largest building society. With over 15 million customers, we have a relationship with almost a quarter of the UK’s population. We’ve got the scale to compete with the big banks, but we’re not a bank.
As a building society, we’re owned by our members – that’s our customers who have their current account, mortgage or savings with us. It means we can do things differently to deliver our Purpose – Banking – but fairer, more rewarding, and for the good of society.
When you work at Nationwide, you can experience that difference for yourself. You’ll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You’ll also be joining us at an important time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don’t have to bank with a bank. They can choose a modern mutual instead.
Accountant - Financial Planning and Stress Testing
Location: Bournemouth or Swindon
Salary: Circa £45,000
This is a technical and varied role at the heart of the Financial Planning & Stress Testing (FP&ST) Team. As an accountant within the balance sheet and margin modelling team, you will be working as part of a team to run and manage scenario modelling, utilising the Society’s key financial planning tool (QRM). You will have the ability to prioritise tasks whilst at the same time supporting other members of the team to deliver in a fast paced environment.
Continuous improvement is at the heart of everything we do, and you will be influential in not only embedding efficiency into our processes and outputs but also progressing the agenda within the wider FP&ST Team.
Key deliverables for the team include the Group Financial Plan and Stress Testing activities which run throughout the year, Interest Rate Risk in the Banking Book (IRRBB) risk metrics which form part of our board risk appetite and several regulatory returns made on a quarterly basis. These activities will require collaborating with various key stakeholders across Finance to ensure our reporting and analysis is suitable to manage the Society’s Balance Sheet and earnings risk.
At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.
For this job you'll spend at least two days per week, or if part time you'll spend 40% of your working time, based at either our Swindon or Bournemouth office. If Bournemouth, you will need to attend the Swindon office on a monthly basis. If your application is successful, your hiring manager will provide further details on how this works. You can also find out more about our approach to hybrid working here.
If we receive a high volume of relevant applications, we may close the advert earlier than the advertised date, so please apply as soon as you can.
What you’ll be doing
You will be working as part of a team to deliver scenario forecasting to support the financial plan as well as internal and regulatory stress testing requirements. You will oversee the forecasting of multiple products, along with maintaining and improving MI reporting off the back of solo/group consolidation. Outside of forecasting periods, you will be supporting other BAU tasks, development of QRM and contributing to improving data transparency and MI reporting.
You will be responsible for improving the efficiency of your processes and delivering insight and analysis across a range of deliverables. You will play a key role in developing a robust controls environment to build confidence in the outputs that we produce.
We operate a flexible team structure which will also give you an opportunity to broaden your skillset and knowledge, supporting on other deliverables in the team as required, including the delivery of our ALCo, IRRBB and regulatory reporting.
About you
As a minimum requirement you’ll need to have:
• Experience of analysing financial data and discussing outcomes and opportunities
• Strong Excel skills including Pivot Tables and Lookups
• Drive and enthusiasm to continually deliver improvements
• Proven experience of working in a highly controlled environment
• A pro-active approach to managing workload and projects along with the ability to deal with and prioritise conflicting demands
Our Customer First behaviours are all about putting customers and members at the heart of how we work together. You can strengthen your application by showing the behaviours that resonate with you, and how you might have already demonstrated these.
• Say it straight - This is about being honest and direct with good intent and saying what needs to be said in the room. It’s also about being clear, precise, and using language that we and, importantly, our customers and members can understand.
• Push for better - This is about aiming high and constantly looking for better in how we work together and serve our customers and members.
• Get it done - This is about prioritising what will have the greatest impact, being decisive and taking accountability for delivering on the end-to-end outcome.
We know applying for jobs can sometimes feel like you’re sending an application into a black hole. We review each application individually. So, it’s a good idea to call out your most relevant experience on your application to give yourself the best chance.
The extras you’ll get
There are all sorts of employee benefits available at Nationwide, including:
• A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
• Up to 2 days of paid volunteering a year
• Life assurance worth 8x your salary
• A great selection of additional benefits through our salary sacrifice scheme
• Wellhub – Access to a range of free and paid options for health and wellness.
• Access to an annual performance related bonus
• Access to training to help you develop and progress your career
• 25 days holiday pro rata
What makes us different
Nationwide is the world’s largest building society. With over 15 million customers, we have a relationship with almost a quarter of the UK’s population. We’ve got the scale to compete with the big banks, but we’re not a bank.
As a building society, we’re owned by our members – that’s our customers who have their current account, mortgage or savings with us. It means we can do things differently to deliver our Purpose – Banking – but fairer, more rewarding, and for the good of society.
When you work at Nationwide, you can experience that difference for yourself. You’ll be part of a high-performing, purpose-driven organisation that offers rewarding career experiences and a highly competitive range of benefits to match. You’ll also be joining us at an important time as we seek to reach more and more people in the UK. We want everyone in the UK to know that they don’t have to bank with a bank. They can choose a modern mutual instead.
💡 Quick Summary
Seeking a career-building opportunity? The Accountant | Financial Planning and Stress Testing position is now open for candidates interested in the Accountant Jobs sector. This role in Bournemouth offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.