Senior Manager - Liquidity Management

An exciting opportunity has arisen to join the Society's Balance Sheet Management team as the Senior Manager of Liquidity Management. This is a brand-new role and provides the opportunity to lead the development and embedding of the Society's Liquidity Management capabilities. This is an amazing opportunity for someone who wants to shape a highly important area for the business. This team’s work led by the Senior Manager has the potential to shape the Society’s balance sheet trajectory as we deliver on our ambitious strategy to provide more members with ‘Real Help for Real Life,

About the role

• Lead the Society’s liquidity risk management, with functional ownership of the Society’s liquidity risk policy, risk appetite setting and monitoring.

• Accountable for all aspects of the Society’s internal liquidity reporting, analysis, forecasting and strategy.

• Accountable for the delivery of the Society’s annual Internal Liquidity Assessment Process (ILAAP)

• Responsible for liquidity regulatory reporting, ensuring that this is performed as part of a well-controlled process.

• Coordinate the Society’s ALCO, including the production of MI and secretariat support.

• Ensure the Society is iteratively improving its liquidity management capabilities, and on that basis define, develop, and deliver the priorities and plans for the liquidity management team.

• Accountable for ensuring that stakeholders (incl. Board and the PRA) are adequately engaged in the Society’s liquidity position and management strategy.

• Ensure the Society has the appropriate processes, controls, and capabilities to support robust liquidity management.

About you

• A driven people leader who thrives on building and leading a high-performing technical team

• Expert knowledge of liquidity risk management, including risk appetite setting and ILAAP production.

• Excellent understanding of liquidity regulation and related regulatory reporting, including Pillar 3 disclosures.

• Strong understanding of efficient process and control embedding and management.

• Good knowledge of broader the Balance Sheet Management/Treasury discipline including capital, funding, stress testing and recovery and resolution.

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.

Want more information?

If you have any questions about this role, please contact Tazafia Mahmood at tmahmood@ybs.co.uk