Senior Treasury Analyst – Modelling and Analytics Team

As a Senior Treasury Analyst, you’ll be part of a team managing a suite of models used for a variety of purposes across their lifecycles within Treasury. We design, build and maintain our models in collaboration with model owners and relevant parts of the business, so you’ll get to see all stages of the model lifecycle. You’ll collaborate on projects led by senior team members and also take charge of managing some smaller projects independently.

This role is for those looking to take the next step after an entry level role. Therefore, we don’t expect you to have extensive knowledge of Treasury and model development. What you will have is accomplished analytical and coding skills in either Python or SAS, along with desire to learn and grow your skills in the other relevant areas.

The Modelling & Analytics team’s core purpose involves modelling across areas such as Capital, Liquidity, and Interest Rate Risk in the Banking Book (IRRBB). This means we have exposure to a broad range of different activities crucial to the way the Society operates and makes us a great place to learn about Treasury, Finance, Risk Management and Modelling. 

This role sits within the Treasury Balance Sheet Risk Framework and Modelling team which plays a crucial role in helping ensure Nationwide’s financial risks are managed appropriately to maintain the long-term stability of the Society whilst providing our members with the products they need.

We are happy to consider flexible working approaches to help you perform at your best.

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 London office. 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

Joining the team, you’ll work on projects led by more senior members of the team, whilst taking charge of managing some smaller projects independently, producing analysis and monitoring to support the delivery of development and reviews of the models our team is responsible for.

We have a variety of models used for a range of purposes (e.g. Pillar 2A Capital, Valuation, Stress Testing, Strategic decisions & Regulatory reporting) and covering a broad range of risks (e.g. Market, Liquidity, Product, Behavioural, Operational and Credit Risks). 

We recognise that you’re unlikely to be familiar with these topics so as you work on models, we’ll explain what they do and why we need them, to build your understanding of the risks we model, the technique we use, and the business area we operate in.

We’ll look to build on your existing skills in data analytics, and coding in SAS or Python through the work you undertake, whilst building up your treasury and/or modelling knowledge. We’re always looking for new ideas to improve efficiency and enhance outputs, so we encourage you to push for better and speak up if you have suggestions.
 

About you

As a minimum, you’ll have/be:

• Experience in data analytics, model building, or similar
• Experience working within a Treasury function
• Experience in a numerate discipline such as physics, maths or engineering
• A high level of IT literacy
• Experience with a coding language, e.g. SAS or Python
• Able to work to a high standard and experience managing workloads independently
• An inquisitive, analytical mind and experienced in problem solving on complex tasks

Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:

• Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind

• Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand

• Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development

• Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes

You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

• 25 days holiday, pro rata

• Access to private medical insurance

• A highly competitive pension to help you build a strong foundation for retirement

• Access to an annual performance-related bonus

• Training and development to help you progress your career

• A great selection of additional benefits through our salary sacrifice scheme

• Life assurance to provide peace of mind for you and your loved ones in the event of your death

• Wellhub – access to a range of free and paid options for health and wellness

• Up to 2 days of paid volunteering a year

Banking – but fairer, more rewarding, and for the good of society

We forge our own path at Nationwide.

As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.

If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.

At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community, we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.

We are purpose-driven. Uncompromisingly customer. Unstoppably Nationwide.

What to do next

If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us. 

We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.

Please note that should you be successful in securing this role, the job title on our internal systems will be Senior Treasury Analyst.