Senior Finance Analyst

The one constant in business is change. We are looking for an individual who can really make a difference delivering change in Nationwide’s finance function, working in a diverse and friendly team of professionals. The work we do keeps Nationwide’s reporting to our regulators best in class and we are looking for an individual to join our growing team and contribute to an ever evolving culture of change within finance.

This role is for an analyst that is passionate about collaborating with developers and business designers to solve challenges. They will not be afraid to get involved in discussions and offer solutions based on their experience.

The keys to success in this role are:

• Being self-motivated individual who takes pride in delivering value to business stakeholders
• Enjoying the challenge of working in the details to solve complex problems, and
• Assessing the wider picture of how systems and data fit together across the society.
• An inquisitive mindset and desire to learn how a building society manages risk

The value stream works under an agile framework, focussing on 2-week sprints where each team member delivers value towards the overall project goals. The team currently has four main deliverables, and you will be involved in each of them.

• Development of a new asset dataset and update to Capital reporting for new regulation due early 2025.
• Design and build of a mortgage pipeline dataset and suite of reports to be used across Finance for regulatory reporting and enhancing Treasury hedging processes.
• Development of a digital solution to enable reporting of corporate tax to HMRC
• Efficiency and data quality improvements to Treasury hedging processes.

In this role you’ll get to experience how regulatory-driven changes impacts our Financial Risk categories and our Society-wide reporting. You’ll establish strong relationships with key stakeholders across the entire organisation. You’ll be able to deep dive into finance specific business areas to understand and enhance their reporting capabilities.

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, at one of our offices in Swindon or London.

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 in the Regulatory Reporting Value Stream, on the change projects that will build our strategic vision for reporting within Finance. You will be involved in building new reporting infrastructure, data and tools.

You’ll need to be flexible in your approach as your focus shifts between different projects at different stages and be able to keep pace in a challenging and changing environment. You will need to be an initiative-taker with the ability to build technical knowledge quickly.

The Bank of England is set to publish its policy statement on the Basel 3.1 implementation later in 2024, which is the largest impact change in regulatory Capital reporting in years. You will be helping the team deliver the changes in Capital reporting due in early 2025.

During this you will work with the Treasury Capital reporting team to interpret change in regulatory requirements, analyse and understand the data available and use this to develop the solution. You will be working alongside SAS developers in the team to help them understand, build, and test the new solution. You’ll work with business designers to ensure the solution meets the governance standards required within a financial service.

On the Making Tax Digital project, you will work with business designers and stakeholders to build upon high level requirements, working out the finer details and support on implementing a digital solution that will improve overall tax reporting processes.

This role will be great for those who want to learn more about the range of risks that impact the reporting function across a building society’s finance and treasury teams.

About you

The ideal candidate will be friendly, approachable, technically minded and looking to progress their career & knowledge in Finance and Project Change. They will be interested in how this role fits into the wider Society. They will be pragmatic, valuing a range of viewpoints and providing positive and constructive feedback. They will be able to conduct detailed analysis such as defining specific business rules to pass onto developers and support them to understand what these rules mean. They will also be able to step back from the detail and reflect on the bigger picture to deliver the right outcomes for our stakeholders and Nationwide as a whole.

As a minimum you’ll have:

• Advanced Excel skills
• Strong analytical abilities which you will use to perform testing on complex requirements
• Experience of communication with stakeholders at all levels and challenging when required.
• Track record of delivering change or automation in a finance or treasury reporting environment, working to deadlines and reprioritising when required.

It would be nice if you have:

• Experience with VBA and PowerBI
• Experience in a finance reporting function, ideally in a banking or treasury environment
• Knowledge of corporate tax reporting frameworks
• An accounting or tax professional qualification

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
• Gympass – 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. 

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.

#LI-POST