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Joining the team A proud mutual society you can depend on

Head of Financial Risk

The Organisation

Leek United Building Society is a highly admired financial services provider, strong, independent and deeply committed to its mutual status. And we’re investing in becoming even stronger.

It’s our focus on providing exceptional service that makes us stand out – more than 95% of our customers are satisfied with their experience of the Society. And we’re a super place to work – in a recent Best Companies survey, more than 8 out of 10 colleagues said they were proud to work for Leek United and would recommend us as a great place to work.

A core foundation of the Society’s strategy is to maintain a robust and fully embedded risk management framework underpinned by a highly skilled Risk & Compliance function. In particular, ensuring that capital, liquidity and market risk are managed effectively is fundamental to its long-term success.

An exciting opportunity has now arisen for a driven financial risk specialist looking to develop and broaden their experience as part of our Risk function’s senior management team.

The Role

As the Head of Financial Risk, you will be primarily responsible for the second line oversight of all financial risks with particular focus on capital, liquidity & funding and market risks. Reporting directly to the Chief Risk Officer, this is a high-profile role within the Society, forming part of the Risk function’s senior management team.  

Responsibilities include:

Ensuring that the framework for managing financial risk is robust and being adhered to at all times. Assisting the CRO in the maintenance and embedding of risk management practices, including the Risk Management Framework, whilst remaining abreast of all relevant prudential and financial regulatory developments, applying these to the Society as required to ensure compliance.

 

Required Skills & Experience:

You will have extensive knowledge and experience of managing financial risks including capital, liquidity, funding and market risks. This will be combined with a thorough understanding of prudential regulation, in particular those in relation to ICAAP, ILAAP & recovery planning. An understanding of financial products offered in the UK retail market and their implications for financial risks would be beneficial.

Key Benefits

·       Salary based on experience

·       Highly competitive salary and benefits commensurate with experience

·       35 hour working week with significant flexibility for home working

·       Contributory Stakeholder Pension Scheme

·       Life Assurance - 4 times your annual salary

To apply for this position, please complete the supporting information form and e-mail this along with your CV to recruitment@leekunited.co.uk or post to HR Department, Leek United Building Society, 50 St Edward Street, Leek, Staffordshire ST13 5DL.  (Tel: 01538 384151) (Strictly no recruitment agencies).

 

Closing Date – 29 January 2021

Interviews dates - TBC

Job Description – Head of Financial Risk

External Supporting Information form

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