Finance Manager - Stdf: Framework & Policy Lead

As a Finance Manager you will be responsible for the Framework and Policy of our Stress Testing Data Framework (STDF) submissions to the Prudential Regulation Authority (PRA).
Leading on the development, maintenance, and updating of the STDF framework and policies, ensuring compliance with regulatory requirements and industry best practices.
Your role will involve working with stakeholders to facilitate accurate data collection, validation, and reporting as well as providing training, and communicating policy changes.
Additionally, you will oversee the process for stress testing data submissions, continuously improving the efficiency of the STDF framework and policies.
To excel in this role, you will have experience of financial regulation and policy management, excellent communication skills, and proven experience in managing projects and processes.
Attention to detail, the ability to work effectively with cross-functional teams, and strong problem-solving skills are essential.
Experience in managing key controls to ensure compliance and mitigate risks is also crucial.
This role sits within the Financial Planning & Stress Testing team which plays a vital role in ensuring Nationwide remains Built to Last, by running a year-round financial planning and stress testing programme that helps senior management really understand risks and vulnerabilities facing the Society.
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 either our office in Swindon or in 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 As the STDF Framework and Policy Lead, you will oversee the coordination and management of our stress testing data submissions for both actuals and projections returns.
Your primary focus will be on managing the STDF framework and policies, ensuring compliance across the organisation throughout our submission cycle, and keeping all relevant teams updated on any changes in requirements.
Key Responsibilities: Framework and Policy Management : Develop, maintain, and update the STDF framework and policies, ensuring they align with regulatory requirements and industry best practices.
Compliance Oversight : Ensure that all teams adhere to the established STDF policies and procedures, conducting regular audits and assessments to identify and address any compliance issues.
Stakeholder Collaboration : Work with various stakeholders to ensure they understand and comply with STDF requirements.
Provide guidance and support to facilitate accurate data collection, validation, and reporting.
Training and Communication : Conduct training sessions and provide resources to educate team members on STDF policies and any updates.
Ensure clear and effective communication of policy changes across the organization.
Process Management : Oversee the process for stress testing data submissions, ensuring that all steps are followed correctly and efficiently.
Monitor and analyse data quality metrics to identify areas for improvement.
Regulatory Compliance : Stay updated with regulatory changes and industry trends related to STDF, incorporating relevant updates into the framework and policies.
Process Improvement : Continuously evaluate and improve the efficiency of the STDF framework and policies.
Implement strategies to streamline processes, reduce redundancies, and enhance overall effectiveness.
About you As a minimum requirement, you will: Hold a degree in finance , Economics, Data Science, or a related field.
Show experience in regulatory compliance and the ability to interpret and implement financial regulations.
Exhibit excellent communication skills to effectively collaborate with cross-functional & external stakeholders teams and present findings to senior management.
Have a proven track record of implementing data governance policies and ensuring data quality.
Display strong project management skills with the ability to manage multiple tasks and deadlines efficiently.
Possess a high level of accuracy and attention to detail with the ability to interpret complex data sets and provide actionable insights.
Experience in managing key controls to ensure compliance and mitigate risks.
Ability to design, implement, and monitor control mechanisms effectively.
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.
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.
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