ABOUT THE TEAM

Do you know the difference between an ILAAP and an ICAAP?
Do you love developing models and/or have experience of using systems like Focus?
If so then the Market and Liquidity Risk team would love to hear from you. The team supports the bank by ensuring that all bank activities adhere to internal and regulatory risk appetite requirements, providing oversight and challenge to other departments and strategic initiatives as required.

ABOUT US

We offer a competitive salary dependent on experience and a competitive benefits package including:

• Discretionary annual bonus opportunity of up to 15%
• 28 days annual leave plus bank holidays
• Contributory pension (8% employer 5% employee)
• Life Assurance (4x salary) plus Group Income Protection
• Access to Private Medical Insurance and Medical Cash Plan
• Additional benefits such as Hybrid working, Cycle Purchase scheme, Technology Purchase scheme, Season Ticket Loan, Holiday purchase / sell schemes, Employee Perk Portals, Payroll giving and Save as you Earn scheme

DO YOU HAVE THE SKILLS?

We are looking for talented individuals who have the experience and knowledge set out below:

• Previous work experience in managing risks associated with business assets and liabilities (liquidity and/or IRRBB) is essential
• Strong knowledge and understanding of the measurement and management of liquidity risk, a focus on retail savings particularly helpful
• Qualifications in or working towards Professional ALM risk management qualification (ALMA) desirable

We also believe that your career and how you progress is as unique as your individual personality. We continually support our people so they can become the best version of themselves.

WHAT YOU WILL BE DOING?

The OSB Group is a FTSE 250 specialist mortgage lender, primarily focused on carefully selected segments of the mortgage market.
Our specialist lending is supported by our Kent Reliance and Charter Savings Bank retail savings franchises. Diversification of funding is provided by sophisticated securitisation platforms. OSB’s unique cost-efficient operating model is supported by our wholly-owned subsidiary OSBIndia.
Alongside passion for our products and customers, we’re passionate about our people and want to continue building a collaborative and engaging environment. Being dedicated to Diversity, Equity and Inclusion, we encourage differences and recognise that individuals from diverse backgrounds and experiences can bring valuable insights and enhance the way we work. This is supported by our Diversity, Community and Environment Employee Engagement Networks and our commitment to the Women in Finance Charter and Women in Leadership Programme.

Your responsibilities will include…

• Developing management information for market and liquidity risk reporting to executive and Board, manage production of reports, and review outputs, oversee MI submission to ALCO as well as other management committees
• Supporting major planning efforts, such as the Individual Liquidity Adequacy Assessment Process (ILAAP) and the Individual Capital Adequacy Assessment Process (ICAAP)
• Performing analysis and propose Board risk appetite updates for market and liquidity risk.
• Performing second line thematic/deep dives reviews with focus on liquidity and market risk regulatory returns and regulatory guidance application
• Develop, implement and operate “Leading Practice” analytical models, including Stress Tests, Forecasts and “What if” tools
• Lead on Risk input on ALM / Treasury system migration and upgrades
• Line management of 1 or 2 Risk Analyst