Financial Planning & Capital Analyst



Ref: 2081Monday 24 June 2024

Up to £44k dependent on experience

Financial Planning & Capital Analyst

Newbury / Hybrid (minimum 2 days per week in the office)

Up to £44k + benefits


Every employer is not the same and who you work for and what that environment looks like is the difference between any job and a great job.  Working for the Newbury Building Society, we are committed to ensuring that we have a first class Finance team and are recruiting for a Financial Planning & Capital Analyst.   The role is new to the business and we are looking for a highly numerate individual who has strong modelling skills and wants to forge a career within a strategic financial planning and analytical role.


What will you be doing as the Financial Planning & Capital Analyst?


The purpose of the role is to support the Head of Treasury with production of the Society Corporate Plan and quarterly reforecasts, and development of forecast scenarios, and to complete stress testing for inclusion within the ILAAP and ICAAP. The role will include ownership and development of the Society’s forecasting model and involve engaging with stakeholders across the business to share insights and support business decision making.  Responsibilities include:

  • Corporate Plan and Reforecasting: Completing monthly forecast actualisation and quarterly corporate plan reforecasts, maintain and developing the models used for planning and forecasting.
  • Scenario Forecasting: Support in development of a suite of forecast scenarios, producing insight and analysis presented to  the Assets and Liabilities Committee.
  • Stress Testing: Own and develop the Society stress testing models, developing a suite of ad hoc stress scenarios, using analysis from Corporate Plan, the ICAAP, and the ILAAP, and provide detailed insight and analysis on learnings.
  • Treasury Support: Provide wider ad hoc support to the Head of Treasury, as appropriate, developing understanding of core Treasury activities to be able to act as cover for absence, when required.


Key skills & experiences required of the Financial Planning & Capital Analyst:


  • Academic background in Mathematics or Economics or similar highly numerate subject, you will have the ability to highlight areas for improvement and a passion for the interrogation of financial information
  • Proven practical background in an analytical role within the financial sector, or similar
  • Excellent written and verbal communication skills with proven abaility to build relationships and manage stakeholders up to Board level
  • Advanced Excel skills
  • It would be advantageous (but not essential) if you were working toward (or obtained) a professional finance qualification and had some knowledge of capital planning


Why work for Newbury Building Society?


  • We care about our communities – as well as providing financial services, we get involved in supporting our local communities. This means regular opportunities to volunteer, fundraise, and help with community events and activities. We also give all our employees two paid days of volunteering every year to help with causes they feel passionately about.
  • We want to help you develop – there will be opportunities to take on new responsibilities and be involved in projects to further your career.
  • Newbury Weekly News Employer of the Year 2023 – we are a proud local employer and shows how passionate we are about our people proposition


They are based in the centre of Newbury and hybrid working expectations are a minimum of 2 days a week in the office.  In return they offer a salary of up to £44k and a great benefits package.  Flexible working arrangements down to a minimum of 28 hours (standard 35 hour week) will be considered.