Balance Sheet Manager

Stress testing:

• Perform detailed capital stress testing on at least annual basis
• Prepare the ICAAP document for the Society, liaising with the various relevant areas of the business to ensure a high quality document is produced
• Perform detailed liquidity stress testing on at least annual basis
• Prepare the ILAAP document for the Society, liaising with the various relevant areas of the business to ensure a high quality document is produced
• Prepare and maintain the Society's Recovery Plan document, ensuring it is kept up to date for recent regulatory pronouncements and expectations.
• Assist the Head of Treasury & Financial Planning where required working on improvements to the model estate for Financial Planning and Treasury.
• Lead on customer behavioural analysis for IRRBB, liquidity and capital purposes.

Committee reporting:

• Ensure accurate reporting of treasury risks through working with the reporting team and updating models where required.
• Prepare papers for ALCO and other committees where required on Treasury matters
• Update the Society's risk appetite and policy documents relating to treasury risks on at least an annual basis, presenting to ALCO and Board for approval.

Model Risk:

• Input into improvement of the model risk framework within the Society.
• Drive implementation of the framework for model risk, ensuring it is of a sufficiently high standard.

Treasury

• Act as primary dealer for the Treasury team, transacting interest rate swaps with relevant counterparties to manage IRRBB.
• Manage the Society's interest rate risk hedging program including oversight of process for updating of data in relation to tranche management, working with the Products team and Finance colleagues to ensure it is up to date, accurate and produced efficiently.
• Explore and contribute to methods for utilising any excess liquidity for investment and to manage IRRBB.
• Uphold compliance with internal policies and regulatory standards, ensuring robust treasury operations.
• Promote and represent the Treasury and Financial Planning team, fostering a proactive spirit of change and continuous improvement.

Conduct Rules

All employees are expected to act in accordance with the PRA and FCA Conduct Rules:

· You must act with integrity

· You must act with due skill, care and diligence

· You must be open and co-operative with the FCA, the PRA and other regulators

· You must pay due regard to the interests of customers and treat them fairly

· You must observe proper standards of market conduct

· You must act to deliver good outcomes for retail customers

Financial Crime

All employees are expected to:

· Be aware of their personal legal obligations and the legal obligations of the Society in relation to Financial Crime

· Be aware of the Society's Anti-Money Laundering systems and controls and follow the Society's procedures

· Be alert for anything suspicious in respect of money laundering or fraud and report any suspicions in line with internal procedures

· Do not discuss any suspicions with anyone outside of the Society and do not 'tip off' a customer or prejudice an investigation