Working at the Cumberland, you become part of something special. We’re a Mutual organisation, committed to improving the lives of our colleagues, customers, and community. Our values are incredibly important to us.
We’re on an exciting transformational journey with our people firmly at the forefront of our plans. You would be part of a team in the UKs only fully functioning community banking provider. If you want to work for a team integral in helping to drive our transformational change, a team where you can bring your whole self to work bringing your energy and creativity to make a positive difference, then this is the job for you.
We have an exciting opportunity for a First Line Risk Prudential Planning Analyst/Manager to join our Finance teams (Finance and Treasury)
You’ll take responsibility for coordinating all operational risk processes and risk reporting, ensuring the Finance Teams remain safe and compliant with both external and internal requirements
You’ll provide support across the CFO line in relation to risk submissions, cascade of risk policy, risk management and integration of Society wide initiatives making the process simple and user friendly.
You’ll also provide challenge and review to the CFO line in relation to planning and risk management.
The Benefits
- Competitive salary – depending on skills, qualifications and experience.
- Holidays - 25 days holiday plus public holidays and the opportunity to buy and sell up to 2 days.
- Learning and Development opportunities - We want you to grow in your role. We’ll work together to support your personal and professional development.
- Hybrid Working – regular weekly attendance in the office along with the tools and equipment you need to be able to work from home.
- Health and Wellbeing - a calendar of events and activities throughout the year, Mental Health & Wellbeing champions, and Cycle to Work scheme.
- Community Day - We offer our people an extra paid day off every year to help local charities and community organisations.
The Role
Main responsibilities include:
- Coordinates key operational risk management processes for CFO line, e.g. risk incident reporting, collection of risk event data, management of major risk events, completion of management audits and audit action plans, trend analysis.
- Manage the Policy attestation process for the key documentation and procedures,
- Maintenance of the 1st line Risk Dashboard, ensuring relevant publications are monitored, owners allocated, and actions and timelines agreed.
- Oversee the production of gap reports, by appropriate SMEs, for all Finance and Treasury policies and other documents, ensuring timely production prior to submission of such documents.
- Support Finance and Treasury in the identification and management of operational risks and risk events (and associated reporting).
- Support Finance and Treasury in the review and maintenance of documented Risks and Controls.
- Maintain a register of remediation, internal audit, and risk actions, ensuring activities are planned, SMEs engaged such that actions are completed within set timelines.
- Attend the Regulatory Reporting Working Group and manage actions for the Finance function in relation to the embedding of the Regulatory Reporting Policy and Framework.
- Acts as a regular point of contact for Finance and Treasury for second line and internal oversight and committee meetings.
- Support Finance and Treasury in the development and maintenance of the Business Continuity Plan and associated reporting.
- Act as a Change Champion for the Finance function.
- Attend Risk Committees and working groups as required, representing CFO line.
- Provide challenge to Finance Leadership Team in relation to risk management.
About You
Skills and abilities:
- Strong inter-personal skills – a relationship builder who is also comfortable developing and presenting information internally to key stakeholders
- A developmental / pragmatic mindset with a desire to understand and learn and help solve problems relating to the risks, process and governance procedures in the CFO line coupled with a curious mindset allowing you to question and challenge
- Strong planning and organisational skills.
- Attention to detail.
- Strong written skills and proficient in the use of Microsoft Word and Excel.
Behaviours:
- Customer Led – to work with both external and internal customers in a positive manner both in terms of verbal language and body language. You must pay due regard to customers (external and internal) and treat them fairly. You will enjoy meeting with people and working with them as part of a team and adopt a working pattern that facilitates this.
- Straight Forward – to behave in a manner that is clear, open, and non-obstructive.
- Responsible – Be responsible in all actions taken and engage with internal and external parties in a positive, cooperative manner. You must act with integrity, due skill, care, and diligence. You must observe proper standards of the market in which we operate while recognising that risk management is as much an art as a science.
- Forward Thinking – to consider how we can do things differently and pragmatically to benefit the team, the Society, and customers.
- Better Together – Be a positive influence on not only the Finance teams but the Society overall. You should engage with different business areas and aim to raise the profile and understanding of the Finance teams.
