- Financial Strategy & Leadership
- Implementation and execution of the bank's financial strategy.
- Provide financial insights and recommendations to support the bank’s strategic objectives.
- Partner with the executive team to drive business growth and profitability.
- Manage and optimise the bank's capital structure, funding strategies, and financial risk management.
- Financial Planning & Analysis
- Oversee the preparation of annual budgets, forecasts, and long-term financial plans.
- Lead monthly and quarterly financial reviews and performance analysis.
- Identify and analyse key financial trends and variances, recommending corrective actions where necessary.
- Ensure the development and maintenance of key performance indicators (KPIs) to monitor financial performance.
- Regulatory Compliance & Reporting
- Ensure all financial practices align with UK banking regulations, including those set by the FCA (Financial Conduct Authority) and PRA (Prudential Regulation Authority).
- Oversee the preparation and submission of accurate and timely statutory accounts and financial reports to regulatory authorities.
- Ensure full compliance with financial reporting standards (IFRS, UK GAAP) and internal policies.
- Lead the relationship with external auditors.
- Financial Operations & Control
- Oversee the bank’s day-to-day financial operations, including accounting and accounts payable/receivable.
- Implement strong internal controls to safeguard financial assets and ensure the integrity of financial data.
- Monitor the bank’s balance sheet, managing risks associated with assets and liabilities.
- Risk Management
- Work closely with the Risk department to identify, assess, and mitigate financial risks, including credit, market, and operational risks.
- Ensure robust risk governance frameworks are in place to manage financial exposures.
- Stakeholder Engagement
- Collaborate with senior management and external stakeholders to communicate the bank’s financial performance and outlook.
- Engage with business units to provide financial insights that support decision-making and profitability initiatives.
- Team Leadership & Development
- Lead and develop a high-performing finance team, ensuring continuous professional development and succession planning.
- Foster a culture of accountability, innovation, and collaboration within the finance team.
- Set clear objectives, provide feedback, and ensure effective team performance management.
- Education & Certification
- ACA, ACCA, CIMA, or CFA qualified or equivalent.
- Advanced degree in Finance, Economics, Business, or a related field.
- Experience
- Minimum of 10-15 years of experience in senior finance roles within the banking or financial services sector.
- Proven experience in financial strategy, planning, and analysis within a regulated environment.
- Strong knowledge of UK financial regulations (FCA, PRA), IFRS, and other relevant financial standards.
- Experience in managing regulatory reporting, capital planning, and treasury operations.
- Skills & Competencies
- Strong financial acumen with expertise in financial modelling, analysis, and risk management.
- Excellent leadership and people management skills.
- Ability to influence senior management and key stakeholders through clear communication and sound decision-making.
- Strong understanding of capital markets, liquidity management, and financial instruments.
- High level of integrity, ethics, and professionalism.
- Strategic Vision: Ability to see the big picture and translate the bank’s goals into a financial strategy.
- Analytical Thinking: Ability to interpret complex financial data and make informed decisions.
- Communication: Excellent verbal and written communication skills to influence both internal and external stakeholders.
- Adaptability: Capacity to thrive in a fast-paced and highly regulated environment.
- Risk Awareness: Deep understanding of financial risks and effective management of those risks.
- Requires working closely with cross-functional teams including risk, operations, legal, and compliance.