Accountant - QRM

Introduction

Remuneration package: £33,935 - £43,361 (target salary £37,705) + competitive bonus and pension scheme, life assurance and health insurance, 24 days holiday.

QRM (Quantitative Risk Management) develops industry-leading risk management principles, practices, and models, and provides our key stakeholders with advice, knowledge, and tools necessary to adopt those innovations.

This exciting role is working with our balance sheet and margin dynamics. You'll be working with our product business partners to analyse, model and report on the margin forecast across all products. This is the analysis that makes our business work.

You'll work with Treasury, Finance, and Capital Management to forecast the numbers that the business relies on for profit.

This role will provide you with a detailed understanding of Nationwide business model. You'll gain experience of reporting on our largest and key figures. In essence, because of the varied nature to this role, it is a great steppingstone for a wide career path with us.



Who we're looking for

This role would be perfect for a newly qualified Practice/ Financial/ Management Accountant looking to do a modelling type role which involves business partnering.

Ideally you'll have experience in reporting or margins and profitability. In particular, experience in forecasting, modelling and balance sheet would be valuable to this role.

Alternatively, you could have a Mathematics or Physics background (or similar numerical subject) coupled with an Accountancy qualification and an interest in working in this role.

Financial Services experience (in no way essential) and advanced Excel experience are advantageous.

Alongside your technical ability we'll be looking for an analytical and logical thought process when it comes to problem solving.

You'll also need to have strong stakeholder management experience, being able to explain complex accounting concepts to colleagues at varied levels of seniority, experience of explaining system output to non-technical colleagues, as part of model development, and validation of our reporting process.

Experience of Quantitative Risk Management (QRM: the software package used in this role) would be ideal but we recognise this is specialist software and we will provide full training. In fact, we'll be helping you pick up new skills from the very start of your career with us.



What you'll be doing

You'll be part of a growing team and will be working closely with our accountancy business partnering teams for all Nationwide product areas (e.g. credit cards, loans, mortgages). You'll gain a working understanding of our balance sheet and product information. Your work will be focused on the maintaining, developing and creating of margin models.

You'll develop your margin dynamics skills for our products and you'll use this knowledge to develop our forecasting, as well as providing figures for regulatory reporting returns.

Your work will include discussing with colleagues what our QRM system can do for them before turning their needs and ideas into management information (MI): that will be used to inform better business decisions at senior level. You'll produce work that will be used up to and by divisional directors.



The extras you'll get

If you put a lot in, it's only fair you should get a lot out. So if you help us do the right thing for our customers, we'll help further your career at Nationwide. As well as your salary, there's life assurance, a pension and a recognition and rewards scheme. We think it's a great place to work, and we're not afraid of giving you praise when you've done well.



Why work for us

We're here for our members and we put their needs first in everything we do. And now, more than ever, two things are helping us go from strength to strength: we put our customers first, and we're known for being open, honest and trustworthy.

We're also the world's largest building society, with communities at the heart of everything we do. We aim to do the right thing for our members which helps set us apart from our competitors. But we need good people to help us do it. People who understand what we believe in, and have the talent and drive to keep us successful.