Senior Consultant Treasury – Treasury Credit Risk

This is an exciting opportunity to lead the Treasury Credit Risk sub-team within Nationwide’s Capital and Credit Risk Reporting team in the Treasury sub-department within Finance. You’ll combine specialist expertise with team leadership to deliver high-quality credit risk reporting, forecasting, planning and stress testing.

The Capital and Credit Risk Reporting team produces capital and Treasury credit risk reporting for internal and regulatory purposes. Its focus is on complete, accurate and timely information, helping the Board and relevant committees understand Nationwide’s financial strength and risks, now and in the future.

You’ll have the opportunity to shape how the sub-team works, develop colleagues and strengthen reporting processes, while building your own technical expertise and leadership capability.

As Senior Consultant Treasury, you’ll lead the Treasury Credit Risk sub-team of 3–4 colleagues and work closely with colleagues across the wider Capital and Credit Risk Reporting team and Treasury.

We are happy to consider flexible working approaches to help you perform at your best.

At Nationwide we offer hybrid working wherever possible. More rewarding relationships are supported through our hybrid approach, bringing colleagues together across our UK wide estate, whilst also supporting generous access to home working. We value our time in the office to solve problems, to learn, and to feel connected.

For this role, you'll be based at your nearest regional office or hub. We value time spent together to connect with colleagues for collaboration so there will be a regular requirement to attend our Swindon or London office approximately once per quarter. If you are based at an office location, you'll be expected to meet our hybrid working requirement of at least two days a week, or 40% of your working time if part-time, in the office.

If you’re based at our Glasgow office, this will apply from 1 April 2027 and ahead of that there will be a need to regularly connect with colleagues for collaboration events. If your application is successful, your hiring manager will provide further details on how this works.

Nationwide is committed to the redeployment of our employees impacted by change, as such applications for redeployment candidates will be prioritised in this recruitment process.

If you’re a colleague on long-term absence (for example, on parental leave) or a temporary worker, please use your personal email address to submit an application.

What you’ll be doing

You’ll lead the day-to-day delivery of the Treasury Credit Risk sub-team, setting priorities, planning workloads and supporting colleagues’ development. You’ll take ownership of reporting quality and deadlines, providing technical guidance and review, resolving complex issues and escalating material risks where needed.

Your remit will include Treasury IFRS 9 reporting, expected credit loss analysis, credit risk forecasting, planning and stress testing, alongside supporting wider capital and regulatory reporting. The team will also lead the administration of Stress Test Data Framework (STDF) reporting, including for the upcoming Bank Capital Stress Test (BCST). You’ll review and challenge results and assumptions, explain key movements and present clear insights to senior stakeholders and relevant internal forums. You’ll also maintain robust controls and documentation, build effective stakeholder relationships and drive improvements in data quality, efficiency and automation.

About you

As a minimum requirement you’ll need to have

Well-developed knowledge of IFRS 9 and expected credit loss reporting, with experience applying this in a banking or Treasury environment

Excellent analytical skills and sound judgement, with the ability to review complex data, challenge assumptions and maintain robust reporting controls and governance

Experience of credit risk reporting, forecasting, planning or stress testing, with the ability to manage competing demands and deliver to reporting deadlines

Experience using, or an appetite to explore, Microsoft Copilot to improve efficiency and streamline day-to-day work

Project planning experience, using tools such as Microsoft Planner to organise activities, track progress and manage deadlines

Strong stakeholder management and communication skills, including explaining technical matters clearly to senior audiences

Advanced Excel skills and experience improving reporting processes

Our customer first behaviours put customers and members at the heart of how we work together. They are the set of behaviours that every colleague needs to display, in every role:

Feel what customers feel - We step into our customers’ shoes, using their feedback and insights to empathise with them and to understand their needs, so that every decision we make starts and finishes with our customers in mind

Say it straight - We are brave in speaking out and saying what we think – we’re honest and direct with good intent, openly sharing diverse perspectives to reach the best conclusions and using language everyone can understand

Push for better - We don’t settle for mediocrity, we challenge the status quo, taking responsibility for continuous improvement and personal development

Get it done - We prioritise what will have the greatest impact, we are decisive, and we take accountability for delivering brilliant customer outcomes

You can strengthen your application by showing how our customer first behaviours resonate with you, and where you may have already demonstrated these.

The extras you’ll get

There are all sorts of employee benefits available at Nationwide, including:

25 days holiday, pro rata

Private medical insurance

A highly competitive pension to help you build a strong foundation for retirement

Access to an annual performance-related bonus

Training and development to help you progress your career

A great selection of additional benefits through our salary sacrifice scheme

Life assurance to provide peace of mind for you and your loved ones in the event of your death

Wellhub – access to a range of free and paid options for health and wellness

Up to 2 days of paid volunteering a year

Banking – but fairer, more rewarding, and for the good of society

We forge our own path at Nationwide.

As a mutual, we’re owned by our members - those customers who bank, save or have a mortgage with us. We challenge the financial sector status quo. We don’t see customers as the engine of our own profit. We share our profits with them and put their needs first. Always there when they need us. Supporting them and their lives.

If you’re inspired by fairer finances, passionate about making a meaningful impact, and truly care about our customers, you’re one of us.

At Nationwide, you are challenged to grow and rewarded for doing so. Valued. Recognised. Inspired to be your best. As a community, we want our working lives to count. As a team, we celebrate what we achieve. As a standard-setter, we work for the good of customers, communities, and broader society.

We are purpose-driven. Uncompromisingly customer. Unstoppably Nationwide.

What to do next

• If this role is for you, please click the ‘Apply Now’ button. You’ll need to attach your up-to-date CV and answer a few quick questions for us.
• We respond to everyone, so we will be in contact shortly after the closing date to let you know the outcome of your application.
• Keeping your data and personal information confidential is important to us. To find out more about how we use and process your data, please read our Privacy policy.
• If you want to find out more about using AI in our recruitment process, please read more here.

Disability Confident

We’re not just guided by data, we’re driven by the real experiences of our people. We’re a Disability Confident Level 3 Leader, the highest level.

That’s why we’re constantly evolving our policies and practices to make sure everyone feels genuinely supported, valued, and empowered to champion inclusion. Whatever your needs, we’re here to support you. If you need any additional support throughout your application journey, email our team at Recruitment Support.

Apply safely with Nationwide

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The hiring manager for this role is Mark Jayna, and the main recruitment contact is Kris Mason.

Please note that should you be successful in securing this role, the job title on our internal systems will be Senior Consultant Treasury.