Head of Financial Planning and Analysis

At SilverRock, we are building a new bank. Our vision is to “Pioneer fairer financial outcomes by empowering lenders to deliver and enabling savers to prosper” We are doing this by building a unique and highly scalable data driven multi-asset bank through a partnership of ecosystems, specialising in the delivery of forward flow partnerships and portfolio acquisitions from non-bank lenders, alongside our own brand deposits.
Purpose of Role/Job Overview
The role of Head of Financial Planning and Analysis reports to the CFO with responsibility for driving business growth through the provision of timely and accurate information on both past and future performance. This role will also play a key role in the evolution of SilverRock’s strategy through the financial evaluation of new product proposition design.
Key tasks will include production of an annual operating strategic plan, balance sheet management, facilitating business decisions on new and existing pricing, acquisitions, portfolio optimisation initiatives and prudential returns including the ICAAP, ILAAP and RRP. The role will require close liaison with all business functions, including credit risk, product, commercial and operations.
Key Accountabilities
Financial forecasting and preparation of the annual operating and strategic plans
New and existing business pricing modelling and recommendations to optimise profitable performance and return on equity including the evaluation of potential forward flow opportunities
Reporting on the performance of existing commercial relationships and supporting mitigating action where this is required
Effective interest rate accounting, including revenue forecasting and cost amortisation
Support to capital and liquidity planning, including stress scenarios, ALCO forecasting, analysis and documentation
Ad-hoc financial analysis to identify risks and exposures to optimise portfolio performance
Financial evaluation of potential acquisition opportunities through robust financial modelling and data analysis
Defining and configuring of management information reporting requirements
Deputise for CFO as required
Management of direct team and support to the wider finance function
Key Required Skills
Qualified accountant with a minimum of 5 years’ experience
Excellent excel and modelling skills
Pricing and project appraisal techniques, including; return on equity, return on risk weighted asset, economic profit, NPV and IRR calculations
Experience of interrogatory query tools to enable construction and manipulation of datasets
Knowledge of financial services
Knowledge of regulatory capital requirements
Knowledge of balance sheet management
Ability to present complex modelling in an understandable manner to senior audiences
Ability to manage competing priorities
Proven track record of building, developing and managing teams
Good communicator with the ability to influence and motivate others
A willingness to face new challenges and responsibilities working as part of a team within a busy, evolving finance function
Proposed Start Date: 4th November 2024
Interview Process
Stage 1 – Initial interview via teams with CFO
Stage 2 – Face to face interview at the London office with CFO and Operations
Benefits
Competitive Salary
Lifestyle and family friendly policies
Health Insurance for you and your spouse
28 days Holiday Entitlement (plus bank holidays)
Life Insurance
Pension Contribution
Must be able to work in the UK without requiring Sponsorship.
No recruiters please