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Senior Analyst - Pension Risk Management, Treasury

Senior Analyst - Pension Risk Management, Treasury

  • Location: Countrywide
  • Salary: £35,309 - £51,002
  • Contract Type: Permanent
  • Ref: R00AOR00161
  • Closing Date: 05 March 2021

An opportunity has arisen for a senior analyst in the Pension Risk Management team within Treasury.

The Pension Risk team provides reporting, insight and strategic advice to executive management in relation to the Society’s £7bn defined benefit pension fund. We actively interact and engage with teams across Finance & Efficiency, Risk and People & Culture – as well as a number of external stakeholders (e.g. Trustee Board Directors, regulators and advisors). 

This is an extremely varied, rewarding and well supported role, which offers a fantastic opportunity to be part of a high performing team. 

What you’ll be doing

You’ll be a key contributor to a multi-disciplinary pension risk team, supporting on regulatory, internal and external deliverables (e.g. IAS19 accounting, stress testing, capital assessments) that relate to the defined benefit pension fund.

You’ll be involved in the project management of certain pension risk processes, including producing presentations, status reporting and minute taking, to ensure that appropriate internal governance is maintained. You’ll support on the development and maintenance of our in-house pension risk models to ensure they remain cutting edge and fit for purpose.

You’ll be given the opportunity to further develop an understanding of the market, investment and capital risks associated with DB pensions and build effective relationships with stakeholders from across and outside the business. You’ll also be given the opportunity to represent Nationwide at industry seminars to further develop your pensions, risk and finance knowledge.

About you

We’re looking for a highly motivated individual with the ability to learn quickly, produce high quality reporting and develop models, with excellent verbal and written communication skills.

As a minimum you’ll:

  • Highly numerate, with well-developed analytical skills
  • Proactive mind-set with the ability to think strategically and manage own workload
  • Experience of project management and strong organisational skills
  • Ability to understand and analyse financial information and present results to non-specialists
  • Good Microsoft Office skills (including PowerPoint, Excel and Word)
  • Able to work collaboratively across teams and effectively manage stakeholders
  • Focus on high standards and attention to detail

It would be nice if you have:

  • Knowledge of pension accounting, but is not a requirement

We’re also interested in who you are as a person. Why? Because our membership is made up of so many different kinds of people, so we want our employees to be just as diverse. We’d love to hear about:

  • Your values, and what makes you who you are
  • How you’d make a difference to our members in this role


We know applying for jobs can sometimes feel like you’re sending an application into a black hole. We review each application individually. So, it’s a good idea to call out your most relevant experience on your application to give yourself the best chance.

The extras you’ll get

Our people’s success isn’t based on how long they spend at their desk. While you’ll have contracted hours, we want to offer a flexible environment where possible. That might be working from home, logging on from other offices across the UK, or working part time or compressed hours.

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

  • A personal pension – if you put in 7% of your salary, we’ll top up by a further 16%
  • Up to 2 days of paid volunteering a year
  • Life assurance worth 8x your salary
  • A great selection of additional benefits through our salary sacrifice scheme
  • Access to an annual performance related bonus
  • Access to training to help you develop and progress your career
  • 25 days holiday

Why work at Nationwide

We’re a building society founded by ordinary people, our members, who came together to help each other get the most from their money, buy homes and save for their futures. For over 130 years, we’ve supported each other and our communities, and we’ve done the right thing for wider society too.

If you come to work here at Nationwide, you’ll be part of that. Part of something a bit different. And something really quite special.

What’s more, we have a strong ethic of care for each other and our members. We recognise that our employees feel most appreciated when their thoughts and values are respected and considered. We’re committed to creating a culture that recognises and truly values our individual differences and identities. So if you’d like to be a part of an inclusive workplace where you can be yourself, where your talents are nurtured, and you feel empowered to contribute, then please apply and help us in building society, 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, and so we will be in contact shortly after the closing date to let you know the outcome of your application.



Senior Analyst - Pension Risk Management, Treasury

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