Head of Financial Planning and Analysis

At SilverRock, we our 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 OverviewThe 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 plansNew and existing business pricing modelling and recommendations to optimise profitable performance and return on equity including the evaluation of potential forward flow opportunitiesReporting on the performance of existing commercial relationships and supporting mitigating action where this is requiredEffective interest rate accounting, including revenue forecasting and cost amortisationSupport to capital and liquidity planning, including stress scenarios, ALCO forecasting, analysis and documentationAd-hoc financial analysis to identify risks and exposures to optimise portfolio performanceFinancial evaluation of potential acquisition opportunities through robust financial modelling and data analysisDefining and configuring of management information reporting requirementsDeputise for CFO as requiredManagement of direct team and support to the wider finance functionKey Required SkillsQualified accountant with a minimum of 5 years’ experienceExcellent excel and modelling skillsPricing and project appraisal techniques, including; return on equity, return on risk weighted asset, economic profit, NPV and IRR calculationsExperience of interrogatory query tools to enable construction and manipulation of datasetsKnowledge of financial servicesKnowledge of regulatory capital requirementsKnowledge of balance sheet managementAbility to present complex modelling in an understandable manner to senior audiencesAbility to manage competing prioritiesProven track record of building, developing and managing teamsGood communicator with the ability to influence and motivate othersA willingness to face new challenges and responsibilities working as part of a team within a busy, evolving finance functionProposed Start Date: 4th November 2024 Interview Process Stage 1 – Initial interview via teams with CFOStage 2 – Face to face interview at the London office with CFO and OperationsBenefitsCompetitive SalaryHybrid WorkingLifestyle and family friendly policiesHealth Insurance for you and your spouse28 days Holiday Entitlement (plus bank holidays)Life InsurancePension ContributionMust be able to work in the UK without requiring Sponsorship.No recruiters please