Balance Sheet Manager

£65,000 - £85,000 per annum

Leek, St Edward Street

Hybrid/Flexible Working | Minimum 2 Days per Week in the Office

Full Time | 35 Hours per Week | Permanent

At Leek Building Society, we pride ourselves on being a force for good. We exist to help our communities grow, so they can do great things today and even better things tomorrow.

Our colleagues are one of the communities we support. That's why we've created an inclusive, engaging workplace where people have the freedom to be themselves, develop their skills and build rewarding careers.

We're proud to be recognised as a Great Place to Work, based on feedback from our colleagues, and equally proud to have been recognised externally, winning Best Building Society and Best Specialist Mortgage Provider at the 2026 British Bank Awards.

As a mutual organisation, our members are at the heart of everything we do, and every colleague plays an important role in helping us deliver outstanding service to our customers and communities.

We believe great people deserve great benefits. That's why we offer:

• 35-hour working week
• 7.5% employer pension contribution
• Minimum 26 days' holiday plus bank holidays
• Holiday purchase and sale scheme
• Free health screening
• 24/7 GP access for you and your close family
• Comprehensive mental health support, including counselling and Mental Health First Aiders
• Enhanced sick pay and family leave from day one
• Up to 6 months' guaranteed sick pay for major illnesses
• Life assurance worth four times your annual salary
• Workplace savings account with a £100 bonus for regular savers
• Continuous learning and development opportunities
• Retail discounts and salary sacrifice schemes
• Onsite gym at our Head Office
• Flexible and hybrid working opportunities

We're looking for a highly analytical and commercially aware Balance Sheet Manager to join our Treasury and Financial Planning & Analysis function.

This is an influential role supporting the Society's management of its balance sheet and associated financial risks. You'll lead detailed capital and liquidity stress testing, support the management of interest rate risk and model risk, and produce key regulatory documents, including the Society's ICAAP, ILAAP and Recovery Plan.

You'll also play an important role in Treasury activity, acting as the team's primary dealer and undertaking interest rate swap transactions to support the management of Interest Rate Risk in the Banking Book. Working closely with colleagues across Finance, Products and the wider Society, you'll provide high-quality analysis, challenge assumptions and help translate complex financial information into clear recommendations.

You’ll prepare papers and risk reporting for ALCO and other committees, contributing directly to informed decision-making and the effective management of the Society's capital, liquidity and interest rate risk.

• Leading detailed capital and liquidity stress testing and ensuring the resulting analysis is accurate, robust and appropriately evidenced
• Preparing and maintaining the Society's ICAAP, ILAAP and Recovery Plan, working with relevant areas across the business to produce high-quality regulatory documents
• Keeping the Recovery Plan aligned with relevant regulatory expectations and developments
• Leading customer behavioural analysis to support capital, liquidity and interest rate risk management
• Supporting improvements to the Society's Financial Planning and Treasury model estate
• Ensuring Treasury risks are accurately reported by working with the reporting team and updating models where required
• Preparing clear, evidence-based papers on Treasury matters for ALCO and other committees
• Reviewing and updating Treasury risk appetite and policy documents and presenting them to ALCO and the Board for approval
• Supporting the development and effective implementation of the Society's model-risk framework
• Acting as the Treasury team's primary dealer and transacting interest rate swaps with approved counter parties to manage Interest Rate Risk in the Banking Book
• Managing the Society's interest rate hedging programme, including oversight of tranche-management data and processes
• Working with Products and Finance colleagues to ensure hedging information is accurate, current and produced efficiently
• Exploring opportunities to use excess liquidity appropriately for investment and interest rate risk management
• Ensuring Treasury activity complies with internal policies and relevant regulatory standards
• Promoting…