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BSM Analyst (9m FTC)

Location: Hybrid

Hours: 35 - Talk to us about Flexible Working

Salary: From £41,175

Contract Type: Full-Time, Fixed Term Contract

Closing Date: 18 March 2026

Contract Duration: 9m FTC

BSM Analyst (9m FTC)

BELONG – There’s no place like Principality 

At Principality, belonging isn’t just a value — it’s how we work. When you join us, you’re welcomed into a supportive, inclusive community where your home life, wellbeing, and individuality are genuinely respected. From flexible ways of working to benefits designed around you, we’re committed to helping you feel comfortable, valued, and able to thrive. 

We believe great work happens when people feel connected — to each other, to our purpose, and to the communities we serve. That’s why we encourage balance, invest in wellbeing, and focus on growing and improving together.  

Why join us? 

There are plenty of reasons to build your career with Principality: 

  • Flexible hybrid working – Our award-winning approach gives you the flexibility to work from home and from the office. Collaboration matters to us, so you’ll spend at least 8 days per month based in our Cardiff office. 

  • A truly inclusive workplace – Proudly named in the 2025 Inclusive Top 50 UK Employers List, ranked 27th, recognising our ongoing commitment to inclusion and belonging. 

  • Customer excellence you can be proud of – Winners of Double Gold Awards for Customer Satisfaction at the Fairer Finance Awards 2025 for both Savings and Mortgages. 

  • Engaged, supported colleagues – Our colleague engagement scores consistently exceed 85%, reflecting a positive and supportive culture. 

  • Wellbeing at the heart of what we do – Our Belong benefits package is designed to put our people first, supporting your physical, mental, and financial wellbeing. 

These achievements reflect more than awards — they represent our long-term commitment to creating a workplace where colleagues feel supported and customers feel cared for. 

When it comes to belonging, there truly is no place like Principality. 

We are hiring a Balance Sheet Management Analyst to join the Balance Sheet Management (BSM) team. Our team purpose enables safe and sustainable growth through balanced risk/reward evaluation, ensuring decisions are made through customer, colleague and commercial lenses. 

The responsibilities of the BSM Analyst will include: 

  • Assisting the Senior BSM manager in the research and implementation of new and emerging regulation and best practice.
  • Development and maintenance of appropriate systems, models (in-line with Model Governance standards) processes and controls to monitor and quantify BSM risk, incorporating the impact of stress scenarios.
  • Produce accurate and timely Management Information (MI) with value adding commentary for discussion at the Treasury, Asset and Liability, Executive Risk, Board Risk and Board Committees.
  • Maintaining a general awareness of the macroeconomic environment
  • Recommend system/process enhancements to maximise efficiencies in line with Operational Excellence principals 

Skills needed:

  • A good understanding of the balance sheet, profit and cash flow linkages throughout the organisation
  • Working knowledge and understanding of the current regulatory landscape, macroeconomic environment, and financial risk management techniques. 
  • Able to exercise appropriate judgment when analysing and filtering information
  • Able to research and interpret complex regulatory requirements and make recommendations to the Senior BSM manager regarding the approach to be taken. 

 Ideally studying to complete a relevant professional qualification e.g. ACT, ACCA or relevant financial markets experience.

We reserve the right to close this vacancy early should we receive a high volume of applications. 

 

If you have any questions in relation to this role, please contact the recruitment team at -recruitment@principality.co.uk 

‘’We are passionate about creating an inclusive workplace where diversity is celebrated and where colleagues feel a sense of belonging’’ Nigel Taylor – Head of Brand, Impact & Communication. But don’t just take our word for it, see what our colleagues say about working here too; Careers (principality.co.uk) 

Apply now