Corporate Development Associate

  • Negotiable
  • London, England, United Kingdom
  • Permanent, Full time
  • Shawbrook Bank
  • 08 Sep 17

As part of Shawbrook's growth strategy we are looking to recruit a Corporate Development Associate to join the team in London. The purpose of this position is to assist Corporate Development team with the analysis, reporting, valuation and project management of inorganic opportunities and corporate finance activities of the Bank.

As part of Shawbrook's growth strategy we are looking to recruit a Corporate Development Associate to join the team in London. The purpose of this position is to assist Corporate Development team with the analysis, reporting, valuation and project management of inorganic opportunities and corporate finance activities of the Bank.

The role also entails the understanding of regulatory capital matters affecting the banking sector, continuous maintenance of the pricing models and assisting business units with their pricing and modelling requests, as well as performing ad hoc analysis and support for various divisions within the Bank.

The successful candidate will be responsible for the following:

  1. Financial Performance, Pricing and Modelling
    • Maintenance and development of ROE pricing models
    • Assistance with ad hoc pricing model requests and development of new pricing models as and when required
    • Focus on improved pricing efficiency and certainty of achieving RoE hurdles
    • Focus on keeping up-to-date pricing model assumptions
    • Ensure key business estimates e.g. EIR and loan amortisation profiles are fully understood, implemented and communicated
    • Ensure Cost Allocation Methodology remains appropriate and apply up to date assumptions
  2. M&A
    • Maintenance and development of valuation models (portfolio, business)
    • Analysis, valuation and reporting of M&A opportunities
    • Project management of M&A transactions (including management of both internal and external stakeholders)
  3. Business Support
    • Ongoing provision of financial support to the business areas
    • Ad-hoc commercial analysis
    • Project business case support
  4. Regulatory Capital and Liability Management
    • Understanding of the regulatory capital regime and ongoing review, maintenance and challenge of regulatory capital models
    • Experience of liability management and understanding funding dynamics across all aspects of bank funding would be advantageous
    • Ensure Funds Transfer Pricing is applied correctly and accurately

Suitable candidates will have the following experience, qualifications and skills:

  • A professional accounting qualification, e.g ACA, ACCA or CIMA
  • Experience in working within Corporate Finance, Transaction Services, M&A
  • Analytical with strong commercial and financial acumen
  • Advanced user IT skills - advanced Excel required, and familiarity with BI reporting systems (Cognos and TM1 in particular) would be advantageous
  • Financial services experience and particularly an understanding of key elements of the treatment of loan income amortisation techniques would be beneficial.