Asset and Liability Management Analyst
| Posting date: | 25 November 2025 |
|---|---|
| Salary: | £36,954 to £48,986 per year |
| Hours: | Full time |
| Closing date: | 25 December 2025 |
| Location: | Wallsend, Tyne & Wear |
| Remote working: | Hybrid - work remotely up to 3 days per week |
| Company: | Newcastle Building Society |
| Job type: | Permanent |
| Job reference: |
Summary
About the Role
We’re looking for an Asset and Liability Management Analyst to join our ALM team and help us manage the Society’s liquidity and market risk. In this role, you’ll monitor and forecast market risk positions, across different scenarios, making sure we stay within our risk appetite. You’ll provide clear insights and analysis that help shape decisions across the business, from balance sheet planning to net interest income forecasting. You’ll also play a part in regulatory reporting and contribute to strengthening our liquidity risk framework.
About You
You’ll be someone who enjoys working with numbers and data, with strong skills in Excel, ALM modelling tools or programming languages. You’ll be confident handling large datasets, spotting trends, and turning them into meaningful insights. Experience in a regulated environment — ideally in Treasury, ALM or Financial Planning — will help you hit the ground running, along with a good understanding of liquidity risk, interest rate risk in the banking book (IRRBB) and financial performance metrics. We value clear communication, attention to detail, and a collaborative approach. If you’re curious, proactive, and keen to improve processes, you’ll fit right in.
About Us
You’ll be joining a dedicated and collaborative Asset and Liability Management team focused on delivering insights that shape the Society’s financial strategy. Together, we balance technical expertise with curiosity, making sure our decisions support both financial resilience and long-term sustainability.
As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.
What do you get in return? As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:
Financial
Corporate bonus scheme (on target 5%, up to a maximum 10%)
Pension scheme (up to 9% employer contribution)
Annual performance related pay reviews
Colleague mortgage scheme
Electric car salary sacrifice scheme
Life assurance (4x salary) and income protection
Access to our financial advisers
Access to a range of high street and online discounts
Work/Life Balance
A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
25 days’ annual leave + bank holidays (rises to 30 with length of service)
The option to buy and sell up to 5 days’ holiday
Hybrid working (typically 3 days’ home based)
Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood
Health and Wellbeing
Access to a health cash plan through a Medicash scheme
Access to an employee assistance programme
Free onsite gym at our Cobalt head office and access to discounted gym’s
Two paid volunteering days’ each year
Cycle to work scheme
Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you, you can contact your Recruiter for this vacancy at ruth.wood@newcastle.co.uk
We’re looking for an Asset and Liability Management Analyst to join our ALM team and help us manage the Society’s liquidity and market risk. In this role, you’ll monitor and forecast market risk positions, across different scenarios, making sure we stay within our risk appetite. You’ll provide clear insights and analysis that help shape decisions across the business, from balance sheet planning to net interest income forecasting. You’ll also play a part in regulatory reporting and contribute to strengthening our liquidity risk framework.
About You
You’ll be someone who enjoys working with numbers and data, with strong skills in Excel, ALM modelling tools or programming languages. You’ll be confident handling large datasets, spotting trends, and turning them into meaningful insights. Experience in a regulated environment — ideally in Treasury, ALM or Financial Planning — will help you hit the ground running, along with a good understanding of liquidity risk, interest rate risk in the banking book (IRRBB) and financial performance metrics. We value clear communication, attention to detail, and a collaborative approach. If you’re curious, proactive, and keen to improve processes, you’ll fit right in.
About Us
You’ll be joining a dedicated and collaborative Asset and Liability Management team focused on delivering insights that shape the Society’s financial strategy. Together, we balance technical expertise with curiosity, making sure our decisions support both financial resilience and long-term sustainability.
As an inclusive employer and member owned mutual, we aim to reflect the diverse communities we serve and encourage applications from candidates of all backgrounds. We believe everyone should feel valued, respected, and celebrated for who they are, we want colleagues to feel this is a place they belong. A place to be you.
What do you get in return? As well as receiving a competitive annual salary based on above-market pay scales, our reward package includes:
Financial
Corporate bonus scheme (on target 5%, up to a maximum 10%)
Pension scheme (up to 9% employer contribution)
Annual performance related pay reviews
Colleague mortgage scheme
Electric car salary sacrifice scheme
Life assurance (4x salary) and income protection
Access to our financial advisers
Access to a range of high street and online discounts
Work/Life Balance
A 35-hour weekly contract - We are happy to talk flexible working and welcome discussions
25 days’ annual leave + bank holidays (rises to 30 with length of service)
The option to buy and sell up to 5 days’ holiday
Hybrid working (typically 3 days’ home based)
Above statutory family leave entitlement - 3 months full pay, 3 months half pay, regardless of gender or route to parenthood
Health and Wellbeing
Access to a health cash plan through a Medicash scheme
Access to an employee assistance programme
Free onsite gym at our Cobalt head office and access to discounted gym’s
Two paid volunteering days’ each year
Cycle to work scheme
Recognising there’s no one-size-fits-all approach to recruitment, we’re committed to ensuring every candidate has the opportunity to showcase their full potential throughout the recruitment process. We strive to make our processes as accessible as possible, if there are any ways in which we can provide support or make adjustments, we would love to discuss this with you, you can contact your Recruiter for this vacancy at ruth.wood@newcastle.co.uk