Financial Governance Manager

BMW Group; Farnborough; On-site; GBP 45,000 - 75,000; Full time

Job description

BMW Group Financial Services UK is seeking a seasoned Financial Calculations Expert with Project Management experience to lead a new approach to Calculations Governance. This pivotal role will oversee all financial calculations across our UK and Ireland operations, ensuring compliance with regulatory standards. This role is based at the Summit ONE Campus in Farnborough.

What Awaits you?

1. Lead the Calculations Governance Framework: Establish and implement a comprehensive framework for all business calculations related to processes, products, and services, fostering a culture of governance aligned with FCA Guidelines and Consumer Duty.
2. Calculations Mapping and Repository: Create a centralised repository of calculations, mapping them in accordance with the new governance framework to support all stakeholders.
3. Ongoing Governance and Validation: Develop a robust governance framework to ensure the accuracy and compliance of financial calculations, continuously validating them against processes and products.
4. Customer Remediation Support: Analyse and validate calculations to address any discrepancies impacting customer outcomes, ensuring alignment with regulatory requirements.
5. Governance Management Roadmap: Collaborate with stakeholders to outline a future roadmap for calculations governance, developing an approved blueprint for management. This includes presenting findings to senior stakeholders and sponsors, effectively influencing decision-making, and securing buy-in from the business to ensure alignment and support for the proposed initiatives.
6. Expertise and Training: Be recognised as a go-to expert in financial calculations around the business, providing training and mentoring to enhance awareness and understanding of the governance framework.

What should you bring along?

1. A strong academic background in mathematics or accounting, or extensive experience in financial modelling and data analysis.
2. Proven project management skills to develop a sustainable governance framework.
3. Expertise in financial modelling, calculations, and data analysis, with the ability to interpret and translate complex financial data.
4. Familiarity with finance-related systems and accounting principles, along with knowledge of financial modelling tools.
5. Experience in financial governance using methodologies like Lean or Agile.
6. Excellent communication skills, capable of engaging with stakeholders at all levels and presenting findings effectively.
7. Strong prioritisation and workload management skills, with a collaborative and self-motivated approach.
8. Understanding of regulatory requirements, including Consumer Duty and FCA Guidelines.
9. Commercial awareness and a customer-centric mindset.
10. Knowledge of Fleet Management and Quotation Systems (e.g., Fleetware, ICON, FAMOS, SEAL) is a plus.

This is an exciting opportunity to shape the future of financial calculations governance at BMW FS. If you are ready to make a significant impact, we want to hear from you!

Internal Job title: Calculations Governance Manager

Closing Date: 21st April 2025

At BMW Group, we are committed to offering our employees the right balance between work and personal life. We pride ourselves on being a flexible employer and for most roles, it could be possible to agree flexible hours, job share, compressed hours or part-time working hours so please discuss your individual requirements as part of the application process so we can try to agree a suitable arrangement. For this role, we also support a hybrid model which combines remote and office working.

We also have several employee resource groups. If you’d like to speak confidentially to any of these groups before applying for a role, please email us directly at [e-mail] and we can arrange an informal discussion.

In 2025 BMW Group Financial Services UK was recognised as a Top Employer. We invest in our employees and embrace a culture of flexible working as well as promoting a positive, supportive culture and working environment. We are based in prestigious offices in Farnborough that provide a great place to work with good people and an exciting, engaging, industry-leading brand.

Successful candidates will be required to complete background screening checks and the offer of employment will be subject to results which we consider are satisfactory. Checks will include references, right to work, IT system Compliance Integrity Check (COIN), CV and relevant qualifications. Checks may also include criminal records, adverse financial (credit), directorships, address, internet research, and/or driving licence. If you have any queries on any of these checks, please discuss with us and we will be happy to go through with you in more detail.

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