Agile Working Options

Other Agile Working Arrangements / Open to Discussion

Job Description Summary

An excellent opportunity has arisen within the Treasury Markets, Rates & FX Market Risk team within the Chief Operating and Risk Science Office. This is an exciting opportunity to be part of a team in a changing and challenging environment, which offers considerable scope for personal development. This team’s main aim is to provide robust and informed challenge to the first line of defence in relation to market risks affecting the Group.

Job Description

This is a "consultancy style" market risk role with the opportunity for exposure to both trading and banking books where you will;

• Act as a business liaison to help identify and understand the evolution of market risk including tracking issues and raising and closing of actions where appropriate.
• Provide independent second line opinion on frontline proposals. This includes, but is not limited to; business proposals, new products, risk appetite, funding plans & issuance, balance sheet management activities and impact assessments of changes to market risk regulations.
• Contribute to the revision, improvement and embedding of the market risk framework, including best practice and standards, both internal and external.
• We review our strategies, risk appetite and policies on a dynamic basis.
• Develop & maintain a high level of sector knowledge. Be aware of changes in the economy which will affect our customers.
• Undertake ad hoc projects, build effective relationships with key stakeholders and provide a focus for expert guidance on all market risk issues.
• We also regularly contribute to initiatives within Market Risk and a versatile approach and ability to respond to tight deadlines is needed to achieve this.

About You

Shown the ability to learn quickly and adapt to new challenges. You have communication and influencing skills, including an ability to get key points across succinctly. Enjoy problem solving, using your initiative and the challenge of a wide variety of work, across different portfolios, risk types and businesses. Interested in current affairs both in the UK and Globally.

Able to adopt a risk mind set and consider how internal and external factors may impact the risk performance of our positions. Be confident to ask the difficult questions and constructively challenge the status quo and be comfortable making and rationalising decisions! It would be advantageous if you demonstrate knowledge or experience across one or more of the following areas:

• Derivatives - including their uses and pricing (e.g. interest rate swaps, options, futures, total return swaps, equity derivatives)
• Analysing and explaining the key drivers of both NII and EVE sensitivity across products.
• Knowledge of risk-related regulations, their application and impact on the banking industry.
• Stress testing (PRA, EBA and Internal).
• Experience interacting with partners from across a wide range of business areas including Finance, Treasury, Risk, Audit, Retail and the Commercial Bank.

Does this sound like you?

We're looking for someone who excels at critical thinking, who is willing to challenge, and who is able to think creatively about risks others may have missed. Is keen to work as a member of a small specialist risk team supporting both customers and shareholders through a prudent approach to risk. We deeply value diversity within the team. Applications from those wishing to work on an agile basis are very welcome as we openly support a variety of working arrangements across the team.

What you’ll receive in return…

You’ll be offered a competitive package which includes...!

• Salary – dependent on experience,
• Bonus,
• A generous pension contribution; and
• Flex cash to spend on a host of benefits to suit your lifestyle

As a new colleague, you’ll join us on our journey to build a 21st century bank that reflects modern Britain, and craft an inclusive culture where all colleagues feel welcomed and valued.

We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We support the principles of agile working and are happy to consider flexible working arrangements. We're an equal opportunity employer and deeply value diversity within our organisation.

Together we make it possible.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain recover. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.