Traded Risk Calculation and Control Manager, Lloyds
£93.1-103.4k
+ Share schemes + Annual performance-related bonus
2+ days a week in office
Retail and commercial bank
Be an early applicant
Retail and commercial bank
1001+ employees
Be an early applicant
£93.1-103.4k
+ Share schemes + Annual performance-related bonus
2+ days a week in office
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- If you are enthusiastic to work in a fast-paced, collaborative and inclusive environment, to help shape LBG’s strategy and evolve the Risk Function of the future, this is the opportunity for you!
- Proven working risk knowledge with experience in market risk function; knowledge of risk management practices and Market Risk traded products
- Experience with change lifecycle and Agile Scrum/Kanban delivery methods
- Strong problem-solving skills and good at information sharing and up-skilling others; can work both collaboratively and independently
- Communicate effectively, delivering complex information simply and concisely
Desirable
- Knowledge and experience delivering Regulatory and transformational changes
- Technology savvy, advanced use of VBA, Python and SQL
- Successful project management delivery track record
What the job involves
- Join us in Financial Risk Oversight (FRO) Traded Risk Calculation team where you'll provide insightful, high-quality analysis, advice and guidance, oversee Risk calculations and controls, implement transformational change and system/operational enhancement tailored to Business and Senior colleague needs
- Oversee Market and Counterparty Risk calculations, monitor accuracy, completeness and timeliness of risk metrics and conduct own reporting around associated models
- Embed controls and user configurations into systems that house Risk models, calculations and processes
- Provide Market and Counterparty Risk SME input and act as the Traded Risk Calculation point of contact for assigned initiatives, support Senior Manager and Leadership Team to analyse and understand business problems, critically evaluate business ideas from a customer and commercial point of view
- Analyse specified problems and issues to find the best business and/or technical solutions
- This includes assessing current and future state requirements from partners, performing gap analysis of change impacts and identifying target solutions
- Liaise with key partners (Business and Technology) within and outside Traded Risk in the capacity of a Risk and Operations SME
- Manage and deliver continuous enhancements to BAU processes to improve risk calculations, the control framework and reporting
- Deliver outcomes by managing self and/or others, work within established systems while continuously looking for improvement opportunities; use own judgment as to when complex issues require escalation
- Develop network to source data and information to enable timely recommendations and advice
- Engage with colleagues and teams, anticipating, clarifying and shaping requirements for the purpose of optimising business results
Application process
- End Date: Wednesday 23 April 2025
Salary benchmarks
Our take
Lloyds Bank, part of Lloyds Banking Group, began operations back in 1765 and is nowadays one of the UK’s leading retail and commercial banks. As with many leading banks, the company has dealt with its share of controversy – including for its handling of PPI complaints in 2015, and the 2009 European Commission ruling that forced it to part ways with TSB – but it has nonetheless stood the test of time and worked to build back its public reputation in the wake of these setbacks.
Of the company’s 26 million customers, over 18 million of them are online, making it the largest UK digital bank. As part of its ongoing digital transformation, the company is seeking to put the cloud at the front of its services and systems, and has cited intentions to invest heavily in overhauling its current technology infrastructure. All this seeks to serve the modern banking customer, and to compete with the fast-increasing number of alternative banking options appearing on the market.
Recently, Lloyds Bank has shown great interest in facilitating innovation in the industry, joining as a partner on FinTech Action Labs (a FinTech accelerator programme) to bring its industry expertise to early-stage FinTechs. As well as investment in digital transformation and AI, the company is enhancing its wealth product and corporate banking offerings, as well as expanding its partnerships with digital banking companies.
Steph
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Company benefits
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave.
- Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
- Colleague Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
- Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our 'Your Tomorrow' scheme. You can decide how much you save and get a say in where your contributions are invested.
Company HQ
City of London, London, UK
Leadership
Charlie Nunn
(Group Chief Executive, not founder)Spent nine years at HSBC, including as Group Head of Wealth Management and Digital, and as CEO of Wealth and Personal Banking.
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