Treasury & Trading Assistant Market Risk Associate, Lloyds
£63.7-70.8k
Plus an annual performance-related bonus & share schemes including free shares
3 days a week in office
Retail and commercial bank
Job no longer available
Retail and commercial bank
1001+ employees
Job no longer available
£63.7-70.8k
Plus an annual performance-related bonus & share schemes including free shares
3 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
- The ability to learn quickly and adapt to new challenges
- Well-developed written and verbal communication skills, including an ability to get key points across succinctly
- To enjoy problem solving, using your initiative and the challenge of a wide variety of work, across different portfolios, risk types and businesses
- The ability to adopt a risk mind set and consider how internal and external factors may impact the risk performance of our positions
- The confidence to ask the difficult questions and constructively challenge the status quo and be comfortable making and rationalising decisions!
- A strong working knowledge of Excel and other MS applications
Desirable
- An understanding of derivatives - including their uses and pricing (e.g. interest rate swaps, options, futures, total return swaps, equity derivatives)
- Knowledge of risk-related regulations, their application and impact on the banking industry
- Experience interacting with partners from across a wide range of business areas including Finance, Treasury, Risk, Audit, Retail and the Commercial Bank
- A working knowledge of Python (or other high-level language) and query languages (e.g. SQL, MDX)
What the job involves
- An excellent opportunity has arisen within the Treasury & Trading Market Risk team within the 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 business in relation to market risks affecting the Group
- This is a "consultancy style" market risk role with the opportunity for exposure to both trading and banking books
- 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
- 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 partners 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
Application process
- End Date: March 1, 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, but it has nonetheless stood the test of time and worked to build back its public reputation in the wake of these setbacks.
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 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.
On top of this, Lloyds Bank has shown great interest in facilitating innovation in the industry, joining as a partner on "FinTech Action Labs" to bring its industry expertise to early-stage FinTechs. The company continues to enhance its online and mobile services (it is the UK's biggest mobile bank), 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)Spent nine years at HSBC, including as Group Head of Wealth Management and Digital, and as CEO of Wealth and Personal Banking.
Share this job
View 30 more jobs at Lloyds