Group Corporate Treasury Associate Director, Lloyds
£78.8-87.6k
+ Annual bonus + Free shares
2 days a week in office ( Gresham Street, London)
Retail and commercial bank
Job no longer available
Retail and commercial bank
1001+ employees
Job no longer available
£78.8-87.6k
+ Annual bonus + Free shares
2 days a week in office ( Gresham Street, London)
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- Accounting Qualification (ACA, ACCA, CIMA)
- Post qualification experience gained within the Treasury space, although industry background is less important
- Proficiency at using MS Excel and MS PowerPoint
- In-depth knowledge and understanding of the purpose of a Treasury function within a Bank and the products used (e.g. Interest Rate Swaps, Bonds)
- An awareness of the different hedging strategies performed by a Treasury function and the concept of hedge accounting more broadly
Desirable
- Great collaboration skills
- Great influencing skills and the ability to explain and present ‘complex’ concepts in a ‘simple to understand’ form
- A commercial and strategic mentality, with the confidence to challenge assumptions
- A curiosity about how to make things better, and how to leverage data technologies (e.g. Power BI, Python)
What the job involves
- Are you an experienced Associate Director with Treasury experience looking for an opportunity to help us reach our purpose; to help Britain prosper?
- What we do makes a genuine difference to families, businesses, and communities as we play a central role in creating a thriving UK economy
- In this role you’ll be joining our Group Corporate Treasury (GCT) function, with its core purpose of arranging funding, liquidity, and capital as well as managing market risk for the Group
- Initially, your primary focus will be on complex one-off transactions, new products and new business initiatives
- Performing feasibility analysis over proposals from the business and collaborating with various teams to design innovative and efficient structures for transactions such as capital debt restructuring, securitisations, mergers, and acquisitions
- Summarising statutory and management accounting impacts of ‘one-off complex transactions’ on the Group and at legal entity levels, both on a day one and ongoing basis
- Analysing the hedge accounting impact of ‘one-off complex transactions’ and the impact on capacity in existing models
- Understanding the operational booking approach and any limitations or challenges for new products or initiatives and supporting business SMEs in designing solutions
- Assessing the level of governance required for the proposals and ensuring that we adhere to Group Minimum Standards
- Preparing governance papers including summary documents and detailed accounting analysis, hosting governance meetings to engage key business partners on a timely basis and obtaining approvals to support successful delivery
Application process
- End Date: Wednesday 10 July 2024
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.
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