Head of Finance, Lloyds
Group Investment & Cost Partnering – GCOO Platforms
£130.7-153.7k
+ annual performance-related bonus, and share schemes
More information about location
2-3 days a week in office
Retail and commercial bank
Job no longer available
Retail and commercial bank
1001+ employees
Job no longer available
£130.7-153.7k
+ annual performance-related bonus, and share schemes
More information about location
2-3 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
- Leading, motivating and driving the team of Business Partners providing front line Business Partner support to Group COO Platforms
- The knowledge and experience to oversee one of the largest and most sophisticated areas within GCOO and manage multiple senior stakeholder representing cross-divisional and strategic Group activity
- Strong business partnering capabilities to support a number of GCOO CIOs and Leadership team members and support the delivery of Finance Transformation, helping to support one of the most significant transformation journeys at Lloyds
What the job involves
- Sitting within Central Finance the Group Investment & Cost Partnering team are the front line into the GCOO business who delivery the Group Change agenda
- The team think strategically to support delivery and are trusted advisors to the Business and its Leadership Teams
- Business Partners provide challenge and insight and need to demonstrate an un-questionable appetite to understand the Businesses they support
- Using knowledge of the cost drivers, they clearly and concisely articulate the story behind monthly results to senior customers and support planning and forecasting activity, providing innovative ideas and analysis
- Our proud culture of Building the Best Team in Finance and our subdivision promotes a positive, empowered culture
- You’ll enjoy contributing to a diverse and inclusive team and thriving in an innovative and exciting work environment!
- Lead Finance Business Partnering team activities including but not limited to:
- Provide Partnering support to the GCOO Core Area leaders and their business areas; managing an investment. portfolio of £c0.9bn and a BAU cost base of £1.2bn, helping them successfully plan for the future
- Contribute to the setting of direction and goals through key advice
- Present Management Reports to senior stakeholders, including the Group COO and Central Finance Director. Ensuring that results and issues are well understood and explained in a way that is relevant
- Lead a team that partners stakeholders to support headcount (FTE) reporting & forecasting and the provision of insightful and robust MI
- Work with Divisional colleagues, prepare regular forecasts including quarterly forecast and 4 Year Operating Plans. Support and challenge the business so that the plans produced are robust, with well-understood risks and opportunities
- Monitor, manage and influence business related metrics not captured on SAP including the business Organisational Design and it’s affordability in the short and medium term
- Provide commercial and decision support on key projects and multimillion contractual commitments, acting as a trusted advisor
- Become fully engaged on relevant Group Strategic projects. Ensure interlock on all investment/project benefits, payback and objectives & key results
- Provide active engagement with the Centre of Excellence to ensure an excellent flow of communication and standards of inputs/outputs
- Embed the Lloyds Banking Group culture and vision through visible leadership, being a role model for the Group’s leadership behaviours
- Build a robust team, ensuring colleagues are developed effectively, utilising the groups Your Best principles
- Proactively build external/internal networks for the purpose of commercial gain
Application process
- End Date: November 16, 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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