Finance Manager, Lloyds
Valuation Control
£65.4-72.7k
An annual performance-related bonus + Share schemes including free shares
Retail and commercial bank
Job no longer available
Retail and commercial bank
1001+ employees
Job no longer available
£65.4-72.7k
An annual performance-related bonus + Share schemes including free shares
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- Experience in banking or financial markets, ideally within finance or product control
- An understanding of financial mathematics including yield curve construction and discounted cashflow techniques
- Strong Excel capability
- The ability to collaborate effectively with colleagues and partners
Desirable
- Experience coding in VBA, SQL, Python or other languages
- Experience working with auditors or supporting SOX controls
- Accounting or financial analyst qualifications
- Knowledge of the Totem Consensus service
What the job involves
- Finance Valuation Control (FVC) sits within Commercial Banking Finance and is the centre of excellence for valuation oversight and independent price verification across Lloyds Banking Group. You will join our Specialist Valuation team which works closely with teams covering Derivatives and Prudential Valuations, Insurance, Change and End User Developments
- Together we support valuations for a wide range of banking book exposures including private equity, investment property, credit assets, facilities, securitisation and valuation adjustments
- As the business grows and new fair value models are introduced, this role strengthens valuation controls, enhances management information and contributes to improvements across our valuation approach
- Support the independent price verification of all pricing parameters used in valuation reporting for your assigned portfolios and models
- Prepare and present clear commentary on valuation results, trends and observations to Finance, Risk and Business teams
- Apply a commercial view to fair value drivers to support forecasting and scenario analysis
- Improve processes, streamline analysis and enhance management information
- Contribute to business development where new assets require fair value measurement and assess the implications of different IFRS classifications
- Maintain documentation for valuations and IPV activities, ensuring controls and methodologies are kept current
- Support governance activity including preparing papers for Valuation Committees
- Work alongside valuation specialists to support discussions on valuation risk
- Help manage internal and external audits related to valuation activities
Application process
- End Date: February 8, 2026
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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