Lloyds

Manager - Finance Valuation Control, Derivatives & PruVal (FTC)

London,United Kingdom
  • Salary average
    78849  -  87610YEAR
  • Type of employment
    Contract, Full-time, Temporary

Company

Lloyds Banking Group is a leading UK-based financial services group. We provide a wide range of banking and financial services, focused primarily on retail and commercial customers.

Responsibilities

Skills used at work

    End date

    Tuesday 14 May 2024

    Salary range

    £78,849 - £87,610

    We support agile working

    Click here for more information on agile working options.

    Agile Working Options

    Hybrid Working

    Job description

    Job Summary:

    JOB TITLE: Manager - Finance Valuation Control, Derivatives & PruVal

    SALARY: Salary from £78,849

    LOCATION(S): London

    HOURS: Full time

    WORKING PATTERN: Hybrid, 40% (or two days) in an office site

    *This is a 9 month secondment opportunity*

    About this opportunity

    The Derivative and Prudential Valuation team are a very approachable team, always happy to answer questions and support your development! We work closely together to deliver and develop, strongly encouraging knowledge sharing and cross skilling

    The team are responsible for performing valuation related activities for derivative exposures across all divisions.

    We're part of the Commercial Banking Finance community, but our work across divisions means we also enjoy close working relationships with teams across the group including GCT, Insurance and Risk

    You'll have the opportunity to develop technical skills as well as a commercial understanding of the Products, Businesses and Risks associated with Fair Value instruments – becoming a recognised specialist in valuations and able to support a senior audience, as well as providing insight and governance for key internal committees (e.g. Valuation Committee) and regulatory bodies (e.g. PRA)

    You'll also build a great foundation in Commercial Banking Finance, developing strong communication skills and relationships across the group and gaining insight into exciting businesses including Trading, Treasury and Insurance.

    This role will also provide the valuable building blocks around understanding pricing and valuations, which are highly regarded and transferable to other roles across Finance, Risk and Front Office.

    Key activities could include:

    Assisting with database design and development to support the Trading Book Wind Down process

    Technical database support for the IPV and Prudential Valuation processes

    Identifying new opportunities for process improvement and control through enhanced use of the existing IT infrastructure

    Documenting key databases and processes

    About us

    We're on an exciting journey to transform our Group and the way we're shaping finance for good. We're focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.

    What you'll need

    We're looking for a pro-active and self-motivated individual with some understanding of Commercial Banking and an ability to form important relationships.

    You're expected to have experience of working with large datasets and have the ability to interrogate data across the Microsoft Office suite (Access, Excel) as well as Microsoft SQL Server Management Studio.

    Other key skills:

    Strong Microsoft Access and Excel skills

    SQL and VBA programming languages desirable

    Problem solving and critical thinking skills

    The ability to explain technical topics to non-specialist audiences

    Challenging constructively to support better quality outputs and outcomes

    About working for us

    Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms.

    We want our people to feel that they belong and can be their best, regardless of background, identity or culture.

    We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.

    And it's why we especially welcome applications from under-represented groups.

    We're disability confident. So, if you'd like reasonable adjustments to be made to our recruitment processes, just let us know.

    We also offer a wide-ranging benefits package, which includes:

    • A generous pension contribution of up to 15%
    • An annual bonus award, subject to Group performance
    • Share schemes including free shares
    • Benefits you can adapt to your lifestyle, such as discounted shopping
    • 30 days' holiday, with bank holidays on top
    • A range of wellbeing initiatives and generous parental leave policies

    Want to do amazing work, that's interesting and makes a difference to millions of people? Join our journey.

    Job posted: May 01, 2024

    Expiration date: May 14, 2024