Head of Product Control - Financial Markets
Location(s): Edinburgh, London
Salary: £124,653 - £181,610
Hours: Full-time
Working Pattern: Hybrid (at least two days per week in the office)
About this opportunity
At Lloyds Banking Group, we have a clear purpose; to help Britain prosper. We create and maintain effective control and governance over the valuation and disclosures associated with all Fair Value products held on the LBG balance sheet. This involves daily reporting of profit and loss, verifying prices independently, and overseeing core valuation meetings with internal and external customers.
The Head of Product Control is responsible for coordinating a team of technical finance specialists, leading all aspects of the daily P&L production for both the trading desks and treasury desks of LBG. You will represent the function at senior internal and external meetings discussing daily P&L and trading controls.
Day to day, you will:
* Be the trusted advisor to senior stakeholders for all product control activities, controls, and practices;
* Own the production of daily P&Ls and explain movements whilst maintaining outstanding levels of documentation and governance;
* Use your expertise in technical accounting, valuation methodologies, and industry standard processes for product control to craft the future vision of FVC;
* Lead on the support of business process reviews across FVC.
What you’ll need:
* A qualified accountant with expertise in senior roles in the banking and financial services industry;
* Significant experience in traded products, valuation methodologies, and daily P&L production/explanation, including expertise in Fixed Income, Credit, xVA, and medium- and short-term Funding;
* The ability to develop strong working relationships and influence at senior levels internally and externally;
* Proven leadership skills, with a track record of managing and leading successful teams;
* An inquisitive personality with a desire to challenge how we do things.
About working for us
We’re committed to building an inclusive organization that reflects modern society and celebrates diversity in all its forms. We especially welcome applications from under-represented groups.
We also offer a wide-ranging benefits package, which includes:
* A generous pension contribution of up to 15%
* An annual performance-related bonus
* 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 makes a difference? Join our journey.
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