Senior Manager – Interest Rate Risk Reporting (Mat Cover)
Location: Leeds
Salary Range: £90,440 - £117,040
Working Pattern: Hybrid Working
End Date: Friday 31 January 2025
About this opportunity
At Lloyds Banking Group, we have a clear purpose; Helping Britain Prosper. We do this by creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good. Could you help us make this possible?
The Interest Rate Risk Reporting team sits within Treasury Reporting and Finance (part of Group Corporate Treasury) made up of around 100 colleagues based in London and West Yorkshire. The reporting team is responsible for the provision of financial risk modelling, reporting and analysis to a wide variety of internal and external partners. Our team plays a critical role in the understanding, monitoring, reporting and execution of financial risk management for the Group.
This is a fixed term contract role for maternity cover expecting to start in March/April. The position is a leadership role with the management of 18 colleagues and plays a key role in the strategic direction of the wider Treasury team based in Leeds. The team has diverse abilities of technical expertise, Treasury subject matter experts and change management experience and is responsible for the measurement, modelling and reporting of interest rate risk in the banking book.
Day to day, you will:
* Lead a team responsible for end-to-end IRRBB measurement and reporting.
* Deliver NII and balance sheet results for regulatory stress testing as part of Pillar 2, including both internal stress testing and the Bank of England Annual Cyclical Scenario (ACS).
* Oversee the delivery of key IRRBB reporting such as NII sensitives and market value to measure exposure against internal risk appetite as well as regulatory returns.
* Drive continuous improvements through modelling changes and ensuring a robust control framework is applied to change management.
* Work with second line risk to align with relevant policies and governance, model governance and change management policies.
* Support the business with insightful analysis from treasury data and modelling.
* Establish effective relationships with key collaborators across GCT and the wider Finance community.
* Effectively lead a team with varied strengths, setting clear objectives in line with the overall team purpose and providing clear and open feedback.
* Contribute to the wider team leadership and strategy.
What you’ll need:
* Good experience of working with and managing large teams responsible for Finance, Risk or Treasury data and technology.
* Strong understanding of Treasury’s purpose and the financial risks it manages, with a specific focus on interest rate risk.
And any experience of these would be really useful:
* Deep understanding of the interest rate risk measurement techniques and regulation.
* Experience of working in and/or managing teams responsible for risk reporting, including regulatory.
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.
If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.
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