ALM Stress Testing Lead Leeds, England
Lloyds Banking Group
Full Time
Leeds, England
61911 - 68790 GBP ANNUAL Today
Job description
End Date
Thursday 01 June 2023
Salary Range
£61,911 - £68,790Agile Working Options
Job Description Summary
At Lloyds Banking Group, we're inspired by a clear purpose - to help Britain prosper. We want to become the best bank for our customers as what we do makes a genuine difference to families, businesses and communities.Finance is key to that success by securing and building the financial strength and performance of the Bank, so we can go on to help our 30 million customers.
The Treasury Reporting and Analytics team is a key part of Group Corporate Treasury (GCT) and is based in Leeds.
This role is within their ALM (Asset & Liability Management) Modelling and Forecasting team and involves being responsible for a team that models the divisional balance sheet and calculates Net Interest Income for internal and regulatory stress tests.
This friendly and supportive team plays a vital role in understanding and reporting on the divisional (both Retail and Commercial Bank) balance sheet and the Group's overall financial performance in a stressed market environment.
Job Description
What you’ll be doing:
- Proactive engagement with all stakeholders regarding the delivery of stress testing modelling and reporting for the Group and its’ entities.
- Lead with the modelling and explanation of key drivers behind risk exposures in stress testing to the Finance and Risk partners.
- Presenting results to committees, senior executives and regulators.
- Managing a team of two assistant managers and supporting their development.
- Proactively contribute to the continuous development of the models/applications used for stress testing whilst optimally prioritising between inbound change, regulatory change and operational improvement.
- Understanding and challenging customer behavioural assumptions.
- Continually build and maintain collaborative relationships with Risk and Finance partners to support the delivery of quality and timely reporting in stress tests.
- Planning and coordination of the stress testing process working with key stakeholders in Finance and Risk.
- Responsible for leading and implementing robust processes to support team objectives including reporting, controls and management information.
- Act with attention to detail and control to minimise operational risks via robust control frameworks underpinning processes whilst escalating and providing visibility to known risk.
- Continuously challenge existing process to identify operational improvements to enable time for value adding activity and qualitative review.
Key capabilities/knowledge:
You’ll ideally have a Treasury background with an experience of stress testing and managing a team. Financial backgrounds with a broad understanding of Treasury’s purpose will also be considered.
You’ll have a good understanding of Excel functionality and capabilities to proactively review, challenge and streamline existing models or build new modelling capability.
You’d get a benefits package that includes;
- A performance related bonus
- Generous pension contribution
- Up to 30 days leave plus bank holidays
- A flexible cash pot (4% of base salary) to spend on benefits
- Private health cover
We're dedicated to giving you opportunities and support to develop you both expertly and personally to optimise your potential.
As a new colleague, you’ll join us on our journey to build a 21st century bank that reflects modern Britain and craft an inclusive culture where all colleagues feel encouraged and valued.
We're committed to building a workforce which reflects the diversity of the customers and communities we serve, and to building an inclusive environment where all our colleagues can be themselves and succeed on merit. We support the principles of agile working and are happy to consider flexible working arrangements. We're an equal opportunity employer and deeply value diversity within our organisation.
Together we make it possible.
At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.
We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.
