Analyst - Impairment - London or Flexible London, England
Lloyds Banking Group
Full Time
London, England
30132 - 33480 GBP ANNUAL Today
Job description
End Date
Thursday 02 February 2023
Salary Range
£30,132 - £33,480Agile Working Options
Job Description Summary
Lloyds Banking Group is the UK's largest Retail and Digital bank, a leading insurer and mortgage lender with millions of customers to please.And with an employee benefits package you can tailor to suit your lifestyle a customer focussed role with us brings many exciting rewards...
Job Description
For starters, we'll give you a competitive starting package that comes with a bonus opportunity!
We'll also provide addition benefits which you can take as cash or spend on a wide range of options such as:
- Buying extra or selling holidays to suit from your 22 days leave (pro rata, including bank holidays) - ideal for half terms or that mini break.
- Extending the private medical cover you'll receive to family members.
- A Flex Card providing up to 15% discount with over 70 well known retailers.
- Tax/NI efficient electric vehicle (or bike) purchasing schemes paid through your monthly pay - supporting sustainability!
You'll also get the following:
- Various share schemes (including free shares)
- A generous pension contribution starting at 9% (rising to 15%) which comes with life cover of up to 8x salary.
- Further discounts available on the weekly food shop, travel and electronics/mobile through our PerksAtWork scheme.
We're also shaking up our package in July 2023 with Flex and bonus being incorporated into your salary - benefitting your pension and take home pay.
Finally also have a number of free health and well-being offerings as well as generous parental/adoption leave policies.
So you can be sure we're investing in your future.
So what's involved?
In this rare and impactful role, you’ll be working within the Unsecured Impairment team within the Risk division. You’ll be working in a role that matters, and you’ll be given the opportunity to contribute towards exciting projects that impact on our customers and the group as a whole.
As one of our valued Analysts you’ll monitor, support, and provide analytical insight into a range of risk management processes, in particular IFRS9. Work closely with a variety of teams, Modelling, Collections & Recoveries, finance, and Credit Risk, to ensure risks are both captured in our Impairment charge and our impairment forecasts.
You will be joining a team that:
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Is responsible for impairment reporting, forecasting and stress testing on our Unsecured portfolios.
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Helps set the agenda for risk management by using analytics to translate complex issues and portfolio trends into actionable insight for stakeholders and senior executives.
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Contributes towards strategic initiatives and regulatory change to support LBG’s aim of being the Best Bank for Customers.
- Places a strong focus on colleague well-being and development and encourages cross-product working across our wider team.
So what are we looking for?
- Interpreting monthly impairment results - managing, tracking and explaining the movements.
- Working in a fast paced environment with a highly analytical approach to problem solving and performing variance analysis
- Experience of extracting, manipulating and interpreting complex data with a keen eye for detail and accuracy.
- Strong stakeholder management skills with the ability to communicate complex ideas clearly including presenting results to senior leadership
In addition, the following skills/knowledge would be desirable:
- Knowledge of impairment (i.e. IFRS9) methodology.
- Knowledge/experience of forecasting and stress testing.
- Knowledge of SAS/SQL.
- Understanding of Credit Risk lifecycle and/or retail product knowledge.
About working for LBG
We're passionate about diversity and equal opportunity with industry recognition across gender, ethnicity, disability, LGBTQ+ and families.
We’re simply committed to building an inclusive environment where all our colleagues can be themselves and succeed on merit.
You'll receive excellent training and ongoing support/development and the realistic potential for progression.
So if you have the passion for all thing analytical we’d love to hear from you...
[NB Our roles often generate a lot of interest and can close early so don't miss out, apply today]
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'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.
