Manager - Group Cost & Conduct Edinburgh, Scotland
Lloyds Banking Group
Full Time
Edinburgh, Scotland
48784 - 60980 GBP ANNUAL Today
Job description
End Date
Thursday 02 March 2023
Salary Range
£48,784 - £60,980Agile Working Options
Job Description Summary
This is an exciting opportunity to join the Group Cost & Conduct Finance team in a high-profile role. The role will provide you with an understanding of the Group’s cost base, including central conduct provisions, analysing trends, building insightful reports, and communicating the findings to senior management to aid key decision making. It will also provide the opportunity to develop a wide range of skills, and act as an excellent platform for further career development.We are looking for great people and therefore may flex responsibilities depending on experience, development goals and team capacity – so whilst the accountabilities below focus more on Cost activities this is just an example. If any of these activities sound exciting then get in touch, and we can discuss further.
We are a team of around 20 colleagues responsible for the management of the direct cost base including cost category and finance division partnering, and financial oversight of central remediation. The team works across sites in London, Edinburgh and Gloucester, with flexibility as to whether the vacancy is primarily based in Edinburgh or London.
We operate on a hybrid basis with a mix of two office days and working from home.
A brief overview of the team can be seen via the following link:
https://web.microsoftstream.com/video/d8c37a13-1800-4baa-bd75-eae3702e4f44
Job Description
What could you be doing?
As noted above, responsibilities will be agreed through the recruitment process - feel free to discuss in advance for any specific areas of interest
Oversight of Costs and Conduct monthly reporting within a strong financial control framework, including cost management, legal entity reporting and leading a wide range of relationships including Divisions / Cost Categories / Group Investment / internal and external audit / Investor Relations / Strategy
Deliver insight into the end to end finance process from management reporting, (e.g. QXF & 4YOP) through to External Reporting statements and Investor Relations queries
Simplify complex financial data to deliver focussed MI to senior forums incl. Group Cost Management Committee and GEC, develop strategies, communicate effectively using different media and drive the delivery of key activities
Support the build and optimisation of key Conduct provision models and provide technical expertise and knowledge of the drivers
Participate in team development activities including identifying and driving opportunities for process improvements
What can we offer you?
A friendly, collaborative and encouraging team, with a strong culture of cross-skilling and emphasis on internal team role rotations
The opportunity to become more involved in specific pieces of work that are of interest to you, to support development and provide additional stretch
A platform to build a network across Central Finance and wider Finance, with visibility of senior partners
Regular check-ins to support your development and future career aspirations and opportunity to work with a broad range of team members
Key Accountabilities
- Produce accurate monthly Costs reporting for Executive Committees; adding insight and partnering divisional teams
- Produce quarterly competitor analysis, identifying cost drivers and trends and producing summaries for the Group Financial Controller
- Provide support for monthly Group and divisional cost meetings, supporting the senior team members to produce ad-hoc analysis and proactively identify areas of interest for upcoming meetings/playback sessions with senior partners
- Present to senior partners on a regular basis, communicating the monthly/quarterly story, providing challenge to divisions, and taking a hands-on approach to engagement across both costs and conduct
- Support quarterly external reporting processes, working on updates to Executive Committees and engaging with Investor Relations
- Provide technical expertise and knowledge to the rest of the Finance team around the cost base and its drivers
- Operate a strong financial control framework, ensuring existing control measures (e.g. SOX, accurate legal entity reporting, internal/external audit compliance) continue to be handled optimally, but with an eye for continuous improvement
- Simplify complex financial data, deliver focused MI, communicate effectively to a broad range of partners using different media, and drive key activities
- Be active in team development activities including identifying and driving improvements and contributing towards a feedback culture
Skills Required
- Fully qualified accountant with minimum 3 years post qualified experience (ACA, ACCA, CIMA etc.), with experience within financial services highly desirable
- Experience of financial systems (e.g. SAP, Planning Analytics, Wdesk) useful and ability to manipulate complex data in Excel to provide clear management information
- Experience of business partnering senior stakeholders and ability to communicate a clear story from complex information
- Attention to detail, with a focus on producing well considered insight and analysis with a high degree of accuracy
- An inquisitive mentality and proactive approach to problem solving, partner management and operational improvement
- Ability to ensure robust and accurate processes are put in place, controlled, and continually refined
- Positive interpersonal skills, with the ability to build networks, challenge, influence and agree actions
- Desire to make a difference to stakeholders and the team
And in return:
It is a very exciting time to join LBG. Together we'll continue our market leading, ground breaking transformation and you'll help us realise the Group’s vision to become the Best Bank for Customers. Here, you'll grow as a person and develop your career.
In addition to the salary quoted, the position also offers:
- Discretionary Performance Share Award
- Generous pension contribution
- A flex benefits cash pot you can adjust to suit your lifestyle (4% on top of your basic salary)
- Private health cover
- Share schemes
- 30 days holiday plus bank holidays
.
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!
So if you have the skills we’re looking for, we’d love to hear from you!
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.
