Markets Trade Controls Associate London, England
Lloyds Banking Group
Full Time
London, England
45198 - 52731 GBP ANNUAL Today
Job description
End Date
Monday 05 June 2023
Salary Range
£0 - £0Agile Working Options
Job Description Summary
We have a great opportunity to work within the recently formed Trade Controls Office, sitting within our Commercial & Institutional Banking division (CIB).Our team is responsible for ensuring compliance with regulations relating to Trade Controls across a variety of market products (e.g. for regulated derivative trading, bond markets, money markets) and proactively lead the risk and control framework across the Ring Fenced Bank and Lloyds Bank Corporate Markets (Non-Ringfenced Bank - through a shared service), in the first line of defence.
Job Description
We're looking for a new Associate to pro-actively work on the improvement and automation of relevant trade controls through strategic programmes and use data analytics to support decisions. You'll assist with providing assurance to Senior Management that we're delivering on Prudential Regulation Authority (PRA) commitments in relation to Trade Controls. This is a new area for the bank and an exciting opportunity to join a team in its early stages.
What you'll be responsible for:
- Supporting the team and playing a key role in the PRA Trade Controls Programme on behalf of the Ringfenced Bank and Non-Ringfenced Bank.
- Supporting LBG’s integrated market products trading supervisory system
- Ensure that appropriate indicators are developed and used to provide insights on the risk and control environment, sharing the insights across teams to support end to end risk management
- Utilise your experience to deliver improvements through the use of data, technology and automation
- Champion the team’s automation agenda, seeking to increase analytical capability via data-driven analysis, dashboards and improving processes.
- Working with the Trade Controls Officer to ensure compliance with Trade Control regulations
- Assist in the planning and assessment concerning mapping of key processes and controls across Front, Middle and Back Office
- Understand root cause and mitigating actions for material events/events and incidents
- Pro-actively work with internal and external partners to meet expectations and timescales
Knowledge, Skills and Experience:
- Able to use data to make strategic or difficult decisions, understanding the data and what it's telling you - can find the insight and the compelling ‘so what’ story
- Awareness of risks and controls associated with Trade Controls would be desirable, but we can help you to develop these skills if you do not have this experience
- Able to tell simple stories, using insights and data, communicating across a diverse range of partners
- Knowledge of current and emerging technologies, products and services offered by LBG businesses and a good understanding of our customer and operational risk profile.
- Ability to use a range of analytical tools and techniques, to make clear recommendations and provide solutions to business needs
- Excellent verbal, written and interpersonal communication skills to work with people at all levels
Capabilities:
- Makes sound decisions using knowledge, skills and judgement.
- Natural curiosity, desire to learn and develop new skills
- Ability to influence and build strong working relationships.
- Capable in delivering informed and coherent materials for senior partners
- Deliver insight, challenge and advice whilst building collaborative relationships across LBG
Interested? Apply today! Together we make it possible.
What We Offer You
CIB represents a diverse team of motivated colleagues from a range of different backgrounds. We believe that having a diverse team helps us to deliver the best outcomes for our clients and for the bank. In our team we champion an inclusive culture where everyone is welcome and respected.
In return, alongside a competitive salary (£45,198 - £52,731 for a London aligned colleague) you’ll receive:
- A Discretionary Performance Share Award
- Generous pension contribution and 28 days leave plus bank holidays
- Flexible benefits you can adjust to suit your lifestyle
- Private health cover and access to Share Schemes
We work in hybrid ways which involves spending at least two days per week or 40% of your time at one of our office sites.
We're also passionate about diversity and equal opportunity with industry recognition across gender, ethnicity, disability, LGBTQ+ and families. And, being disability confident, reasonable adjustments can be accommodated in our Recruitment process, just let us know.
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.
