Senior Manager, Group Corporate Finance London, England
Lloyds Banking Group
Full Time
London, England
76440 - 95550 GBP ANNUAL Today
Job description
End Date
Tuesday 07 February 2023
Salary Range
£76,440 - £95,550Agile Working Options
Job Description Summary
At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best Financial Services provider for our customers. Through our brands, our Group has a relationship with just about every household and community in the UK. We underpin the lives of millions of individuals and businesses, and play a key role in helping to build a growing UK economy.
Job Description
An exciting opportunity has arisen for a forward-thinking and motivated individual to join the Group Corporate Finance & International (GCFI) team, with a focus on the Group’s Mergers & Acquisitions (M&A) activities.
The team is responsible for advising Group Corporate Development and Divisional Finance teams on all financial aspects of LBG’s prospective M&A deals and strategic equity investments. Through this unique opportunity, the successful candidate will gain considerable exposure to strategic decision making and corporate finance solutioning, build relationships with senior stakeholders across the bank, and help shape the future of the Group through enabling its inorganic strategy.
What you'll be doing...
- Establish and lead the finance work stream for each transaction to support the execution of inorganic projects
- Scope, coordinate, and drive the financial due diligence process in conjunction with external advisors
- Conduct quantitative and qualitative analysis of business valuations to support the transaction evaluation; this includes business plan review, financial modelling, sensitivity and scenario analysis, and impact assessment on financials
- In conjunction with relevant specialists, evaluate deal structure (and understand pricing of various convertible structures), develop accounting & capital treatments, ensure all financial risks and impacts are rigorously assessed, and communicate commercial implications for each transaction
- Assess value creation potential within GCFI and develop action plans to deliver against process improvement initiatives
- Mentor and develop the skills and capabilities of junior members within Corporate Finance team
You'll need...
- A recognised finance or accounting qualification (ACA/ ACCA/ CIMA/ CFA or similar)
- Experience in corporate finance/ M&A space with strong examples of how to deliver value to the deal process
- Strategic thinker who possesses a proven advisory toolkit with polished communication skills and the ability to influence senior stakeholders
- Creative problem solver with critical thinking/ questioning mind and good research skills
- Highly numerate and analytical with commercial awareness and the ability to quickly understand large amounts of information and draw out hypotheses and/or key messages
- Ability to demonstrate application of key accounting standards (i.e. IFRS 3, IFRS 5, IFRS 9, IFRS 10, IAS 28, IAS 37, etc)
- Continuous improvement mentality and ability to identify shortcomings in the existing practices and inspire changes with a disciplined and structured approach
- Relationship and stakeholder management
- Comfortable taking ownership and able to act on own initiatives
- Advanced Excel and PowerPoint skills
- Good time-manager who can balance across multiple time-critical projects (flexible in terms of daily work patterns as M&A work has large peaks and troughs)
It would be beneficial to have...
- Relevant sector experience with a strong understanding of how banks operate, different types of products they offer & business models (Consumer Finance, Insurance & Wealth Management, Fintech’s, etc.)
- Understanding of banking capital modelling and solvency II, but not required
- Statutory/ Regulatory/ Capital Reporting knowledge is an advantage
If this is you, come and join our inclusive, values-led culture where we're passionate about making a difference! At Lloyds Banking Group 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, can be themselves and succeed on merit.
Here's what we can we offer you in return...
Whatever your aspiration, you can also expect excellent benefits, personal development and a career that’s enriching and full of opportunity.
You'll also receive a package that includes...
- Discretionary bonus
- Private Medical Insurance
- Pension, where we'll give up to a max of 15%
- Share plans
- 30 days holiday (plus Public)
You’ll learn new skills and be given opportunities to grow and develop to help you achieve a rewarding and fulfilling career. We’re a very supportive team who care about your wellbeing. Our Hybrid ways of working means that you can find a work-life balance that suits you, with a mix of home and office working. The expectation currently is that you work a minimum of two days a week in the Office.
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.
Are you interested in joining us? Apply today, we’d love to hear from you.
Will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Together we'll 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'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.
