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Counterparty Risk Change and Controls Manager

Job details
Posting date: 20 December 2024
Salary: £93,087 to £103,430 per year
Hours: Full time
Closing date: 10 January 2025
Location: London, London, EC2V 7AE
Remote working: Hybrid - work remotely up to 3 days per week
Company: Lloyds Banking Group
Job type: Permanent
Job reference: 125003_1734711681

Summary

JOB TITLE: Counterparty Risk Change and Controls Manager

SALARY: £93,087 - £103,430

LOCATION(S): London

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least

two days per week, or 40% of our time, at one of our office sites

If you are enthusiastic to work in a fast-paced, collaborative and inclusive environment, to help shape LBG's strategy and evolve the Risk Function of the future, this is the opportunity for you!

About this opportunity

Join us in Financial Risk Oversight (FRO) - MREC (Market Risk Evolution, Engineering and Controls) team where you'll provide insightful, high-quality analysis, advice and guidance, implement transformational change and system/operational enhancement tailored to Business and Senior colleague needs.


Day to day, you will:

  • Provide Counterparty Credit Risk SME input and act as the Counterparty Risk point of contact for assigned initiatives, support Senior Manager and Leadership Team to analyse and understand business problems, critically evaluate business ideas from a customer and commercial point of view.

  • Analyse specified problems and issues to find the best business and/or technical solutions. This includes assessing current and future state requirements from partners, performing gap analysis of change impacts, identifying target solutions and driving delivery of preferred options.

  • Develop test approaches and execute testing to ensure changes to be implemented are performing as expected.

  • Liaise with key partners (Business and Technology) within and outside Counterparty Risk in the capacity of a lead business analyst or project manager.

  • Manage and deliver change initiatives using optimal approach and good practice; skills demonstrated include effective requirement gathering and analysis, planning, documentation, stakeholder management, issue resolution, testing and deployment.

  • Deliver outcomes by managing self and/or others, work within established systems while continuously looking for improvement opportunities; use own judgment as to when complex issues require escalation.

  • Develop network to source data and information to enable timely recommendations and advice. Engage with colleagues and teams, anticipating, clarifying and shaping requirements for the purpose of optimising business results.

  • Work in other Counterparty Risk areas when required, including performing BAU Operational and/or Compliance activities

Why Lloyds Banking Group

We're on an exciting journey and there couldn't be a better time to join us. The investments we're making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

What you'll need:

  • Proven working risk knowledge with experience in Counterparty Credit Risk function

  • Knowledge of risk management practices, traded products (SFTs, Rates, FX, Credit, Inflation, Equity and structured products, etc) and knowledge of key risk measures (PFE, EE, EEPE, Settlement, etc).

  • Experience with change lifecycle and Agile Scrum/Kanban delivery methods

  • Strong problem-solving skills and good at information sharing and up-skilling others; can work both collaboratively and independently

  • Communicate effectively, delivering complex information simply and concisely

And any experience of these would be really useful:

  • Knowledge of Murex-MLC Counterparty Risk platform

  • Knowledge and experience delivering Regulatory and transformational changes

  • Knowledge of Market Risk

  • Advanced use of Microsoft Office suite

  • Advanced use of VBA and SQL

About working for us

Our focus is to ensure we're inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it's why we especially welcome applications from under-represented groups. We're disability confident. So if you'd like reasonable adjustments to be made to our recruitment processes, just let us know

We also offer a wide-ranging benefits package, which includes:

* A generous pension contribution of up to 15%

* An annual performance-related bonus

* Share schemes including free shares

* Benefits you can adapt to your lifestyle, such as discounted shopping

* 30 days' holiday, with bank holidays on top

* A range of wellbeing initiatives and generous parental leave policies

Want to do amazing work, that's interesting and makes a difference to millions of people? Join our journey.

Proud member of the Disability Confident employer scheme

Disability Confident
A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident.