Traded Risk Calculation and Control Manager
| Posting date: | 09 April 2025 |
|---|---|
| Salary: | £93,087 to £103,430 per year |
| Hours: | Full time |
| Closing date: | 23 April 2025 |
| Location: | London, London, EC2N 1HZ |
| Remote working: | Hybrid - work remotely up to 3 days per week |
| Company: | Lloyds Banking Group |
| Job type: | Permanent |
| Job reference: | 131076_1744197152 |
Summary
JOB TITLE: Traded Risk Calculation and Control 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) Traded Risk Calculation team where you'll provide insightful, high-quality analysis, advice and guidance, oversee Risk calculations and controls, implement transformational change and system/operational enhancement tailored to Business and Senior colleague needs.
Day to day, you will:
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Oversee Market and Counterparty Risk calculations, monitor accuracy, completeness and timeliness of risk metrics and conduct own reporting around associated models.
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Embed controls and user configurations into systems that house Risk models, calculations and processes.
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Provide Market and Counterparty Risk SME input and act as the Traded Risk Calculation 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.
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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 and identifying target solutions.
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Liaise with key partners (Business and Technology) within and outside Traded Risk in the capacity of a Risk and Operations SME.
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Manage and deliver continuous enhancements to BAU processes to improve risk calculations, the control framework and reporting.
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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.
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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.
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:
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Proven working risk knowledge with experience in market risk function; knowledge of risk management practices and Market Risk traded products
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Experience with change lifecycle and Agile Scrum/Kanban delivery methods
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Strong problem-solving skills and good at information sharing and up-skilling others; can work both collaboratively and independently
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Communicate effectively, delivering complex information simply and concisely
And any experience of these would be really useful:
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Knowledge and experience delivering Regulatory and transformational changes
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Technology savvy, advanced use of VBA, Python and SQL
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Successful project management delivery track record
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