Market Risk Change and Controls Manager (FTC)
| Posting date: | 21 July 2025 |
|---|---|
| Salary: | £93,087 to £103,430 per year |
| Hours: | Full time |
| Closing date: | 04 August 2025 |
| Location: | London, London, EC2N 1HZ |
| Remote working: | Hybrid - work remotely up to 3 days per week |
| Company: | Lloyds Banking Group |
| Job type: | Contract |
| Job reference: | 137234_1753098318 |
Summary
JOB TITLE: Market Risk Change and Controls Manager (FTC)
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 our office site.
About this opportunity
Join us in Financial Risk Oversight (FRO) TREC team on a fixed term contract basis until April 2026, 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:
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Provide Market Risk SME input and act as the Market 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.
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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, identifying target solutions and driving delivery of preferred options.
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Develop test approaches and execute testing to ensure changes to be implemented are performing as expected.
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Liaise with key partners (Business and Technology) within and outside Market Risk in the capacity of a lead business analyst or project manager.
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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.
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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.
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Work in other Market 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:
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Proven working risk knowledge with experience in market risk function
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Knowledge of risk management practices, traded products and knowledge of key market risk measures (VaR, sVaR, ES, etc).
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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 of Murex platform
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Knowledge and experience delivering Regulatory and transformational changes
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Knowledge of Counterparty Credit Risk
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Advanced use of Microsoft Office suite
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Advanced use of VBA and SQL
About working for us
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we're committed to creating an environment in which everyone can thrive, learn and develop.
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.
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.
We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
We also offer a wide-ranging benefits package, which includes:
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A generous pension contribution of up to 15%
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An annual performance-related bonus
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Share schemes including free shares
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Benefits you can adapt to your lifestyle, such as discounted shopping
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30 days' holiday, with bank holidays on top
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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