Associate/Associate Director, Non-Bank Entity Treasury and Capital

End Date
Monday 12 December 2022

Salary Range
£61,176 - £76,470

We support agile working - click here for more information on agile working options.

Agile Working Options
Other Agile Working Arrangements / Open to Discussion

Job Description Summary
See below...

Job Description

An exciting opportunity has become available in the Non-Banking Entity Treasury and Capital team in GCT. This is as a result of an internal move within the team.

You'll be joining a diverse team, in a fast-paced environment, with a huge scope of opportunities to learn. The team covers a broad scope of work such as the management of the LBG holding company, issuing and optimising the Group and subsidiary debt capital securities, and leading the Group's recovery and resolution planning work.

The NBE Treasury, Capital and Recovery and Resolution team has a broad responsibility. This includes running the LBG holding company and driving the Treasury relationship with our Equity Investment and Insurance entities.

We also undertake the Group's capital issuance including setting capital risk appetite, planning and executing the term sub debt components of the Group Capital plan. We lead the Group's £40bn debt capital securities including strategies to optimise the performance of the portfolio given regulatory and market volatility. We also own the subsequent internal capital plans and execution, alongside HoldCo funding required by the Group's major legal entities.

Our team also leads the Group's recovery and resolution planning work and is responsible for the submission of the recovery plan and resolvability assessment.

What can you bring to the role?

Desirable skills:

• An understanding of the capital stack and other areas of treasury, or the ability and willingness to learn this
• An understanding of non bank entities, including insurance, or the ability and willingness to learn this
• An understanding of the Group structure and the key legal entities

• Proactively building and maintaining relationships across a range of different stakeholders
• Ability to prioritise your workload and adapt to challenges as they present themselves
• Experience and confidence in formulating proposals and recommendations, and presenting to senior management
• Attention to detail and ability using excel
• Curiosity and problem solving skills with the ability to convey seemingly complex concepts simply and succinctly

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
• Cash sum of 4% which you can exchange for a variety of benefits or simply take the cash
• 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.

This role is considered Certified under the Senior Manager and Certification Regime as either requiring mandatory qualifications or being deemed as a role capable of providing 'significant harm' to customers. Due to this, successful candidates and will be subject to enhanced levels of vetting, and required to complete a fitness and propriety attestation on commencement in role.

Colleagues performing this role will be required to be complete a fitness and propriety attestation on an annual basis and will also be subject to additional routine criminal and credit checks

As a certified colleague your details will be published on the FCA's Financial Services Register.

This role has been identified as a Client-dealing function under SYSC 27.8.18R as defined in the FCA Handbook

The Person ("P") performs the client-dealing FCA certification function for a firm if:

(1) P is carrying out any of the activities in the table in SYSC 27.8.19R; and

(2) those activities will involve P dealing with:

(a) a person with or for whom those activities are carried out; or

(b) the property of any such person;

in a manner substantially connected with the carrying on of regulated activities by the firm.

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.