Lloyds Banking Group

Head of Commercial Banking Financial Control & Reporting

£109285 - £128570 per annum
28 Feb 2024
13 Mar 2024
Lloyds Banking Group
Approved employers
Approved employer
Job role
Finance director
Contract type
Full time
Experience level

JOB TITLE: Head of Commercial Banking Financial Control & Reporting

Salary: £109,285 - £128,570

LOCATION: Edinburgh

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days a week) in our Edinburgh (Princes Exchange) office.

About this opportunity

This exciting role offers the opportunity to lead, build and empower a team of c.50 finance professionals, in the Commercial Banking Financial Control and Reporting Team, partnering with Commercial Banking Finance to deliver a robust control environment which gives confidence in reporting to your stakeholders. Providing valuable insights and support to stakeholders to contribute to LBG strategic agenda. In addition, you'll have responsibility for the Group's Account Ownership Confirmation (AOC) process, responsible for the Group's balance sheet attestation process.

You'll join us in Group Finance Support, a key function within the Finance community of LBG. We're a team of c.300 colleagues, with responsibilities including financial reporting and control, people and culture initiatives and strategy implementation.

The team is at the start of a significant Transformation journey, and you'll be part of influencing, designing and implementing Finance Transformation over the next 5 years, both within Group Finance Support and beyond!

Travel to London will be required.

What you'll be doing:

Drive and positively influence key internal and external GFS partners including Divisional Finance Directors, Risk Partners and our external auditors

  • Provide challenge, insight and decision support to the Commercial Banking Finance teams to improve business controls and performance
  • Own the Group's Account Ownership Confirmation (AOC) process, a key part of the Group' Financial Control Framework, ensuring robust balance sheet attestation across the Group, and report key metrics to senior committees such as Finance Risk Committee
  • Responsible for ensuring robust risk management processes, including SOX and RCSA, are embedded within the team, and provide a 'no-surprises', high quality Financial Control environment
  • Own and be accountable in driving resolution of issues at pace, collaborating effectively across teams to get the best solution for LBG
  • Build, lead and develop a successful professional, resilient and driven Finance team of c 50 people.
  • Driving an environment of continuous improvement and in particular through data improvement and the use of automation and AI tools
  • As a key member of the Leadership team, drive the cultural change to ensure that GFS is well placed to deliver for now and for the future

About us

If you think all banks are the same, you'd be wrong. We're an innovative, fast-changing business that's shaping finance as a force for good. A bank that's empowering its people to innovate, explore possibilities and grow with purpose.

What you'll need:

  • Experienced leader with drive, energy and a growth mindset, who leads by example and has experience of leading a large team
  • Excellent communicator, able to influence and articulate complex issues at all levels across LBG, building strong diverse working relationships across different parts of the Group.
  • Strategic problem solver, with a passion for creating and driving future transformation and continuous improvement within Finance teams
  • Attract, inspire and lead a successful, diverse professional team actively managing performance to realise potential and retain talent.
  • Qualified finance professional with significant post qualification experience as a leader in control and management and statutory reporting
  • Strong Risk and Control understanding, including LBG RSCA and SOX framework; with an awareness of the key risks facing LBG Finance
  • Prior experience of leading a team through system, process or cultural change
  • An understanding of Commercial Banking Products and Reporting is preferred

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 bonus award, subject to Group performance
  • 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.

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