By using this website, you agree to our use of cookies. We use cookies to provide you with a great experience and to help our website run effectively.
Work Your Way Logo Close menu
Work Your Way Logo
Market Risk Manager
Lloyds Banking Group
3.1km | London , UK
role reference:  wyw_#00200
Location
3.1km | London , UK
Salary
Annual
£69,448 - £86,810
Contract Full-time
Industry Financial Services
Hours 37.5 - 37.5 Hours
  • Financial Analysis
  • Finance
  • Financial Services
  • Market Research
  • Market Analysis
  • Risk Analytics
  • Risk Management
  • CREDIT RISK
  • MARKET RISK
Description:

Do you have passion and a positive personality? Are you willing to pursue a variety of tasks as the group progresses with regulatory change? Do you have a desire to help the Market Risk team ensure it is meeting regulatory requirements around Market Risk and Counterparty Credit Risk. If so, this role in the Market Risk team is for you.

Job Description

At Lloyds Banking Group, we have a clear purpose; to help Britain prosper and to become the best Financial Services provider for our customers. Through our brands, our Group has a relationship with just about every household and community in the UK. We underpin the lives of millions of individuals and businesses and play a key role in helping to build a growing UK economy.


You’ll join us in the Market Risk team , where we have a broad remit.

  • LBG’s Market Risk point of contact with our regulator, the PRA.
  • We prepare LBG for upcoming regulations around Market Risk and Counterparty Credit Risk.
  • Ensure regulatory submissions meet the high standard expected by the PRA.
  • Support ongoing regulatory compliance by Market Risk


We're a small, professional team, usually based in 33 Old Broad Street and we split our working week between home and the office.


Forming part of the wider Market Risk function, you'll benefit from opportunities to broaden your exposure to market risk and the wider risk teams, asset classes and a breadth of future career and development opportunities!

What you'll be doing:

You'll provide specific SME expertise on Market Risk and/or Counterparty Credit Risk (CCR) Regulation, plus support various adhoc requests from the PRA or internally.

Accountabilities will include: 

  • Review submissions sent to the PRA in advance to ensure they are at the standard expected and meet what the PRA require.
  • Ensuring LBG is compliant with the large number of regulatory requirements covering trading book market risk, CCR, large exposures, settlement risk and prudential valuation adjustment.
  • Leading the preparations for specific pieces of future regulations.
  • Providing regulatory interpretation to support the business.

What you can bring to the role

Essential:

  • At least a 2.1 degree, preferably in a mathematical, science or engineering subject, plus an MSc or equivalent relevant professional qualification (such as CFA or MCT)
  • Exposure to Market Risk for traded products and/or CCR.
  • Detailed knowledge of risk management practices that apply to commercial banks

Desirable: 

  • Knowledge of Standard Approach CCR, credit valuation adjustment required capital calculations and Large Exposures.
  • Knowledge of upcoming regulations including the new market risk model framework (FRTB) would be useful but not necessary. There will be opportunity to build up knowledge on the relevant regulations within the team to become a key point of contact on regulatory requirements.

So what can we offer you in return?

We'll reward you with excellent benefits, personal development and a career that’s enriching and full of opportunity!

As well as a competitive salary, you'll receive: 

  • A Discretionary Performance Share Award
  • Generous pension contribution
  • 30 Days leave plus bank holidays
  • A flexible cash pot (4% of base salary) to spend on benefits
  • Private health cover
  • Share Schemes


Key skills:
  • Financial Analysis
  • Finance
  • Financial Services
  • Market Research
  • Market Analysis
  • Risk Analytics
  • Risk Management
  • CREDIT RISK
  • MARKET RISK
Annual
£69,448 - £86,810

CONTRACT

INDUSTRY

Role Type

37.5 - 37.5 Hours
Flexibility:
Working Patterns
Flexi-Time
Compressed Hours
Agile Working
Flexibility:
Workload
Job Share
Flexibility:
Workplace
Hybrid Working (Office / Home)
Remote or Mobile Working
Work From Home (WFH)
Office Working
Flexibility:
Life event
Career Breaks / Sabbatical
Shared Parental Leave
Similar Roles
Finance Admin
265.7km | , UK
5 - 10 Hours
Hour
£15
Principal Auditor
2.9km | , UK
35 - 35 Hours
Competitive salary
Senior Counsel
2.9km | , UK
35 - 35 Hours
Competitive salary
Valuations Manager - GCT
2.9km | , UK
35 - 35 Hours
Competitive salary
Quantitative Analyst
2.9km | , UK
37.5 - 37.5 Hours
Competitive salary
Associate - Asset Management Department
8.9km | , UK
35 - 35 Hours
Annual
£47K - £57K
Senior Prudential Risk Associate
8.9km | , UK
35 - 35 Hours
Annual
£75,000
Senior Prudential Risk Associate
533.6km | , UK
35 - 35 Hours
Annual
£67,500
Business Architect - Senior Manager
3.1km | , UK
37.5 - 37.5 Hours
Competitive salary
Early Careers Recruiter
2.9km | , UK
37.5 - 37.5 Hours
Competitive salary
Finance Admin
265.7km | , UK
5 - 10 Hours
Hour
£15
Principal Auditor
2.9km | , UK
35 - 35 Hours
Competitive salary
Senior Counsel
2.9km | , UK
35 - 35 Hours
Competitive salary
Valuations Manager - GCT
2.9km | , UK
35 - 35 Hours
Competitive salary
Quantitative Analyst
2.9km | , UK
37.5 - 37.5 Hours
Competitive salary
Associate - Asset Management Department
8.9km | , UK
35 - 35 Hours
Annual
£47K - £57K
Senior Prudential Risk Associate
8.9km | , UK
35 - 35 Hours
Annual
£75,000
Senior Prudential Risk Associate
533.6km | , UK
35 - 35 Hours
Annual
£67,500
Business Architect - Senior Manager
3.1km | , UK
37.5 - 37.5 Hours
Competitive salary
Early Careers Recruiter
2.9km | , UK
37.5 - 37.5 Hours
Competitive salary
All rights reserved. © 2021 WorkYourWay