Markets & CVA Change Lead – FRTB Transition (FTC)

JOB TITLE: Markets & CVA Change Lead – FRTB Transition (FTC)

SALARY: £85,000 - £113,000

LOCATION(S): Edinburgh

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

We are looking for someone who has Traded Risk (incl. Market Risk and CVA) knowledge and experience (in particular on FRTB transition) to help provide insightful, high quality analysis, implement transformational change and system/operational enhancement tailored to Business and Senior colleague needs. Examples of activities include:

• Provide Market Risk and/or CVA SME input and act as the Traded Risk point of contact for FRTB, support Senior Manager and Leadership Team to analyse and understand business problems, critically evaluate business ideas from a customer and commercial point of view.

• 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 solutions.

• Develop test approaches and execute testing to ensure changes are implemented as expected.

• Liaise with key partners (Business and Technology) within and outside Financial Risk Oversight in the capacity of a lead Subject Matter Expert (SME).

• 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.

• 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.

• 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?

Join us and, as well as making a difference to customers, you’ll enjoy a fulfilling career where you’re free to be yourself. Great colleagues, transforming workspaces, hybrid working and a wide variety of career opportunities – you’ll find them all here.

Key Skills Required

Essential:

• Proven working risk knowledge with experience in a Traded Risk function; knowledge of risk management practices and traded products

• Experience with change lifecycle and Agile Scrum/Kanban delivery methods

• Strong problem-solving skills and good at information sharing and up-skilling others; can work both collaboratively and independently

• Communicate effectively, delivering complex information simply and concisely

Desirable:

• Knowledge and experience delivering FRTB transition changes

• Technology savvy, advanced use of Python, VBA and SQL

• 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.