Group Corporate Treasury Associate Director

at  Lloyds Banking Group

End Date
Wednesday 10 July 2024
Salary Range
£78,849 - £87,610
We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job Share
Job Description Summary
.
Job Description
JOB TITLE: Group Corporate Treasury Associate Director

SALARY: £78,849 - £87,610

LOCATION(S): London Gresham Street
HOURS: Full time
WORKING PATTERN: Hybrid, 40% (or two days) in an office site
About this opportunity
Are you an experienced Associate Director with Treasury experience looking for an opportunity to help us reach our purpose; to help Britain prosper?
What we do makes a genuine difference to families, businesses, and communities as we play a central role in creating a thriving UK economy. In this role you’ll be joining our Group Corporate Treasury (GCT) function, with its core purpose of arranging funding, liquidity, and capital as well as managing market risk for the Group. Initially, your primary focus will be on complex one-off transactions, new products and new business initiatives.

Day to day you’ll be;

• Performing feasibility analysis over proposals from the business and collaborating with various teams to design innovative and efficient structures for transactions such as capital debt restructuring, securitisations, mergers, and acquisitions.
• Summarising statutory and management accounting impacts of ‘one-off complex transactions’ on the Group and at legal entity levels, both on a day one and ongoing basis.
• Analysing the hedge accounting impact of ‘one-off complex transactions’ and the impact on capacity in existing models.
• Understanding the operational booking approach and any limitations or challenges for new products or initiatives and supporting business SMEs in designing solutions.
• Assessing the level of governance required for the proposals and ensuring that we adhere to Group Minimum Standards.
• Preparing governance papers including summary documents and detailed accounting analysis, hosting governance meetings to engage key business partners on a timely basis and obtaining approvals to support successful delivery.

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

• Accounting Qualification (ACA, ACCA, CIMA)
• Post qualification experience gained within the Treasury space, although industry background is less important
• Proficiency at using MS Excel and MS PowerPoint
• In-depth knowledge and understanding of the purpose of a Treasury function within a Bank and the products used (e.g. Interest Rate Swaps, Bonds)
• An awareness of the different hedging strategies performed by a Treasury function and the concept of hedge accounting more broadly

And any experience of these would be really useful

• Great collaboration skills
• Great influencing skills and the ability to explain and present ‘complex’ concepts in a ‘simple to understand’ form
• A commercial and strategic mentality, with the confidence to challenge assumptions
• A curiosity about how to make things better, and how to leverage data technologies (e.g. Power BI, Python)

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 include;

• 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.
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 keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.
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

Please refer the Job description for details