Business Manager, LBCM

JOB TITLE: Business Manager, LBCM Financial Markets

LOCATION: London

HOURS: Full time

About this opportunity

An outstanding opportunity awaits you as a Business Manager in our Lloyds Bank Corporate Markets (LBCM) Financial Markets business, where you'll play a crucial role coordinating our Trading Activity Wind-Down (TWD) framework and leading the business management support for the funding and collateral optimisation of our trading books.

As a Business Manager, you'll:

• Co-ordinate and run the TWD governance framework including updates to the recovery playbook and review and sign-off of the Recovery Plan.
• Ensure ongoing compliance with TWD including fire drills, testing of capabilities, and supporting regulatory engagement.
• Act as the primary TWD contact for LBCM with Group Corporate Treasury in the broader context of Recovery and Resolution Planning.
• Lead business management support for the effective management of XVA and CSA discounting risks, collateral and repo to optimise value within Financial Markets.
• Coordinate the management of model risks, ensuring adherence with regulatory standards and internal policies.
• Develop and implement strategic plans; conduct detailed analyses to identify trends, risks, and opportunities for improvement; collaborate with cross-functional teams to determine the best approaches to achieve project goals and ensure flawless execution.
• Lead initiatives to improve efficiency and enhance effectiveness of processes.
• Provide comprehensive reports and insights to senior management to support strategic decision-making.
• Ensure that all activities strictly adhere to compliance and regulatory requirements.

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

• Proven experience in a similar role within the finance industry.
• Strong analytical skills with the ability to interpret complex data.
• Excellent communication and leadership skills, with the ability to collaborate effectively with diverse teams.
• In-depth knowledge of TWD and model risk management.
• A solid understanding of regulatory requirements and compliance standards in the financial sector.
• Outstanding problem-solving abilities and a proactive approach to identifying and addressing issues.
• Drive and energy to handle and balance changing priorities with strong organisation skills to track timely and accurate delivery plans.

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’re committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best.

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.

As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern.

We are proud to be a Disability Confident Leader. If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role.

We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you’d like an adjustment to the recruitment process 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

If you’re excited by the thought of becoming part of our team, get in touch.

We’d love to hear from you!