Associate Director, Treasury Markets

End Date
Tuesday 14 November 2023

Salary Range
£77,301 – £85,890

Agile Working Options
Other Agile Working Arrangements / Open to Discussion

Job Description Summary
Are you an experienced Finance professional looking for your next opportunity?

We’re looking for an Associate Director to join us in our Capital, Recovery and Resolution and Non-Bank Entity team, working in Treasury.

You’ll be joining a diverse team, in a fast-paced environment, with scope to learn, develop and grow. With significant opportunities for visibility to senior management, you’ll build your network across the organisation whilst taking a lead role in high profile work for the Group. This is a great role for an individual who thrives in thought leadership, influencing senior colleagues, and joining the dots across multiple areas of activity.

Day to day you could be involved in leading any of the following;

The issuance of capital bonds and strategies for optimisation of our equity and debt stack including structuring share buy backs.
The capital position of the Group and its subsidiaries including setting risk appetite and planning in base and stress.
Recovery and Resolution planning for the Group, with this being the heart of the Group’s preparation for if we were ever facing a likelihood of failure; an important topic as recently reemphasised by market events in Switzerland and the US.
The Holding Company’s balance sheet including cash and liquidity risk management and market risk management
The treasury activities of our non-bank entities, LBG Equity Investments Limited and Scottish Widows Group including strategic optimisation.

Job Description

JOB TITLE: Associate Director, Treasury Markets

SALARY: £77,301 – £99,500

LOCATION(S): London

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days) in an office site

About this opportunity

Are you an experienced Finance professional looking for your next opportunity?

We’re looking for an Associate Director to join us in our Capital, Recovery and Resolution and Non-Bank Entity team, working in Treasury.

You’ll be joining a diverse team, in a fast-paced environment, with scope to learn, develop and grow. With significant opportunities for visibility to senior management, you’ll build your network across the organisation whilst taking a lead role in high profile work for the Group. This is a great role for an individual who thrives in thought leadership, influencing senior colleagues, and joining the dots across multiple areas of activity.

Day to day you could be involved in leading any of the following;

The issuance of capital bonds and strategies for optimisation of our equity and debt stack including structuring share buy backs.
The capital position of the Group and its subsidiaries including setting risk appetite and planning in base and stress.
Recovery and Resolution planning for the Group, with this being the heart of the Group’s preparation for if we were ever facing a likelihood of failure; an important topic as recently reemphasised by market events in Switzerland and the US.
The Holding Company’s balance sheet including cash and liquidity risk management and market risk management
The treasury activities of our non-bank entities, LBG Equity Investments Limited and Scottish Widows Group including strategic optimisation.

About us

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.

What you’ll need

In order to be at your best in this role, you’ll need to be comfortable dealing with senior colleagues across Treasury and the wider group, as well as interacting with external parties such as investment banks, law firms and regulators.

Experienced in capital markets, capital planning, recovery and resolution planning or related regulatory topics, funding and liquidity, or other relevant treasury experience.
Proactive in building and maintaining relationships across a range of different stakeholders.
The ability to prioritise your workload and adapt to challenges as they present themselves.
Attention to detail and ability using excel

And any experience of these would be really useful

Curiosity and problem-solving skills with the ability to convey seemingly complex concepts simply and succinctly
Confident in formulating proposals and recommendations, and presenting to senior management.

This role is considered Certified under the Senior Manager and Certification Regime. Due to this, you’ll be subject to enhanced levels of vetting, and required to complete a fitness and propriety attestation on commencement in role.

Colleagues performing this role will be required to be complete a fitness and propriety attestation on an annual basis and will also be subject to additional routine criminal and credit checks.

As a certified colleague your details will be published on the FCA’s Financial Services Register.

This role has been identified as a Client-dealing function under SYSC 27.8.18R as defined in the FCA Handbook.

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.

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.