Finance Valuation Control Assistant Manager

End Date

Salary Range

We support flexible working - click here for more information on flexible working options

Flexible Working Options

Job Description Summary

Job Description

JOB TITLE: Finance Valuation Control Assistant Manager

LOCATION(S): Edinburgh

SALARY: £42,120 - £46,800

HOURS: Full time

WORKING PATTERN: Hybrid, 40% (or two days) in our Edinburgh office

About this opportunity

Are you a Finance Professional looking to enhance your experience in banking and financial markets?

A unique opportunity has arisen in the Finance Valuation and Control team at LBG in Edinburgh.

The team covers product control and valuation control for the fair value businesses within LBG, working closely with front offices across the trading and structured finance businesses as well as being a centre of excellence for all fair value reporting within the Finance function of the Group.

Day to day you'll be;

• Running independent valuations and providing analysis and attribution of results.
• Operating the valuation controls, understanding the implication of any breaks or exceptions and applying the appropriate escalation of issues.
• Liaising with independent valuation services and market data providers.
• Liaising with business owners on valuation results, drivers and market data inputs and valuation implications of new transactions.
• Calculating prudential valuation adjustments that are reactive to market conditions
• Collaborating closely with Finance and Risk business partners on business management and regulatory governance.
• Production and development of valuation governance tracking and management information.
• Supporting the month end close processes associated with accurately reporting and assisting in independently validating the structured elements of the bank's balance sheet in a timely manner.
• Providing verified research and background material for valuation papers.
• Working with change teams on specifying and testing of system and model developments.

About us

We're on an exciting journey and there couldn't be a better time to join us. The investments we're making in our people, data, and technology are leading to innovative projects, fresh possibilities, and countless new ways for our people to work, learn, and thrive.

What you'll need

• An understanding of financial Instruments and fair value calculation techniques.
• Numeracy and competency with MS Office applications, including experience in the use of Excel models and for producing management information.
• Experience in dealing accounting systems and financial reporting.
• Personal attributes consistent with our values of trust, people first, inclusivity, innovative thinking, and sustainability.

And any experience of these would be really useful

• Experience in Valuation control or Product control role for a bank.
• Financial mathematics knowledge including financial market conventions for Fixed Income products.
• Use of market data applications.
• Experience of Visual Basic for Applications (VBA) and / or database and business intelligence software tools.

About working for us

Our focus is to ensure we're inclusive every day, and build 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
• 28 days' holiday, with bank holidays on top
• A range of wellbeing initiatives and generous parental leave policies

Ready to start growing with purpose? Apply today.

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.