Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead change initiatives in Counterparty Credit Risk and provide expert analysis.
- Company: Join Lloyds Banking Group, a leader in financial services with a commitment to diversity.
- Benefits: Enjoy a competitive salary, generous pension, 30 days holiday, and flexible working options.
- Other info: Collaborative environment with opportunities for personal and professional growth.
- Why this job: Make a real impact on the future of finance while developing your career.
- Qualifications: 3-5 years in Counterparty Credit Risk and strong analytical skills required.
The predicted salary is between 84051 - 102729 £ per year.
Locations: Edinburgh
Time Type: Full Time
Posted On: Posted Today
End Date: April 9, 2026
Job Requisition ID: 153631
Salary Range: £84,051 - £102,729
Flexible Working Options: Hybrid Working, Job Share
About this opportunity: Join us in Financial Risk Oversight (FRO) - TREC (Traded Risk Evolution and Calculation) team on a fixed term contract basis until December 2026, where you'll provide insightful, high-quality analysis, advice and guidance, implement transformational change and system/operational enhancement tailored to Business and Senior colleague needs. 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!
What you’ll be doing:
- Provide Counterparty Credit Risk SME input and act as the Counterparty Risk point of contact for assigned initiatives, 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 options.
- Develop test approaches and execute testing to ensure changes to be implemented are performing as expected.
- Liaise with key partners (Business and Technology) within and outside Counterparty Risk in the capacity of a lead business analyst or project manager.
- 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.
- Work in other Counterparty Risk areas when required, including performing BAU Operational and/or Compliance activities.
What we’re looking for:
- Proven working risk knowledge with 3-5 years’ experience in Counterparty Credit Risk function.
- Knowledge of risk management practices, traded products (SFTs, Rates, FX, Credit, Inflation, Equity and structured products, etc) and knowledge of key risk measures (PFE, EE, EEPE, Settlement, etc).
- Experience with change lifecycle and Agile Scrum/Kanban delivery methods.
- Strong problem-solving and analytical skills and good at information sharing and up-skilling others; can work both collaboratively and independently.
- Communicate effectively, delivering complex information simply and concisely.
And any of these would be great:
- Knowledge of Murex-MLC Counterparty Risk platform.
- Knowledge and experience delivering Regulatory and transformational changes.
- Knowledge of Market Risk.
- Advanced use of Microsoft Office suite.
- Advanced use of VBA and SQL.
We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.
This is a place for you: Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities and we’re committed to creating an environment in which everyone can thrive, learn and develop.
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.
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.
With 320 years under our belt, we're used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers. Here, you'll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.
Counterparty Credit Risk Change and Controls Manager employer: Lloyds Bank plc
Contact Detail:
Lloyds Bank plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Counterparty Credit Risk Change and Controls Manager
✨Tip Number 1
Network like a pro! Reach out to current employees at Lloyds Banking Group on LinkedIn. Ask them about their experiences and any tips they might have for your application. A friendly chat can sometimes lead to a referral, which is golden!
✨Tip Number 2
Prepare for the interview by researching common questions related to Counterparty Credit Risk. Think about how your past experiences align with the job description. We want you to showcase your problem-solving skills and knowledge of risk management practices!
✨Tip Number 3
Practice your communication skills! You’ll need to explain complex information simply and concisely. Grab a friend or family member and run through your answers. The clearer you are, the more confident you’ll feel during the actual interview.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in joining us at Lloyds Banking Group. Let’s get you that interview!
We think you need these skills to ace Counterparty Credit Risk Change and Controls Manager
Some tips for your application 🫡
Tailor Your CV: Make sure your CV speaks directly to the Counterparty Credit Risk role. Highlight relevant experience and skills that match the job description, especially your knowledge of risk management practices and traded products.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about this role. Share specific examples of how you've tackled similar challenges in the past and how you can contribute to our team at StudySmarter.
Showcase Your Problem-Solving Skills: In your application, emphasise your analytical abilities and problem-solving skills. We want to see how you've approached complex issues in previous roles and what solutions you implemented.
Apply Through Our Website: Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it makes tracking your application easier for both of us.
How to prepare for a job interview at Lloyds Bank plc
✨Know Your Risk Stuff
Make sure you brush up on your Counterparty Credit Risk knowledge. Understand key risk measures like PFE and EE, and be ready to discuss how they apply to the role. This will show that you're not just familiar with the terms but can also apply them in real-world scenarios.
✨Showcase Your Change Management Skills
Be prepared to talk about your experience with change initiatives, especially using Agile methodologies. Have specific examples ready where you've successfully managed change or improved processes, as this is crucial for the role.
✨Communicate Clearly
Practice explaining complex information in a simple way. You might be asked to break down technical concepts during the interview, so think of ways to make them relatable. This will demonstrate your ability to communicate effectively with both technical and non-technical stakeholders.
✨Engage with the Team Spirit
Since the role involves collaboration, be ready to discuss how you work within a team. Share examples of how you've contributed to team success and how you handle conflicts or differing opinions. This will highlight your ability to thrive in a collaborative environment.