Group Corporate Treasury - Finance Business Advisory - Assistant Manager

Location: London or Leeds

Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our hub office sites.

Salary: £55,755 to £61,950

About this Opportunity

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, which is responsible for arranging funding, liquidity, and capital, as well as managing market risk for the Group. Your initial focus will be on complex one-off transactions, new products, and new business initiatives; whilst playing a key role in encouraging a strong culture of process improvement within our function.

Day-to-Day Responsibilities

• Conduct feasibility analysis of business proposals and collaborate with cross-functional teams to design innovative and efficient structures for transactions such as capital debt restructuring, securitisations, mergers, and acquisitions.
• Summarise statutory and management accounting impacts of complex transactions at both Group and legal entity levels, considering both day-one and ongoing effects.
• Analyse hedge accounting implications and assess capacity within existing models.
• Understand operational booking approaches and identify limitations or challenges for new products or initiatives, supporting SMEs in designing practical solutions.
• Evaluate governance requirements for proposals and ensure adherence to Group Minimum Standards.
• Prepare governance papers, including summary documents and detailed accounting analysis, and host governance meetings to engage colleagues and secure timely approvals.

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

• Actively working towards a recognised accounting qualification (ACA, ACCA, CIMA).
• A genuine enthusiasm and intellectual curiosity for Treasury—someone who’s eager to immerse themselves in the intricacies of funding, liquidity, and market risk, and who finds energy in exploring financial instruments like Interest Rate Swaps and Bonds.
• Awareness of hedge accounting and Treasury hedging strategies.
• Proficiency in MS Excel and MS PowerPoint.

Desirable Experience

• Excellent collaboration and influencing skills, with the ability to present complex concepts in a clear and accessible way.
• Commercial and strategic mentality, with the confidence to challenge assumptions constructively.
• A restless curiosity to improve processes and explore the potential of data technologies (e.g. Power BI, Python).

Working with 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.

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.