IRRBB Specialist in Leeds

End Date: Friday 02 October 2026

Salary Range: £72,702 - £80,780

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

Flexible Working Options: Hybrid Working, Job Share

This is a highly visible specialist role within Group Corporate Treasury, responsible for shaping the future of Interest Rate Risk in the Banking Book (IRRBB) at Lloyds Banking Group. The role combines deep IRRBB expertise with change leadership, driving regulatory and transformational initiatives, overseeing model enhancements, and partnering with Risk and Finance stakeholders to deliver strategic improvements.

About this opportunity:

This opportunity has arisen for an accomplished individual to help shape the future of 'Interest rate risk in the banking book' (IRRBB) at Lloyds Banking Group. This is a highly visible SME role with exposure to senior colleagues across Group Corporate Treasury, where you will be responsible for providing SME knowledge, and supporting the delivery of both regulatory and transformational change.

What you’ll be doing:

• Lead and motivate change initiatives across IRRBB, ensuring alignment with organizational goals and objectives.
• Act as a senior IRRBB subject-matter expert across earnings-and value-based risk.
• Provide oversight of changes to IRRBB models, translating complex analysis into clear, decision-focused messaging.
• Establish and build effective relationships with Risk and Finance partners to support the delivery of change into QRM.

What we’re looking for:

• 2 or more years' experience within IRRBB or Treasury in a regulated financial services environment.
• Practical experience working with IRRBB balance sheet risk models (e.g. Quantitative risk management - QRM).
• A sound understanding of model risk management concepts and governance within a regulated banking environment.
• Proven ability to analyse complex model outputs, identify key drivers and reach well-reasoned conclusions.
• Strong judgement when assessing materiality, model limitations and emerging risk.
• Experience operating independently as a technical specialist, influencing decisions through expertise rather than people management.
• Experience presenting or contributing to senior governance forums, committees or regulatory discussions.
• Confidence communicating complex technical concepts to both technical and non-technical audiences.
• A collaborative mindset, with the ability to build strong relationships across a wide range of colleagues.

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. We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.

Benefits:

• 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'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.