At a Glance
- Tasks: Build and maintain financial models while collaborating with key stakeholders.
- Company: Join Lloyds Banking Group, a leader in financial services transformation.
- Benefits: Enjoy a competitive salary, generous pension, 30 days holiday, and flexible working options.
- Other info: Diversity and inclusion are at our core; we welcome applicants from all backgrounds.
- Why this job: Make a real impact in a visible role with opportunities for growth and development.
- Qualifications: 2+ years of SQL experience and strong understanding of QRM Modelling required.
The predicted salary is between 72702 - 88858 £ per year.
This Fixed Term Contract opportunity has arisen for an accomplished Manager to work closely with the Senior Manager, IRRBB in delivering best in class modelling and reporting to a broad range of stakeholders. This is a highly visible role with exposure to senior colleagues across Group Corporate Treasury and Risk, in addition to the full customer balance sheet.
What you’ll be doing:
- Build and maintain models for Net Interest Income (NII), and Market Value (MV) calculations.
- Establish and build effective relationships with Risk and Finance partners to support the delivery of business assumptions into QRM and supporting stress testing.
- Lead change and testing efforts for QRM model enhancements, including UAT planning and execution.
- Producing and completing test output governance, including documentation.
- Collaborate with Treasury, Risk, and Finance partners to gather requirements and deliver model improvements.
- Ensure models align with regulatory expectations (e.g., ICAAP, SOTs, stress testing) and internal governance standards.
- Manage and minimise operational risks via robust control frameworks underpinning processes.
- Continuously strive for process improvements to enable time for value adding activity and qualitative review.
- Support agreed change initiatives to deliver agreed objectives of IRRBB team.
- Support simplification of the ALM model and continued development of model assumptions, including the development of dynamic modelling and back testing.
What we’re looking for:
- 2+ years’ experience using SQL with ability to demonstrate strong understanding of QRM Modelling.
- 2+ years’ experience with Excel functionality and capabilities to proactively review, challenge and streamline existing models or build new modelling capability.
- 12 months or more proven knowledge of Retail Banking Products.
- At least 2 years’ experience in confidently explaining technical topics both verbally and in business commentaries.
- 12 months or more proven ability to debate and influence with senior stakeholders.
- Proven experience within the last 12 months of a high level of intellectual capacity driving an ability to grasp new techniques quickly.
- At least 12 months experience of key Market Risk management techniques including: Net Interest Income Sensitivities, Market Value, Basis Risk, Stress Testing.
- Experience using Python to build/maintain models would be great.
- Positive attitude with enthusiasm to contribute to an engaged team culture.
- Self-awareness and ability to drive own development.
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.
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
Ready to make an impact? 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.
QRM Modelling Developer - 12 month FTC in Bristol employer: Lloyds Bank
At Lloyds Banking Group, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. With a strong commitment to employee growth, we provide extensive training opportunities and a generous benefits package, including a pension contribution of up to 15%, 30 days of holiday, and flexible working arrangements. Our Leeds and Bristol locations are vibrant hubs for talent, where you can make a meaningful impact while enjoying a supportive environment that values diversity and inclusion.
StudySmarter Expert Advice🤫
We think this is how you could land QRM Modelling Developer - 12 month FTC in Bristol
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We think you need these skills to ace QRM Modelling Developer - 12 month FTC in Bristol
Some tips for your application 🫡
Show Off Your Academic Achievements:In banking and financial services, your academic record can really make you stand out. List relevant grades, certifications, or coursework on your CV, especially if you've taken finance-related modules. This is particularly important for a temporary role where qualifications can help you shine even brighter!
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Tailor Your Cover Letter Purposefully:When writing your cover letter, focus on why you’re interested in a temporary position at Lloyds Bank. Let them know how you can quickly adapt to the team's needs and how eager you are to learn the ropes of the banking sector during this short stint. Your motivation and enthusiasm could really set you apart!
Be Prepared with References:For temporary roles, references can play a crucial role in your application. Make sure you’ve got a couple of references lined up who can vouch for your skills and work ethic. This helps to give Lloyds Bank confidence in your short-term commitment to the role.
How to prepare for a job interview at Lloyds Bank
✨Brush Up on Financial Regulations
Since this is a role in banking and financial services, be ready to discuss key regulations like MiFID, Basel III, or GDPR. These are hot topics, and your awareness of how they impact daily operations can give you a significant edge during your interview with Lloyds Bank.
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Prepare for interview questions that assess your analytical abilities. You might need to tackle hypothetical scenarios involving risk assessment or financial forecasting. Bringing examples of relevant projects or coursework can emphasise your practical understanding of these concepts.
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For a temporary role, showing that you can quickly pick up new processes and tools is crucial. Be ready to discuss previous experiences where you had to adapt to changing requirements or tight deadlines, as this will reassure Lloyds Bank that you’re a reliable team player.
✨Demonstrate a Willingness to Learn
In a temporary position, leaning into your eagerness to learn can really set you apart. Be prepared to share how you’re staying updated on industry trends or any additional training you've pursued. Employers appreciate candidates who are proactive about their development—even for short-term roles.
