At a Glance
- Tasks: Lead the review and enhancement of Treasury models to strengthen governance and controls.
- Company: Join a leading financial institution with a focus on innovation and collaboration.
- Benefits: Enjoy a competitive salary, generous pension, and 30 days holiday plus bank holidays.
- Other info: Hybrid working model with excellent career growth opportunities.
- Why this job: Make a real impact in Treasury management while developing your expertise in a dynamic environment.
- Qualifications: Experience in Model Risk Management and strong technical knowledge in banking required.
The predicted salary is between 70929 - 78810 £ per year.
We’re looking for two interim specialists to provide focused expertise to Group Corporate Treasury across Funds Transfer Pricing (FTP) and Interest Rate Risk in the Banking Book (IRRBB). In this role, you’ll take ownership of reviewing, assessing, and enhancing model risk documentation for two of our core systems—QRM and FTP Murex.
Location: One role is based in Leeds, Wellington Place; one role in London, Old Broad Street
Hours: Full Time, 35 hours per week
Working Pattern: Hybrid – at least two days per week (40%) at one of our office sites. Specify preferred location on application: Leeds or London.
You’ll step into an interim role shaping how we manage FTP and IRRBB, leading the review and enhancement of key models—QRM and FTP Murex—to strengthen governance, controls, and documentation in line with PRA Model Risk Management standards (SS1/23).
Day‑to‑Day Responsibilities:- Interpret SS1/23 and internal requirements, assessing their application to QRM and FTP Murex, across IRRBB reporting and FTP methodology.
- Perform a targeted gap analysis between existing model risk practices and documentation and the associated requirements.
- Collaborate with groups across the Group to build robust, detailed, and coherent documentation, combining technical knowledge and expertise.
- Work closely with the Technology team to understand the system design, configuration and automation underpinning the models.
- Review and enhance existing documentation to meet Model Risk standards, ensuring accurate reflection of model logic, clear articulation of assumptions, and traceability between technical design and business usage.
- A solid understanding of Model Risk Management, particularly within a banking environment.
- Strong technical knowledge, with experience reviewing quantitative risk or Treasury models.
- Familiarity with Treasury reporting and regulatory expectations.
- Excellent written communication skills, including technical documentation, and ability to translate complexity into simplicity.
- A proven track record of collaboration and stakeholder management.
- Ability to work independently and deliver at pace.
- 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
Treasury Manager - Fixed Term Contract employer: Lloyds Banking Group
Join a forward-thinking organisation that values expertise and innovation in the financial sector. As a Treasury Manager, you'll benefit from a competitive salary, generous pension contributions, and a supportive work culture that prioritises employee wellbeing and growth. With hybrid working options and a focus on collaboration, this role offers a unique opportunity to make a meaningful impact while enjoying a balanced lifestyle in either Leeds or London.
StudySmarter Expert Advice🤫
We think this is how you could land Treasury Manager - Fixed Term Contract
✨Tip Number 1
Network like a pro! Reach out to your connections in the finance and treasury sectors. Attend industry events or webinars, and don’t be shy about asking for introductions. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge. Make sure you can discuss model risk management and Treasury models confidently. Practise answering common interview questions related to your expertise, so you can showcase your skills effectively.
✨Tip Number 3
Tailor your approach for each application. When applying through our website, highlight your relevant experience with QRM and FTP Murex. Show how your background aligns with the specific needs of the role, especially around governance and documentation.
✨Tip Number 4
Follow up after interviews! A quick thank-you email can go a long way. It shows your enthusiasm for the role and keeps you fresh in their minds. Plus, it’s a great opportunity to reiterate why you’re the perfect fit for the Treasury Manager position.
We think you need these skills to ace Treasury Manager - Fixed Term Contract
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Treasury Manager role. Highlight your experience with model risk management and any relevant technical skills that align with our needs. We want to see how you can bring your expertise to the table!
Showcase Your Communication Skills:Since excellent written communication is key for this role, ensure your application reflects your ability to convey complex ideas simply. Use clear language and structure your documents well—this will demonstrate your capability in producing high-quality technical documentation.
Highlight Collaboration Experience:We value teamwork, so don’t forget to mention any past experiences where you’ve successfully collaborated with different teams or stakeholders. This will show us that you can work effectively across various groups, which is crucial for enhancing our model risk documentation.
Apply Through Our Website:For the best chance of success, make sure to submit your application through our website. It’s the easiest way for us to track your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team at StudySmarter!
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Models Inside Out
Make sure you have a solid grasp of QRM and FTP Murex. Be ready to discuss how these models work, their importance in managing FTP and IRRBB, and any recent changes in regulatory standards like SS1/23. This will show your technical expertise and understanding of the role.
✨Prepare for Technical Questions
Expect questions that dive deep into model risk management and quantitative risk. Brush up on your knowledge of Treasury reporting and regulatory expectations. Practising how to explain complex concepts simply can really set you apart during the interview.
✨Showcase Your Collaboration Skills
This role requires working closely with various teams, so be prepared to share examples of past collaborations. Highlight how you've successfully managed stakeholders and built strong relationships, as this will demonstrate your ability to work effectively in a team environment.
✨Bring Documentation Samples
If possible, bring along samples of technical documentation you've worked on. This could include model risk assessments or gap analyses. Discussing these examples will not only showcase your writing skills but also your ability to translate complex information into clear, actionable insights.
