Assistant Manager – Market Risk SME

Assistant Manager – Market Risk SME: A Strategic Opportunity at Lloyds Banking Group

For professionals passionate about Market Risk and seeking to influence strategic financial risk management, this Assistant Manager position at Lloyds Banking Group presents a compelling career opportunity. Based in London, this full-time role offers a competitive salary range of £63,711 to £77,869 and embraces a hybrid working model, requiring a minimum of two days per week in the office, promoting a balanced approach to work and personal life.

Key Advantages for Candidates:

• Impactful Role: You will be a vital Subject Matter Expert (SME) within the Financial Risk Oversight – Traded Risk Evolution & Calculation team. Your insights and guidance will directly shape market risk practices, inform crucial business decisions, and support senior leadership in navigating complex challenges.
• Continuous Learning and Development: Lloyds Banking Group is committed to investing in its people, data, and technology. This role offers a prime opportunity to engage with innovative projects, advance your expertise in market risk, and develop new skills in a dynamic and evolving financial landscape.
• Collaborative Environment: You will work within a dynamic team, collaborating with business and technology partners both within and outside Traded Risk. This fosters a rich environment for knowledge sharing, problem-solving, and professional growth.
• Career Advancement: The description highlights a commitment to employee development, suggesting ample opportunities for learning, growth, and career progression within a large, established financial institution.
• Inclusive Culture: Lloyds Banking Group champions diversity and inclusion, creating an environment where everyone feels they belong and can thrive. Their proactive initiatives in areas like diversity in senior roles and support for specific health initiatives demonstrate a genuine commitment to employee well-being.
• Attractive Benefits: The role comes with a comprehensive benefits package, including a generous pension contribution (up to 15%), an annual performance-related bonus, share schemes, adaptable lifestyle benefits, 30 days' holiday plus bank holidays, and extensive well-being initiatives.

Key Considerations for Candidates:

• Required Expertise: A strong foundation in Market Risk is essential, including a thorough understanding of risk management practices and traded products. Experience with the change lifecycle and Agile methodologies (Scrum/Kanban) is also a key requirement.
• Problem-Solving and Communication: The ability to analyze complex issues, propose effective solutions, and communicate technical information clearly and concisely to diverse stakeholders is paramount. You should be comfortable working both independently and collaboratively.
• Technical Skills: While not strictly mandatory, experience in delivering Market Risk system changes and proficiency in VBA, SQL, and AI technologies are highly desirable and can significantly enhance your candidacy.
• Project Management Acumen: A successful track record in project management delivery will be a valuable asset, given the focus on driving initiatives and ensuring their successful implementation.
• Commitment to Hybrid Working: Candidates should be comfortable with the hybrid work model, understanding the expectation of spending at least 40% of their time in the office.

Career Path Guidance:

This Assistant Manager position is ideally suited for an experienced Market Risk professional looking to deepen their expertise and take on greater responsibility. It serves as an excellent platform to develop leadership skills, influence strategic risk decisions, and contribute to significant organizational change. For those with a strong technical aptitude and a desire to work at the forefront of financial risk technology, the emphasis on AI and system enhancements offers a unique avenue for specialized growth. The comprehensive support structure and commitment to development at Lloyds Banking Group suggest this role can be a stepping stone to more senior positions within risk management or related fields.