Address
Form of work
Salary End Date
Wednesday 17 April 2024 Salary Range
£72,081 - £80,090 We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job Share Job Description Summary
. Job Description
JOB TITLE: Corporate Finance Manager
Salary: £73,521 - £81,690
LOCATION(S):London
HOURS: Full time
WORKING PATTERN: Hybrid, 40% (or two days a week) in our London office
About this opportunity
An opportunity has arisen for a forward-thinking and motivated individual to join the Group’s Corporate Finance & International team (“GCFI”) within Central Finance, with a focus on the Group’s Mergers & Acquisitions (“M&A”) activities.
The team is responsible for advising Group Corporate Development and Divisional Finance teams on all financial aspects of LBG’s prospective M&A deals and strategic equity investments. Through this unique opportunity, the successful candidate will gain considerable exposure to strategic decision making and Corporate Finance solutioning, building relationships with senior colleagues across the bank, and helping to shape the future of the Group through enabling its inorganic strategy.
What you'll be doing:
- Co-ordinating and driving the finance work stream for each transaction to support the execution of inorganic projects.
- Developing the accounting and capital treatment of transactions.
- Scoping, coordinating, and driving the financial due diligence process in conjunction with external advisors.
- Conducting quantitative and qualitative analysis of business valuations to support the transaction evaluation; this includes business plan review, financial modelling, sensitivity and scenario analysis, and impact assessment on financials.
- Evaluating deal structure (and understand pricing of various convertible structures), ensuring all financial risks and impacts are rigorously assessed, and communicated.
- Assessing value creation potential within GCFI and developing action plans to deliver against process improvement initiatives.
About us:
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:
- A recognised finance or accounting qualification (ACA/ ACCA/ CIMA/ CFA or similar).
- Experience in Corporate Finance/ M&A space with strong examples of how to deliver value to the deal process, this could be gained in a Valuations, SPA, TS, Lead advisory role or an in-house Corporate Finance role.
- Ability to demonstrate application of key accounting standards (i.e. IFRS 3, IFRS 5, IFRS 9, IFRS 10, IAS 28, IAS 37, etc).
- Creative problem solver with critical thinking/ questioning mind and good research skills.
- Continuous improvement mentality and ability to identify shortcomings in the existing practices and inspire changes with a disciplined and structured approach.
- Strong Excel and PowerPoint skills.
It would be beneficial to have:
- Relevant sector experience with a strong understanding of how banks operate, different types of products they offer & business models (Retail, Commercial Banking, Insurance & Wealth Management, Fintech’s, etc.).
- Understanding of banking capital modelling and solvency II, but not required
- Statutory/ Regulatory/ Capital Reporting / SPA/ Valuation knowledge is an advantage.
- Good time-manager who can balance across multiple time-critical projects (flexible in terms of daily work patterns as M&A work has large peaks and troughs).
About working for 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.
We also offer a wide-ranging benefits package, which includes:
- A generous pension contribution of up to 15%
- An annual bonus award, subject to Group performance
- 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
Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.
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.
