Address
Form of work
SalaryFriday 24 May 2024
Salary Range
£111,469 - £131,140
We support flexible working - click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job Share
Job Description Summary
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Job Description
JOB TITLE: Head of Group Cost and Conduct
SALARY: £111,469 - £131,140
LOCATION(S): London or Edinburgh
HOURS: Full time
WORKING PATTERN: Hybrid, 40% (or two days) in our Edinburgh or London office
About this opportunity
We have an opportunity for an experienced Senior Finance Professional to join us as Head of Group Cost and Conduct. This exciting role offers the opportunity to be at the heart of the finance community providing analysis, insight and strategic direction to a range of senior stakeholders.
Reporting to the Group Financial Planning & Analysis Finance Director, this role is responsible for the leadership of a team of c.20 finance professionals providing analysis and insight on all elements of Costs, Resources, Reward and remediation items. For these key areas the role scope includes: playing a key role in the Group’s forecasting and budgeting/planning process; developing and preparing monthly performance reporting as part of broader Group Executive Committee and Board reporting as well as presentation to Group Cost Management Committee; analysis and accounting judgment to Audit Committee on Group Remediation items; partnering the Reward team; and supporting external reporting of Group results.
Day to day you’ll be;
- Leading the Group Cost and Conduct team by using your expertise to produce analysis and insights for senior management including the Group Financial Controller, CFO, CEO and the Board.
- Compiling and analysing datasets and financial management information, to drive a deep and detailed understanding of business drivers and provide insight to support commercial decision making, including supporting the management of the overall Group £9.4bn cost base.
- Assessing Group remediation programmes through collaboration with programme, legal, operations and finance teams, ensuring compliance with IAS 37 including appropriate disclosures in the external results.
- Presenting management reports to senior management, ensuring that results and issues are well understood and explained.
- Preparing external analysis for investors and analysts to assist their understanding of the Group and its performance.
- Working with and influencing Divisional and Central teams, providing guidance and direction.
- Driving improvements to the processes including control, automation and insight, as well as broader activities including Strategic Workforce Planning.
- Building and maintaining a successful team to ensure colleagues are led and developed effectively, utilising the Group’s Your Best principles.
- Contributing to establishing a clear common purpose across the team of c.45 colleagues.
About us
We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.
What you’ll need
- Qualified Accounting/Finance professional with consistent track record in financial analysis, demonstrating a strong understanding of commercial business drivers.
- Collaborator who can initiate and lead conversations to understand and challenge and thus advise on emerging issues and opportunities.
- Agility in delivering output including providing guidance and direction to others.
- Ability to develop a team of finance professionals: leading by example with a growth mindset; establishing objectives; and driving a performance management culture through excellent coaching
- Building strong working relationships across diverse partners, including senior management with a collaborative approach to delivery, but retaining willingness and ability to challenge
- Confidence and experience in presenting to senior audiences.
And any experience of these would be really useful
- Breadth of knowledge across the relevant businesses of Lloyds Banking Group and wider Financial Services industry, including understanding economic, regulatory and social trends.
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.
