Senior Manager FVC Non-Trading

Lloyds Banking Group • Hybrid • Edinburgh, UK • 10h ago

JOB TITLE: 153930 Senior Manager, Financial Valuation Control (FVC) Non-Trading

SALARY: £92,701 - £109,060

LOCATION(S): Edinburgh

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.

What you’ll be doing

This is a new role, with Lloyds Banking Group Commercial Banking Finance, as part of the Finance Valuation Control (FVC) function in Edinburgh.

FVC operates as a centre of excellence for product and valuation control including daily P&Ls, independent price testing, balance sheet control, prudential valuations and risk assurance.

FVC provides critical assurance for transparent and well‑controlled fair and prudent valuations that underpin financial reporting, regulatory compliance and balance sheet integrity. Whilst it sits within Commercial Banking Finance, it provides services to all divisions within the Group. FVC divides between teams focused on Trading Product Control, Treasury Product Control, Trading Valuations, Non-Trading and Risk Assurance.

The FVC Non‑Trading team is responsible for fair value production and/or oversight for the Insurance and Retail divisions, as well as for non-regulated Group entities (outside Lloyds Development Corporation). The team also delivers integrated control services for more complex loan and capital markets activities, particularly those operating with risk‑distribution models. This includes oversight of illiquid balance sheet instruments measured at Fair Value within the regulatory Banking Book.

Key responsibilities…

Valuation Oversight and Prudential Valuation

Lead the Independent Price Verification (IPV) cycle across FV designated loans, capital markets and issuance portfolios.

Product & Financial Control

Oversee any daily P&L requirements for businesses ensuring reporting is timely and supported by attribution commentary.
Oversee month‑end and quarter‑end ledger and financial control processes, ensuring completeness, accuracy and timeliness.

Stakeholder Engagement & Governance

Engage with the business teams for Loan Markets, Capital Markets, Capital Issuances and for Non-Core Assets on the delivery of results and services from the team.

Leadership & Team Management

Lead, coach and develop a team of valuation and product control specialists.

Change, Projects, Automation & Simplification

Support onboarding of new fair value models and enhancements to existing models.

Why join 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.

What we’re looking for?

The role is for a finance, banking professional, with 5+ years of experience, with specialist knowledge of structured finance markets, fair value techniques for financial instruments, and a track record of successful product control.

You'll be able to be demonstrate the following attributes and behaviours:

A financial control champion, able to identify, handle and address control events or gaps as they arise in a fair value, banking environment.
A team leader, who takes responsibility and accountability for their areas of focus and guides and develops their team within an open feedback culture.
A credible and trusted partner to business heads, who is a customer orientated, with a commercial understanding of the wholesale banking market and a proven ability to productively influence the outcome of relevant business decisions
A force in driving change, transforming processes and delivering at pace, utilising available innovation tools effectively.
A team player that builds effective relationships and collaboration across Finance and our partner functions and contributes to the wider management of their department.

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!

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 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.

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.

We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

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.

Related Jobs

Team Manager - Protection Underwriting Team - 9 Month Secondment/FTC

Lloyds Banking Group • Hybrid • Edinburgh, UK • 1d ago

Executive & Management Management Customer Service Operations

JOB TITLE: Team Manager - Protection Underwriting Team - 9 Month Secondment LOCATION: Edinburgh HOURS: Full-time WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of...

1d ago

Apply

Head of Corporate Governance & IJB Secretary

NHS Scotland • Full-time • Glenrothes, GB • 1d ago

Executive & Management Management Health Fife

What we are looking for? Are you a strategic leader with a passion for good governance, public service, and making a meaningful impact in health and social care? We are seeking an exceptional individual to join us as Hea...

1d ago

Apply

Rectification Redress Manager

Lloyds Banking Group • Hybrid • Edinburgh, UK • 1w ago

Executive & Management Management Operations

JOB TITLE: Rectification Redress Manager. SALARY: £61,300pa £74,900pa plus an extensive benefits package. LOCATION: Edinburgh. HOURS: Full-time. WORKING PATTERN : Our work style is hybrid, which involves spending at...

1w ago

Apply

Operations Manager – LP&I, FOS & Exec

Lloyds Banking Group • Hybrid • Edinburgh, UK • 1w ago

Executive & Management Management Customer Service Operations

Job Title: Operations Manager – LP&I, Executive & FOS Complaints Location: Edinburgh Hours: Full‑time Working Pattern: Hybrid – a minimum of two days per week (or 40%) at one of our office sites This advertisemen...

1w ago

Apply

Multi Drop - Delivery Driver (Night Shift) - Loanhead, Edinburgh

McQueens Dairies • Full-time • EH20 9LZ, Loanhead, Midlothian, Scotland, United Kingdom • £15 / hour • 2d ago

Warehouse, Logistics & Transport Delivery Delivery Drivers Courier Work Courier Transport Jobs Logistics Loanhead Edinburgh

Multi-Drop Night Shift Driver Wanted Permanent Contract | £14.72 per hour | Weekly Pay Location: Edinburgh, Loanhead Shift Pattern: Nights: Sunday, Monday, Wednesday, Thursday Times: 10 PM – 7:30 AM Weekly Pay: £...

Easy Apply

2d ago

Apply

Related Jobs

Team Manager - Protection Underwriting Team - 9 Month Secondment/FTC

Head of Corporate Governance &amp; IJB Secretary

Rectification Redress Manager

Operations Manager – LP&I, FOS & Exec

Multi Drop - Delivery Driver (Night Shift) - Loanhead, Edinburgh

Head of Corporate Governance & IJB Secretary