QRM Modelling Developer - 12 month FTC

Job Title

QRM Modelling Developer - 12 month FTC

Salary

£72,702 to £88,858

Location

Leeds Wellington Place, Bristol Harbourside

Hours & Working Pattern

Full-time. 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.

About this opportunity

This Fixed Term Contract opportunity has arisen for an accomplished Manager to work closely with the Senior Manager, IRRBB in delivering best in class modelling and reporting to a broad range of stakeholders. This is a highly visible role with exposure to senior colleagues across Group Corporate Treasury and Risk, in addition to the full customer balance sheet.

What you'll be doing:

• Build and maintain models for Net Interest Income (NII), and Market Value (MV) calculations.
• Establish and build effective relationships with Risk and Finance partners to support the delivery of business assumptions into QRM and support stress testing.
• Lead change and testing efforts for QRM model enhancements, including UAT planning and execution.
• Produce and complete test output governance, including documentation.
• Collaborate with Treasury, Risk, and Finance partners to gather requirements and deliver model improvements.
• Ensure models align with regulatory expectations (e.g., ICAAP, SOTs, stress testing) and internal governance standards.
• Manage and minimise operational risks via robust control frameworks underpinning processes.
• Continuously strive for process improvements to enable time for value adding activity and qualitative review.
• Support agreed change initiatives to deliver agreed objectives of the IRRBB team.
• Support simplification of the ALM model and continued development of model assumptions, including the development of dynamic modelling and back testing.

Why join us?

We are transforming at pace. Investing billions in our people, data and tech to change the way we meet the needs of our 28 million customers. We are growing, and we would love you to be part of the journey!

What we're looking for:

• 2+ years' experience using SQL with ability to demonstrate strong understanding of QRM Modelling.
• 2+ years' experience with Excel functionality and capabilities to proactively review, challenge and streamline existing models or build new modelling capability.
• 12 months or more proven knowledge of Retail Banking Products.
• At least 2 years' experience in confidently explaining technical topics both verbally and in business commentaries.
• 12 months or more proven ability to debate and influence with senior stakeholders.
• Proven experience within the last 12 months of a high level of intellectual capacity driving ability to grasp new techniques quickly.
• At least 12 months experience of key Market Risk management techniques including Net Interest Income Sensitivities, Market Value Basis Risk, Stress Testing.
• Experience using Python to build and maintain models.
• Positive attitude with enthusiasm to contribute to an engaged team culture.
• Self awareness and ability to drive own development.

Important information regarding diversity, inclusion and disability

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. 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 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 want to ensure all our candidates have the opportunity to shine.

Benefits

• 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

Application Process

Ready to make an impact? Apply today! At Lloyds Banking Group, we are 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 will have a key role to play in shaping the financial services of the future, while the scale and reach of our Group means you will have many opportunities to learn, grow and develop. We keep your data safe. We will only ever ask you to provide confidential or sensitive information once you have formally been invited to an interview or accepted a verbal offer to join us, which is when we run background checks. We always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. We are 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 are building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.