LBG Returners - Decision Science Modelling Manager - Open to flexible & hybrid working

London, Leeds, Bristol, Cardiff
£65,320 - £81,650 per annum
06 Jun 2022
04 Jul 2022
Lloyds Banking Group

Why the Lloyds Banking Group Returners Programme?

If you've taken a career break for at least 18 months then you're eligible to apply to our award-winning Returners Programme at Lloyds Banking Group.

We're in the middle of a huge transformation to realise our ambition of building the bank of the future, whilst also fulfilling on our commitments to Helping Britain Recover.

This a permanent role and if you're successful as well as helping build your workplace expertise we'll also provide a 16 week programme, designed to re-integrate you back into your career and restore the skills and value you possess. 

As the UK's largest retail, commercial and digital bank, Lloyds Banking Group (LBG) have a big responsibility to support the UK economy and put customers at the heart of everything we do.

We follow a clear set of principles which promote a positive, collaborative and creative culture. You'll find we're genuine about equal opportunity and deeply value diversity - all with a culture built around advancing the best in our people.

LBG has been named:

  • A Top 10 UK Employer for Working Families
  • A Times Top 50 UK Employer for Women
  • An Investing In Ethnicity Outstanding Employer
  • Business Culture Award for Best Large Organisation For Culture

We're also embarking on a major transformation programme - putting unprecedented levels of investment into our platforms, people and capabilities.

Could you help us become more insightful about data to reshape our business and deliver success?

About decision science

Sitting within our Risk function, Decision Science is a centre of excellence for analytics, modelling and customer insights. The team support the wider Risk division by:

  • Delivering sophisticated data analytics and modelling to support retail and commercial customer needs and credit decisions across the credit lifecycle
  • Supporting the bank's prudential requirements such as capital and impairment allocation, and capital optimisation

We work with data that underpins vital business decisions, and together we make it possible to add customer value, control risk, and help to build a safe, strong bank for our customers.

Our roles are available in a variety of locations, and we support flexible and family-friendly ways of working.

The role

Leading the development and maintenance of industry leading credit risk models and other analytical solutions to support risk management across Lloyds Banking Group. The role provides the opportunity to:

  • Take ownership for delivery of modelling and analytic projects, ensuring these are completed in line with business requirements.
  • Lead the design of modelling solutions (model developments, calibrations, analytics etc.) to high technical standards and following internal policies and external regulation.
  • Think about data differently, using it to really understand customer behaviour and credit performance and to tell a story to the business in order to influence decision making.
  • Build positive relationships with colleagues and partners across the organisation and communicate clearly to agree modelling proposals and present recommendations.
  • Provide technical leadership, mentoring and management to less experienced team members.
  • Participate actively in the Decision Science management team, supporting senior managers in delivering of wider team initiatives and proactively contributing to development of positive team culture.

The person

We welcome candidates from all personal and career backgrounds and support flexible working arrangements. We'll help you reach your full potential, meet your career aspirations and really make a difference as you embark on a career with excellent development and progression opportunities.

We are looking for people who are:

  • Comfortable working with numbers and have either a good degree in a numerate subject or equivalent quantitative experience gained in previous roles
  • Experienced in the use of programming languages (e.g., SAS, SQL, Python) to manipulate data and in the use of statistical modelling techniques
  • Knowledgeable in the fundamental principles of banking, credit risk management, economics.
  • Analytical problem solvers, combining innovation and creativity with understanding of the business and regulatory environment.
  • Well organised and able to lead analytical and modelling projects to a high standard and with limited guidance.
  • Effective communicators, building positive relationships with partners and communicating recommendations clearly to influence business decisions.
  • Proactive approach to personal development and supporting the development of less experienced colleagues

And in return...!

We'll recognise and reward your performance. Our award-winning benefits package includes:

  • A competitive salary and annual performance-related bonus
  • A generous annual holiday allowance with the option to purchase up to 5 additional days per year
  • An additional annual flexible allowance that you can use to choose from a wide range of benefits, such as Cycle2work and enhanced medical benefits, or take as cash
  • A contributory pension scheme
  • Private medical insurance