JOB TITLE: Head of Finance - Impairment SALARY: £130,671 - £169,103 LOCATION(S): London 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. This is a superb opportunity to join our Finance team and be a key part of the ambitious cultural change we are undertaking as a function, and as an organisation. It is an opportunity to learn a huge amount both in this field of expertise as well as developing great leadership and broader transferable skills for somebody looking to progress their career in Finance. About this opportunity A fantastic opportunity to join the Group Impairment Finance team, part of the Central Finance function in an influential leadership role managing a small team responsible for the analysis, insight and explanation on credit performance, reporting into the Group Impairment Finance Director. Within Central Finance, the Group Impairment Finance team is a centre of excellence, with around 30 colleagues. The team works closely with Credit Risk and business partners covering all aspects of Impairment and Expected Credit Losses for the Group. This includes modelling, analysis and insight, planning, business partnering as well as financial reporting and control activity. The profile of Impairment and its impact on the Group's financial performance has increased significantly over the last few years and while the economic outlook is improving, the impact of COVID and recent economic conditions, alongside the complexity of IFRS 9 accounting standard, means that Impairment remains a key component of the Group's financial performance. We therefore expect this will continue to be a very interesting time for the team. The Head of Impairment Financial Planning & Analysis role stretches across internal and external reporting, analysis and forecasting processes, with ledger activity, financial controls and partnering activity are covered by the wider Impairment team. The FP&A team operates in keeping with the Group's approach to a thin business partnering model, providing support to the two divisional business partners in the wider team. This leadership role would therefore be a great fit for an analytical Finance leader who has capabilities across numerical analysis, and bringing insight and clarity from complex and detailed analysis. Leading a team through clear direction and strong influencing capabilities. The role therefore provides a fantastic opportunity to develop a deep understanding of a key part of the Group's financial performance and work closely with a number of teams and senior stakeholders. Responsibilities: Lead the operation and governance forums for the quarterly Expected Credit Loss provision assessment including model calibration and judgemental adjustments. Manage the effective delivery of all Impairment P&L and balance sheet inputs into wider Finance reporting and forecasting processes. Producing insight and analysis to understand and explain to others the drivers and implications for impairment and provisioning. These include customer behaviour, economics, Group policy and regulatory actions. Lead as a subject matter expert on Impairment provisioning, supporting Retail and Commercial partners in the wider team to provide a great service to the business and finance teams we support. Provision of board papers and external disclosure narrative related to credit performance and the respective financial impact on divisional and Group performance. Helping the team be a fantastic place to work - where colleagues feel motivated, developed and recognised. Why Lloyds Banking Group 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: Proven analytical strengths in dealing with complex, technical or statistical financial work - an impairment or credit risk background is not crucial, but the capability and desire to develop an expertise certainly are. Excellent judgement in terms of understanding the relevant issues and make the right decision. Translating complex and technical concepts into a clear message. Ability to influence and align colleagues to make things happen, to build trust and collaborative relationships with teams across various functions. As a people leader, somebody who promotes a sense of team and innovation, who can provide Clarity, Coaching, Challenge and Care to manage team performance and develop capability of others. Somebody who demonstrates LBG's values and behaviours and encourages this across teams, showcasing exemplary behaviours. And any experience of these would be really useful: Experience and understanding of Credit Risk principles and/or IFRS 9. Qualified accountant with a proven track record in FP&A finance roles Understanding of core data principles and process re-engineering or project delivery. Experience in dealing with external auditors or regulators. 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 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 If you're excited by the thought of becoming part of our team, get in touch. We'd love to hear from you.