Location
London

Hours
Full Time, Hybrid working pattern involving spending 2 days per week (40% of time) in one of our office sites

Salary
£107,000 per annum

About the Role
We are seeking a Senior Treasury Tax Manager to join Lloyds Banking Group’s Group Corporate Treasury and Commercial Banking team. In this role, you will build positive relationships with key partners across tax, finance, and business functions, becoming a recognised tax and business leader as well as a subject matter expert.

Reporting to the Group Tax Advisory Director, you will collaborate with tax technical specialists, senior leadership, and external advisers to provide value-adding business partnership.

Your responsibilities will include delivering technical tax advice on loan relationships, swaps, derivative contracts, repos, and commercial lending within a fixed income business context. You will also support commercial structuring and tax enquiries focused on Treasury and Commercial Banking operations.

You will work closely with corporate tax compliance and reporting teams to ensure tax returns and IFRS reporting accurately reflect all tax consequences, both on a solus and consolidated basis.

Supporting the Group in understanding and implementing direct tax legislation, you will contribute to the development of the Group Tax team through formal training, mentoring, and informal support.

Building a strong network internally and externally, you will act as a key contact and tax subject matter expert for Group Corporate Treasury and Commercial Banking, addressing a wide range of tax queries.

Additionally, you will provide expert technical support across corporate tax compliance and reporting matters, including new legislation, business developments, and complex transactions.

You will manage HMRC disputes by providing insight and technical expertise to ensure enquiries are focused, technically sound, and progressed cooperatively and transparently.

Experience
- Established record as a tax specialist within practice or industry.
- Experience or strong desire to develop expertise in taxation of banks, loan relationships, derivative contracts, repos, and commercial lending.
- Strong technical knowledge of IFRS accounting related to financing transactions, derivatives, and hedging.
- Background in Financial Services.
- Experience managing HMRC disputes and tax enquiries.

About you
- Excellent oral and written communication skills.
- Strong analytical and interpretative abilities.
- Technically proficient in key areas of corporation tax.
- Strong core IT skills with willingness to adopt new technologies to improve processes and risk management.
- Collaborative and able to build effective relationships across teams and external advisers.

Qualifications
- Professional Accountancy, Tax and/or Economics qualifications such as ACA, CA, CTA, ADIT, or a relevant MSc.
- Demonstrated ability to apply technical tax knowledge in a complex corporate environment.
- Understanding of risk expectations for a tax function operating under multiple regulatory and tax regimes.