End DateSunday 07 August 2022 Salary Range£65,320 - £81,650 We support agile working – click here for more information on agile working options. Agile Working OptionsOther Agile Working Arrangements / Open to Discussion Job Description SummarySitting within our Risk function, Decision Science is a centre of excellence for analytics,modelling and customer insights. This role is within the Retail Impairment Modelling team, workingon the Unsecured and Motor portfolios. You will be responsible for the maintenance and developmentof an impairment modelling suite and will manage a team of analysts delivering to critical timelineto inform impairment allocation and help to build a safe, strong bank for our customers. Job Description 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. We're genuine about equal opportunity and deeply value diversity - all with a culture built around advancing the best in our people. We’re also embarking on a major transformation programme – putting unprecedented levels of investment into our platforms, people and capabilities. Sitting within our Risk function, Decision Science is a centre of excellence for analytics, modelling and customer insights. This role is within the Retail Impairment Modelling team, working on the Unsecured and Motor portfolios. You will be responsible for the maintenance and development of an impairment modelling suite and will manage a team of analysts delivering to critical timelines to inform impairment allocation and help to build a safe, strong bank for our customers. Could you help us become more insightful about data to reshape our business and deliver success? If so, read on! A bit more 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. What you’ll be doing… Leading the development and maintenance of industry leading retail impairment models for Unsecured and Motor portfolios to support impairment allocation across Lloyds Banking Group, you’ll: 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. What are we looking for? Someone 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. An analytical problem solver, 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. An effective communicator, building positive relationships with partners and communicating recommendations clearly to influence business decisions. A proactive approach to personal development and supporting the development of less experienced colleagues Experience in impairment modelling, knowledge of the IFRS9 regulations and understanding of Unsecured and Motor products would be advantageous but not essential. 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 of 30 days (plus Bank Holidays)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 Our roles are available in a variety of locations, and we support flexible and family-friendly ways of working. 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. 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 Together we make it possible At Lloyds Banking Group, we're driven by a clear purpose; to help Britain recover. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop. We're 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’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference. This employer is a corporate member of myGwork - LGBTQ+ professionals, the business community for LGBTQ+ professionals, students, inclusive employers & anyone who believes in workplace equality.