Lloyds Banking Group

Senior Investment Operations Manager

Lloyds Banking Group

full-time

Posted on:

Location Type: Hybrid

Location: Leeds • 🇬🇧 United Kingdom

Visit company website
AI Apply
Apply

Salary

💰 £83,411 - £98,130 per year

Job Level

Senior

About the role

  • Facilitate cash movements within DB schemes to meet pension payments, investment calls, and changes, while forecasting short-term cash requirements (up to 6–9 months ahead).
  • Manage relationships with global custody providers delivering custody, accounting, and collateral services.
  • Liaise with investment managers’ operational teams and external Operational Due Diligence (ODD) suppliers.
  • Monitor investment costs and coordinate with external partners such as longevity swap providers and consulting firms.
  • Lead asset transitions for DB and DC schemes, ensuring secure and efficient execution.
  • Oversee operational interactions with investment managers and provide ODD oversight.
  • Continuously improve operational processes, ensuring robust controls and efficiencies.
  • Champion best practices and regulatory compliance, adapting procedures to industry standards and emerging technologies.
  • Provide guidance and support to team members, fostering a culture of learning and growth.
  • Monitor the investment landscape and identify areas of change, such as use of blockchain technology to support collateral management.

Requirements

  • Extensive experience in investment operations, ideally within asset management or large UK DB schemes.
  • Experience in DC transformation projects and operational oversight.
  • Strong supplier and stakeholder management skills.
  • Proven track record in contributing to large-scale change projects.
  • People management experience and ability to lead cross-functional collaboration.
  • In-depth knowledge of:
  • - Global custody operations
  • - Collateral management
  • - Longevity swaps
  • - Asset transitions for DB and DC schemes
  • - Cash operations and money market fund selection
  • - DC scheme operations, including error correction
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

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
investment operationsglobal custody operationscollateral managementlongevity swapsasset transitionscash operationsmoney market fund selectionDC scheme operationsoperational oversighterror correction
Soft skills
supplier managementstakeholder managementpeople managementcross-functional collaborationleadershipguidancesupportprocess improvementcommunicationteam development
Lloyds Banking Group

Senior Investment Operations Manager

Lloyds Banking Group
Seniorfull-time$83k–$98k / year🇬🇧 United Kingdom
Posted: 2 hours agoSource: lbg.wd3.myworkdayjobs.com