Counterparty Credit Risk Manager – Market Risk

Lloyds Banking Group

Counterparty Credit Risk Manager managing the Traded Counterparty Credit Risk portfolio at Lloyds Banking Group. Ensuring compliance with risk frameworks and supporting risk management objectives.

Posted 4/15/2026full-timeBirmingham • 🇬🇧 United KingdomMid-LevelSenior💰 £93,087 - £103,430 per yearWebsite

Tech Stack

Tools & technologies

PythonSQL

About the role

Key responsibilities & impact

Operate CCR Exception control reports ensuring that CCR exposures are within Credit appetite limits and trading conditions are within Credit Policy Appetite.
Where appropriate, manage all outstanding control exceptions, escalating to Credit Officers/Coverage and Front Line to ensure timely remediation.
Production of daily/weekly/monthly CCR reports to a wide range of internal stakeholders (FI Credit, Corporate Credit, Enterprise Credit Risk, LBCM Credit, Front Line).
Perform routine and adhoc analysis of moves in macroeconomic risk factors and their impact on the Traded Product Portfolio Risk Profile.
Support the team’s Internal and regulatory (TWD, 4YOP, SWES) stress testing submissions.
Work closely with Credit Officers and offer them the tools, analytics and insight necessary to perform a timely and robust CCR oversight (e.g. PFE limit monitoring, Settlement Risk limit monitoring, Credit Policies Adherence monitoring).
Work with CCR and System Change Teams on a variety of different projects and activities (e.g. internal reporting & control enhancements, Regulatory Submissions).
Give a positive contribution to the success of the governance and business management of the wider FI Credit Team.

Requirements

What you’ll need

Minimum of 5 years Market/Counterparty Credit Risk experience.
Have a good understanding of Counterparty Credit Risk and its interlinkages with Regulatory Capital requirements.
Have a higher qualification in an economic or quantitative discipline or equivalent professional qualifications.
Have excellent written/oral communications skills - in particular, an ability to communicate technical ideas to a diverse audience.
Be Proactive and show initiative, ensuring End-To-End completion of tasks.
Analytical & Attention to Detail skillset, particularly with extracting & transforming large datasets.
PowerBI, Python and/or SQL knowledge is preferable.

Benefits

Comp & perks

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.

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Hard Skills & Tools

Counterparty Credit RiskRegulatory Capital requirementsData analysisStress testingPFE limit monitoringSettlement Risk limit monitoringCredit Policies Adherence monitoringData extractionData transformationQuantitative analysis

Soft Skills

Written communicationOral communicationProactiveInitiativeAttention to detailAnalytical skillsTeam collaborationStakeholder engagementProblem-solvingGovernance contribution

Certifications

Higher qualification in economic disciplineHigher qualification in quantitative disciplineEquivalent professional qualifications