Associate Director, Treasury Portfolio Strategy & Hedging

Lloyds Banking Group; City Of London; Hybrid; GBP 90,000 - 130,000; Full time

Benefits offered by this job

Pension up to 15%

Annual bonus

Share schemes

Discounts on shopping

30 days holiday

Wellbeing programs

Parental leave

Job summary

Lloyds Banking Group is seeking an Associate Director in Treasury to lead hedging strategies and manage market risks across the balance sheet. The role requires translating macroeconomic developments into actionable hedging decisions for senior stakeholders.

You will join the Treasury Portfolio Management & Execution team, contributing to the bank’s risk management framework while collaborating with multiple groups across the organisation in a hybrid work setting.

Qualifications

• Strong understanding of financial markets and risk management.
• Deep knowledge of bank balance sheets and how market risk affects performance.
• Excellent analytical and numerical skills, capable of turning data into insights.
• Ability to communicate complex topics clearly to senior partners.

Responsibilities

• Develop and implement hedging strategies across interest rate, FX and cross-currency portfolios.
• Manage market risk on the group's balance sheet, including the Structural Hedge.
• Provide strategic market and risk-management insights to senior executives.
• Interpret macroeconomic and market developments into hedging implications for financial metrics.
• Offer transaction structuring and hedging execution expertise across entities.
• Shape hedge strategy using the group’s planning and stress-testing processes.
• Build relationships across Treasury to identify risks and opportunities.

Skills

Financial markets

Risk management

Balance sheet risk

Analytical skills

Stakeholder comms

Job description

Lloyds Banking Group is seeking an Associate Director in Treasury to lead hedging strategies and manage market risks across the balance sheet. The role requires translating macroeconomic developments into actionable hedging decisions for senior stakeholders.

You will join the Treasury Portfolio Management & Execution team, contributing to the bank’s risk management framework while collaborating with multiple groups across the organisation in a hybrid work setting.