Cost Business Partner for Commercial Banking

Lloyds Banking Group; West of England; On-site; GBP 65,385 - 72,650; Full time

Benefits offered by this job

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

Discounted shopping and lifestyle benefits

30 days holiday plus bank holidays

Wellbeing initiatives and generous parental leave policies

Job summary

A major banking institution is looking for a Cost Business Partner for its Business & Commercial Banking and Corporate & Institutional Banking sectors. The successful candidate will provide strategic financial insights, support management decision-making, and foster positive collaboration across teams. Applicants should possess strong analytical skills, business partnering experience, and be proficient in Excel and other financial tools. The position offers a competitive salary and a hybrid working model.

Qualifications

• Proven business partnering experience in a financial environment.
• Ability to provide analytical insights for decision making.
• Experience in developing and maintaining strong workplace relationships.

Responsibilities

• Engage across multiple teams for management decision making.
• Support and challenge the business with robust forecasts.
• Provide high-quality financial and commercial insights.

Skills

Strong business partnering skills with experience of driving cost improvement

Analytical and problem-solving capability

Excellent interpersonal skills

Strong Excel skills

Experience with IBM PAX and Power BI

Education

Financial qualification or equivalent commercial experience

Tools

IBM PAX

Power BI

Job description

Overview

JOB TITLE: Cost Business Partner for Business & Commercial Banking and Corporate & Institutional Banking

SALARY: The salary banding for this role is £65,385 to £72,650

LOCATION: Bristol or Edinburgh

HOURS: 35 hours, full time

WORKING PATTERN: Hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites.

This range is provided by Lloyds Banking Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

About this opportunity

An exciting opportunity has arisen to join the Cost Business Partnering team. Our Business Partners are Group Finance's front line into the business. They think strategically and are trusted advisors to the group and its leadership teams. Business Partners provide challenge and insight and champion a culture of curiosity in order to truly understand the businesses they’re supporting.

What will I be doing?

The team focus is on insight and analysis, engaging across multiple teams, providing outputs for management decision making. Working collaboratively, building and maintaining strong working relationships across Finance, Business & Commercial Banking and Corporate & Institutional Banking businesses and embracing Grow With Purpose are all key attributes.

Evolving role within team, with job rotation opportunities for fresh challenges and exposure.

We present key messages, ranging from monthly management reports to 4YOP playbacks to our senior stakeholders, ensuring that the story and challenges are well understood and explained in a way that is relevant to the business.

We support and challenge the business to prepare robust regular forecasts including group-level quarterly forecast and Operating Plans with well-understood risks and opportunities.

Working with others to develop and provide high quality financial and commercial insight to support the business in effective strategic decision making. Take on the role of the key Finance contact and trusted advisor for the business and its leadership teams in the Division.

This is a great role for broadening awareness across Commercial Banking with the benefit of working closely across CB and Group finance teams, business teams and broaden your network and understanding of the bank.

Why Lloyds Banking Group

From building a truly sustainable business to creating a place where people love to work, we need colleagues who are up for the challenge of our bold ambitions. Who are excited to push boundaries and make change happen. Together, we can grow with purpose.

What you’ll need

• Strong business partnering skills with experience of driving cost improvement.
• Analytical and problem-solving capability, applied within a financial environment.
• Excellent interpersonal skills, and an ability to develop a broad network across the organisation and collaborate to achieve goals.
• Strong Excel skills is critical, with experience of IBM PAX, and applications such as Power BI also desirable.
• A financial qualification or equivalent commercial experience/knowledge.

Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We’re disability confident and welcome reasonable adjustments to our recruitment processes.

Benefits

• A generous pension contribution of up to 15%
• An annual performance related bonus
• Share schemes including free shares
• Discounted shopping and lifestyle benefits
• 30 days’ holiday, with bank holidays on top
• Wellbeing initiatives and generous parental leave policies

Want to do amazing work, that's interesting and makes a difference to millions of people? Join our journey.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Accounting/Auditing
• Industries
• Banking

We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative.