Retail Finance Business Partner – Indirect Costs

Lloyds Banking Group; Cardiff; On-site; GBP 50,000 - 70,000; Full time

Job summary

An exciting opportunity at a leading bank to lead the Retail Finance team's indirect costs. This role involves driving improvements in cost visibility and accountability while working closely with stakeholders. The ideal candidate will possess strong leadership and communication skills, with a background in finance or accounting.

Benefits

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

Discounted shopping benefits

30 days’ holiday plus bank holidays

Wellbeing initiatives and parental leave policies

Qualifications

• Strong leadership skills and ability to take ownership.
• Effective verbal and written communication skills.
• Experience in building positive relationships.

Responsibilities

• Lead the Retail indirect costs programme and drive momentum.
• Increase visibility and transparency of indirect costs.
• Shape and develop an indirect cost reporting process.

Skills

Leadership

Communication

Influencing

Relationship Building

Proactive Approach

Ability to Thrive Under Pressure

Curiosity

Education

Accounting qualification (ACCA, CIMA, ACA)

Job description

About this Opportunity

An exciting and unique opportunity has arisen to join the Retail Finance team to lead Indirect Costs for the largest Retail Banking Business in the UK. This role offers a fantastic opportunity to build a deep understanding of the Retail cost base, work closely with senior colleagues within Finance, and to use your skills to make a significant impact with a range of stakeholders across Finance and the Retail business units.

What you'll be doing

• Lead the Retail indirect costs programme aligned to the workstreams agreed by Group Cost Management Committee (GCMC), driving momentum and ensuring key stakeholders are updated as required.

• Build a deep understanding of indirect costs including the composition of Group Function costs, allocation methodologies and drivers, and impact on Product Profitability and Returns

• Increase visibility, understanding and transparency of indirect costs through regular engagement with our business stakeholders. Lead improvements in how indirect cost information is presented to enable greater transparency and insight.

• Drive business accountability for indirect costs, supporting the business to drive reductions in indirect costs, facilitating discussions between supplier and product areas

• Shape & develop an indirect cost reporting processto provide driver & performance-based insight combined to improve efficiency and productivity.

• Manage the implications of strategic and transformation decisions, and new approaches including dynamic charging, ensuring the indirect cost implications are understood and considered.

Why Lloyds Banking Group?

If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose.

What you'll need

Key skills we are looking for:

• Strong leadership skills, comfortable taking ownership and leading through others, along with responsibility for your own work.

• Effective verbal and written communication skills, with a consistent track record in creating and sharing clear and tailored communications with a range of stakeholders.

• Ability to influence, using compelling arguments to gain the support and dedication of others to drive forward actions.

• Experience in building and establishing positive relationships.

• Upbeat and pro-active approach, with the ability to act on your own initiative.

• Aptitude to thrive in a fast-paced environment and under pressure, whilst delivering accurate outputs.

• Eager to learn and have a curious attitude, enjoying being challenged by new opportunities that arise.

• Accounting qualification (ACCA, CIMA, ACA) preferable but not essential

About working for us

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’re committed to creating a consciously inclusive workplace where our colleagues can be themselves, thrive and perform at their best.

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.

As an inclusive employer, we offer Workplace Adjustments for colleagues with a disability (which may include long-term health and neurodivergent conditions) where it is reasonable to do so. This could include flexibility with regards to office attendance, location, and working pattern.

We are proud to be a Disability Confident Leader. If you have a disability, you can also apply via our Disability Confident Scheme (DCS). Through the DCS, we guarantee to interview a fair and proportionate number of applicants with a disability, whose application meets the minimum criteria for the advertised job role.

We also provide adjustments that are reasonable throughout the recruitment process to reduce or remove barriers for applicants with a disability, long-term health condition or neurodivergent condition. If you’d like an adjustment to the recruitment process just let us know.

We also offer a wide-ranging benefits package, which includes:

• 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

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you.