Technical Application Specialist - QRM

Lloyds Banking Group; Leeds; On-site; GBP 47,000 - 54,000; Full time

Job summary

A leading financial services group in Leeds is seeking a specialist in treasury technology. You will work with the Market Risk Reporting team on reporting and modelling related to Interest Rate Risk. Required skills include strong analytical abilities and familiarity with QRM. The role offers flexible working options and a range of benefits including generous pension contributions and annual performance bonuses.

Benefits

Generous pension contribution

Annual performance-related bonus

Share schemes including free shares

Discounted shopping

30 days’ holiday

Wellbeing initiatives

Generous parental leave policies

Qualifications

• Ability to work with complex data structures.
• Experience in data or treasury preferable.
• Exposure to ALM software tools such as QRM is a plus.

Responsibilities

• Deliver reporting and modelling related to Interest Rate Risk in the Banking Book.
• Support the build and enhancement of QRM modelling capability.
• Act as a bridge between engineering teams and colleagues running models.

Skills

Strong analytical skills

Excellent communication skills

Technical background

Strong numeracy

Willingness to learn treasury technology

Familiarity with Microsoft Excel

Familiarity with PowerPoint

Tools

SQL

QRM

Job description

End Date

Thursday 09 October 2025

Salary Range

£47,790 - £53,100

Flexible Working Options

Job Share

Job Description Summary

Are you ready to develop specialist skills in treasury technology and become a bridge between data engineering and financial modelling? This is a unique opportunity to grow into a specialist role within our Market Risk Reporting team, working with cutting-edge tools like QRM.

Job Description

About this opportunity

You’ll be joining a collaborative and forward-thinking team that’s building in-house capability around QRM (Quantitative Risk Management), a third-party ALM modelling tool. This role is ideal for someone early in their career who’s smart, curious, and ready to commit to a learning pathway in treasury tech.

What you’ll be doing

• Deliver reporting and modelling related to Interest Rate Risk in the Banking Book (IRRBB) within agreed timeframes
• Support the build and enhancement of QRM modelling capability, including dynamic assumption modelling
• Act as a bridge between engineering teams and colleagues running models in QRM
• Implement robust processes to support Market Risk objectives including reporting and Interest Rate Risk transfer pricing (ITP)
• Continuously improve processes to enable more value-adding activity and qualitative review
• Communicate complex technical issues clearly to a range of stakeholders
• Contribute to wider Group-wide projects and initiatives
• Use knowledge gained to guide and support other team members

What you’ll need

• Strong analytical skills and ability to work with complex data structures
• Excellent communication and stakeholder management skills
• A technical background, ideally with experience in data or treasury
• Strong numeracy and modelling skills
• Willingness to learn and specialise in treasury technology
• Familiarity with Microsoft Excel and PowerPoint
• And any experience of these would be really useful:
• Understanding of market risk and interest rate risk
• Exposure to ALM software tools such as QRM
• SQL skills
• Awareness of treasury instruments and their modelling techniques

About working for us

We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.

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 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. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So if you’d like reasonable adjustments to be made to our recruitment processes, 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

Ready for a career where you can have a positive impact as you learn, grow and thrive? Apply today and find out more.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.