IRRBB Specialist

End Date Friday 02 October 2026 Salary Range £72,702 - £80,780 We support flexible working -  for more information on flexible working options Flexible Working Options Hybrid Working, Job Share

Do you excel in translating complex risk analysis into clear business insights and help influence decision-making at a senior levels? This is a highly visible specialist role within Group Corporate Treasury, responsible for shaping the future of Interest Rate Risk in the Banking Book (IRRBB) at Lloyds Banking Group. The role combines deep IRRBB expertise with change leadership, driving regulatory and transformational initiatives, overseeing model enhancements, and partnering with Risk and Finance stakeholders to deliver strategic improvements!

JOB TITLE:

IRRBB Specialist SALARY:
As per range LOCATION(S):
Leeds Wellington Place

HOURS:

Full-time WORKING PATTERN:
Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites

This opportunity has arisen for an accomplished individual to help shape the future of 'Interest rate risk in the banking book' (IRRBB) at Lloyds Banking Group. This is a highly visible SME role with exposure to senior colleagues across Group Corporate Treasury, where you will be responsible for providing SME knowledge, and supporting the delivery of both regulatory and transformational change.

• Lead and motivate change initiatives across IRRBB, ensuring alignment with organizational goals and objectives.
• Act as a senior IRRBB subject-matter expert across earnings-and value-based risk.
• Provide oversight of changes to IRRBB models, translating complex analysis into clear, decision-focused messaging.
• Establish and build effective relationships with Risk and Finance partners to support the delivery of change into QRM.

We're transforming esting billions in our people, data and tech to change the way we meet the needs of our 28 million customers. We're growing, and we'd love you to be part of the journey!

• 2 or more years' experience within IRRBB or Treasury in a regulated financial services environment.
• Practical experience working with IRRBB balance sheet risk models (e.g. Quantitative risk management - QRM).
• Including A sound understanding of model risk management concepts and governance within a regulated banking environment.
• Proven ability to analyse complex model outputs, identify key drivers and reach well-reasoned conclusions.
• Strong judgement when assessing materiality, model limitations and emerging risk.
• Experience operating independently as a technical specialist, influencing decisions through expertise rather than people management.
• Experience presenting or contributing to senior governance forums, committees or regulatory discussions.
• Confidence communicating complex technical concepts to both technical and non-technical audiences.
• A collaborative mindset, with the ability to build strong relationships across a wide range of colleagues.
• We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme. 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.

We want to ensure all our candidates have the opportunity to shine. Please let us know if there is anything we can do to make the sure the assessment process works for you. Our ambition is to be the leading UK business for diversity, equity and…