Your role
At Lloyds Bank GmbH, we're at the forefront of financial innovation, and your role as a Stress Testing Manager specialized in Financial Risk Management is crucial. You would assist in designing and developing Stress Testing frameworks, scenario development and manage the execution of the Stress Tests. Your dedication to excellence shapes the future of our organization.
If you're passionate about making a meaningful impact in finance and risk management, consider joining our dynamic team at LB GmbH. Together, we can achieve great things and drive innovation in the financial industry.
A day in the life of a Stress Testing Manager
The day begins with a quick review of overnight market developments and any relevant news that might impact the bank's risk profile.
After a quick email check for updates from the risk management team and regulatory bodies, a brief team meeting follows, discussing the day's priorities and any urgent tasks. Collaboration is key, so that you ensure everyone is aligned and motivated.
You then dive into the design and refinement of stress testing scenarios. This involves analysing macroeconomic indicators and consulting colleagues to develop realistic stress scenarios. Attention to detail is crucial, as these scenarios must accurately reflect potential adverse conditions.
Afterwards, it's time for a deep dive into the latest stress test results. You review the data, identifying key vulnerabilities and assessing the impact on the bank's capital adequacy. This analysis is critical for informing strategic decisions and ensuring the bank's resilience.
The afternoon is dedicated to preparing detailed reports for senior management and regulatory authorities. You ensure that the findings are clearly communicated, highlighting potential risks and recommending mitigation strategies. Effective communication is essential to gain buy-in from stakeholders.
A meeting with the risk and treasury teams follows, where the stress test outcomes are used to inform decision making over the bank's overall risk management. This collaborative effort ensures a holistic approach to managing risk and informs capital planning.
Continuous improvement is a priority, so you spend some time researching industry best practices and benchmarking against peers. Feedback from internal and external audits is reviewed, and methodologies are refined to enhance accuracy and efficiency.
The day wraps up with a final check of emails and a brief team debrief. You ensure that all tasks are on track and prepares for the next day's challenges. After a productive day, it's time to head home, satisfied with the progress made in safeguarding the bank's stability.
Would you like to know more about any specific aspect of this role?
The team
The team is Financial Planning & Analysis. We are responsible for forecasting the Banks profit and loss statements, through our usual planning cycles and also in stress scenarios. We are also responsible for analysing the banks financial performance and supporting the business through partnering. Our colleagues are from different countries, but all of them are either living in the Netherlands or in Germany. With 8 colleagues currently in the team, this new position will bring it to 9, helping to strengthen our team and continue providing insightful analysis to key stakeholders across the bank.
You recognize yourself in this profile
Experience and Knowledge
- Minimum of 5 years post qualification experience
- Knowledge of IFRS (HGB also a plus)
- Good Python knowledge required
- Very good excel skills
- Knowledge of discounted financial cashflows and financial modelling
- Excellent verbal and written communications skills
- Excellent analytical and problem solving skills
- Commercially aware with ability to interact effectively and influence constructively with business colleagues
- Ability to consistently produce accurate work within tight timescales
- Fluent in English, German is desired
Qualifications
- Qualified Accountant or comparable Master’s degree
Some highlights of our benefits for you
- 13th month salary, either paid monthly or once a year in December
- 30 days PTO (or 240 hours) per year (based on fulltime employment)
- Non-contributory pension scheme
- Flexible working; you can schedule your work hours to meet your personal needs
Apply to our vacancies by sending your CV and motivation letter to stanley.waccary@lloydsbank.nl, or use the application form on our website. After receiving your application, we'll review it and share a reply as soon as possible.
After you have submitted your application, our recruiter Stanley Waccary will reach out to you to plan a short introductory chat via Teams.
Your first chat with us will take place either online or at our Amsterdam office. The goal of this chat is get to know each other, and see if there's a match with the team, the organisation and the open position.
We're excited to have you meet additional collagues. The chat will take place either online or at our Amsterdam office, during which we'll dive deeper into the requirements of the position and the team you'll be joining.
Congratulations! We're happy to have you as our newest addition to the team. Do you feel the same way? Then you'll receive our offer by email. For most roles, a screening is part of the process. This will take place after accepting the offer.
About Lloyds Bank
Lloyds Bank GmbH is part of Lloyds Banking Group, a financial institution with a large clientele in the UK and other parts of the world. Together with our office in Berlin, we form Lloyds Bank GmbH with its headquarters in Amsterdam and we have over 500 colleagues.
We aim to lead by example in the bold decisions we make as a business, from where and how we invest, to the products and services we offer, and of course the workplace we create. We will search for new ways to work with people, communities and businesses, to always evolve with their needs. And we will never stop innovating to make sustainable, ethical choices easy and rewarding.
At Lloyds Bank GmbH we play an important part in peoples’ lives, by the products we offer, and also how we operate. We finance your mortgage, keep your savings secure and also provide you with a personal loan if you need this. In Amsterdam we do this with an enthusiastic team of approximately 200 colleagues from different nationalities, and with an engagement score of 93%, colleagues find us a real ‘Great Place to Work’!
With our grand ambitions, we are looking for new colleagues who will bring fresh ideas to help us grow!
Are you ready to join our journey?
Have we made you curious, and are you ready to join the team? Please introduce yourself to us in the best way possible and send this to: stanley.waccary@lloydsbank.nl, or use the application form on our website. A screening is part of the process.
We hope to meet you soon!
Acquisition to this vacancy is not appreciated.