Overview
The role involves influencing senior leaders at Group Executive Committee level to shape cost strategy and delivery across Lloyds Banking Group. You will analyse cost data, build models, champion optimisation initiatives and support decision‑making at the Group Cost Management Committee.
Responsibilities
- Develop a deep understanding of costs through data analysis, benchmarking and best‑practice case studies.
- Use insights and trends to identify cost opportunities and propose longer‑term structural changes that keep LBG a cost leader.
- Build relationships and engage colleagues to develop a narrative, gather evidence and advocate change.
- Review and challenge 4YOP submissions and cases with a strategic cost‑optimisation mindset.
- Identify and drive cost‑saving or unit‑cost efficiency initiatives, working with stakeholders across the Group.
- Review and challenge material contracts en route to the Group Cost Management Committee (GCMC).
- Support the running of GCMC meetings and produce high‑quality papers to enable effective decision making.
Qualifications
Strong analytical background with the ability to understand data relationships, conduct trend analysis, and create effective models.
Ability to coordinate multiple projects simultaneously without compromising timelines or quality.
Proactive, curious and with a growth mindset.
Commercial awareness and the ability to influence and engage across a range of partners.
Ability to adapt and course‑correct based on feedback.
A desire for responsibility and attention to detail while working independently.
Product or P&L experience is preferred.
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
- Range of well‑being initiatives and generous parental leave policies
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