Head of Fx

End Date

Saturday 01 March 2025

Salary Range

£0 - £0

We support flexible working - click here for more information on flexible working options

Flexible Working Options

Job Share, Unable to Offer Agile Options

Job Description Summary


Job Description

JOB TITLE: Head of FX Trading
LOCATIONS: London

Salary: Competitive Package
HOURS: Full Time

About this opportunity

Lloyds Banking Group is seeking an outstanding Head of FX to optimise the value from the FX propositions across our Group. You'll be responsible for the FX product within our Markets business as well as leading the pan-LBG FX strategy through collaboration with partners across the Group.

This role will report to the Head of Financial Markets within Lloyds Bank Corporate Markets (LBCM) based in London 33 Old Broad Street.

Responsibilities include:

- Lead all aspects of the FX product within the Financial Markets business ensuring flawless execution to deliver growth objectives
- Lead a team of highly skilled traders, encouraging a collaborative and inclusive work environment, and embracing innovation.
- Ensure pricing and risk management in accordance with industry standards and regulatory requirements.
- Build and maintain relationships, both within the organisation and externally, to figure out the best approaches to evolve the FX proposition.
- Track and analyse market trends finding opportunities and mitigating risks
- Provide input to the establishment and maintenance of a risk management framework and ensures its implementation within area of responsibility encompassing principles, policies, methodologies, systems, internal controls including adequate and appropriate oversight of trading activities and effective trading controls, processes, procedures and people in line with risk appetite
- Lead the overall FX strategy within LBG in collaboration with the other divisions to deliver ambitious growth for the Group.
- Drive coherent Group-wide investment decisions across our FX propositions encompassing market making and client trading, transactional FX for payments, and overseas transactions & international payments.
- Deliver clear and actionable insights on FX performance to senior management to craft the future of FX within LBG.

About us

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:

- Proven experience and a deep understanding of global FX markets.
- Outstanding leadership skills with a track record of building and managing high-performing teams.
- Excellent communication and interpersonal skills, with dedication to influence and collaborate across all levels of the organisation.
- A strategic and strongly analytical approach with the ability to think critically and make data-driven decisions.

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 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.

As a certified colleague your details will be published on the FCA’s Financial Services Register

This role has been identified as a Client-dealing function under SYSC 27.8.18R as defined in the FCA Handbook

The Person (“P”) performs the client-dealing FCA certification function for a firm if:(1) P is carrying out any of the activities in the table in SYSC 27.8.19R; and(2) those activities will involve P dealing with:(a) a person with or for whom those activities are carried out; or(b) the property of any such person;in a manner sub