Lloyds Banking Group
Senior Manager - Group Cost Insights
How your CV stacks up
Upload your CV to see how well it fits this job role
?%
Senior Manager - Group Cost Insights
Senior Manager – Group Cost Insights
End Date: Monday 13 July 2026
Salary Range: £85,493 - £100,580
Lloyds Banking Group supports flexible working – [view flexible working options here].
Available Flexible Working Models:
- Hybrid Working
- Job Share
- Reduced Hours
Job Title
Senior Manager – Group Cost Insights
Salary
£85,493 - £100,580
Location(s)
Edinburgh & Bristol
Hours
Full-time
Working Pattern
Hybrid (2+ days per week / 40% time in office)
About This Opportunity
We’re a cost leadership team for Lloyds Banking Group, delivering valuable insights, cost-saving initiatives, and driving the Group’s target cost shape. We ensure the effective use of resources and language for our colleagues’ reward packages across decentralised and local operating levels.
The team of 12 colleagues is spread across Edinburgh, Bristol, and London and operates within Group Financial Planning & Analysis (FP&A)—placing you centrally within the business for broad impact. Your work directly informs strategic discussions, including those at Group Executive Committee (GEC) level.
This is a dynamic role suited for individuals with:
- Strong sense of purpose
- Diplomatic influence and senior relationship-building skills
- Passion for leading analysis and optimising costs across the Group
If you thrive in a collaborative, high-visibility environment where your insights reshape organisational decision-making, we’d love to hear from you!
Key Responsibilities
- Developing cost insights: Deeply interpret cost trends through data analysis, benchmarking, and case study comparisons.
- Strategic optimisation: Transform cost opportunities into long-term structural benefits, ensuring Lloyds remains a cost leader in Financial Services.
- Stakeholder engagement: Build and enable confidence across the Group to advocate for change, driving cost out / unit cost efficiency.
- Contract review & challenge: First-level material contract assessment before submission to the Group Cost Management Committee (GCMC).
- GCMC support: Aid governance, curate materials for Board-level negotiations to ensure decision-effective discussions.
Reasons to use Rodeo
Start with a chat, not a search bar
Grad scheme, placement, apprenticeship? Not sure what you want yet — that's fine. Your agent talks it through with you and turns "I have no idea" into a shortlist.
It searches the market for you
Every day your agent scans the market matching roles against what actually matters to you, not just keywords on a CV.
Only hits
No noise. No "maybe this fits." Just roles with a clear explanation of why they're right — and where to focus when applying.
Why Join Lloyds Banking Group?
We’re evolving—a modern organisation with reassuring tradition (320 years and counting). Investing heavily in technology, people, and inclusive cultures, we’re shaping a finance sector that customers, colleagues, and communities can rely on.
Required Background & Skills
Analytical Foundation:
- Expertise in trend analysis, data modelling, and identifying cost-saving opportunities.
- Strong technical grasp for product or P&L specialist roles (reskilling support available).
Leadership & Collaboration:
- Ability to multitask without compromising quality.
- Diplomatic influence and commercial thinking to engage across diverse teams.
- Adaptability to refine approaches based on feedback.
- Ownership for high-quality execution, often independent, with a detail-oriented mindset.
Our Commitment to Diversity & Inclusion
“We guarantee an interview to a fair and proportionate number of applicants who meet the criteria and have a disability, long-term health condition, or neurodivergent diagnosis—as part of our Disability Confident Commitment.”
Get help with your application
Your very own career expert that helps elevate your application to the next level.
We deliver inclusive workplace adjustments—flexible attendance, adaptable locations, and customisable working patterns.
Benefits Package
A blend of professional growth and lifestyle support designed to enrich your experience:
- Generous pension contribution (up to 15%).
- Annual bonus and Share Purchase Scheme (including free shares).
- Holiday entitlement: 30 days + bank holidays.
- Wellbeing support and expansive parental leave policies.
- Trait-specificDiscounts for shopping and multi-activity needs.
- Career opportunities with industry-reaching impact.
About Lloyds Banking Group
Our purpose: Helping Britain prosper. We combine scale, legacy, and talent to create meaningful, lasting impact—for people and sectors we serve.
Here, growth isn’t limited to your career—it’s amplified by systems of trust, exposure to leadership, and collaborative operational excellence.
Ready to thrive?
Your journey starts here—apply now and contribute sooner than you think.
Data Security Note: interviews upbe ensured by safe processes and clear communication during every stage of your application. We’re committed to protecting your details throughout.
Email: careers@lloydsbanking.com | Questions: internalrek@lloydsbanking.com
For more on Flexible Working Options, use the free-text search in our resources.
For further enquiries: careers@lloydsbanking.com | Explore our team’s wins and culture [here](insert link if presented).
Lloyds Banking Group employs open-minded teams—diverse cultures make large-scale strategic outcomes possible, with colleagues working across formed-for-good banks.
“It took my CV and asked me questions relevant to understanding what kind of jobs to suggest for me. Suggestions were almost perfect. Jobs were exactly what I’ve been looking for.”
Jessica, London
Skills
Location