CASS Due Diligence Analyst

About the Role 

The role is comprised of two key elements: 

Due Diligence: This aspect of the role will support the Group Client Assets Control Office by coordinating and completing initial and annual due diligence reviews of third-party banks and and custodians.  

• Risk Open Pages: This aspect of the role will support the Control Strategy and Optimisation Team by completing data administration of information into the Risk OpenPages system as and when required, driven by requirements for updates from the onshore IP&I CCO Controls Office team and  

• broader IP&I business. 

Key Responsibilities 

•  Due Diligence Planning & Coordination  

The role holder will undertake due diligence reviews of third-party banks and custodians using Group CASS Control Office (GCCO) processes and methodologies. These reviews will be reviewed and approved by GCCO before being taken through formal LBG governance. The role holder will deliver the assessments of third parties, maintain required evidence, provide outputs to support LBG’s governance approvals, and perform ongoing monitoring of providers.  Activities include: 

• Plan the annual due diligence cycle and initiate reviews 8–10 weeks ahead of target completion.  

• Arrange stakeholder approval meetings and manage key milestones 

• Perform initial due diligence for new providers and annual periodic reviews for existing providers, in accordance with GCCO process guides.  

• Analyse provider financial strength, using (or equivalent) metrics and trend analysis:  

• Produce and maintain the required reporting outputs 

• Maintain a complete evidential audit trail including 

• Maintain ongoing monitoring throughout the year using media/news alerts or periodic internet searches. 

• Risk Open Pages: 

The role holder will: 

•  support the Control Strategy and Optimisation (CS&O) team by maintaining the Risk Open Pages system with accurate risk and control information, ensuring all commentary is easily understood and required data fields are completed. This activity will be undertaken in accordance with CS&O methodologies and in compliance with Risk framework requirements for record input and data quality 

• The role holder will engage with IP&I stakeholders to ensure risk and control information is understood and correctly reflected and provide responses to IP&I stakeholder information requests, including records held on Risk Open Pages  

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, in the office. Although the role will generally work to IST, the nature of the services provided to IP&I means that the successful candidate may be required to work outside of IST on occasion.  

What We’re Looking For 

• Strong operational execution: information gathering, structured analysis, evidence management, and audit-ready documentation.  

• Financial statement analysis (trend analysis and ratio interpretation) and ability to interpret internal/external credit indicators 

• Stakeholder management  

• High attention to detail, disciplined version control, and ability to create clear, concise summaries for governance forums. 

Desirable Attributes 

• Experience working in a regulated financial services environment (client assets, custody, payments operations, risk/controls). 

• Exposure to assurance reports, internal and third-party oversight and control frameworks.  

About working for Lloyds Technology Centre  

• Our new technology centre in Hyderabad will be home to highly skilled technology and data specialists who will be driving our transformation and delivering great outcomes for Lloyds Banking Group’s customers. Our office is situated in a sought-after location that features easy transport links and excellent facilities, all aimed at enabling you to achieve a great work-life balance. 

• Working with us means being part of our aspirational and transformative journey of redefining the fintech landscape, while building an organisation that welcomes all. We’re committed to providing an exceptional employee experience through our policies, practices, and development opportunities to support you in achieving your potential. 

• This is a once in a career opportunity to shape your future and help us make our mark in India.  Are you ready to help shape your future, as well as ours? Join us and grow with purpose. We’d love to hear from you. 

*Lloyds Technology Centre does not offer financial services in India