Senior Risk Manager, FCA Group Regulatory Affairs

End Date

Salary Range

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

Flexible Working Options

Job Description Summary

Job Description

JOB TITLE: Senior Risk Manager, FCA Group Regulatory Affairs

LOCATION(S): Edinburgh, Glasgow, Leeds, Halifax, Chester, Birmingham, Bristol, Cardiff

HOURS: Full time

WORKING PATTERN: Our work style is hybrid, which involves spending two days per week, or 40% of our time at one of our Risk Hubs.

About this opportunity

We’re on an exciting journey and there couldn’t be a better time to join us. We’re putting in place a fresh operating model for non-financial risk management across the Group, empowering our people to take end-to-end accountability for managing the risks that they face.

We’re looking for a Senior Manager to join our FCA Regulatory Affairs team. You’ll ensure successful delivery of the Group’s Regulatory Strategy, this role acts as a central point of contact for regulators, serving as conduit for identifying, escalating, and mitigating areas of regulatory risk.

You will help to inform and support Board members, Senior Executives and relevant business areas to deliver good engagement in their interactions with the FCA.

Key accountabilities:

• Represent the organisation and builds strong relationships with the FCA, delivering the Group’s Regulatory Strategy.

• Demonstrate depth to confidently provide credible advice and assurance on core compliance and regulatory obligations to support the business.

• Establishing trusted partnerships with key business areas to support the proactive management of regulatory engagements.

• Prepare briefings, MI and Reports that provide senior management and the Board with latest positions on key hot topics, as well as key messages.

• Attending senior stakeholder meetings with the regulator and produce summary insights.

• Interpreting new and existing regulations and understand their likely impact on relevant parts of the Group. Forethinking the direction of travel and anticipating the impact of the proposed changes on the Group.

• Contributing to the identification and assessment of regulatory and compliance risks.

What you’ll need:

• Good base-level knowledge of the FCA’s approach to banking supervision and an interest and inquisitiveness in the regulations applicable to the Group.

• Proven track record of strategic regulatory briefing and management or producing executive level documents.

• Has a thirst to improve, embrace new challenges and work flexibly, maintaining an understanding of emerging risks and areas of regulatory focus as they emerge and evolve.

• Has the ability to influence with impact, shaping the opinions and actions of key partners, gaining their trust and commitment to the desired outcome and demonstrates an ability to build strong partner relationships both internally and externally.

• Understands LBG’s high level business strategy and priorities. Detailed understanding of emerging regulatory, customer and industry expectations and requirements.

• Ability to communicate in all forms and to audiences at all levels both internally and externally.

And any experience of these would be really useful:

• Previous experience working with/or at the FCA/Regulator.

• Thorough understanding of the Regulatory environment and implications for LBG.

• Evidence of being an adopter of change and embracing transformation.

• Evidence of transforming ways of working

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 want our people to feel that they belong and can be their best, regardless of background, identity, or culture. 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. And it’s why we especially welcome applications from under-represented groups. We’re disability confident. So, if you’d like reasonable adjustments to be made to our recruitment processes, just let us know.

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%

• An annual bonus award, subject to Group performance

• 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

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.

At Lloyds Banking Group, we're driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you'll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you'll have many opportunities to learn, grow and develop.

We keep your data safe. So, we'll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks.  We'll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person. 

We're focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we’re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.