Lloyds Banking Group • City of London, London EC2V 7HN

Senior Risk Manager, PRA Group Regulatory Affairs

About this role

JOB TITLE

SALARY

£100,105 - £129,547

LOCATION(S)

London

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 handling the risks that they face.

We're looking for a Senior Risk Manager to join our PRA 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.

The Senior Risk Manager will play a key role in support regulatory engagement across the following parts of the

Groups

Chief Credit Officer, Chief Operating Officer and Ring Fence Bank Officer.

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

Key accountabilities

Represent the organisation and builds strong relationships with the PRA, 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 collaborator 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.

Why join us?

We're transforming at pace. Investing billions in our people, data and tech to change the way we meet the needs of our 28 million customers. We're growing, and we'd love you to be part of the journey.

What you'll need

Good base-level knowledge of the PRA'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 PRA/Regulator.

Thorough understanding of the Regulatory environment and implications for LBG.

Evidence of being an adopter of change and adopting transformation.

Evidence of transforming ways of working

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

This is a place for you

We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.

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

Ready to make an impact? Apply today!

Proud member of the Disability Confident employer scheme

Disability Confident

About Disability Confident

A Disability Confident employer will generally offer an interview to any applicant that declares they have a disability and meets the minimum criteria for the job as defined by the employer. It is important to note that in certain recruitment situations such as high-volume, seasonal and high-peak times, the employer may wish to limit the overall numbers of interviews offered to both disabled people and non-disabled people. For more details please go to Disability Confident.