At Lloyds Banking Group, we're motivated by a clear purpose - to Help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities.
Insurance, Pensions & Investment (IP&I) Customer & Business Risk (C&BR) - The Business Risk, Investments and Climate Team are a first line risk team with C&BR and are looking to recruit a Senior Risk Manager who will work as a trusted partner supporting IP&I to deliver against collective priorities while improving the risk and control environment through specialist knowledge and capabilities. C&BR has specialists in different aspects of risk including investment, operational, financial crime, regulatory and business risks.
The purpose of this role is to support senior management and Heads of Function across the IP&I Investment teams to identify and mitigate risks arising within business processes and change projects. The jobholder will also drive the operational risk capital setting process across IP&I coordinating scenario workshops and liaising with Risk and Finance teams. The job holder will provide thought leadership, knowledge, analytical skills, stakeholder management capability, and self-confidence to challenge existing processes and to make well researched and soundly judged recommendations for improvement in relation to investment activities and operational risk capital.
As Senior Risk Manager, you'll candidate will be responsible for driving activity to support a range of risk management processes and systems including continuous risk management of a business areas risk and control profile, interpreting a range of data, managing the efficient and effective production of high-quality analysis, and anticipating partner needs.
Additional info
We accept, celebrate and support diversity. As an equal opportunity employer, success is based solely on a person's merit and qualifications directly related to professional competence. We do not discriminate against any colleague or applicant because of race, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, marital status, pregnancy, or related condition.
Location and Ways of Working We're flexible on location for this role, therefore we can accommodate you being based in Edinburgh, Leeds, Bristol or London. We work in a hybrid model, splitting our time between the office and working from home.
The role is available part-time, job share or full-time. We recognise that to attract the best people we need to be flexible and therefore we encourage applications from people who may require flexible working arrangements.
Here's what you'd be getting involved with
Aligned to Accountable Executives (AE) for Investments and also C&BR for operational risk capital.
Provide thought leadership on operational risk capital and coordinate capital setting process across IP&I including running scenario workshops
Drive activity to understand and maintain the risk and control profile. Ensuring current and emerging key risks are understood and mitigating actions are in place and driven to completion.
Ensure the Balance Score Card Metric of 100% of risks reach an Embedded status on RCSA.
Attend senior leadership meetings and provide practical insight in relation to risks and controls
Shape, influence and embed a strong proactive risk management culture, based on thematic reviews and identification of areas of weakness in the risk landscape, driving forward control environment improvements to existing business practices.
Contribute to high quality, timely updates to Risk Committee on key themes, trends and horizon risks to support a range of risk management processes and decision making.
Build relationships across the 2nd and 3rd Lines of Defence to identify, share and implement standard methodologies across the organisation.
Drive continuous improvements to our internal team processes to ensure they are designed to better adopt ways of working and deliver incrementally at pace.
Collaborate with workstream leads to ensure consideration and standardisation in the identification, management and treatment of risks and controls. Develop a culture of risk and \"control by design\".
Supporting third-party suppliers associated to the end-to-end journey and attending Risk Governance Committees.
About you
Bring your passion for our values of putting customers first, keeping it simple, and making a difference together.
Have a desire of seeking out problems and challenging the norm with innovative ideas.
You'll have ability to derive value from risk management, risk decisions, and to drive continuous improvement.
Knowledge and experience of the operational and regulatory complexities impacting the business, from strategic, operational and change perspectives.
A capable communicator: confident in engaging across a wide range of team members to support review work and be effective in dealing with team members up to Director level.
Comfortable operating in an ambiguous and constantly evolving environment.
And the skills/background you'd possess
Significant subject matter expertise in Insurance, Investments, associated regulations and operational risk capital.
You must be a strong confident leader, who clearly demonstrates drive, energy, dedication and integrity, and with a track record of delivery on \"Hows\".
You'll need to be an experienced Risk professional, with experience in Risk Management in a similarly complex, constantly evolving, regulated environment.
Strong product, operational and change experience is essential General Insurance & Protection and Chief Operating Office.
Ability to build and maintain a relationship with key executive partners.
Strong influencing, negotiating, team management and coaching skills.
Understanding of regulatory framework and compliance requirements for insurance firms.
Experience in making use of available data to make good decisions, and providing subjective insightful views backed by appropriate data in simple ways, is also crucial.
So, what can we offer you in return?
In return for your expertise, your ongoing personal and professional development will be supported. Here, you'll grow as a person and develop your career.
As well as a competitive salary, you'll receive:
A Discretionary Performance Share Award
Generous pension contribution
30 Days leave plus bank holidays
A flexible cash pot (4% of base salary) to spend on benefits
Private health cover
Access to Share Schemes
Please note the salary range for this role is: GBP67,896 - GBP127,305. Salary offered will be depending on skills & experience you can bring to this role.
We're an equal opportunity employer and deeply value diversity within our organisation. We'll ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
So, be a key part of a team where you're given the confidence to be your whole and best self as we journey to lead the industry sector and apply today.
Together we make it possible.