Risk & Control Manager, Lloyds
12 month Fixed-Term Contract, Lloyds Living
+ Annual performance-related bonus
2 days a week in office
Retail and commercial bank
Be an early applicant
Retail and commercial bank
1001+ employees
Be an early applicant
+ Annual performance-related bonus
2 days a week in office
1001+ employees
Company mission
To support families and businesses, helping them to take the next step, whatever that may be.
Role
Who you are
- A comprehensive understanding of all aspects of the Group’s Enterprise Risk Management Framework, and experience of working in a control environment or business risk function managing multiple risks
- Proactive self-starter - eager to learn, with the ability to self-organise/deliver independently and operate under your own initiative to anticipate, manage and resolve multiple priorities
- Experience partnering with Finance teams and/or managing technology risks preferred but is not essential
- Comfortable and adaptable in an evolving business as it grows and matures
- A growth mindset and a willingness to try new ways of doing things; ‘We’re bold’ in Lloyds Living
- The ability and skill to interpret and apply knowledge of laws, regulations and policies in area of expertise
- An ability to manage a range of internal and external stakeholders, including senior company executives, through excellent written and verbal communication skills
What the job involves
- Reports To: Senior Manager
- As a Risk & Control Manager and a member of the Business Risk team, you’ll help provide first line risk support
- Acting as a trusted partner across all primary and secondary risk types, you’ll help ensure the business operates within its risk appetite
- You’ll strengthen risk culture, facilitate risk identification and analysis, offer advice with risk remediation and critical issues, as well as improve risk reporting
- If you enjoy variety – this is the role for you
- We're keen to hear from colleagues who have worked in first line risk roles or who have experience of providing risk advice and oversight, particularly where you’ve helped implement control frameworks
- Act as a risk champion and source of professional risk expertise to the business on the LBG Risk Management Framework – driving a positive, continuous risk and control culture across the business through embedding the Groups Risk Management Framework
- Provide risk oversight across the residential property portfolio, including PRS, Shared Ownership/Pathways schemes, with a focus on Legal and Regulatory compliance, data and customer conduct
- Interpret and help the business apply the Group Policy Framework, write Lloyds Living specific procedures, monitor on-going compliance, request exceptions and report breaches where applicable
- Help build an effective control environment and both perform, and support the business to perform, control assessments and testing in line with the One Risk and Control Self-Assessment Process
- Ensure Lloyds Living complies with relevant regulation and legislation, and identify, impact assess and implement regulatory/legislative change in conjunction with the business
- Uncover emerging issues and/or needs and identify potential causes, related issues, key stakeholders and barriers
- Provide day to day guidance to the business including acting as a subject matter expert to projects and working groups
Application process
- End Date: December 26, 2025
Our take
Lloyds Bank, part of Lloyds Banking Group, began operations back in 1765 and is nowadays one of the UK’s leading retail and commercial banks. As with many leading banks, the company has dealt with its share of controversy – including for its handling of PPI complaints in 2015, and the 2009 European Commission ruling that forced it to part ways with TSB – but it has nonetheless stood the test of time and worked to build back its public reputation in the wake of these setbacks.
Of the company’s 26 million customers, over 18 million of them are online, making it the largest UK digital bank. As part of its ongoing digital transformation, the company is seeking to put the cloud at the front of its services and systems, and has cited intentions to invest heavily in overhauling its current technology infrastructure. All this seeks to serve the modern banking customer, and to compete with the fast-increasing number of alternative banking options appearing on the market.
Recently, Lloyds Bank has shown great interest in facilitating innovation in the industry, joining as a partner on FinTech Action Labs (a FinTech accelerator programme) to bring its industry expertise to early-stage FinTechs. As well as investment in digital transformation and AI, the company is enhancing its wealth product and corporate banking offerings, as well as expanding its partnerships with digital banking companies.
Steph
Company Specialist at Welcome to the Jungle
Insights
-1% employee growth in 12 months
Company
Company benefits
- Flex cash: This is 4% of your basic salary and can be used to spend on the benefits of your choice, or you can choose to take it as a cash top up in your monthly salary.
- A generous holiday allowance: You’ll be eligible for a minimum of 22 days holiday (excluding bank holidays), rising to 30 days based on length of service and grade.
- A flexible way of working: Whether you want flexibility over your location or when you log on, together we can create an approach that works for you and for the business.
- Family leave: Up to 63 weeks of maternity or adoption leave. Statutory maternity or adoption pay is available for 39 weeks, and 20 weeks will be enhanced to the equivalent of full pay. Partners can have six weeks of fully paid paternity leave.
- Health insurance: Our company funded Private Medical Benefit provides all colleagues with access to good quality medical care, including accommodation, nursing care and specialist advice.
- Colleague Offers: Get discounts on everything from electrical items to cinema tickets and weekly food shopping. You can share this benefit with up to ten family members or friends.
- Financial products: Take advantage of our great financial products, some at a discounted rate, including current accounts, home and car insurance and loans.
- Share plans: Participate in Sharematch and receive matching shares of up to £45 a month from the company, and you can choose to participate in Sharesave, our combined savings and share option plan.
- Pension: We offer a generous pension plan, with all joiners being automatically enrolled in our 'Your Tomorrow' scheme. You can decide how much you save and get a say in where your contributions are invested.
Company HQ
City of London, London, UK
Leadership
Charlie Nunn
(Group Chief Executive, not founder)Spent nine years at HSBC, including as Group Head of Wealth Management and Digital, and as CEO of Wealth and Personal Banking.
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