Group Head of Control Room, Lloyds
Conduct & Compliance Risk
£134.6-158.3k
+ Share schemes including free shares
2 days a week in office
Retail and commercial bank
Be an early applicant
Retail and commercial bank
1001+ employees
Be an early applicant
£134.6-158.3k
+ Share schemes including free shares
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
- We’re looking for a leader in Compliance for our Group Control Room function to support with the adherence with all core regulatory requirements for Market Abuse, Conflicts of Interest (Personal and Transactional), Wall Crossing and other core control room related activities
- Not only will you bring significant compliance experience, but you'll need to be innovative and transformational who loves proactively working with business executives and wider Compliance experts to develop new opportunities to better meet customers’ needs!
- A deep operational expertise and a technical expert in relation to a Conduct & Compliance Control Room function including but not limited to Corporate and Investment Banking businesses
- Considered a deep subject matter authority on compliance internally and externally, with a strong understanding of the latest Compliance frameworks and technology being used across financial and Non-Financial services
- Proficient in the knowledge of applicable laws, regulations, industry standards, and established technical conventions
- Able to make good and timely decisions that keep the organisation moving forward, skilfully balancing difficult trade-offs to understand and assimilate different sources of data and sophisticated information
- Acted as a business partner, building partnerships and working collaboratively with others, with the ability to support leadership and risk owners make risk-based decisions consistent with risk appetite
- Able to demonstrate depth to expertly provide challenge and advice to the business and other key partners
- Excellent leadership skills with evidence of coaching to go faster by demonstrating dedication to create an environment that builds teams with skills aligned to our Group Strategy and Purpose
What the job involves
- Strategically leading the delivery of a Group Control Room Function, ensuring the effective management, coordination and execution of all control room activities
- Building positive relationships with external partners, in particular regulators, industry peers and other governing bodies
- Building an appropriate Target Operating Model for the function
- Identifying, mitigating and escalating Conduct & Compliance risks
- Responsible for the oversight and management of actions and recommendations assigned to the Control Room
- Owning, crafting and implementing Conduct & Compliance Risk policies and appetite, including tolerances and thresholds. Lead and facilitate your understanding and adherence throughout the organisation, including ongoing management and continuous monitoring
- Leading on the creation and ongoing development of Group guardrails for Conduct & Compliance Risk acceptance and mitigation. Supporting leadership to make risk-based decisions in line with risk appetite
- Interpreting new and existing regulations accurately and adeptly. Forethinking the direction of travel and anticipating the impact of the proposed changes on the Group
Application process
- End Date: April 16, 2025
Salary benchmarks
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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