Head of Data Risk Innovation, Lloyds
£116.5-137.1k
Offers an annual performance-related bonus and 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
£116.5-137.1k
Offers an annual performance-related bonus and 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
- 10+ years leading teams or functions in a complex organisation
- 5+ years in a risk or first line control function within Financial Services
- 5+ years of experience using AI, analytics or other quantitative methods to drive innovation or transform processes
- 5+ years of Strategic Decision Making, showing ability to make timely decisions, assimilate complex information, and provide relevant recommendations
- Strong knowledge and expertise on non-financial risk
- Demonstrable ability to build partnerships, and provide challenge and advice
- Evidence of coaching and leading teams through rapid change
- Strong logical and analytical reasoning
- Strong familiarity with scaled Agile
- 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
Desirable
- Experience as a data scientist or software engineer
- Experience within operational risk function within financial services
- Data privacy qualification e.g. CIPP/E
What the job involves
- The Data Risk Innovation team is a brand new function driving a transformation in how Data and Privacy risks are managed across Lloyds Banking Group, to help the Group transform safely at pace. The team will be responsible for creating automated, data-driven methodologies fit for the age of AI that underpin policy, controls, and oversight frameworks
- They will drive the replacement of manual, retrospective reviews with real-time, continuous and predictive risk monitoring powered by AI and automation, harnessing technologies such as Generative AI and Agentic AI to identify, assess, and mitigate risks dynamically. The team sits within Lloyds Banking Group’s Risk function and will partner actively with business units across the Group
- Leading the function, setting priorities and creating a strong reputation for innovation
- Applying deep knowledge of AI, data and automation to redefine policies, controls and risk processes in ways that unlock real time and predictive risk management
- Innovating approaches to risk management that unlock efficiency by integrating risk guardrails within “the work” rather than as standalone tasks and processes
- Collaborating with peers within the Risk function and across business units to drive adoption
- Ensuring close alignment to the Group’s Enterprise Wide Risk Management Framework and applicable regulatory standards
- Owning the Group’s Data, Privacy and Retention policies
Application process
- End Date: Thursday 26 March 2026
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, but it has nonetheless stood the test of time and worked to build back its public reputation in the wake of these setbacks.
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 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.
On top of this, Lloyds Bank has shown great interest in facilitating innovation in the industry, joining as a partner on "FinTech Action Labs" to bring its industry expertise to early-stage FinTechs. The company continues to enhance its online and mobile services (it is the UK's biggest mobile bank), 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)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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