Technology Risk Consultant, Lloyds
£65.4-72.7k
+ Annual performance-related bonus and share schemes including free shares
2+ days a week in office
Retail and commercial bank
Job no longer available
Retail and commercial bank
1001+ employees
Job no longer available
£65.4-72.7k
+ 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
- We’re looking for capable, articulate, and motivated individuals with:
- Deep operational expertise aligned to IT systems risk across a financial services group
- Detailed knowledge of key technology risks facing financial services, with proven ability to assess and manage risk, set policy, design controls, provide assurance, and balance risk and reward
- Practical expertise in one or more of the following:
- Designing, developing, and securing mobile applications across platforms, with a strong grasp of mobile-specific failure modes and app store compliance
- Understanding the design and resilience of distributed network infrastructures, including traffic routing, fault tolerance, redundancy, and failover strategies
- Applied knowledge across technology asset lifecycle management, configuration and build management, service management (capacity, change, problem, incident), architecture and design (including cloud services), engineering and application development (including DevOps), resilience, networking, shared responsibility models, storage, databases, operating systems, virtualisation, containerisation, and mobile
- Curiosity and understanding of emerging technologies shaping the risk landscape (AI, Digital Ledger Technology, Quantum)
- Deep subject matter expertise in operational risk frameworks and technologies used across financial and non-financial services
- Strong understanding of laws, regulations, industry standards, and technical practices. Experience developing and owning group-level policy, setting risk appetite, and monitoring group exposure
- Ability to set control objectives and performance indicators
- Timely decision-making that balances trade-offs and aligns with business strategy
- Experience assimilating complex data to solve problems and make relevant recommendations
- Ability to interpret new regulation, emerging risks, and tech innovations with foresight
- Experience as a Risk Specialist business partner, collaborating with Risk Owners, Control Owners, and Control Offices
- Understanding of the roles across all lines of defence and ability to act as the primary Operational Risk expert
- Experience building effective, data-led Operational Risk control objectives, including with external regulators
- Future-focused mindset with a clear line of sight to Group Strategy
- Ability to inspire and coach others, fostering inclusive collaboration and building teams aligned to our Group Strategy and Purpose
What the job involves
- We are transforming the way we deliver and run our technology here at Lloyds Banking Group! We’re developing creative solutions, adopting cutting-edge technologies and moving fast to better serve our customers
- We want to do all of this safely, to make sure our systems are there when our customers need them. So our new technology has to be highly resilient, available and responsive. It has to be able to recover quickly when things go wrong. We have to understand any weak points, and make sure we can fix them
- To do all this we need to manage risk better
- We want to make sure technology risk is described in the right way, owned by the right people and gets fed into the right decision-making forums. We don’t want risk to be a set of processes, we want to bring to life the pros and cons of tech decision-making, and allow senior leaders to really understand the impact of tech risk to their customers
- We want to use operational data to tell us how we’re managing risk in real-time, and whether our exposure is going up or down
- And we want to make sure the exciting new tech we are adopting has technical guardrails in place to make it easy for engineers to do the right thing, and hard to do the wrong thing
Application process
- End Date: Thursday 01 January 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 – 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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