Senior Manager, Group Regulatory Affairs

LLoyds Banking Group
End Date
Wednesday 05 July 2023

Salary Range
£78,634 – £92,510

We support agile working – click here for more information on agile working options.

Agile Working Options
Hybrid Working

Job Description Summary
Please see job description below.

Job Description

JOB TITLE: 098528 Senior Manager, Group Regulatory Affairs

SALARY: £78,634 – £108,310 (dependant upon location)

LOCATION(S): Birmingham, Bristol, Edinburgh, Halifax, Leeds and London

HOURS: Full-time

WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time, at one of our office sites

Are you passionate about regulatory risk and playing a key role in managing the Group s relationship with the PRA? Are you keen to support the Group s Executives and Non-Executive Director s in their interactions with the regulators? We re looking for a Senior Manager to help inform and support senior executives and relevant business areas to achieve the best possible outcomes in their interactions with the PRA.

If you love a challenge, have a thirst to improve, embrace new challenges and are passionate about driving genuine behavioural change then this is the role for you.

About this opportunity

Conduct, Compliance and Operational Risk (CCOR) provides independent assurance to the Board and GEC, that the control framework is effective, and that the Group takes reasonable steps to follow its regulatory obligations.

What you ll be doing:

• Work alongside the Head of GRA and the rest of the team to drive the Group s ambitions around Regulatory Engagement. Manage the day-to-day relationship with the PRA in specified topic/business areas of responsibility.
• Support senior Group executives and Board members to achieve the best possible outcomes in their interactions with the PRA. Prepare briefings, MI and reports that provide senior management and the Board with latest positions on regulatory topics and insight about the approach/views of our supervisors.
• Assist driving the transformation of Regulatory Affairs, seeking opportunities to automate activities and enhance products delivered.
• Act as a trusted adviser for business contacts to ensure regulatory interactions are successful.
• Learn from internal and external sources to evolve LBG s engagement to meet regulatory expectations.
• Influence business decision-making by providing insight, control and thought leadership.

We re on an exciting journey to transform our Group and the way we re shaping finance for good. We re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone. Including you.

What you ll need

• Previous experience working with/or at the PRA or FCA.
• Knowledge and understanding of the prudential regulations applicable to the Group.
• Experience and knowledge of operational risk and operational resilience and the PRA s requirements in these areas (SS1/21).
• Strong ability to communicate in all forms and to audiences at all levels both internally and externally.
• Experience of producing high quality written content in the form of board / GEC-1 papers and briefings.
• Evidence of being an adopter of change and embracing transformation.

And any experience of these would be really useful

• Proven track record to provide effective thought leadership and intellectual curiosity to produce insightful, high-quality briefings, contact reports, advice and guidance to support senior partner needs.
• Passion for operational and compliance risk and a good understanding of the UK regulatory environment.
• Desire and capability to understand the Group s key risks and appreciation of the regulator s likely approach to assessing these risks.

About working for us

Our focus is to ensure we’re inclusive every day, building an organisation that reflects modern society and celebrates diversity in all its forms. We want our people to feel that they belong and can be their best, regardless of background, identity or culture. We were one of the first major organisations to set goals on diversity in senior roles, create a menopause health package, and a dedicated Working with Cancer initiative. And it s why we especially welcome applications from under-represented groups. We re disability confident. So if you d like reasonable adjustments to be made to our recruitment processes, just let us know

We also offer a wide-ranging benefits package, which includes:

• A generous pension contribution of up to 15%

• An annual performance-related bonus

• Share schemes including free shares

• Benefits you can adapt to your lifestyle, such as discounted shopping

• 30 days holiday, with bank holidays on top

• A range of wellbeing initiatives and generous parental leave policies

If you re excited by the thought of becoming part of our team, get in touch. We d love to hear from you.

At Lloyds Banking Group, we’re driven by a clear purpose; to help Britain prosper. Across the Group, our colleagues are focused on making a difference to customers, businesses and communities. With us you’ll have a key role to play in shaping the financial services of the future, whilst the scale and reach of our Group means you’ll have many opportunities to learn, grow and develop.

We keep your data safe. So, we’ll only ever ask you to provide confidential or sensitive information once you have formally been invited along to an interview or accepted a verbal offer to join us which is when we run our background checks. We’ll always explain what we need and why, with any request coming from a trusted Lloyds Banking Group person.

We’re focused on creating a values-led culture and are committed to building a workforce which reflects the diversity of the customers and communities we serve. Together we re building a truly inclusive workplace where all of our colleagues have the opportunity to make a real difference.