Compliance Officer - Global Markets Compliance Advisory

Lloyds Banking Group; Greater London; Hybrid; GBP 70,000 - 110,000; Full time

Benefits offered by this job

Pension up to 15%

Annual bonus

Share schemes

Discounted shopping

30 days holiday

Wellbeing & parental leave

Job summary

Lloyds Banking Group is seeking a Compliance Officer for Global Markets Compliance Advisory in London. The role is hybrid, requiring two days per week on-site on the Markets trading floor, with exposure to commodities, front office and senior stakeholders.

You will interpret regulatory obligations, advise on market standards, support new products, and help manage regulatory risks across the business. A strong governance and conduct framework is expected in this market-focused role.

Qualifications

• Experience advising commodities markets or GM businesses with commodities knowledge.
• Strong regulatory judgment and ability to apply rules to business activity.
• Proven ability to provide credible advice to front office and senior stakeholders.

Responsibilities

• Provide day-to-day Compliance Advisory for Commodities, advising on regulatory and transactional matters.
• Interpret and apply FCA rules, MiFID II, MAR, EMIR and industry standards.
• Support new products, business initiatives and strategic change programmes with regulatory risk assessment.
• Provide timely guidance on regulatory developments and emerging risks to stakeholders.

Skills

Regulatory advisory

Stakeholder management

FCA MiFID II MAR EMIR knowledge

Job description

JOB TITLE: Compliance Officer - Global Markets Compliance Advisory

Location: London

HOURS: Full-time

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

An exciting opportunity has arisen to join the Conduct, Compliance and Operational Risk (CCOR) team supporting Lloyds Bank Commercial Markets at a time of significant business, regulatory and technological change.

About this Opportunity

As part of the Global Markets (GM) Compliance Advisory team, you will provide risk-based regulatory advice, oversight and constructive challenge across a broad range of Markets activities, with a particular focus on the Commodities business. Working closely with front office, control functions and senior management, you will help the business manage conduct and compliance risks, support strategic initiatives and deliver positive client and market outcomes.

The role offers exposure to a diverse range of products, business initiatives and regulatory developments. You will advise on the interpretation and application of relevant regulatory obligations, market standards and industry codes, whilst supporting the assessment of new products, business change programmes and emerging risks. This is a London-based role located on the Markets trading floor.

As Lloyds Banking Group delivers its Accelerate 2030 strategy, Financial Markets Compliance Advisory plays a critical role in enabling sustainable business growth while maintaining high standards of conduct, governance and regulatory compliance. This role offers an excellent opportunity to deepen your markets expertise, work closely with senior stakeholders and contribute to the safe and responsible delivery of the Group's strategic ambitions.

What you will be doing:

Reporting to a senior member of GM Compliance Advisory, the position will involve:

• Providing day-to-day Compliance Advisory support to the Commodities business, advising on regulatory, conduct and transactional matters arising from business activities.
• Providing advice on applicable regulatory requirements and market standards, including FCA rules, MiFID II, MAR, EMIR, trading venue obligations, Swap Dealer requirements and relevant industry standards (including FMSB, GFXC and Precious Metals Code where applicable).
• Supporting new products, business initiatives and strategic change programmes, ensuring regulatory risks are appropriately identified and managed.
• Monitoring and assessing regulatory developments and emerging risks, providing timely guidance and briefings to stakeholders and senior management.
• Partnering with colleagues across CCOR, including Surveillance, Control Room and Compliance Monitoring, to ensure effective coverage and escalation of compliance risks.
• Supporting internal and external regulatory enquiries, thematic reviews and assurance activities.
• Delivering compliance training and promoting a strong culture of conduct, integrity and good market practice across the business.

Why join us?

We're transforming at pace. Investing billions in our people, data and tech to change the way we meet the needs of our 28 million customers. We're growing, and we'd love you to be part of the journey.

Key Requirements:

• Compliance Advisory experience supporting commodities markets, or significant experience within broader GM businesses with some demonstrable commodities knowledge.
• Knowledge of wholesale market regulation, including FCA requirements, MiFID II, MAR, EMIR, trading venue rules, Swap Dealer obligations and Industry standards and codes, including FMSB Market Practice Standards, the Global FX Code and the London Precious Metals Code (where applicable).
• Proven ability to provide credible advice, challenge and oversight to front-office businesses and senior stakeholders.
• Strong stakeholder management skills, with experience influencing and partnering with senior business leaders.
• Sound regulatory judgement and the ability to apply complex regulatory requirements to commercial activities and strategic initiatives.
• An independent and proactive approach, with the ability to identify emerging risks and drive effective outcomes.
• Experience advising Commodities businesses is preferred; experience covering FX and/or Rates markets would also be advantageous.

We know that great talent comes from many backgrounds. 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.

This is a place for you

Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we're committed to creating an environment in which everyone can thrive, learn and develop.

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!