Compliance Risk Specialist

Lloyds Banking Group; Birmingham; On-site; GBP 65,000 - 80,000; Full time

Job summary

A leading financial institution is seeking a Compliance Risk Specialist to oversee regulatory compliance and provide guidance within a hybrid working environment. The ideal candidate will have experience in compliance within financial institutions and strong analytical and communication skills. This role offers competitive compensation and benefits, including a generous pension contribution and 30 days' holiday.

Benefits

Generous pension contribution up to 15%

Annual performance-related bonus

Share schemes including free shares

Wellbeing initiatives

30 days’ holiday plus bank holidays

Qualifications

• Experience in the compliance function of a financial institution/bank.
• Ability to interpret and apply regulatory frameworks.
• Excellent written and oral communication skills.

Responsibilities

• Perform oversight of the effective functioning of the regulatory compliance policy.
• Identify regulatory changes and oversee regulatory traceability.
• Oversight of business’ assurance plans and activities.

Skills

Experience in the compliance function of a financial institution/bank

Ability to interpret and apply regulatory frameworks

Analytical thinking and judgment

Excellent written and oral communication skills

Problem-solving and strategic thinking skills

Tools

Data analytics

Job description

Overview

JOB TITLE: Compliance Risk Specialist

End Date: Wednesday 12 November 2025

Salary Range: £65,385 - £79,915

Location(s): Leeds, Birmingham

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

We support flexible working – click here for more information on flexible working options

Flexible Working Options: Job Share

What this role is

Join a team where your insights and actions will directly shape how the UK’s largest retail bank drives regulatory compliance excellence.

Job Description

About this opportunity

Within the Risk function are a number of sub-functions, one of those being Compliance, Conduct & Operational Risk (“CCOR”). Within CCOR there are a number of teams – this role is in one of those teams.

The team has a range of responsibilities, all focused around establishing and overseeing the tools and programs for the Group to comply with rules and regulations and evidence that compliance. Specifically, the successful candidate will be joining a sub-team of three who are the subject matter experts for a number of regulatory activities and risks including: Regulatory Authorisations, Permissions and Waivers; Non-Financial Regulatory and Statutory Reporting; CASS; Political Engagement; and Cross Border Activity.

Day to day, you will:

• Perform oversight of the effective functioning of the regulatory compliance policy, incl. the embedding of control standards and functioning of core processes.

• Thematic reviews and deep dives for regulatory compliance risks for specific areas of concern.

• Identify regulatory changes and oversee regulatory traceability through policies. Communicate such regulatory changes and support business in impact assessment and capability development as required.

• Oversight of business’ assurance plans and activities, including control testing, RCSAs, etc.

• Advice and support around embedding and operating Compliance practices, including guidance on tools / systems where relevant.

• Assist in maintenance of regulatory compliance policy and associated standards, and coordinate embedding these across the Group.

• Oversight of the delivery of action and remediation plans against specified issues; including advice/guidance or hands-on roles in case of regulatory action or breach remediation.

• Data analytics to identify potential risks, trends and themes to prevent regulatory compliance risk materialising. Share findings with the business and other risk specialists to enable ongoing improvement to the risk and control environment.

• Participate in business and functional governance forums where required, providing review and challenge, and escalating any issues where required.

What you’ll need

• Experience in the compliance function of a financial institution/bank

• Ability to interpret and apply regulatory frameworks – specifically providing advice and guidance on FCA SYSC and SUP

• Analytical thinking and judgment – specifically performing high-quality insightful oversight.

• Communication and Interpersonal effectiveness – specifically building strong, productive working relationships with stakeholders

• Teamwork and cooperation: Working collaboratively with others

• Problem-solving and strategic thinking skills – specifically helping the business to identify the right solutions

• Excellent written and oral communication skills

Nice to have

• Understanding of risk frameworks

• Data analytical experience

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

Benefits

• 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.

About 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.

Data and recruitment privacy

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.

Our values and culture

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.