Compliance Risk Specialist

Lloyds Banking Group

Leeds

Hybrid

GBP 40,000 - 50,000

Full time

14 days+

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Benefits offered by this job

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

30 days' holiday with bank holidays

Wellbeing initiatives and generous parental leave policies

Job summary

A leading financial institution in the UK is seeking a Compliance Risk Specialist to oversee regulatory compliance and support the business in identifying risks. The ideal candidate should have experience in compliance within financial services and strong analytical and communication skills. This full-time position offers a hybrid working pattern and an attractive benefits package, including a generous pension and performance-related bonuses.

Qualifications

Experience in regulatory compliance within a financial institution.
Ability to communicate complex regulatory advice effectively.
Strong analytical abilities to assess compliance risks.

Responsibilities

Perform oversight of compliance policy and core processes.
Conduct thematic reviews for regulatory compliance risks.
Advise on embedding compliance practices across the Group.

Skills

Experience in the compliance function of a financial institution/bank

Ability to interpret and apply regulatory frameworks

Analytical thinking and judgment

Communication and interpersonal effectiveness

Teamwork and cooperation

Problem-solving and strategic thinking skills

Excellent written and oral communication skills

Job description

Join to apply for the Compliance Risk Specialist role at Lloyds Banking Group

This range is provided by Lloyds Banking Group. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more.

Base pay range

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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.

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, one of those being Central Compliance. Within Central Compliance there are five 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
Cross Border Activity

Day to day, you will:

Perform oversight of the effective functioning of the regulatory compliance policy, including embedding of control standards and functioning of core processes.
Conduct 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 the business in impact assessment and capability development as required.
Oversee business assurance plans and activities, including control testing, RCSAs, etc.
Advise 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.
Oversee 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.
Use 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.

Why Lloyds Banking Group

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:

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

And any experience of these would be really useful:

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.

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