Head of Financial Markets Conduct Compliance

Lloyds Banking Group; Camden Town; On-site; GBP 125,000 - 150,000; Full time

Job summary

A leading financial services firm is seeking a Head of Financial Markets Conduct & Compliance to lead compliance risk management policies. You'll manage a team and support various business areas, ensuring adherence to regulatory requirements. The ideal candidate will have over 10 years of experience in compliance advisory within the financial sector, with strong technical knowledge in relevant regulations and exceptional leadership skills.

Benefits

Generous pension contribution of up to 15%

Annual performance-related bonus

Share schemes including free shares

Adaptable lifestyle benefits

30 days holiday

Qualifications

• 10+ years in the Financial Industry, focusing on Compliance Advisory.
• Strong record as a technical expert in compliance rules and regulations.
• Ability to support leadership in risk-based decision making.

Responsibilities

• Lead a team of Compliance officers across various business areas.
• Manage conduct and compliance relationships with senior partners.
• Design and implement Conduct & Compliance Risk policies.

Skills

Team leadership

Compliance advisory expertise

Technical knowledge in Rates, FX, and Commodities Compliance

Influencing skills

Strategic decision making

Job description

Overview

As Head of Financial Markets Conduct & Compliance, reporting to the Director of CIB & BCB Conduct and Compliance, you'll lead on the approach and implementation of compliance risk management policies, risk appetite, and control objectives to enable the delivery of client, regulatory and business strategic outcomes across three key business areas:

• The Financial Markets businesses within Lloyds Bank Corporate Markets
• The Group Treasury functions
• The Business Commercial Banking, "BCB", Traded Markets business

We're on an exciting journey and there couldn't be a better time to join us. We've put in place a fresh operating model for Non-Financial risk management across the Group, empowering our people to take end-to-end accountability for managing the risks that they face.

Responsibilities

• Day to day, you will lead a team of nine Compliance officers supporting the three business areas.
• Manage the Conduct and Compliance relationships with senior Business Partners, Product Risk and Control owner teams to help deliver commercial compliance advice to support client, business and strategic outcomes.
• Provide compliance advice and oversight on the application of Group Compliance policies and procedures across the businesses. This will include:
  • FCA COB, MAR, SYSC and SUP Handbook rules
  • New products and service approvals
  • Trading Venue rules and operational requirements
  • FMSB Practice Standards and the Global FX Code
  • Electronic Trading rules
  • Trade supervision and authorised trading control standards
  • Post trade compliance trade and transaction reporting
  • Ongoing oversight of the LBG Swap Dealer Compliance programme
• Participate in entity governance forums and committees and deliver high quality compliance reporting to various governance bodies.
• Lead the design and implementation of Conduct & Compliance Risk policies (e.g. Market Conduct) and risk appetite, including tolerances and thresholds.
• Provide Technical Market Abuse SME support on the investigation of Surveillance alerts and technical advisory input on Compliance Reviews led by the Compliance Monitoring and Testing Team.
• Delivery of high quality Compliance Induction Training for new joiners and annual refresher training for colleagues.
• Supervise the interpretation of new and existing regulations, highlighting the direction of travel and anticipating the impact of the proposed changes across the whole Group as part of Horizon Scanning Programme.
• Ad hoc project support on Compliance Projects, Business Transformation etc.
• Act as one of the Group's specialist Conduct & Compliance Risk leaders, lead and represent the organisation, building strong relationships with external partners, in particular regulators and other governing bodies.
• Leadership - Excellent team leadership skills with evidence of coaching to go faster by demonstrating commitment to create an environment that builds teams skills and better ways for the organisation to change at pace.
• Advisory compliance expertise - Able to demonstrate 10+ years in the Financial Industry, with relevant experience of having worked in and led Compliance Advisory teams in a peer group firm.
• Technical Knowledge - A strong record as a technical expert in relation to Rates, FX and Commodities Compliance and the related rules and regulations.
• Influencing - Demonstrate ability to build partnerships, working collaboratively with others, with the ability to support leadership and risk owners make risk-based decisions consistent with risk appetite.
• Strategic Decision Making - Making good and timely decisions that keep the organisation moving forward and skilfully balances difficult trade-offs with the ability to understand and assimilate different sources of data and complex information.
• Want to do amazing work, that's interesting and makes a difference to millions of people? Join our journey.

Diversity, Inclusion & Benefits

At Lloyds Banking Group, 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. We keep your data safe. We'll only ask you to provide confidential or sensitive information once you have formally been invited 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 are inclusive every day and welcome applications from under-represented groups. We are disability confident and can provide reasonable adjustments to our recruitment processes on request.

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.

• 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