Manager, Group Regulatory Affairs, FCA, Conduct Compliance & Operational Risk

Lloyds Banking Group; City of Edinburgh; Hybrid; GBP 65,000 - 73,000; Full time

Job summary

Lloyds Banking Group is seeking a Risk Manager in Edinburgh to enhance their non-financial risk management. This role involves stakeholder management, regulatory interaction, and strategic risk assessment. Join a forward-thinking organization committed to inclusivity and impactful work.

Benefits

Pension contribution up to 15%

30 days holiday plus bank holidays

Annual bonus

Flexible benefits

Wellbeing initiatives

Parental leave policies

Qualifications

• Basic knowledge of FCA supervisory approach and regulatory landscape.
• Experience supporting business partnerships.

Responsibilities

• Prepare briefings and reports for GEC and Board on regulatory topics.
• Attend senior stakeholder meetings with the regulator.
• Coordinate responses to regulatory requests.

Skills

Stakeholder collaboration

Communication

Data analysis

Organizational skills

Customer-centric mindset

Growth mindset

Tools

Microsoft Office

Risk management tools

Data analytics tools

Job description

End Date

Monday 21 July 2025

Salary Range

£65,385 - £72,650

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

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

We’re on an exciting journey at LBG and there couldn’t be a better time to join us. We’re putting in place a new operating model for non-financial risk management across the Group, empowering our people to take end-to-end accountability for managing the risks they face.
We’re seeking a Risk Manager to support Board members, Senior Executives, and relevant business areas in engaging effectively with the FCA.

Job Description

Key accountabilities:

• Prepare briefings, MI, and reports providing the GEC and Board with updates on regulatory topics and supervisory insights.
• Attend and document senior stakeholder meetings with the regulator, producing summary insights.
• Build trusted partnerships with key business areas to support proactive regulatory engagement management.
• Coordinate responses to regulatory requests.
• Contribute to the development of Group guardrails for regulatory risk acceptance and mitigation.
• Ensure horizon scanning is efficient and insightful.
• Interpret new and existing regulations and assess their impact on the Group; inform relevant areas of upcoming changes.
• Assist in identifying and assessing regulatory and compliance risks.

What you’ll need:

• Strong stakeholder collaboration skills and experience supporting business partnerships.
• Basic knowledge of FCA supervisory approach and regulatory landscape affecting the Group.
• Ability to summarize regulatory information clearly for executive visibility; excellent communication skills.
• Skill in analyzing data and drawing relevant conclusions.
• Organizational skills to manage multiple tasks efficiently.
• Understanding of risk management accountability within a banking context.
• Customer-centric mindset aligned with LBG’s strategy.
• Growth mindset with a proactive approach to process improvement.

Preferred experience:

• Knowledge of FCA regulations applicable to LBG.
• Understanding of the Group’s business areas.
• Experience working with a regulator.
• Proficiency with Microsoft Office, risk management, and data analytics tools.
• Inclusive working style fostering a safe environment for all.
• Awareness of the importance of documentation for key decisions.

About working for us:

We value inclusivity, diversity, and belonging. Our benefits include a pension contribution up to 15%, annual bonus, share schemes, flexible benefits, 30 days holiday plus bank holidays, wellbeing initiatives, and parental leave policies. Join us to do meaningful work that impacts millions.

Our purpose at Lloyds Banking Group is to help Britain prosper. We aim to make a difference for our customers, communities, and colleagues, offering opportunities to learn, grow, and develop.

We prioritize data safety and transparency in our hiring process, conducting background checks only after a formal offer is accepted, with clear communication about the process.

We are committed to a values-led, inclusive culture that reflects the diversity of our communities, enabling all colleagues to make a meaningful impact.