Senior Manager - Complaints & Rectifications Compliance

Lloyds Banking Group; City of Edinburgh; Hybrid; GBP 60,000 - 80,000; Full time

Job summary

A major financial institution is seeking a Senior Manager for Complaints & Rectifications Compliance. This role involves overseeing compliance management, leading a team of specialists, and ensuring that the organization meets regulatory standards. The ideal candidate will be a strong technical expert in conduct regulation rules like DISP and COMP, and possess excellent leadership and communication skills. Join us to make a difference in the financial services of the future.

Benefits

Generous pension contribution

Annual performance-related bonus

30 days holiday plus bank holidays

Flexible benefits options

Qualifications

• Strong record as a technical expert in relation to DISP, CONRED, COMP.
• Experience of developing and owning group-level policy.
• Deep understanding of risk management and consumer outcomes.

Responsibilities

• Lead the definition of risk appetite and control objectives.
• Monitor risks and ensure compliance with regulatory requirements.
• Collaborate with business executives to innovate compliance processes.

Skills

Technical expertise in conduct regulation rules

Strong leadership skills

Excellent communication skills

Job description

End Date

Salary Range

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

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

Title: Senior Manager - Complaints & Rectifications Compliance
Location(s): Leeds, Halifax, Bristol, Birmingham, Edinburgh, Cardiff
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.

Job Description

We’re on an exciting journey and there couldn’t be a better time to join us. We’re putting 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!

This means we’re changing how we do risk management, creating a team of risk specialists, to provide support aligned to our risk and control owners to deliver great customer outcomes!

We’re seeking a Senior Manager in Compliance as a Risk Specialist in Complaints and Rectifications. This is a unique opportunity to shape how we oversee complaints and rectifications, while also influencing our approach to vulnerability and customer outcomes across the Group. The role supports the Customer & Product Director in creating a new function of talented compliance specialists that support the Group in adhering with all core regulatory requirements in relation to customers in key moments of truth. Not only will you bring significant compliance experience, but we’re looking for someone innovative and transformational who loves proactively working with business executives to develop new opportunities to better meet customers’ needs.

Key accountabilities

• Evidence of being a strong technical expert in relation to a wide variety of conduct regulation rules, but be a market leading expert in DISP, CONRED, COMP, FOS and broader rectifications.
• Keep up-to-date with industry, consumer and market developments, and convert this knowledge into ideas and activities that support the development, ongoing maintenance and embedding of the DISP & Rectifications policies and risk appetite.
• Has a good depth of understanding of the Financial Services Ombudsman and ability to advise upon strategic issues emerging and determine Group strategy.
• Act as one of the Group’s specialist Conduct & Compliance Risk leads and represent the organisation, building strong relationships with external partners, in particular regulators and other governing bodies.
• Ensure risks are measured, monitored, controlled, and reported on a timely basis and consistently across the Group, and provide independent challenge to risk decisions, as they relate to your specialism.
• Interpret new and existing regulations accurately and adeptly, highlighting the direction of travel and anticipating the impact of the proposed changes across the whole Group.
• Responsible for maintaining the balance between risk-taking and risk mitigation, defining and developing a clear and comprehensive risk appetite that outlines risk tolerances and risk limits.
• Lead the definition and development of appropriate control objectives for Conduct & Compliance Risks. Ensure that the Group’s business processes, systems and activities are conducted in a controlled and compliant manner.
• Establish Key Risk Indicators and Key Control Indicators to track progress and measure the performance of controls, providing appropriate reporting and escalation to senior management and the Board.
• Provide support to risk and control owners to report incidents, exceptions, or non-compliance with control objectives. Take corrective action and implement changes when control objectives are not being met or when existing risks change and/or new risks emerge.
• Continuously monitor the risk landscape for changes to existing risks and identification of new, emerging risks.

What you’ll need

• Has a strong record as a technical expert in relation to DISP, CONRED, COMP, and the Consumer Duty Sourcebook.
• Experience of developing and owning group-level policy and setting risk-appetite, with expertise in continuous monitoring and reporting on group exposure.
• Able to demonstrate depth to confidently provide challenge and advice to platforms.
• Significant experience of RegTech and has utilised technology and data led solutions to deliver enhanced consumer outcomes.
• Evidence of demonstrating good and timely decision making that keeps the organisation moving forward and skilfully balances difficult trade-offs with the ability to understand business strategy and opportunity risks.
• Excellent leadership skills with evidence of coaching to go faster by demonstrating commitment to create an environment that builds teams with skills aligned to our Group Strategy and Purpose creating new and better ways for the organisation to change at pace.
• Future focused by being able to conceptualise and articulate a customer centric desired end state that has clear line of sight to our Group Strategy

And any experience of these would be really useful

• Has examples to show how they have helped the business to understand its compliance obligations, including successful oversight and challenge to ensure adherence to Compliance Risk Appetite.
• Strong communication skills and the ability to influence at senior levels.
• Inclusive working style that ensures everyone can be themselves in a safe environment.
• Record of delivering results and an awareness of the importance of documentary evidence for key decisions.

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:

• 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

Want to do amazing work, that’s interesting and makes a difference to millions of people? Join our journey.

At 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.

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.

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.