Trading Controls Senior Manager

Lloyds Banking Group; City of Edinburgh; On-site; GBP 119,000 - 141,000; Full time

Job summary

A leading financial services firm in the UK seeks an experienced Senior Manager specialized in Financial Markets to join their Trading Controls team. This pivotal role involves leading enhancements to the Trading Control Environment, ensuring compliance with regulations, and leveraging data analytics for risk management. Candidates must possess a deep understanding of trading controls, excellent partner management skills, and a commitment to fostering an inclusive work environment. The position offers a hybrid working model with engagement across trading, operations, and risk sectors.

Benefits

Hybrid Working Options

Diversity and inclusion initiatives

Qualifications

• Demonstrated expertise in operational risk frameworks within Financial Markets.
• Strong grasp of global regulatory requirements for trading controls.

Responsibilities

• Lead the development and enhancement of the Trading Controls framework.
• Ensure compliance with regulatory standards and internal policies.
• Drive continuous improvement in control design and operational resilience.

Skills

Deep understanding of trading controls

Strong knowledge of trade lifecycle processes

Ability to harness data analytics

Excellent partner management and influencing skills

Job description

End Date

Sunday 04 January 2026

Salary Range

£119,034 - £140,040

Flexible Working Options

Hybrid Working, Job Share

Job Description Summary

We’re looking for an experienced Senior Manager with Financial Markets expertise across FX, Rates, Repo, Commodities, and Debt Capital Markets to join the Trading Controls team within the CIB Chief Controls Office. This is a pivotal role, taking a leading position in delivering a robust Trading Control Environment supporting the Global Markets business. You’ll be instrumental in driving and embedding enhancements across systems and controls, governance, management information (MI), and operational risk management, ensuring alignment with internal risk appetite and meeting global regulatory expectations.

Job Description

Business Unit

Corporate & Institutional Banking (CIB) – Chief Controls Office

Location

London and Edinburgh

Hours

Full Time – 35 hours per week

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 shown above.

About the Role

You’ll lead the development and enhancement of the Trading Controls framework, providing oversight, challenge, and strategic input across trading processes and platforms. This role combines risk management, colleague and partner engagement, and continuous improvement to strengthen operational resilience and regulatory compliance across multiple jurisdictions.

Key Accountabilities

Trading Controls Framework

• Lead and enhance the Trading Controls Operational Risk Management Framework for financial markets businesses, ensuring compliance with regulatory standards and internal policies.
• Lead risk identification and assessment across trading product workflows, settlement processes, and internal/external trading platforms, embedding robust controls and reporting.
• Provide oversight of Trading Supervisory outputs, delivering review and challenge to front office colleagues.

Risk Advisory & Governance

• Advise on risk implications of new products and initiatives, partnering with front office trading and sales teams, Markets Operations, Compliance, and Markets Platform (Technology) teams.
• Lead and drive the MI governance process, working with 1LoD and 2LoD to provide effective review and challenge of key Trading Control MI.
• Monitor and challenge risk trigger reporting, raising material issues to risk and control owners and providing actionable insights to senior management and governance forums.

Continuous Improvement & Automation

• Drive continuous improvement in control design, automation, and operational resilience, utilising data analytics and emerging technologies.
• Identify and implement automated and preventative controls to reduce manual intervention and operational incidents.

Risk Culture & Collaboration

• Champion a strong risk culture within CIB CCO and Markets teams, delivering training and awareness programmes to embed accountability and industry standards.
• Collaborate globally, utilising experience in UK, US, and EU regulatory requirements to ensure alignment of risk frameworks across jurisdictions and support business growth.
• Work proactively with colleagues across Markets Operations, Risk, Finance, and Platforms to ensure the right outcomes.

Key Deliverables

• Comprehensive risk assessments and Risk Open Pages outputs for Markets activities, with documented mitigation strategies and control enhancements.
• Timely delivery of remediation/action plans for identified control gaps, supported by root cause analysis and sustainable solutions.
• Data‑driven risk reporting and dashboards for senior leaders, including trend analysis and emerging risk insights.
• Governance material collation and articulation of risk positions, control effectiveness, and regulatory compliance status.
• Stress testing and scenario analysis to validate resilience under adverse market conditions.
• Evidence of embedding risk culture through training completion metrics and feedback loops.
• Ongoing development of key Trading Control MI, including calibration of thresholds.

What You’ll Need

To be considered for this role, you’ll need to demonstrate:

Risk & Control Expertise

• Deep understanding of trading controls and operational risk frameworks within Financial Markets.
• Strong knowledge of trade lifecycle processes and associated risks across front‑to‑back functions.
• Familiarity with global regulatory requirements and industry standards for trading controls.

Data & Technology Skills

• Ability to harness data analytics for risk reporting, MI development, and control automation.
• Experience in implementing automated and preventative controls.

Communication & Leadership

• Excellent partner and collaborator management and influencing skills across senior levels.
• Ability to challenge constructively and provide authoritative guidance.

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!

If you’re excited by the thought of becoming part of our team, get in touch. We’d love to hear from you!

Additional Information

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.