Manager PRA Reg Affairs, Central Compliance, CCOR

at  Lloyds Banking Group

End Date
Thursday 16 May 2024
Salary Range
£73,521 - £81,690
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 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 looking for two Managers to help inform and support senior executives and relevant business areas to achieve the best possible outcomes in their interactions with the PRA.
Job Description
JOB TITLE: Manager PRA Reg Affairs, Central Compliance, CCOR
LOCATION(S): London, Edinburgh, Glasgow, Leeds, Halifax, Chester, Birmingham, Bristol, Cardiff
SALARY: £62,000 to £85,000
HOURS: Full time
WORKING PATTERN: Our work style is hybrid, which involves spending at least two days per week, or 40% of our time in the office
About this opportunity:
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 looking for two Managers to help inform and support senior executives and relevant business areas to achieve the best possible outcomes in their interactions with the PRA.
Are you passionate about regulatory risk and playing a key role in managing the Group’s relationship with the PRA? Are you curious about regulation and keen to build group wide knowledge? Are you keen to support the Group’s Executives and NEDs in their interactions with the regulators?

What you’ll be doing:

• Prepare briefings, MI and reports that provide senior management and the Board with the latest positions on regulatory topics and insight about the approach/views of our supervisors.
• Attend and minute senior customer meetings with the regulator and produce summary insights.
• Establish trusted partnerships with key business areas to support the proactive management of regulatory engagements.
• Contribute to the creation and ongoing development of Group guardrails for acceptance and mitigation of regulatory risks and compliance breaches.
• Ensure our horizon scanning is efficient, effective and insightful to the Group.
• Interpret new and existing regulations and understand their likely impact on relevant parts of the Group. Inform business areas of upcoming regulatory changes.
• Contribute to the identification and assessment of regulatory and compliance risks.

Why Lloyds Banking Group?
Join us and, as well as making a difference to customers, you’ll enjoy a fulfilling career where you’re free to be yourself. Great colleagues, transforming workspaces, hybrid working and a wide variety of career opportunities – you’ll find them all he

What you’ll need:

• Ability to collaborate with multiple customers. Ability to build strong partnerships and experience in supporting businesses in a partnership role.
• Good base-level knowledge of the PRA’s approach to banking supervision and an interest and inquisitiveness in the regulations applicable to the Group.
• Ability to understand and summarise regulatory information for visibility at Executive level. Good oral and written communication skills.
• Ability to understand and assimilate different sources of data and information and draw relevant conclusions and recommendations.
• Well organised and ability to keep track of multiple tasks.
• Understanding of end-to-end accountability in the context of risk management in a banking group like LBG.

And any experience of these would be really useful:

• Knowledge of PRA regulations applicable to LBG.
• Understanding of the Group’s business areas.
• Experience of working at a Regulator.
• Knowledge of Microsoft Office tools, risk management tools and other data analytic tools.
• Inclusive working style that ensures everyone can be themselves in a safe environment.
• An awareness of the importance of documentary evidence for key decisions.

• Prepare briefings, MI and reports that provide senior management and the Board with the latest positions on regulatory topics and insight about the approach/views of our supervisors.
• Attend and minute senior customer meetings with the regulator and produce summary insights.
• Establish trusted partnerships with key business areas to support the proactive management of regulatory engagements.
• Contribute to the creation and ongoing development of Group guardrails for acceptance and mitigation of regulatory risks and compliance breaches.
• Ensure our horizon scanning is efficient, effective and insightful to the Group.
• Interpret new and existing regulations and understand their likely impact on relevant parts of the Group. Inform business areas of upcoming regulatory changes.
• Contribute to the identification and assessment of regulatory and compliance risks