End Date
Tuesday 01 July 2025
Salary Range
£76,194 - £89,640
We support flexible working – click here for more information on flexible working options
Flexible Working Options
Hybrid Working, Job Share
Job Description Summary
JOB TITLE: Reward Regulation and Governance Senior Manager

SALARY: £76,194 - £89,640

LOCATIONS: Edinburgh, Bristol and Leeds
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
About this Opportunity
Leading all aspects of the Reward Regulation and Governance team involves crafting and coordinating the regulatory and governance framework for Lloyds Banking Group’s reward strategies. Your expertise will ensure compliance with all relevant regulations while driving innovative reward solutions that attract, retain, and motivate top talent. Engaging with senior partners and contributing to the strategic direction of the Group’s reward policies.

What you’ll be doing

• Regulatory Compliance: Ensure all reward policies align with UK and international regulations, including remuneration codes, applicable laws, and industry standards.
• Governance Framework: Develop and maintain robust governance structures for reward policies, ensuring clarity, fairness, and alignment with the Group’s strategic objectives.
• Strategic Leadership: Provide strategic direction and thought leadership on reward regulation and governance, influencing senior management and the Remuneration Committee.
• Stakeholder Management: Build strong relationships with internal and external stakeholders, including Risk, Compliance and industry bodies.
• Policy Development: Lead the design and implementation of reward policies that support the Group’s strategic goals and enhance employee engagement.
• Risk Management: Identify and mitigate risks associated with reward practices, ensuring robust controls and monitoring mechanisms are in place.
• Market Insights: Stay abreast of market trends and regulatory changes, providing insights and recommendations to adapt reward strategies accordingly.

Why Lloyds Banking Group?
If you think all banks are the same, you’d be wrong. We’re an innovative, fast-changing business that’s shaping finance as a force for good. A bank that’s empowering its people to innovate, explore possibilities and grow with purpose

What you’ll need

• Proven experience in reward regulation and governance within the financial services sector both in the UK and Europe.
• Deep knowledge of UK and international remuneration regulations and standard processes.
• Exceptional leadership and stakeholder management skills.
• Strategic thinker with the ability to influence and lead change at senior levels.
• Excellent analytical and problem-solving abilities.
• Integrity and ethical judgment.
• Strong communication and interpersonal skills.
• Proactive and committed to achieving goals.
• Ability to work under pressure and manage multiple priorities.

About working for us
Our ambition is to be the leading UK business for diversity, equity and inclusion supporting our customers, colleagues and communities, and we’re committed to creating an environment in which everyone can thrive, learn and develop.
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.
We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns. And, as a Disability Confident Leader, we guarantee interviews for a fair and proportionate number of applicants who meet the minimum criteria for the role with a disability, long-term health or neurodivergent condition through the Disability Confident Scheme.
We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.

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

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

• Regulatory Compliance: Ensure all reward policies align with UK and international regulations, including remuneration codes, applicable laws, and industry standards.
• Governance Framework: Develop and maintain robust governance structures for reward policies, ensuring clarity, fairness, and alignment with the Group’s strategic objectives.
• Strategic Leadership: Provide strategic direction and thought leadership on reward regulation and governance, influencing senior management and the Remuneration Committee.
• Stakeholder Management: Build strong relationships with internal and external stakeholders, including Risk, Compliance and industry bodies.
• Policy Development: Lead the design and implementation of reward policies that support the Group’s strategic goals and enhance employee engagement.
• Risk Management: Identify and mitigate risks associated with reward practices, ensuring robust controls and monitoring mechanisms are in place.
• Market Insights: Stay abreast of market trends and regulatory changes, providing insights and recommendations to adapt reward strategies accordingly