At a Glance
- Tasks: Lead regulatory engagements and prepare insightful reports for senior executives.
- Company: Join Lloyds Banking Group, a leader in transforming finance for good.
- Benefits: Enjoy flexible working, generous pension contributions, and 30 days of holiday.
- Why this job: Make a real impact in financial services while growing your skills in a supportive environment.
- Qualifications: Strong communication skills and a collaborative mindset are essential; knowledge of PRA regulations is a plus.
- Other info: We celebrate diversity and welcome applications from all backgrounds.
The predicted salary is between 76464 - 84960 £ per year.
Manager PRA Reg Affairs, Central Compliance, CCOR-2 page is loaded
Manager PRA Reg Affairs, Central Compliance, CCOR-2
Apply locations London
Time Type: Full time
Posted On: Posted Yesterday
Time Left to Apply: End Date: March 21, 2025 (13 days left to apply)
Job Requisition ID: 129675
End Date:
Thursday 20 March 2025
Salary Range:
£76,464 – £84,960
We support flexible working – click here for more information on flexible working options
Flexible Working Options:
Flexibility in when hours are worked, Hybrid Working, Job Share
Job Description Summary
Job Title: Risk Manager PRA Group Regulatory Affairs (GRA), Central Compliance, CCOR
Location(s): London, Edinburgh or Leeds
Hours: Full time
Working Pattern: Hybrid, 40% (or two days) in one of the above offices
About this Opportunity
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 fresh operating model for non-financial risk management across the Group, empowering our people to take end-to-end accountability for handling the risks that they face.
We’re looking for a Risk Manager to help inform and support Board members, Senior Executives and relevant business areas to deliver good engagement in their interactions with the PRA.
In this role you’ll play a key role in supporting the regulatory engagements for: the Group Chief Credit Office, the Group Chief Operating Office, and for the Ring-Fenced Bank Risk Office. Looking further ahead, the portfolios of the GRA team members get periodically refreshed to keep everyone challenged and learning new things; so there will be opportunities to support the regulatory engagements for a range of other high-profile areas.
Day to day you’ll be:
- Preparing briefings, MI and reports that provide GEC and Board members with the latest positions on regulatory topics and insight about the approach/views of our supervisors.
- Attending senior stakeholder meetings with the regulator and produce summary insights.
- Establishing trusted partnerships with key business areas to support the proactive management of regulatory engagements.
- Contributing to the creation and ongoing development of Group guardrails for acceptance and mitigation of regulatory risks and compliance breaches.
- Interpreting new and existing regulations and understand their likely impact on relevant parts of the Group. Inform business areas of upcoming regulatory changes.
- Contributing to the identification and assessment of regulatory and compliance risks.
About Us
We’re on an exciting journey to transform our Group and the way we’re shaping finance for good. We’re focusing on the future, investing in our technologies, workplaces, and colleagues to make our Group a great place for everyone.
What You’ll Need
- Ability to collaborate with multiple partners and build strong partnerships and experience in supporting businesses.
- Good base-level knowledge of the PRA’s approach to banking supervision and an interest and inquisitiveness in the PRA 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.
- Understanding of end-to-end accountability in the context of risk management in a banking group like LBG.
- Customer centric approach and understanding LBG’s strategy.
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 financial 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.
About Working for Us
Our focus is to ensure we’re inclusive every day, and build 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, let us know if you’d like reasonable adjustments to be made to our recruitment processes.
We also offer a wide-ranging benefits package, which includes:
- A generous pension contribution of up to 15%
- An annual bonus award, subject to Group performance
- 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.
About Us
With 320 years under our belt, we’re used to change, and today is no different. Join us and help drive this change, shaping the future of finance whilst working at pace to deliver for our customers.
Here, you’ll do the best work of your career. Your impact will be amplified by our scale as you learn and develop, gaining skills for the future.
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Manager PRA Reg Affairs, Central Compliance, CCOR-2 employer: Lloyds Bank plc
Contact Detail:
Lloyds Bank plc Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Manager PRA Reg Affairs, Central Compliance, CCOR-2
✨Tip Number 1
Familiarize yourself with the PRA's approach to banking supervision. Understanding their regulations and how they apply to LBG will give you a significant edge during discussions and interviews.
✨Tip Number 2
Network with professionals in regulatory affairs and compliance. Building relationships with individuals who have experience in this field can provide valuable insights and potentially lead to referrals.
✨Tip Number 3
Stay updated on recent regulatory changes and trends in the financial sector. Being able to discuss current events and their implications for LBG will demonstrate your proactive approach and genuine interest in the role.
✨Tip Number 4
Prepare to showcase your ability to collaborate with multiple partners. Think of examples from your past experiences where you successfully built partnerships and managed stakeholder relationships, as this is crucial for the role.
We think you need these skills to ace Manager PRA Reg Affairs, Central Compliance, CCOR-2
Some tips for your application 🫡
Understand the Role: Take the time to thoroughly read the job description for the Manager PRA Reg Affairs position. Make sure you understand the key responsibilities and required skills, as this will help you tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasize your experience in regulatory affairs, risk management, and any relevant knowledge of PRA regulations. Use specific examples to demonstrate how your background aligns with the requirements of the role.
Showcase Communication Skills: Since good oral and written communication skills are essential for this role, ensure that your application is well-structured and free of errors. Consider including examples of how you've successfully communicated complex regulatory information in previous roles.
Express Your Interest in the Company: In your cover letter, convey your enthusiasm for joining Lloyds Banking Group and contributing to their mission of shaping finance for good. Mention any specific aspects of the company culture or values that resonate with you.
How to prepare for a job interview at Lloyds Bank plc
✨Understand Regulatory Frameworks
Make sure you have a solid grasp of the PRA's approach to banking supervision and the relevant regulations. This knowledge will help you articulate how you can support the regulatory engagements effectively.
✨Showcase Your Communication Skills
Prepare to demonstrate your oral and written communication skills. You may be asked to summarize complex regulatory information, so practice explaining these concepts clearly and concisely.
✨Build on Your Collaborative Experience
Highlight your ability to collaborate with multiple partners. Be ready to share examples of how you've built strong partnerships in previous roles, as this is crucial for the position.
✨Demonstrate Customer-Centric Thinking
Emphasize your understanding of LBG’s strategy and how it aligns with a customer-centric approach. Be prepared to discuss how you can contribute to shaping financial services that benefit customers and communities.