Controls Architect Manager - Workplace Pensions

Controls Architect Manager - Workplace Pensions

Full-Time 67023 - 74470 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead risk and control initiatives, driving improvements and compliance across the business.
  • Company: Lloyds Banking Group, committed to diversity and inclusion.
  • Benefits: Competitive salary, extensive benefits package, and flexible hybrid working options.
  • Other info: Join a dynamic team focused on transformation and career growth opportunities.
  • Why this job: Shape the future of finance while making a real impact on customers' lives.
  • Qualifications: Experience in risk management, strong communication skills, and knowledge of pensions.

The predicted salary is between 67023 - 74470 £ per year.

Salary Range: £67,023 - £74,470

Flexible Working Options: Hybrid Working, Job Share

Location: Edinburgh, Bristol or Leeds

Hours: 35 hours, full time

Working Pattern: Our work style is hybrid, which involves spending at least two days per week, or 40% of your time, at one of the above hubs.

We’re on an exciting journey to transform our Group and the way we shape 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, including you!

About this opportunity:

Are you ready to shape the future of risk and control in one of the most dynamic areas of Lloyds Banking Group? The Insurance, Pensions & Investments (IP&I) Chief Controls Office (CCO) is not just a function, it’s a strategic engine driving control transformation and excellence across IP&I. At the heart of the IP&I CCO is a mission to reset risk and elevate control standards. From tackling legacy challenges to leading control environment transformation and control automation, the team is making tangible improvements that unlock our potential to protect customers now, and in their futures.

You will lead the execution of risk and control initiatives across IP&I. You will be responsible for embedding robust control frameworks, driving control improvement, simplification and automation, ensuring compliance with the Enterprise Risk Management Framework (ERMF). This role demands strong leadership, cross-functional coordination, and the ability to influence senior stakeholders.

You’ll be responsible for:

  • Driving control improvements through simplification and automation.
  • Championing ERMF compliance across the business units.
  • Coordinating risk and control assessments in partnership with Risk Owners (ROs) and Control Owners (COs).
  • Leading root cause analysis of operational risk events and ensure timely control remediation.
  • Providing assurance over supplier policy adherence and manage outsourcing notification processes.
  • Acting as a key point of contact for internal and external stakeholders on control matters.

About you:

  • Experience in risk management and controls at managerial level.
  • Strong understanding of ERMF and operational risk frameworks.
  • Excellent stakeholder management and communication skills.
  • Strong understanding of Pensions and Retirements products.
  • Experience in process automation and control design.
  • Pension and Investments Platform knowledge and experience desired.

About working for us:

Our focus is to ensure we are 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 is why we especially welcome applications from under-represented groups. We are disability confident.

So, if you would like reasonable adjustments to be made to our recruitment processes, just let us know.

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.

Controls Architect Manager - Workplace Pensions employer: Lloyds Bank plc

Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in Leeds, Bristol, or Edinburgh, where you can thrive as an Analyst in BCB Credit Risk Modelling. With a strong commitment to diversity, equity, and inclusion, the company provides generous benefits including a pension contribution of up to 15%, flexible working options, and ample opportunities for professional growth and development, making it a rewarding place to build your career while contributing to meaningful financial services.

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Contact Details:

Lloyds Bank plc Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Controls Architect Manager - Workplace Pensions

Tap into Campus Networks

If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.

Get Certified

Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.

Connect on Professional Platforms

Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.

Apply Directly and Be Proactive

Don’t shy away from reaching out directly to firms like Lloyds Bank plc. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.

We think you need these skills to ace Controls Architect Manager - Workplace Pensions

Risk Management
Control Frameworks
Enterprise Risk Management Framework (ERMF)
Stakeholder Management
Communication Skills
Pensions and Retirement Products Knowledge
Process Automation

Some tips for your application 🫡

Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.

Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Lloyds Bank plc.

Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.

Research and Reflect:Before hitting that 'apply' button on Lloyds Bank plc's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!

How to prepare for a job interview at Lloyds Bank plc

Brush Up on Financial Analysis Skills

Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Lloyds Bank plc.

Prepare for Case Studies

Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.

Show Your Passion for Finance

Since this is a full-time position, employers at Lloyds Bank plc will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.

Network with Industry Professionals

Before your interview, reach out to current or former Lloyds Bank plc employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.