Senior Regulatory Risk Manager — PRA Strategy & Engagement in London

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Flexible Working Options: Hybrid Working, Job Share

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 handling the risks that they face.

We're looking for a Senior Risk Manager to join our PRA Regulatory Affairs team. You'll ensure successful delivery of the Group's Regulatory Strategy, this role acts as a central point of contact for regulators, serving as conduit for identifying, escalating, and mitigating areas of regulatory risk.

The Senior Risk Manager will play a key role in support regulatory engagement across the following parts of the Groups: Chief Credit Officer, Chief Operating Officer and Ring Fence Bank Officer. You will help to inform and support Board members, Senior Executives and relevant business areas to deliver good engagement in their interactions with the PRA.

Key accountabilities:

• Represent the organisation and build strong relationships with the PRA, delivering the Group's Regulatory Strategy.
• Demonstrate depth to confidently provide credible advice and assurance on core compliance and regulatory obligations to support the business.
• Establish trusted partnerships with key business areas to support the proactive management of regulatory engagements.
• Prepare briefings, MI and Reports that provide senior management and the Board with latest positions on key hot topics, as well as key messages.
• Attend senior collaborator meetings with the regulator and produce summary insights.
• Interpret new and existing regulations and understand their likely impact on relevant parts of the Group.
• Forethink the direction of travel and anticipate the impact of the proposed changes on the Group.
• Contribute to the identification and assessment of regulatory and compliance risks.

What you'll need:

• Good base-level knowledge of the PRA's approach to banking supervision and an interest and inquisitiveness in the regulations applicable to the Group.
• Proven track record of strategic regulatory briefing and management or producing executive level documents.
• A thirst to improve, embrace new challenges and work flexibly, maintaining an understanding of emerging risks and areas of regulatory focus as they emerge and evolve.
• The ability to influence with impact, shaping the opinions and actions of key partners, gaining their trust and commitment to the desired outcome and demonstrating an ability to build strong partner relationships both internally and externally.
• Understanding of LBG's high level business strategy and priorities.
• Detailed understanding of emerging regulatory, customer and industry expectations and requirements.
• Ability to communicate in all forms and to audiences at all levels both internally and externally.

And any experience of these would be really useful:

• Previous experience working with/or at the PRA/Regulator.
• Thorough understanding of the Regulatory environment and implications for LBG.
• Evidence of being an adopter of change and adopting transformation.
• Evidence of transforming ways of working.

We know that great talent comes from many backgrounds. Whilst this job advert may reference specific years of experience, we recognise that skills are developed in many ways, so if you have relevant, transferable experience, we encourage you to apply.

This is a place for you: 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 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

Ready to make an impact? Apply today! 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'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.