At a Glance
- Tasks: Oversee data risk management and provide expert guidance on complex data issues.
- Company: Join Lloyds Banking Group, a leader in financial services with a commitment to diversity.
- Benefits: Enjoy a competitive salary, generous pension, flexible benefits, and 30 days' holiday.
- Other info: Flexible working options available; we value diverse backgrounds and experiences.
- Why this job: Make a real impact on data risk management while working with cutting-edge technologies.
- Qualifications: 7+ years in data risk or governance, with strong analytical and communication skills.
The predicted salary is between 85493 - 100580 £ per year.
We support flexible working – click here for more information on flexible working options.
Flexible Working Options: Hybrid Working, Job Share
About this opportunity:
Data is among the most valuable strategic assets held by the Group. As our use of cloud, AI, advanced analytics and digital technologies continues to grow, effective management of risks related to data has never been more important. We seek an experienced Data Risk professional to join our Data & Privacy Risk Specialist team. This is a senior second line role providing independent oversight, challenge and insight across the organisation’s management of data-related risks. Operate at the intersection of data, technology, risk, and regulation. Your role includes influencing decisions, improving risk management, and supporting innovation safely.
What you’ll be doing:
- Risk Oversight & Challenge: Provide independent second line supervision, scrutiny and risk assessment across business areas, pivotal initiatives and transformation programmes, evaluating how well governance, controls and frameworks related to data-related risks align with risk appetite, regulatory expectations and the Group Risk Management Framework. Deliver clear, evidence-based risk opinions and recommendations to inform decision-making, remediation, and investment priorities. Contribute to developing and improving data risk policies, standards, frameworks, and supervision techniques.
- Monitoring, Assessment & Insight: Monitor and assess the data risk landscape, identifying emerging risks, control weaknesses, systemic themes and technology-related risks through analysis of risk indicators, incidents, assurance findings and management information. Enhance data risk reporting, metrics and oversight approaches to provide clearer insight into risk exposure and control effectiveness, improving risk visibility, challenge and timely management action.
- Strategy, Change & Technology: Provide supervision, question assumptions and expert risk guidance across major change programmes, regulatory developments and new technologies, including AI and cloud, making authoritative recommendations that strengthen risk management and business outcomes. Build positive relationships across the three lines of defence to influence effective risk oversight and positive customer outcomes. Help continuously improve the Group's data risk framework, appetite, and oversight approach.
- Technical Data Risk: The role involves providing expert guidance on complex data risk issues. Essential expertise includes data governance, quality, lineage, metadata, privacy, retention, records management, data lifecycle controls, data architecture, cloud technologies, AI, and advanced analytics.
What we need from you:
- 7+ years' experience in data risk, data governance, data management or a related risk field within a complex organisation, with experience of risk frameworks, oversight and controls that handle data throughout its lifecycle.
- 7+ years' experience translating complex technical, architectural and regulatory topics into clear risk insights, recommendations and practical actions for business and risk leaders.
- 7+ years' experience working with modern data environments and technologies, including cloud platforms, advanced analytics, AI and data architecture.
- 7+ years' experience applying analytical, communication and partner leadership skills to communicate risk insights, influence senior decision-makers and drive positive risk outcomes.
It would be great if you also have:
- Experience leading thematic reviews, risk assessments or assurance activities within a Non-Financial risk environment.
- Experience embedding risk and control-by-design principles within AI, cloud, data transformation or large-scale technology change programmes.
- Experience coaching or mentoring colleagues and contributing to capability development.
Knowledge & Qualifications:
- Knowledge of BCBS239, GDPR, UK Data Protection requirements, AI governance and other relevant regulatory frameworks.
- Professional qualifications in risk, data management, data governance, privacy or technology-related subject areas.
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 want to ensure all our candidates have the opportunity to shine. Please let us know if there is anything we can do to make the sure the assessment process works for you. Our ambition is to be the leading UK business for diversity, equity and inclusion, crafting an environment where everyone can thrive, develop and succeed.
We also offer a wide-ranging benefits package, which includes:
- Generous pension contribution of up to 15%
- Annual performance-related bonus
- Share schemes, including free shares
- Flexible benefits to suit your lifestyle
- 30 days' holiday plus bank holidays
- Wellbeing initiatives and generous family leave policies
Ready to help build the future of Data Risk? We’re looking forward to hearing 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.
Senior Risk Manager, Data & Privacy in Bristol employer: Lloyds Bank
At Lloyds Banking Group, we pride ourselves on being an exceptional employer, offering a supportive and inclusive work environment in Fort William. With a strong focus on employee growth through our Skill Progression Framework, we provide ample opportunities for career advancement while ensuring a healthy work-life balance with flexible working options. Our comprehensive benefits package, including generous pension contributions and wellbeing initiatives, reflects our commitment to the well-being of our colleagues, making us a great place to build a meaningful career.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Risk Manager, Data & Privacy in Bristol
✨Join Compliance Communities
Get involved in compliance and risk communities — both online and offline. Look for forums, LinkedIn groups, or even local meetups where compliance pros hang out. You never know who might drop a job opportunity your way!
✨Attend Industry Conferences
Keep an eye out for compliance and risk management conferences and workshops in your area. These events are a goldmine for networking, and they often have job boards or recruiters on-site looking for new talent. Plus, it’s a chance to learn what's trending in the field.
✨Leverage Your University Career Services
If you’ve recently graduated or are still studying, head over to your university's career services. Many companies, including those in compliance, actively recruit fresh talent through these services, so make sure you tap into that resource.
✨Showcase Your Knowledge Online
Start writing articles or blog posts about compliance topics that interest you. Share them on platforms like LinkedIn to demonstrate your knowledge and passion. This not only builds your presence in the field but can also catch the attention of companies like Lloyds Bank looking for candidates who are engaged and informed.
We think you need these skills to ace Senior Risk Manager, Data & Privacy in Bristol
Some tips for your application 🫡
Show Your Understanding of Compliance:In the compliance-risk field, it's super important to showcase your understanding of regulations and risk management frameworks. Highlight any relevant coursework, certifications (like ICA or AML), or even projects that demonstrate your knowledge and commitment to this area. We want to see how you can navigate this complex landscape!
Quantify Your Achievements:When detailing your experience, try to quantify your achievements. For example, if you've previously worked on a project that improved compliance metrics or reduced risk exposure, give us the numbers! This data-driven approach really stands out to hiring managers in compliance-risk roles.
Tailor Your CV to Reflect Relevant Skills:Make sure your CV highlights skills that are particularly relevant to compliance, like attention to detail, analytical thinking, and report writing. Ensure these are easy to spot – consider using bullet points to break down your responsibilities and achievements for maximum impact!
Craft a Motivating Cover Letter:In your cover letter, let us know why you’re excited about the compliance-risk role at Lloyds Bank. Share what motivates you about compliance, and how you believe you can contribute to our mission. This is your chance to showcase not only your skills but also your passion for this important field!
How to prepare for a job interview at Lloyds Bank
✨Master the Regulations
Brush up on key compliance regulations relevant to the industry you're applying to. Familiarising yourself with specific laws and frameworks used in your field will give you an edge during technical questions. Show that you’re not just aware of them but can also apply them—think real-life scenarios!
✨Show Your Analytical Skills
Compliance roles really focus on analytical skills, so be prepared for case studies or situational questions during the interview. We've got to demonstrate how we approach risk assessments or compliance audits, possibly drawing on examples from past experiences or university projects. Bring some thoughtful case scenarios to discuss!
✨Know Your Tools
Get comfortable with commonly used compliance software and tools. Familiarity with platforms like RSA or MetricStream can really impress during your interview, as it shows you're ready to hit the ground running. If you’ve had any experience with them, make sure to highlight that!
✨Align with Company Culture
Since it's a full-time position, show your long-term commitment and interest in the company’s mission and values. Dive into how your ethics and professional philosophy align with Lloyds Bank’s stance on compliance. A shared vision can really resonate with interviewers looking for fit as much as skill!
