SALARY: £67,000 to £81,900pa plus an extensive benefits package.
LOCATION: Edinburgh, Bristol or 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. Colleagues with disabilities can be supported with workplace adjustments including hybrid working expectations in line with our Flexibility Works policy.
Are you ready to shape the future of risk and control in one of the most dynamic areas of Lloyds Banking Group?
The IP&I Chief Controls Office (CCO) is not just a function, it’s a strategic engine driving control transformation and excellence across Insurance, Pensions & Investments.
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.
As a manager with responsibility for our Operational Risk Capital processes, you will play a key role in managing the end‑to‑end process for IP&I. You will be responsible for coordinating capital inputs, supporting robust governance and oversight, and ensuring the process is delivered accurately and in line with the Solvency II requirements. This role demands strong leadership, cross‑functional coordination, analytical capability, and the ability to influence senior stakeholders.
Your Responsibilities
- Managing the operational risk capital process for IP&I, ensuring timelines, governance and deliverables are met.
- Ensuring the capital process is delivered in line with requirements, internal policy and relevant governance standards.
- Coordinating risk, control and loss data inputs in partnership with Risk Owners, Control Owners and Finance to support capital analysis and reporting.
- Providing analysis, challenge and insight on capital drivers, trends and movements to support effective senior management decision‑making.
- Preparing and coordinating papers, reporting and governance materials to support review and approval of capital outcomes.
- Acting as a key point of contact for stakeholders across IP&I, Group functions and second line Risk on operational risk capital matters.
Qualifications
- Experience in risk management and controls at managerial level.
- An understanding of capital risk framework and model approaches, including Solvency II requirements.
- Strong understanding of ERMF and operational risk frameworks.
- Excellent stakeholder management and communication skills.
We provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
Manager, Operational Risk Capital • Leeds Wellington Place
Manager, Operational Risk Capital in Ledston employer: LLOYDS BANKING GROUP
Lloyds Banking Group is an exceptional employer that prioritises employee well-being and professional growth, offering a dynamic work culture that fosters collaboration and innovation. With the flexibility of remote working and opportunities for career advancement within the Economic Crime Prevention function, employees can thrive in a supportive environment while contributing to meaningful compliance efforts. The company's commitment to diversity and inclusion further enhances its appeal, making it a rewarding place to build a career.
