At a Glance
- Tasks: Oversee innovative Digital Asset developments and ensure compliance with regulations.
- Company: Lloyds Banking Group, a leader in financial services transformation.
- Benefits: Generous pension, performance bonuses, flexible working, and 30 days holiday.
- Other info: Inclusive culture with opportunities for growth and innovation.
- Why this job: Join a dynamic team shaping the future of payments and customer experience.
- Qualifications: Strong operational risk expertise and understanding of Digital Assets regulations.
The predicted salary is between 55000 - 65000 € per year.
LOCATION(S): Edinburgh, Bristol, Birmingham or Leeds
HOURS: Full time, 35 hours per week
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.
About this opportunity
Digital Assets are one of the most transformative developments in financial services since the advent of online banking, and Lloyds Banking Group is at the forefront of this change. From tokenised deposits and programmable money to blockchain enabled settlement, the Group is accelerating its ambitions across wholesale and retail use cases. As part of the Conduct, Compliance & Operational Risk (CCOR) function, the Digital Assets Risk Specialist will provide independent second line oversight of these fast evolving propositions. You'll join a high profile, high pace area shaping the future of payments, markets, and customer experience. Your work will span industry first pilots, new regulatory regimes, and the build out of entirely new capabilities. You'll help ensure the Group innovates safely - embedding robust risk management while enabling strategic delivery.
What you'll be doing:
- Provide independent oversight across the Group's Digital Asset developments, including tokenised deposits, stablecoins, digital wallets, and wider blockchain propositions.
- Act as a subject matter expert on associated regulatory requirements, staying ahead of new developments and industry best practice. Use this knowledge to support regulatory applications and advise on evolving compliance requirements.
- Build relationships with colleagues and understand their operations. Help them to identify and assess risks relating to Digital Assets and support them in the design and evaluation of the respective controls.
- Support the adoption of the Group's new Payments and Transaction Execution Risk Policy, help the business to embed it and provide timely and insightful oversight – all in line with the Operational Risk framework.
- Advocate for customers through concise, commercially sensitive advice to business areas on policy interpretation and regulations, utilising deep business expertise to co-create compliant solutions for customers and the Group working closely with the business.
- Act as an operational risk specialist and represent the organisation, building relationships with external partners; in particular regulators and other governing bodies.
- Champion continuous review and enhancement of risk policies & appetite through the identification & assessment of emerging & growing risks. Ensure policies and appetite reflect new opportunities or threats.
- Contribute to the coordination of core Operational Risk processes, including scenario and loss analysis, and coordinate input into key regulatory submissions and external disclosures (e.g. ICAAP).
- Develop and operate tools and systems enabling Business Units/Functions to consistently identify risks and evaluate the robustness of respective controls.
What you'll need:
- Strong operational risk expertise, with experience of Digital Assets and associated technologies.
- An understanding of relevant regulation and industry standards, with experience of translating complex requirements into practical guidance that supports the implementation of compliant solutions.
- Excellent communication and influencing skills, with experience of working in an inclusive style where everyone can be themselves.
- Experience in preparing concise reports for senior level audiences, with clarity and precision.
- A data driven approach to everything you do and a keen interest to maximise the potential of AI in driving productivity and reimagining work.
- Growth mindset and commitment to everyday innovation.
- Record of delivering results and an awareness of the importance of documentary evidence for key decisions.
Benefits and inclusivity:
- A generous pension contribution of up to 15%.
- An annual performance‐related bonus.
- 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.
- We offer reasonable workplace adjustments for colleagues with disabilities, including flexibility in office attendance, location and working patterns.
- 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 provide reasonable adjustments throughout the recruitment process to reduce or remove barriers. Just let us know what you need.
Senior Manager - Digital Assets Risk in West Bromwich employer: Lloyds Banking Group
Lloyds Banking Group is an exceptional employer, offering a dynamic work environment in cities like Edinburgh, Bristol, Birmingham, and Leeds. With a strong focus on employee growth, the company provides generous benefits including a substantial pension contribution, flexible working arrangements, and a commitment to inclusivity, ensuring that all employees can thrive while contributing to innovative developments in digital assets and financial services.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Manager - Digital Assets Risk in West Bromwich
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those already working at Lloyds Banking Group. A friendly chat can open doors and give you insider info on what they're really looking for.
✨Tip Number 2
Prepare for the interview by diving deep into digital assets and their regulatory landscape. Show us you’re not just familiar with the buzzwords but can discuss how they impact risk management and compliance.
✨Tip Number 3
Practice your storytelling skills! We want to hear about your past experiences and how they relate to the role. Use the STAR method (Situation, Task, Action, Result) to keep it structured and impactful.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our team at Lloyds.
We think you need these skills to ace Senior Manager - Digital Assets Risk in West Bromwich
Some tips for your application 🫡
Tailor Your Application:Make sure to customise your CV and cover letter for the Senior Manager - Digital Assets Risk role. Highlight your experience with digital assets and operational risk, and show us how your skills align with what we're looking for.
Showcase Your Expertise:We want to see your knowledge of regulatory requirements and industry standards. Use specific examples from your past work to demonstrate how you've successfully navigated complex compliance issues in the digital assets space.
Be Clear and Concise:When writing your application, keep it straightforward and to the point. We appreciate clarity, especially when it comes to your achievements and how they relate to the role. Remember, we’re looking for precision!
Apply Through Our Website:Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for this exciting opportunity in shaping the future of digital assets.
How to prepare for a job interview at Lloyds Banking Group
✨Know Your Digital Assets
Make sure you brush up on the latest trends and regulations surrounding digital assets. Familiarise yourself with concepts like tokenised deposits, stablecoins, and blockchain technology. This knowledge will not only impress your interviewers but also show that you're genuinely interested in the role.
✨Showcase Your Risk Management Skills
Prepare to discuss your experience with operational risk management, especially in relation to digital assets. Think of specific examples where you've identified risks and implemented controls. This will demonstrate your expertise and ability to contribute to the Group's objectives.
✨Communicate Clearly and Confidently
Since the role requires excellent communication skills, practice articulating your thoughts clearly. You might be asked to explain complex regulatory requirements, so being able to break these down into simple terms will be key. Consider doing mock interviews with a friend to refine your delivery.
✨Build Relationships in the Interview
Remember, this role involves collaboration with various teams. During the interview, try to connect with your interviewers by asking insightful questions about their operations and how they handle digital asset risks. This shows that you’re not just focused on your own role but are also keen to work as part of a team.
